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Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income

The following tables provide changes in the balances of each component of accumulated other comprehensive income, net of tax, for the periods ended September 30, 2018 and 2017:
Three Months Ended September 30, 2018 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at July 1
$
875

 
$
(69
)
 
$
806

Other comprehensive loss before reclassifications
(487
)
 

 
(487
)
Amounts reclassified from accumulated other comprehensive income

 

 

Net current-period other comprehensive loss
(487
)
 

 
(487
)
Ending balance
$
388

 
$
(69
)
 
$
319

Three Months Ended September 30, 2017 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at July 1
$
13,775

 
$
(107
)
 
$
13,668

Other comprehensive gain before reclassifications
1,236

 

 
1,236

Amounts reclassified from accumulated other comprehensive income
(530
)
 
1

 
(529
)
Net current-period other comprehensive income
706

 
1

 
707

Ending balance
$
14,481

 
$
(106
)
 
$
14,375

Nine Months Ended September 30, 2018 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at January 1
$
16,003

 
$
(58
)
 
$
15,945

Cumulative effect adjustment for adoption of new accounting standards
(13,616
)
 
(11
)
 
(13,627
)
Other comprehensive loss before reclassifications
(1,999
)
 

 
(1,999
)
Amounts reclassified from accumulated other comprehensive income

 

 

Net current-period other comprehensive loss
(1,999
)
 

 
(1,999
)
Ending balance
$
388

 
$
(69
)
 
$
319

Nine Months Ended September 30, 2017 (in thousands)
Unrealized Gains and Losses
On Available-for-Sale
Securities
 
Postretirement
Benefits Plans
 
 
Total
Beginning balance at January 1
$
11,871

 
$
(110
)
 
$
11,761

Other comprehensive income before reclassifications
3,253

 

 
3,253

Amounts reclassified from accumulated other comprehensive income
(643
)
 
4

 
(639
)
Net current-period other comprehensive income
2,610

 
4

 
2,614

Ending balance
$
14,481

 
$
(106
)
 
$
14,375



The following tables provide amounts reclassified out of each component of accumulated other comprehensive income for the periods ended September 30, 2018 and 2017:
Three Months Ended September 30, 2018 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized investment gains
$

 
 
Other-than-temporary impairments

 
 
Total
$

 
Net realized investment gains
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss

 
 
Total
$

 
(a)
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Reclassifications for the period
$

 
 
Three Months Ended September 30, 2017 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized investment gains
$
804

 
 
Other-than-temporary impairments

 
 
Total
$
804

 
Net realized investment gains
Tax
(274
)
 
Provision for Income Taxes
Net of Tax
$
530

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss
(2
)
 
 
Total
$
(2
)
 
(a)
Tax
1

 
Provision for Income Taxes
Net of Tax
$
(1
)
 
 
Reclassifications for the period
$
529

 
 













Nine Months Ended September 30, 2018 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized investment gains
$

 
 
Other-than-temporary impairments

 
 
Total
$

 
Net realized investment gains
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss

 
 
Total
$

 
(a)
Tax

 
Provision for Income Taxes
Net of Tax
$

 
 
Reclassifications for the period
$

 
 
Nine Months Ended September 30, 2017 (in thousands)
 
 
 
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified from
Accumulated Other
Comprehensive Income
 
 Affected Line Item in the Consolidated
Statements of Income
Unrealized gains and losses on available-for-sale securities:
 
 
 
Net realized investment gains
$
977

 
 
Other-than-temporary impairments

 
 
Total
$
977

 
Net realized investment gains
Tax
(334
)
 
Provision for Income Taxes
Net of Tax
$
643

 
 
Amortization related to postretirement benefit plans:
 

 
 
Prior year service cost
$

 
 
Unrecognized loss
(6
)
 
 
Total
$
(6
)
 
(a)
Tax
2

 
Provision for Income Taxes
Net of Tax
$
(4
)
 
 
Reclassifications for the period
$
639

 
 

(a)
These accumulated other comprehensive income components are not reclassified to net income in their entirety in the same reporting period. The amounts are presented within personnel costs on the Consolidated Statements of Income as amortized. Amortization and accretion related to postretirement benefit plans is included in the computation of net periodic pension costs, as discussed in Note 5.