Logitech 2012 Annual Report Download - page 227

The accompanying notes are an integral part of these consolidated financial statements.
LOGITECH INTERNATIONAL S.A.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In thousands)
Year ended March 31,
2012 2011 2010
Net income..................................................... $ 71,458 $128,460 $64,957
Other comprehensive income:
Foreign currency translation..................................... (8,213)5,005 2,753
Defined benefit pension plan adjustments during the period:
Net gain (loss)............................................. (11,808) (5,609) 4,143
Deferred tax benefit (expense) ................................ 170 (241) (122)
Foreign currency exchange rate changes ........................ 89 (1,980) (1,112)
Less amortization included in net income:
Transition obligation for the period ............................ — 5 4
Prior service cost for the period ............................... (15) 146 120
Net loss for the period ...................................... 275 396 1,276
Settlement loss for the period ................................. — 23 —
Pension liability adjustments, net of tax............................ (11,289) (7,260) 4,309
Deferred hedging gain (loss) .................................... 3,337 (10,444) 6,793
Less reclassification adjustment for gain (loss) included in net income ... (421) 6,078 (5,615)
Net deferred hedging gain (loss) ................................. 2,916 (4,366) 1,178
Unrealized gain (loss) for the period .............................. (342) 744 —
Less reclassification adjustment for gain included in net income ........ (483) — —
Unrealized gain (loss) on investments ............................. (825) 744 —
Net change in accumulated other comprehensive gain (loss) .............. (17,411) (5,877) 8,240
Total comprehensive income ....................................... $ 54,047 $122,583 $73,197
ANNUAL REPORT
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