Papa Johns 2014 Annual Report Download - page 68

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55
Papa John's International, Inc. and Subsidiaries
Consolidated Statements of Comprehensive Income
(In thousands)
December 28, December 29, December 30,
2014 2013 2012
Net income before attribution to noncontrolling interests 77,697$ 72,979$ 66,002$
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments (2,584) 1,065 1,128
Interest rate swaps (1) (261) (51) (114)
Defined benefit pension plan - - 45
Other comprehensive income (loss), before tax (2,845) 1,014 1,059
Income tax effect:
Foreign currency translation adjustments 956 (394) (1,110)
Interest rate swaps (2) 97 19 42
Defined benefit pension plan - - (16)
Income tax effect 1,053 (375) (1,084)
Other comprehensive income (loss), net of tax (1,792) 639 (25)
Comprehensive income before attribution to noncontrolling interests 75,905 73,618 65,977
Comprehensive income, redeemable noncontrolling interests (3,687) (3,466) (4,342)
Comprehensive income, nonredeemable noncontrolling interests (695) 24 -
Comprehensive income attributable to the Company 71,523$ 70,176$ 61,635$
(1) Amounts reclassified out of accumulated other comprehensive income (“AOCI”) into interest expense included $996,
$501 and $150 for the years ended December 28, 2014, December 29, 2013 and December 30, 2012, respectively.
(2) The income tax effects of amounts reclassified out of AOCI into interest expense were $369, $185 and $55 for the
years ended December 28, 2014, December 29, 2013 and December 30, 2012, respectively.
See accompanying notes.
Years Ended