Harley Davidson 2012 Annual Report Download - page 55

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55
HARLEY-DAVIDSON, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Years ended December 31, 2012, 2011 and 2010
(In thousands)
2012 2011 2010
Net income $ 623,925 $ 599,114 $ 146,545
Other comprehensive income, net of tax
Foreign currency translation adjustment 1,400 (5,616) 9,449
Derivative financial instruments:
Unrealized net gains (losses) arising during the period (513)(966)(7,852)
Net losses (gains) reclassified into net income (9,631) 19,185 4,880
Total derivative financial instruments (10,144) 18,219 (2,972)
Marketable securities:
Unrealized gains (losses) on marketable securities 350 460 (133)
Net (gains) losses reclassified into net income — — —
Total marketable securities 350 460 (133)
Pension and postretirement benefit plans:
Amortization of net prior service (credit) cost (563)(564) 925
Amortization of actuarial loss 32,295 23,584 20,944
Pension and postretirement healthcare funded status adjustment (158,213)(146,768) 18,431
Actuarial loss reclassified into net income due to settlement 3,930 173 2,942
Prior service credit (cost) reclassified into net income due
to net curtailment loss — 1 (1,393)
Total pension and postretirement benefit plans $ (122,551) $ (123,574) $ 41,849
Total other comprehensive (loss) income, net of tax $ (130,945) $ (110,511) $ 48,193
Comprehensive income $ 492,980 $ 488,603 $ 194,738
The accompanying notes are an integral part of the consolidated financial statements.