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Other Comprehensive (Loss) Income
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Other Comprehensive (Loss) Income

9.

Other Comprehensive (Loss) Income

The following table is a summary of other comprehensive (loss) income and discloses the tax impact of each component of other comprehensive (loss) income for the three and six months ended June 30, 2016 and 2015 (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Net unrealized gain (loss) on available-for-sale

   securities, net of income taxes (1)

 

$

112

 

 

$

(114

)

 

$

343

 

 

$

(7

)

Net unrealized (loss) gain on interest rate swaps, net

   of income taxes (2)

 

 

(231

)

 

 

34

 

 

 

(763

)

 

 

79

 

Foreign currency translation

 

 

(11

)

 

 

(12

)

 

 

(21

)

 

 

(26

)

Total other comprehensive (loss) income

 

$

(130

)

 

$

(92

)

 

$

(441

)

 

$

46

 

 

 

(1)

Net of income tax expense (benefit) of $75 and ($76) for the three months ended June 30, 2016 and 2015, respectively, and net of income tax expense (benefit) of $167 and ($5) for the six months ended June 30, 2016 and 2015, respectively.

 

(2)

Net of income tax (benefit) expense of ($136) and $20 for the three months ended June 30, 2016 and 2015, respectively, and net of income tax (benefit) expense of ($448) and $46 for the six months ended June 30, 2016 and 2015, respectively.

Accumulated other comprehensive loss, net of tax, was approximately $1.1 million and $0.6 million at June 30, 2016 and December 31, 2015, respectively. Accumulated other comprehensive loss consisted of adjustments, net of tax, for unrealized gains and losses on available-for-sale securities and interest rate swaps, and foreign currency translation.