Yahoo 2014 Annual Report Download - page 91

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Yahoo! Inc.
Consolidated Statements of Comprehensive Income
Years Ended December 31,
2012 2013 2014
(in thousands)
Comprehensive income
Net income
$3,950,602 $1,376,566 $ 7,532,142
Available-for-sale securities:
Unrealized gains (losses) on available-for-sale
securities, net of taxes of ($86), ($1,724), and
($15,170,607) for 2012, 2013, and 2014, respectively
7,571 6,776 22,072,073
Reclassification adjustment for realized (gains) losses
on available–for-sale securities included in net income,
net of taxes of ($5,197), $479, and $1,339 for 2012,
2013, and 2014, respectively
9,088 (796) (2,218)
Net change in unrealized gains (losses) on available-
for-sale securities, net of tax
16,659 5,980 22,069,855
Foreign currency translation adjustments (“CTA”):
Foreign CTA gains (losses), net of taxes of ($2,210),
($19,754), and $1,734 for 2012, 2013, and 2014,
respectively
(9,334) (577,711) (363,013)
Net investment hedge CTA gains (losses), net of taxes
of $0, ($192,369) and ($79,037) for 2012, 2013, and
2014
3,241 317,459 130,904
Reclassification adjustment for realized (gains) losses
included in CTA, net of taxes of $68,130, $0, and
$30,325 for 2012, 2013, and 2014 respectively
(137,186) — (50,301)
Net foreign CTA gains (losses), net of tax
(143,279) (260,252) (282,410)
Cash flow hedges:
Unrealized gains (losses) on cash flow hedges, net of
taxes of $0, ($1,199), and ($3,044) for 2012, 2013, and
2014
— 3,492 5,704
Reclassification adjustment for realized (gains) losses
on cash flow hedges included in net income, net of
taxes of $0, $575, and $2,771 for 2012, 2013, and 2014
— (2,080) (5,259)
Net change in unrealized gains (losses) on cash flow
hedges, net of tax
— 1,412 445
Other comprehensive income (loss)
(126,620) (252,860) 21,787,890
Comprehensive income
3,823,982 1,123,706 29,320,032
Less: Comprehensive income attributable to
noncontrolling interests
(5,123) (10,285) (10,411)
Comprehensive income attributable to Yahoo! Inc.
$3,818,859 $1,113,421 $29,309,621
The accompanying notes are an integral part of these consolidated financial statements.
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