Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income

v2.4.0.8
Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
ACCUMULATED OTHER COMPREHENSIVE INCOME
For the six months ended June 30, 2014, changes in Accumulated other comprehensive income, net of tax, were as follows:
(In thousands)
Foreign
currency
 
Unrealized
gains in
Accumulated
OCI
 
Total
Balance at December 31, 2013
$
1,371

 
$
2,047

 
$
3,418

Other comprehensive income before reclassifications, net of tax (1)
(1,613
)
 
(948
)
 
(2,561
)
Amounts reclassified from accumulated other comprehensive income, net of tax (1)

 
(553
)
 
(553
)
Net other comprehensive income
(1,613
)
 
(1,501
)
 
(3,114
)
Balance at June 30, 2014
$
(242
)
 
$
546

 
$
304

(1)
Effective tax rate of 38.47%.
Amounts reclassified from Accumulated other comprehensive income for the six months ended June 30, 2014 related to $1.3 million realized gain on the sales of certain of our investments available for sale. Of the $1.3 million gain on the sales of our investments available for sale, a $0.9 million gain was reclassified from unrealized gains in Accumulated other comprehensive income to Other income (expense), net for the six months ended June 30, 2014.