MoneyGram 2006 Annual Report Download - page 64

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Table of Contents
MONEYGRAM INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED DECEMBER 31, 2006 2005 2004
(Amounts in thousands)
NET INCOME $124,054 $112,946 $ 86,412
OTHER COMPREHENSIVE (LOSS) INCOME
Net unrealized losses on available-for-sale securities:
Net holding losses arising during the period, net of tax (benefit) of ($9,453), ($38,710) and ($66) (15,423) (63,159) (110)
Reclassification adjustment for net realized gains (losses) included in net income, net of tax
expense (benefit) of $1,068, $1,409 and ($3,603) 1,742 2,299 (6,005)
(13,681) (60,860) (6,115)
Net unrealized (losses) gains on derivative financial instruments:
Net holding gains (losses) arising during the period, net of tax expense (benefit) of $4,788,
$47,488 and $84,541 7,812 77,481 140,902
Reclassifications from other comprehensive income to net income, net of tax (benefit) expense of
($6,201), ($15,815) and ($43,475) (10,118) (25,803) (72,457)
(2,306) 51,678 68,445
Unrealized foreign currency translation gains (losses), net of tax expense (benefit) of $2,326,
($2,530) and $1,085 3,794 (4,127) 1,807
Minimum pension liability adjustment, net of tax expense (benefit) of $2,021, ($342) and ($1,943) 3,297 (557) (3,238)
Other comprehensive (loss) income (8,896) (13,866) 60,899
COMPREHENSIVE INCOME $115,158 $ 99,080 $147,311
See Notes to Consolidated Financial Statements
F-7