Hasbro 2015 Annual Report Download - page 80

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HASBRO, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements — (Continued)
(Thousands of Dollars and Shares Except Per Share Data)
(2) Other Comprehensive Earnings (Loss)
Components of other comprehensive earnings (loss) are presented within the consolidated statements of
comprehensive earnings. The following table presents the related tax effects on changes in other comprehensive
earnings (loss) for the three years ended December 27, 2015.
2015 2014 2013
Other comprehensive earnings (loss), tax effect:
Tax benefit (expense) on cash flow hedging activities ............ $(11,190) 8,259 (511)
Tax benefit (expense) on unrealized holding gains ............... 364 (1,077) —
Tax benefit (expense) on unrecognized pension and postretirement
amounts .............................................. (928) 23,869 (25,193)
Reclassifications to earnings, tax effect:
Tax (benefit) expense on cash flow hedging activities .......... 5,435 (2,488) 946
Tax (benefit) expense on unrecognized pension and
postretirement amounts reclassified to the consolidated
statements of operations ............................... (1,861) (1,327) (4,275)
Total tax effect on other comprehensive earnings (loss) ........... $ (8,180) 27,236 (29,033)
In 2015, 2014 and 2013, net gains on cash flow hedging activities reclassified to earnings, net of tax,
included gains of $1,111, $58 and $168, respectively, as a result of hedge ineffectiveness.
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