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Stockholders' Equity | 9 Months Ended
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Sep. 30, 2021
Equity [Abstract] |
Stockholders' Equity | 14. 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 nine months ended September 30, 2021, we did no t repurchase any shares of our common stock. As of September 30, 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. Accumulated Other Comprehensive Income (Loss) The following tables present the changes in accumulated other comprehensive loss, net of tax, by component:
|  | Three Months Ended September 30, 2021 |
(In thousands) |  | Unrealized Losses on Available- for-Sale Securities |  |  | Defined Benefit Plan Adjustments |  |  | Foreign Currency Adjustments |  |  | ASU 2018-02 Adoption |  |  | Total |
As of June 30, 2021 |  | $ | (255 | ) |  | $ | (9,310 | ) |  | $ | (3,960 | ) |  | $ | 385 |  |  | $ | (13,140 | )
Other comprehensive loss before reclassifications |  |  | (29 | ) |  |  | — |  |  |  | (1,389 | ) |  |  | — |  |  |  | (1,418 | )
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | (32 | ) |  |  | 124 |  |  |  | — |  |  |  | — |  |  |  | 92 |
Net current period other comprehensive income (loss) |  |  | (61 | ) |  |  | 124 |  |  |  | (1,389 | ) |  |  | — |  |  |  | (1,326 | )
As of September 30, 2021 |  | $ | (316 | ) |  | $ | (9,186 | ) |  | $ | (5,349 | ) |  | $ | 385 |  |  | $ | (14,466 | )
|  | Three Months Ended September 30, 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 June 30, 2020 |  | $ | 206 |  |  | $ | (8,894 | ) |  | $ | (7,043 | ) |  | $ | 385 |  |  | $ | (15,346 | )
Other comprehensive income before reclassifications |  |  | 494 |  |  |  | — |  |  |  | 2,469 |  |  |  | — |  |  |  | 2,963 |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | (539 | ) |  |  | 244 |  |  |  | — |  |  |  | — |  |  |  | (295 | )
Net current period other comprehensive income (loss) |  |  | (45 | ) |  |  | 244 |  |  |  | 2,469 |  |  |  | — |  |  |  | 2,668 |
As of September 30, 2020 |  | $ | 161 |  |  | $ | (8,650 | ) |  | $ | (4,574 | ) |  | $ | 385 |  |  | $ | (12,678 | )
|  | Nine Months Ended September 30, 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 |  |  | (358 | ) |  |  | — |  |  |  | (2,914 | ) |  |  | — |  |  |  | (3,272 | )
Amounts reclassified from accumulated other comprehensive income |  |  | 10 |  |  |  | 435 |  |  |  | — |  |  |  | — |  |  |  | 445 |
Net current period other comprehensive income (loss) |  |  | (348 | ) |  |  | 435 |  |  |  | (2,914 | ) |  |  | — |  |  |  | (2,827 | )
As of September 30, 2021 |  | $ | (316 | ) |  | $ | (9,186 | ) |  | $ | (5,349 | ) |  | $ | 385 |  |  | $ | (14,466 | )
|  | Nine Months Ended September 30, 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 before reclassifications |  |  | 444 |  |  |  | — |  |  |  | 2,718 |  |  |  | — |  |  |  | 3,162 |
Amounts reclassified from accumulated other comprehensive income |  |  | 1 |  |  |  | 576 |  |  |  | — |  |  |  | — |  |  |  | 577 |
Net current period other comprehensive income |  |  | 445 |  |  |  | 576 |  |  |  | 2,718 |  |  |  | — |  |  |  | 3,739 |
As of September 30, 2020 |  | $ | 161 |  |  | $ | (8,650 | ) |  | $ | (4,574 | ) |  | $ | 385 |  |  | $ | (12,678 | )
The following tables present the details of reclassifications out of accumulated other comprehensive income (loss):
|  | Three Months Ended September 30, 2021
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |  | Affected Line Item in the Statement Where Net Income Is Presented
Unrealized gain (loss) on available-for-sale securities: |  |  |  |  |
Net realized loss on sales of securities |  | $ | 42 |  |  | Net investment gain (loss)
Defined benefit plan adjustments – actuarial gain |  |  | (180 | ) |  | (1)
Total reclassifications for the period, before tax |  |  | (138 | ) |  |
Tax expense |  |  | 46 |  |  |
Total reclassifications for the period, net of tax |  | $ | (92 | ) |  |
(1) A part of the computation of net periodic pension cost, which is included in other income (expense), net in the Condensed Consolidated Statements of Income (Loss).
|  | Three Months Ended September 30, 2020
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |  | Affected Line Item in the Statement Where Net Income Is Presented
Unrealized gain (loss) on available-for-sale securities: |  |  |  |  |
Net realized loss on sales of securities |  | $ | 728 |  |  | Net investment gain (loss)
Defined benefit plan adjustments – actuarial gain |  |  | (354 | ) |  | (1)
Total reclassifications for the period, before tax |  |  | 374 |  |  |
Tax benefit |  |  | (79 | ) |  |
Total reclassifications for the period, net of tax |  | $ | 295 |  |  |
(1) A part of the computation of net periodic pension cost, which is included in other income (expense), net in the Condensed Consolidated Statements of Income (Loss).
|  | Nine Months Ended September 30, 2021
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |  | Affected Line Item in the Statement Where Net Income Is Presented
Unrealized gain (loss) on available-for-sale securities: |  |  |  |  |
Net realized gain on sales of securities |  | $ | (13 | ) |  | Net investment gain (loss)
Defined benefit plan adjustments – actuarial gain |  |  | (630 | ) |  | (1)
Total reclassifications for the period, before tax |  |  | (643 | ) |  |
Tax expense |  |  | 198 |  |  |
Total reclassifications for the period, net of tax |  | $ | (445 | ) |  |
(1) A part of the computation of net periodic pension cost, which is included in other income (expense), net in the Condensed Consolidated Statements of Income (Loss).
|  | Nine Months Ended September 30, 2020
(In thousands) |  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |  | Affected Line Item in the Statement Where Net Income Is Presented
Unrealized gain (loss) on available-for-sale securities: |  |  |  |  |
Net realized gain on sales of securities |  | $ | (1 | ) |  | Net investment gain (loss)
Defined benefit plan adjustments – actuarial gain |  |  | (835 | ) |  | (1)
Total reclassifications for the period, before tax |  |  | (836 | ) |  |
Tax expense |  |  | 259 |  |  |
Total reclassifications for the period, net of tax |  | $ | (577 | ) |  |
(1) A part of the computation of net periodic pension cost, which is included in other income (expense), net in the Condensed Consolidated Statements of Income (Loss). The following tables present the tax effects related to the change in each component of other comprehensive income (loss):
|  | Three Months Ended |  |  | Three Months Ended |
|  | September 30, 2021 |  |  | September 30, 2020 |
(In thousands) |  | Before-Tax Amount |  |  | Tax (Expense) Benefit |  |  | Net-of-Tax Amount |  |  | Before-Tax Amount |  |  | Tax (Expense) Benefit |  |  | Net-of-Tax Amount |
Unrealized gain (loss) on available-for-sale securities |  | $ | (38 | ) |  | $ | 9 |  |  | $ | (29 | ) |  | $ | 668 |  |  | $ | (174 | ) |  | $ | 494 |
Reclassification adjustment for amounts related to available-for-sale investments included in net income (loss) |  |  | (42 | ) |  |  | 10 |  |  |  | (32 | ) |  |  | (728 | ) |  |  | 189 |  |  |  | (539 | )
Reclassification adjustment for amounts related to defined benefit plan adjustments included in net income (loss) |  |  | 180 |  |  |  | (56 | ) |  |  | 124 |  |  |  | 354 |  |  |  | (110 | ) |  |  | 244 |
Foreign currency translation adjustment |  |  | (1,389 | ) |  |  | — |  |  |  | (1,389 | ) |  |  | 2,469 |  |  |  | — |  |  |  | 2,469 |
Total Other Comprehensive Income (Loss) |  | $ | (1,289 | ) |  | $ | (37 | ) |  | $ | (1,326 | ) |  | $ | 2,763 |  |  | $ | (95 | ) |  | $ | 2,668 |
|  | Nine Months Ended |  |  | Nine Months Ended |
|  | September 30, 2021 |  |  | September 30, 2020 |
(In thousands) |  | Before-Tax Amount |  |  | Tax (Expense) Benefit |  |  | Net-of-Tax Amount |  |  | Before-Tax Amount |  |  | Tax (Expense) Benefit |  |  | Net-of-Tax Amount |
Unrealized gain (loss) on available-for-sale securities |  | $ | (471 | ) |  | $ | 113 |  |  | $ | (358 | ) |  | $ | 600 |  |  | $ | (156 | ) |  | $ | 444 |
Reclassification adjustment for amounts related to available-for-sale investments included in net income (loss) |  |  | 13 |  |  |  | (3 | ) |  |  | 10 |  |  |  | 1 |  |  |  | — |  |  |  | 1 |
Reclassification adjustment for amounts related to defined benefit plan adjustments included in net income (loss) |  |  | 630 |  |  |  | (195 | ) |  |  | 435 |  |  |  | 835 |  |  |  | (259 | ) |  |  | 576 |
Foreign currency translation adjustment |  |  | (2,914 | ) |  |  | — |  |  |  | (2,914 | ) |  |  | 2,718 |  |  |  | — |  |  |  | 2,718 |
Total Other Comprehensive Income (Loss) |  | $ | (2,742 | ) |  | $ | (85 | ) |  | $ | (2,827 | ) |  | $ | 4,154 |  |  | $ | (415 | ) |  | $ | 3,739 |

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- 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
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