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Income Taxes
9 Months Ended
Sep. 30, 2015
Income Taxes

Note 12. Income Taxes

Intraperiod tax allocation rules require the Company to allocate the provision for income taxes between continuing operations and other categories of earnings, such as other comprehensive income. In periods in which the Company has a year-to-date pre-tax loss from continuing operations and pre-tax income in other categories of earnings, such as other comprehensive income, the Company must allocate the tax provision to the other categories of earnings. The Company then records a related tax benefit in continuing operations. During the three months ended September 30, 2015, the Company recorded unrealized losses of $2.7 million, net of taxes, on its investments in available-for-sale securities in other comprehensive income. During the nine months ended September 30, 2015, the Company recorded unrealized gains of $4.9 million, net of taxes, on investments in available-for-sale securities in other comprehensive income. As a result, for the three months ended September 30, 2015, the Company recorded tax expense of $0.1 million and tax benefits of $1.9 million for the nine months ended September 30, 2015.