| Other comprehensive income (loss) |
|
20. |
Other comprehensive income (loss) |
Charges and credits to other comprehensive income (loss) have been as follows:
|
|
|
Interest rate
swap and cap
agreements |
|
|
Investment
securities |
|
|
Foreign
currency
translation
adjustments |
|
|
Accumulated
other
comprehensive
income (loss) |
|
|
Balance at December 31, 2011 |
|
$ |
(19,328 |
) |
|
$ |
(156 |
) |
|
$ |
— |
|
|
$ |
(19,484 |
) |
|
Unrealized (losses) gains |
|
|
(10,154 |
) |
|
|
2,524 |
|
|
|
(1,205 |
) |
|
|
(8,835 |
) |
|
Related income tax |
|
|
3,950 |
|
|
|
(983 |
) |
|
|
— |
|
|
|
2,967 |
|
|
|
|
|
(6,204 |
) |
|
|
1,541 |
|
|
|
(1,205 |
) |
|
|
(5,868 |
) |
|
Reclassification from accumulated other
comprehensive losses (income) into net income |
|
|
16,578 |
|
|
|
(123 |
) |
|
|
— |
|
|
|
16,455 |
|
|
Related income tax |
|
|
(6,448 |
) |
|
|
48 |
|
|
|
— |
|
|
|
(6,400 |
) |
|
|
|
|
10,130 |
|
|
|
(75 |
) |
|
|
— |
|
|
|
10,055 |
|
|
Balance at December 31, 2012 |
|
$ |
(15,402 |
) |
|
$ |
1,310 |
|
|
$ |
(1,205 |
) |
|
$ |
(15,297 |
) |
|
Unrealized gains (losses) |
|
|
277 |
|
|
|
3,752 |
|
|
|
(2,216 |
) |
|
|
1,813 |
|
|
Related income tax |
|
|
(108 |
) |
|
|
(1,452 |
) |
|
|
— |
|
|
|
(1,560 |
) |
|
|
|
|
169 |
|
|
|
2,300 |
|
|
|
(2,216 |
) |
|
|
253 |
|
|
Reclassification from accumulated other
comprehensive losses (income) into net income |
|
|
21,096 |
|
|
|
(802 |
) |
|
|
— |
|
|
|
20,294 |
|
|
Related income tax |
|
|
(8,207 |
) |
|
|
312 |
|
|
|
— |
|
|
|
(7,895 |
) |
|
|
|
|
12,889 |
|
|
|
(490 |
) |
|
|
— |
|
|
|
12,399 |
|
|
Balance at December 31, 2013 |
|
$ |
(2,344 |
) |
|
$ |
3,120 |
|
|
$ |
(3,421 |
) |
|
$ |
(2,645 |
) |
|
Unrealized (losses) gains |
|
|
(16,509 |
) |
|
|
425 |
|
|
|
(22,952 |
) |
|
|
(39,036 |
) |
|
Related income tax |
|
|
6,450 |
|
|
|
(187 |
) |
|
|
— |
|
|
|
6,263 |
|
|
|
|
|
(10,059 |
) |
|
|
238 |
|
|
|
(22,952 |
) |
|
|
(32,773 |
) |
|
Reclassification from accumulated other
comprehensive losses (income) into net income |
|
|
17,409 |
|
|
|
(340 |
) |
|
|
— |
|
|
|
17,069 |
|
|
Related income tax |
|
|
(6,801 |
) |
|
|
133 |
|
|
|
— |
|
|
|
(6,668 |
) |
|
|
|
|
10,608 |
|
|
|
(207 |
) |
|
|
— |
|
|
|
10,401 |
|
|
Balance at December 31, 2014 |
|
$ |
(1,795 |
) |
|
$ |
3,151 |
|
|
$ |
(26,373 |
) |
|
$ |
(25,017 |
) |
The reclassification of net swap and cap realized losses into income are recorded as debt expense in the corresponding consolidated statements of income. See Note 14 to the consolidated financial statements for further details.
The reclassification of net investment realized gains into income are recorded in other income in the corresponding consolidated statements of income. See Note 9 to the consolidated financial statements for further details.
|