Sallie Mae 2014 Annual Report Download - page 90
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SLM CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In thousands)
Years Ended December 31,
2014
2013
2012
Net income ........................................................................
$
193,785
$
257,593
$
215,726
Other comprehensive income (loss):
Unrealized gains (losses) on investments:
Unrealized gain on investments .......................................
6,066
35,802
22,264
Reclassification adjustments for (gain) on sale of
available-for-sale securities included in other income ........
—
(63,813
)
(129
)
Total unrealized gains (losses) on investments...................
6,066
(28,011
)
22,135
Unrealized losses on cash flow hedges ................................
(19,772
)
—
—
Total unrealized gains (losses) ..............................................
(13,706
)
(28,011
)
22,135
Income tax benefit (expense) .............................................
5,337
10,639
(8,409
)
Other comprehensive income (loss), net of tax benefit
(expense) ...........................................................................
(8,369
)
(17,372
)
13,726
Comprehensive income .......................................................
185,416
240,221
229,452
Less: comprehensive loss attributable to noncontrolling
interest ..............................................................................
(434
)
(1,352
)
(1,894
)
Total comprehensive income attributable to SLM Corporation .
$
185,850
$
241,573
$
231,346
See accompanying notes to consolidated financial statements.
F-6