XML 65 R37.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Other comprehensive income | The pretax components of our other comprehensive income (loss) and related income tax (expense) benefit for the years ended December 31, 2017, 2016 and 2015 are included in table 10.1 below:
| Table | 10.1 |  |  |  |  |  |
Components of other comprehensive income (loss) | (In thousands) |  | 2017 |  | 2016 |  | 2015
Net unrealized investment gains (losses) arising during the year |  | $ | 69,052 |  |  | $ | (5,425 | ) |  | $ | (33,718 | )
Income tax (expense) benefit |  | (21,505 | ) |  | 1,776 |  |  | 11,738 |
| Valuation allowance (1) |  | — |  |  | — |  |  | 62,383 |
| Net of taxes |  | 47,547 |  |  | (3,649 | ) |  | 40,403 |
| Net changes in benefit plan assets and obligations |  | (8,983 | ) |  | (14,799 | ) |  | (12,818 | )
| Income tax benefit |  | 3,144 |  |  | 5,179 |  |  | 4,487 |
| Valuation allowance (1) |  | — |  |  | — |  |  | (7,383 | )
| Net of taxes |  | (5,839 | ) |  | (9,620 | ) |  | (15,714 | )
| Net changes in unrealized foreign currency translation adjustment |  | 45 |  |  | (1,463 | ) |  | (5,699 | )
| Income tax (expense) benefit |  | (14 | ) |  | 512 |  |  | 2,000 |
| Valuation allowance (1) |  | — |  |  | — |  |  | (529 | )
| Net of taxes |  | 31 |  |  | (951 | ) |  | (4,228 | )
| Total other comprehensive income (loss) |  | 60,114 |  |  | (21,687 | ) |  | (52,235 | )
| Total income tax (expense) benefit, net of valuation allowance |  | (18,375 | ) |  | 7,467 |  |  | 72,696 |
| Total other comprehensive income (loss), net of tax |  | $ | 41,739 |  |  | $ | (14,220 | ) |  | $ | 20,461 |
(1) | See Note 12 – “Income Taxes” for a discussion of the valuation allowance recorded against deferred tax assets in 2015.
Reclassification out of accumulated other comprehensive income | The pretax and related income tax benefit (expense) components of the amounts reclassified from our accumulated other comprehensive loss ("AOCL") to our consolidated statements of operations for the years ended December 31, 2017, 2016 and 2015 are included in table 10.2 below:
| Table | 10.2 |  |  |  |  |  |
Reclassifications from AOCL | (In thousands) |  | 2017 |  | 2016 |  | 2015
Reclassification adjustment for net realized (losses) gains included in net income (1) |  | $ | (2,580 | ) |  | $ | 6,207 |  |  | $ | 11,693 |
| Income tax benefit (expense) |  | 903 |  |  | (2,050 | ) |  | (4,076 | )
| Valuation allowance (2) |  | — |  |  | — |  |  | 3,635 |
| Net of taxes |  | (1,677 | ) |  | 4,157 |  |  | 11,252 |
| Reclassification adjustment related to benefit plan assets and obligations (3) | 906 |  |  | 1,480 |  |  | 2,184 |
| Income tax (expense) |  | (317 | ) |  | (518 | ) |  | (764 | )
| Valuation allowance (2) |  | — |  |  | — |  |  | 574 |
| Net of taxes |  | 589 |  |  | 962 |  |  | 1,994 |
| Reclassification adjustment related to foreign currency (4) |  | — |  |  | 1,467 |  |  | — |
| Income tax (expense) |  | — |  |  | (513 | ) |  | — |
| Net of taxes |  | — |  |  | 954 |  |  | — |
| Total reclassifications |  | (1,674 | ) |  | 9,154 |  |  | 13,877 |
| Total income tax benefit (expense), net of valuation allowance |  | 586 |  |  | (3,081 | ) |  | (631 | )
| Total reclassifications, net of tax |  | $ | (1,088 | ) |  | $ | 6,073 |  |  | $ | 13,246 |
(1) | (Decreases) increases Net realized investment gains on the consolidated statements of operations.
(2) | See Note 12 – “Income Taxes” for a discussion of the valuation allowance recorded against deferred tax assets in 2015.
(3) | Decreases (increases) Other underwriting and operating expenses, net on the consolidated statements of operations.
(4) | Increases (decreases) Other revenue on the consolidated statements of operations.
Accumulated other comprehensive income (loss) | A rollforward of AOCL for the years ended December 31, 2017, 2016, and 2015, including amounts reclassified from AOCL, is included in table 10.3 below.
| Table | 10.3 |  |  |  |  |  |  |  |
Rollforward of AOCL | (In thousands) |  | Net unrealized gains and losses on available-for-sale securities |  | Net benefit plan assets and obligations recognized in shareholders' equity |  | Net unrealized foreign currency translation |  | Total AOCL
| Balance, December 31, 2014, net of tax |  | $ | (57,551 | ) |  | $ | (28,938 | ) |  | $ | 5,148 |  |  | $ | (81,341 | )
| Other comprehensive income (loss) before reclassifications |  | 51,655 |  |  | (13,720 | ) |  | (4,228 | ) |  | 33,707 |
| Less: Amounts reclassified from AOCL |  | 11,252 |  |  | 1,994 |  |  | — |  |  | 13,246 |
| Balance, December 31, 2015, net of tax |  | (17,148 | ) |  | (44,652 | ) |  | 920 |  |  | (60,880 | )
| Other comprehensive income (loss) before reclassifications |  | 508 |  |  | (8,658 | ) |  | 3 |  |  | (8,147 | )
| Less: Amounts reclassified from AOCL |  | 4,157 |  |  | 962 |  |  | 954 |  |  | 6,073 |
| Balance, December 31, 2016, net of tax |  | (20,797 | ) |  | (54,272 | ) |  | (31 | ) |  | (75,100 | )
| Other comprehensive income (loss) before reclassifications |  | 45,870 |  |  | (5,250 | ) |  | 31 |  |  | 40,651 |
| Less: Amounts reclassified from AOCL |  | (1,677 | ) |  | 589 |  |  | — |  |  | (1,088 | )
| Less: Amounts reclassified for lower enacted corporate tax rate |  | (2,525 | ) |  | 12,947 |  |  | — |  |  | 10,422 |
| Balance, December 31, 2017, net of tax |  | $ | 29,275 |  |  | $ | (73,058 | ) |  | $ | — |  |  | (43,783 | )

X
- References No definition available. + Details
Name: | us-gaap_ComprehensiveIncomeNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration