Yahoo 2013 Annual Report Download - page 79

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Yahoo! Inc.
Consolidated Statements of Comprehensive Income
Years Ended December 31,
2011 2012 2013
(in thousands)
Comprehensive income
Net income ............................................ $1,062,669 $3,950,602 $1,376,566
Available-for-sale securities:
Unrealized (losses) gains on available-for-sale securities, net
of taxes of $8,518, $(86), and $(1,724) for 2011, 2012, and
2013, respectively ................................. (17,244) 7,571 6,776
Reclassification adjustment for realized losses (gains) on
available–for-sale securities included in net income, net of
taxes of $(648), $(5,197), and $479 for 2011, 2012, and
2013, respectively ................................. 972 9,088 (796)
Net change in unrealized gains (losses) on available-for-sale
securities, net of tax ................................ (16,272) 16,659 5,980
Foreign currency translation adjustments (“CTA”):
Foreign CTA gains (losses), net of taxes of $101, $(143), and
$496 for 2011, 2012, and 2013, respectively ............ 209,887 (9,334) (577,711)
Net investment hedge CTA gains (losses), net of taxes of $0
for both of 2011 and 2012 and $(193) million for 2013 .... — 3,241 317,459
Reclassification adjustment for CTA, net of taxes of $0, $68
million, and $0 for 2011, 2012, and 2013 respectively ..... — (137,186) —
Net foreign CTA gains (losses), net of tax ................ 209,887 (143,279) (260,252)
Cash flow hedges:
Unrealized gains (losses) on cash flow hedges, net of taxes of
$0 for both of 2011 and 2012, and $(1,199) for 2013 ...... — — 3,492
Reclassification adjustment for realized (gains) losses on cash
flow hedges, net of taxes of $0 for both of 2011 and 2012,
and $575 for 2013 ................................. — — (2,080)
Net change in unrealized gains (losses) on cash flow hedges,
netoftax ........................................ — — 1,412
Other comprehensive income (loss) ......................... 193,615 (126,620) (252,860)
Comprehensive income ................................... 1,256,284 3,823,982 1,123,706
Less: Comprehensive income attributable to noncontrolling
interests ......................................... (13,842) (5,123) (10,285)
Comprehensive income attributable to Yahoo! Inc. ............. $1,242,442 $3,818,859 $1,113,421
The accompanying notes are an integral part of these consolidated financial statements.
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