Health Net 2015 Annual Report Download - page 225

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F-64
SUPPLEMENTAL SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(PARENT COMPANY ONLY)
HEALTH NET, INC.
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
(Amounts in thousands)
Year Ended December 31,
2015 2014 2013
Net income ..................................................................................... $ 185,677 $ 145,629 $ 170,126
Other comprehensive (loss) income before tax:
Unrealized (losses) gains on investments available-for-sale:
Unrealized holding (losses) gains arising during the
period ............................................................................... (10,480) 59,073 (78,217)
Less: Reclassification adjustments for gains included in
earnings............................................................................ (192)(2,710)(23,975)
Unrealized (losses) gains on investments available-for-sale,
net............................................................................................ (10,672) 56,363 (102,192)
Defined benefit pension plans:
Prior service cost arising during the period......................... — 607
Net gain (loss) arising during the period............................. 6,416 (11,893) 7,294
Less: Amortization of prior service cost and net loss
included in net periodic pension cost............................... 2,560 600 2,572
Defined benefit pension plans, net............................................. 8,976 (11,293) 10,473
Other comprehensive (loss) income, before tax............................. (1,696) 45,070 (91,719)
Income tax (benefit) expense related to components of other
comprehensive income ............................................................... (306) 15,464 (31,868)
Other comprehensive (loss) income, net of tax.............................. (1,390) 29,606 (59,851)
Comprehensive income.................................................................. $ 184,287 $ 175,235 $ 110,275
See accompanying notes to condensed financial statements.