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Table of Contents
9. Accumulated Other Comprehensive (Loss) Income
The following table summarizes the changes in accumulated balances of other comprehensive (loss) income, net of tax:
All amounts reclassified from accumulated other comprehensive (loss) income were related to realized gains (losses) on available-for-
sale
securities. These reclassifications impacted "Interest and other income (expense)" on the Consolidated Statements of Operations.
Income before provision for income taxes was as follows:
The components of provision for income taxes for all periods presented were as follows:
59
Foreign currency
Change in
unrealized gains on
available-for-sale
securities
Total
(in thousands)
Balance as of December 31, 2012
1,381
$
1,538
2,919
Other comprehensive income before reclassifications
1,772
(1,597
)
175
Amounts reclassified from accumulated other comprehensive income
—
481
481
Net increase (decrease) in other comprehensive income
1,772
(1,116
)
656
Balance as of December 31, 2013
3,153
$
422
3,575
Other comprehensive (loss) income before reclassifications
(7,768
)
337
(7,431
)
Amounts reclassified from accumulated other comprehensive (loss)income
—
(
590
)
(590
)
Net decrease in other comprehensive (loss) income
(7,768
)
(253
)
(8,021
)
Balance as of December 31, 2014
(4,615
)
$
169
(4,446
)
10.
Income Taxes
Year Ended December 31,
2014
2013
2012
(in thousands)
United States
325,081
$
159,126
27,885
Foreign
24,288
11,948
2,595
Income before income taxes
349,369
$
171,074
30,480
Year Ended December 31,
2014
2013
2012
(in thousands)
Current tax provision:
Federal
86,623
$
58,558
34,387
State
9,866
15,154
7,850
Foreign
16,144
7,003
1,162
Total current
112,633
80,715
43,399
Deferred tax provision:
Federal
(10,994
)
(18,930
)
(26,903
)
State
(17,794
)
(2,751
)
(3,168
)
Foreign
(1,275
)
(363
)
—
Total deferred
(30,063
)
(22,044
)
(30,071
)
Provision for income taxes
82,570
$
58,671
13,328