Airtran 2010 Annual Report Download - page 105

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Excluded from the diluted earnings per share calculation for 2008 are the impacts on the weighted average shares
outstanding of the following which would have been anti-dilutive in 2008 totaling 37.6 million shares: 11.2 million shares
related to our 7.0% convertible notes that would have been issuable upon conversion, 18.1 million shares related to our
5.5% convertible senior notes that would have been issuable upon conversion, 2.1 million shares related to our
outstanding stock options, 1.5 million shares related to our unvested restricted stock, and 4.7 million common shares
related to warrants that were issued on October 31, 2008. The 5.25% convertible notes were issued in the fourth quarter of
2009.
Note 10 – Accumulated Other Comprehensive Income (Loss)
Other comprehensive income (loss) is composed of changes in the fair value of certain of our derivative financial
instruments and the funded status of our postemployment obligations. The components of Accumulated other
comprehensive income (loss) are as follows (in thousands):
Unrealized
gain (loss) on derivative
financial instruments Postemployment
obligations
Accumulated other
comprehensive
income (loss)
Balance at January 1, 2008 $ 1,117 $ 233 $ 1,350
Changes in fair value, net of income taxes (11,877) • (11,877)
Reclassification to earnings, net of income
taxes (14,809) 15 (14,794)
Change in actuarial gains and losses, net of
income taxes • (439 ) (439)
Balance at December 31, 2008 (25,569) (191) (25,760)
Changes in fair value, net of income taxes 12,023 • 12,023
Reclassification to earnings, net of income
taxes 9,047 76 9,123
Change in actuarial gains and losses, net of
income taxes • 3,084 3,084
Balance at December 31, 2009 (4,499) 2,969 (1,530)
Changes in fair value, net of income taxes (10,766
) • (10,766)
Reclassification to earnings, net of income
taxes 735 (61) 674
Change in actuarial gains and losses, net of
income taxes • 1,657 1,657
Balance at December 31, 2010 $ (14,530) $ 4,565 $ (9,965)
97