Washington Post 2012 Annual Report Download - page 79

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THE WASHINGTON POST COMPANY
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Fiscal Year Ended
(in thousands) December 31,
2012 December 31,
2011 January 2,
2011
Net Income .................................................................... $132,187 $117,157 $278,020
Other Comprehensive Income (Loss), Before Tax
Foreign currency translation adjustments:
Translation adjustments arising during the period .................................. 5,622 (21,375) 10,994
Adjustment for sales of businesses with foreign operations ............................ (888) ——
4,734 (21,375) 10,994
Unrealized gains (losses) on available-for-sale securities:
Unrealized gains (losses) for the period ......................................... 33,098 (37,708) (12,974)
Reclassification adjustment for write-down on available-for-sale securities, net of gain, included
in net income .......................................................... 17,226 53,793 —
50,324 16,085 (12,974)
Pension and other postretirement plans:
Actuarial gain (loss) ....................................................... 82,470 (16,048) 126,987
Prior service credit ........................................................ ——6,336
Amortization of net actuarial loss (gain) included in net income ........................ 9,368 (510) (1,155)
Amortization of net prior service (credit) cost included in net income .................... (1,859) (3,925) 1,952
Amortization of transition asset ............................................... ——(29)
Curtailments and other adjustments ............................................ (745) —(4,953)
Foreign affiliate pension adjustments ........................................... —2,088 (2,667)
89,234 (18,395) 126,471
Cash flow hedge (loss) gain ................................................. (1,581) 14 —
Other Comprehensive Income (Loss), Before Tax ..................................... 142,711 (23,671) 124,491
Income tax (expense) benefit related to items of other comprehensive income (loss) .......... (55,186) 6,861 (46,864)
Other Comprehensive Income (Loss), Net of Tax ..................................... 87,525 (16,810) 77,627
Comprehensive Income ........................................................ 219,712 100,347 355,647
Comprehensive income attributable to noncontrolling interests ........................... (103) (126) (13)
Total Comprehensive Income Attributable to The Washington Post Company ............... $219,609 $100,221 $355,634
See accompanying Notes to Consolidated Financial Statements.
2012 FORM 10-K 67