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Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The components of other comprehensive income (loss) (“OCI”), including the income tax expense or benefit allocated to each component, were as follows:

 

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(In thousands)

 

Foreign currency translation adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized foreign currency translation gains (losses)
   before income taxes

 

$

(8,388

)

 

$

4,736

 

 

$

12,576

 

 

$

(8,536

)

Income tax expense (benefit) on unrealized foreign currency
   translation gains (losses)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Change in unrealized foreign currency translation gains
   (losses), net of income taxes

 

$

(8,388

)

 

$

4,736

 

 

$

12,576

 

 

$

(8,536

)

Unrealized gain (losses) on available-for-sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

Change in unrealized holding gains (losses) arising during period
   before income taxes

 

$

41,133

 

 

$

106,493

 

 

$

87,852

 

 

$

84,890

 

Income tax expense (benefit) on unrealized holding gains
   (losses) arising during period

 

 

8,736

 

 

 

22,769

 

 

 

18,541

 

 

 

18,053

 

Change in unrealized holding gains (losses) on available-for-sale
   securities arising during period, net of income taxes

 

 

32,397

 

 

 

83,724

 

 

 

69,311

 

 

 

66,837

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification from accumulated OCI to net income for (gains)
   losses realized on available-for-sale securities

 

 

696

 

 

 

142

 

 

 

2,341

 

 

 

(429

)

Income tax (expense) benefit on (gains) losses reclassified
   from accumulated OCI to net income

 

 

146

 

 

 

30

 

 

 

492

 

 

 

(90

)

Reclassification from accumulated OCI to net income for (gains)
   losses realized on available-for-sale securities, net of income taxes

 

 

550

 

 

 

112

 

 

 

1,849

 

 

 

(339

)

Change in unrealized gains (losses) on available-for-sale
   securities, net of income taxes and reclassification adjustment

 

$

32,947

 

 

$

83,836

 

 

$

71,160

 

 

$

66,498

 

Effect of change in discount rate assumptions on the LFPB:

 

 

 

 

 

 

 

 

 

 

 

 

Change in effect in discount rate assumptions on the LFPB before income taxes

 

$

(107,417

)

 

$

(346,794

)

 

$

(170,463

)

 

$

(40,910

)

Income tax expense (benefit) on the effect of change in discount rate

 

 

 

 

 

 

 

 

 

 

 

 

 assumptions on the LFPB from accumulated OCI to net income

 

 

(22,483

)

 

 

(74,112

)

 

 

(35,322

)

 

 

(8,755

)

Change in effect in discount rate assumptions on the LFPB, net of income taxes

 

$

(84,934

)

 

$

(272,682

)

 

$

(135,141

)

 

$

(32,155

)