Tecumseh Products 2012 Annual Report Download - page 41

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40
TECUMSEH PRODUCTS COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(in millions)
Class A
$1 Par
Value
Class B
$1 Par
Value
Paid in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income/(Loss)
Total
Stockholders’
Equity
Balance, January 1, 2010................................. $ 13.4 $ 5.1 $ 11.0 $ 411.0 $ 22.9 $ 463.4
Net loss ............................................................ (56.8)(56.8)
Loss on derivatives, net of tax......................... (0.2)(0.2)
Translation adjustments, net of tax.................. 8.0 8.0
Pension and postretirement benefits, net of
tax .................................................................... 20.5 20.5
Total Comprehensive Loss....................... (28.5)
Balance, December 31, 2010........................... $ 13.4 $ 5.1 $ 11.0 $ 354.2 $ 51.2 $ 434.9
Net loss ............................................................ (73.2)(73.2)
Loss on derivatives, net of tax......................... (26.1)(26.1)
Translation adjustments, net of tax.................. (26.9)(26.9)
Pension and postretirement benefits, net of
tax .................................................................... (22.8)(22.8)
Total Comprehensive Loss....................... (149.0)
Balance, December 31, 2011........................... $ 13.4 $ 5.1 $ 11.0 $ 281.0 $ (24.6) $ 285.9
Net income....................................................... 22.6 22.6
Gain on derivatives, net of tax......................... 12.0 12.0
Translation adjustments, net of tax.................. (12.6)(12.6)
Pension and postretirement benefits, net of
tax .................................................................... (49.5)(49.5)
Total Comprehensive Loss....................... (27.5)
Balance, December 31, 2012........................... $ 13.4 $ 5.1 $ 11.0 $ 303.6 $ (74.7) $ 258.4
The accompanying notes are an integral part of these Consolidated Financial Statements.