XML 37 R23.htm IDEA: XBRL DOCUMENT
v3.21.1

Stockholders' Equity | 3 Months Ended
--- | ---
Mar. 31, 2021
Equity [Abstract] |
Stockholders' Equity | 15. STOCKHOLDERS’ EQUITY Stock Repurchase Program Since 1997, the Company’s Board of Directors has approved multiple share repurchase programs that have authorized repurchases of its common stock, which are implemented through open market or private purchases from time to time as conditions warrant. During the three months ended March 31, 2021 and 2020, we did not repurchase any shares of our common stock. As of March 31, 2021, we had the authority to purchase an additional 2.5 million shares of our common stock under the current authorization of up to 5.0 million shares. Other Comprehensive Loss The following tables present the changes in accumulated other comprehensive loss, net of tax, by component:
|  | Three Months Ended March 31, 2021 |
(In thousands) |  | Unrealized Gains (Losses) on Available- for-Sale Securities |  |  | Defined Benefit Plan Adjustments |  |  | Foreign Currency Adjustments |  |  | ASU 2018-02 Adoption |  |  | Total |
As of December 31, 2020 |  | $ | 32 |  |  | $ | (9,621 | ) |  | $ | (2,435 | ) |  | $ | 385 |  |  | $ | (11,639 | )
Other comprehensive loss before reclassifications |  |  | (57 | ) |  |  | — |  |  |  | (1,863 | ) |  |  | — |  |  |  | (1,920 | )
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | (135 | ) |  |  | 99 |  |  |  | — |  |  |  | — |  |  |  | (36 | )
Net current period other comprehensive income (loss) |  |  | (192 | ) |  |  | 99 |  |  |  | (1,863 | ) |  |  | — |  |  |  | (1,956 | )
As of March 31, 2021 |  | $ | (160 | ) |  | $ | (9,522 | ) |  | $ | (4,298 | ) |  | $ | 385 |  |  | $ | (13,595 | )
|  | Three Months Ended March 31, 2020 |
(In thousands) |  | Unrealized Gains (Losses) on Available- for-Sale Securities |  |  | Defined Benefit Plan Adjustments |  |  | Foreign Currency Adjustments |  |  | ASU 2018-02 Adoption |  |  | Total |
As of December 31, 2019 |  | $ | (284 | ) |  | $ | (9,226 | ) |  | $ | (7,292 | ) |  | $ | 385 |  |  | $ | (16,417 | )
Other comprehensive income (loss) before reclassifications |  |  | (931 | ) |  |  | — |  |  |  | (1,650 | ) |  |  | — |  |  |  | (2,581 | )
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | 1,048 |  |  |  | 141 |  |  |  | — |  |  |  | — |  |  |  | 1,189 |
Net current period other comprehensive income (loss) |  |  | 117 |  |  |  | 141 |  |  |  | (1,650 | ) |  |  | — |  |  |  | (1,392 | )
As of March 31, 2020 |  | $ | (167 | ) |  | $ | (9,085 | ) |  | $ | (8,942 | ) |  | $ | 385 |  |  | $ | (17,809 | )
The following tables present the details of reclassifications out of accumulated other comprehensive loss:
|  | Three Months Ended March 31, 2021
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Loss |  |  | Affected Line Item in the Statement Where Net Income Is Presented
Unrealized gains (losses) on available-for-sale securities: |  |  |  |  |  |
Net realized gains on sales of securities |  | $ | 178 |  |  | Net investment gain (loss)
Defined benefit plan adjustments – actuarial losses |  |  | (143 | ) |  | (1)
Total reclassifications for the period, before tax |  |  | 35 |  |  |
Tax benefit |  |  | 1 |  |  |
Total reclassifications for the period, net of tax |  | $ | 36 |  |  |
| (1) | Included in the computation of net periodic pension cost. See Note 5.
|  | Three Months Ended March 31, 2020
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Loss |  |  | Affected Line Item in the Statement Where Net Income Is Presented
Unrealized gains (losses) on available-for-sale securities: |  |  |  |  |  |
Net realized losses on sales of securities |  | $ | (1,416 | ) |  | Net investment gain (loss)
Defined benefit plan adjustments – actuarial losses |  |  | (204 | ) |  | (1)
Total reclassifications for the period, before tax |  |  | (1,620 | ) |  |
Tax benefit |  |  | 431 |  |  |
Total reclassifications for the period, net of tax |  | $ | (1,189 | ) |  |
| (1) | Included in the computation of net periodic pension cost. See Note 5.
The following table presents the tax effects related to the change in each component of other comprehensive loss:
|  | Three Months Ended |  |  | Three Months Ended |
|  | March 31, 2021 |  |  | March 31, 2020 |
(In thousands) |  | Before-Tax Amount |  |  | Tax (Expense) Benefit |  |  | Net-of-Tax Amount |  |  | Before-Tax Amount |  |  | Tax (Expense) Benefit |  |  | Net-of-Tax Amount |
Unrealized loss on available-for-sale securities |  | $ | (75 | ) |  | $ | 18 |  |  | $ | (57 | ) |  | $ | (1,258 | ) |  | $ | 327 |  |  | $ | (931 | )
Reclassification adjustment for amounts related to available-for-sale investments included in net income (loss) |  |  | (178 | ) |  |  | 43 |  |  |  | (135 | ) |  |  | 1,416 |  |  |  | (368 | ) |  |  | 1,048 |
Reclassification adjustment for amounts related to defined benefit plan adjustments included in net income (loss) |  |  | 143 |  |  |  | (44 | ) |  |  | 99 |  |  |  | 204 |  |  |  | (63 | ) |  |  | 141 |
Foreign currency translation adjustment |  |  | (1,863 | ) |  |  | — |  |  |  | (1,863 | ) |  |  | (1,650 | ) |  |  | — |  |  |  | (1,650 | )
Total Other Comprehensive Loss |  | $ | (1,973 | ) |  | $ | 17 |  |  | $ | (1,956 | ) |  | $ | (1,288 | ) |  | $ | (104 | ) |  | $ | (1,392 | )

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

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration