Panera Bread 2015 Annual Report Download - page 55

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45
PANERA BREAD COMPANY
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in thousands)
For the fiscal year ended
December 29,
2015
December 30,
2014
December 31,
2013
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 149,325 $ 179,293 $ 196,169
Less: Net loss attributable to noncontrolling interest. . . . . . . . . . . . . . . . . (17)— —
Net income attributable to Panera Bread Company . . . . . . . . . . . . . . . . . . $ 149,342 $ 179,293 $ 196,169
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on cash flow hedging instruments . . . . . . . . (2,552)— —
Tax (expense) benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,009 — —
Foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . (2,126)(1,027)(1,005)
Other comprehensive income (loss) attributable to Panera Bread
Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3,669)(1,027)(1,005)
Comprehensive income attributable to Panera Bread Company . . . . . . . . $ 145,673 $ 178,266 $ 195,164
The accompanying notes are an integral part of the consolidated financial statements.