The following table shows the changes in the components of our accumulated other comprehensive income (loss), net of tax, for the three-month period ended June 30, 2025:


			Net benefit		Foreign
	Net unrealized		plan assets		currency
	gain (loss)		and		translation
	on investments		obligations		adjustment		Total
Balance as of March 31, 2025	(51,702)		17,088		$	1,372	$	(33,242)
Change in accumulated other comprehensive income (loss) before reclassifications	6,174		(572)		1,134		6,736
Reclassification adjustments from accumulated other comprehensive income (loss)	791		—		—		791
Balance as of June 30, 2025	$	(44,737)	$	16,516	$	2,506	$	(25,715)

The following table shows the changes in the components of our accumulated other comprehensive income (loss), net of tax, for the six-month period ended June 30, 2025:


			Liability for		Foreign
	Net unrealized		underfunded		currency
	gain (loss)		employee		translation
	on investments		benefit costs(1)		adjustment		Total
Balance as of January 1, 2025	(72,241)		17,660		(200)		$	(54,781)
Change in accumulated other comprehensive income (loss) before reclassifications	26,117		(1,144)		2,706		27,679
Reclassification adjustments from accumulated other comprehensive income (loss)	1,387		—		—		1,387
Balance as of June 30, 2025	$	(44,737)	$	16,516	$	2,506	$	(25,715)

Income tax effects are released from accumulated other comprehensive income (loss) for unrealized gains or losses when the gains or losses are realized.