American Home Shield 2009 Annual Report Download - page 119

Table of Contents
Notes to the Consolidated Financial Statements (Continued)
Note 17. Comprehensive Income (Continued)
Net of tax effect of $(1.3) million in 2009, ($5.3) million in 2008, ($0.1) million from July 25, 2007 to December 31, 2007 and
$7.3 million from January 1, 2007 to July 24, 2007.
Net of tax effect of $13.8 million in 2009, $26.9 million in 2008, $7.1 million from July 25, 2007 to December 31, 2007 and ($1.3)
million from January 1, 2007 to July 24, 2007.
Net of tax effect of $(28.6) million in 2009, ($2.0) million in 2008, ($0.1) million from July 25, 2007 to December 31, 2007 and ($0.6)
million from January 1, 2007 to July 24, 2007.
(2)
(3)
(4)
Accumulated comprehensive (loss) income included the following components as of December 31:
Successor
(In thousands) 2009 2008
Net unrealized gains (losses) on securities, net of tax $ 3,442 $ (1,156)
Net unrealized losses on derivative instruments, net of tax (30,216) (52,960)
Foreign currency translation 3,000 (2,038)
Total $ (23,774) $ (56,154)
Note 18. Supplemental Cash Flow Information
In the Consolidated Statements of Cash Flows, the caption "Cash and cash equivalents" includes investments in short-term, highly-liquid securities
having a maturity of three months or less when purchased. Supplemental information relating to the Consolidated Statements of Cash Flows for the years
ended December 31, 2009 and 2008, the Successor period from July 25, 2007 to December 31, 2007 and the Predecessor period from January 1, 2007 to
July 24, 2007 is presented in the following table:
Successor Predecessor
Year Ended Dec. 31,
Jul. 25, 2007 to
Dec. 31, 2007
Jan. 1, 2007 to
Jul. 24, 2007
(In thousands) 2009 2008
Cash paid for or (received from):
Interest expense $ 301,571 $ 269,580 $ 140,653 $ 27,387
Interest and dividend income (6,623) (13,094) (8,698) (7,810)
Income taxes, net of refunds 824 10,413 8,083 17,363
Note 19. Capital Stock
Effective July 24, 2007 upon completion of the Merger, the Certificate of Incorporation of the Company was amended to provide for the authorization of
1,000 shares of common stock to replace the previously authorized, issued and outstanding common stock. As a result of the Merger, CDRSVM Holding, Inc.
holds 1,000 shares of the Company's common stock, which represents all of the authorized and issued common stock.
110