MoneyGram 2008 Annual Report Download - page 93

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Table of Contents
MONEYGRAM INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME
FOR THE YEAR ENDED DECEMBER 31, 2008 2007 2006
(Amounts in thousands)
NET (LOSS) INCOME $(261,385) $(1,071,997) $124,054
OTHER COMPREHENSIVE LOSS
Net unrealized (losses) gains on available-for-sale securities:
Net holding gains (losses) arising during the period, net of tax expense (benefit) of $10,158,
($450,999) and ($9,453) 16,575 (735,838) (15,423)
Reclassification adjustment for net realized (gains) losses included in net income, net of tax
(expense) benefit of ($20,631), $452,107 and $1,068 (33,661) 737,649 1,742
(17,086) 1,811 (13,681)
Net unrealized gains (losses) on derivative financial instruments:
Net holding gains (losses) arising during the period, net of tax expense (benefit) of $1,329,
($14,299) and $4,788 2,168 (23,333) 7,812
Reclassification adjustment for net unrealized losses (gains) included in net income, net of tax
benefit (expense) of $11,006, ($4,510) and ($6,201) 17,957 (7,357) (10,118)
20,125 (30,690) (2,306)
Prior service costs for pension and postretirement benefit plans:
Reclassification of prior service costs for pension and postretirement benefit plans recorded to
net income, net of tax benefit of $38 and $72 62 117 —
Net actuarial loss for pension and postretirement benefit plans:
Reclassification of net actuarial loss for pension and postretirement benefit plans recorded to net
income, net of tax benefit of $1,679 and $1,668 2,740 2,649 —
Valuation adjustment for pension and postretirement benefit plans, net of tax (benefit) expense of
($17,409) and $9,152 (28,405) 14,372 —
Minimum pension liability adjustment, net of tax expense of $2,021 — — 3,297
Unrealized foreign currency translation gains (losses), net of tax expense (benefit) of $1,863,
($2,257) and $2,326 3,039 (3,682) 3,794
Other comprehensive loss (19,525) (15,423) (8,896)
COMPREHENSIVE (LOSS) INCOME $(280,910) $(1,087,420) $115,158
See Notes to Consolidated Financial Statements
F-7