Mercury Insurance 2010 Annual Report Download - page 74

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MERCURY GENERAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(Amounts in thousands)
Year Ended December 31,
2010 2009 2008
Net income (loss) ............................................... $152,198 $403,072 $(242,119)
Other comprehensive loss, before tax:
Losses on hedging instrument .................................. (220) (918) (1,348)
Other comprehensive loss, before tax ........................ (220) (918) (1,348)
Income tax benefit related to losses on hedging instrument ............... (77) (321) (472)
Comprehensive income (loss), net of tax ............................. $152,055 $402,475 $(242,995)
See accompanying notes to consolidated financial statements.
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