U-Haul 2011 Annual Report Download - page 61

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AMERCO AND CONSOLIDATED SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Fiscal Year Ended March 31, 2011 Pre-tax Tax Net
Comprehensive income (loss):
Net earnings $ 289,314 $ (105,739) $ 183,575
Other comprehensive income (loss):
Foreign currency translation 3,114 - 3,114
Unrealized gain on investments 7,468 (2,538) 4,930
Change in fair value of cash flow hedges 2,411 (916) 1,495
Postretirement benefit obligation gain 324 (123) 201
Total comprehensive income (loss) $ 302,631 $ (109,316) $ 193,315
(In thousands)
Fiscal Year Ended March 31, 2010 Pre-tax Tax Net
Comprehensive income (loss):
Net earnings $100,190 $ (34,567) $ 65,623
Other comprehensive income (loss):
Foreign currency translation 14,471 - 14,471
Unrealized gain on investments 20,546 (7,292) 13,254
Change in fair value of cash flow hedges 23,352 (8,874) 14,478
Postretirement benefit obligation loss (661) 251 (410)
Total comprehensive income (loss) $ 157,898 $ (50,482) $ 107,416
(In thousands)
Fiscal Year Ended March 31, 2009 Pre-tax Tax Net
Comprehensive income (loss):
Net earnings $ 22,578 $ (9,168) $ 13,410
Other comprehensive income (loss):
Foreign currency translation (16,030) - (16,030)
Unrealized loss on investments (13,712) 4,798 (8,914)
Change in fair value of cash flow hedges (28,763) 10,930 (17,833)
Postretirement benefit obligation gain 92 (36) 56
Total comprehensive income (loss) $ (35,835) $ 6,524 $ (29,311)
(In thousands)
The accompanying notes are an integral part of these consolidated financial statements.
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