Nucor 2015 Annual Report Download - page 52

Download and view the complete annual report

Please find page 52 of the 2015 Nucor annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 98

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98

50 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in thousands)
Year Ended December 31, 2015 2014 2013
NET EARNINGS $496,084 $815,790 $585,529
OTHER COMPREHENSIVE (LOSS) INCOME:
Net unrealized loss on hedging derivatives,
net of income taxes of ($5,600), ($4,900) and $0
for 2015, 2014 and 2013, respectively (9,498) (8,542)
Reclassification adjustment for loss on settlement
of hedging derivatives included in net earnings,
net of income taxes of $3,500, $200 and $0
for 2015, 2014 and 2013, respectively 5,798 542
Foreign currency translation loss,
net of income taxes of $0, $400 and ($600)
for 2015, 2014 and 2013, respectively (205,397) (141,530) (53,619)
Adjustment to early retiree medical plan,
net of income taxes of $127, ($1,921) and $2,547
for 2015, 2014 and 2013, respectively 1,485 (4,228) 5,938
Reclassification adjustment for gain on early
retiree medical plan included in net earnings,
net of income taxes of ($414), ($557) and $0
for 2015, 2014 and 2013, respectively (742) (1,030)
Other, net of income taxes of $1,500, $0 and $0
for 2015, 2014 and 2013, respectively 2,700 — —
(205,654) (154,788) (47,681)
COMPREHENSIVE INCOME 290,430 661,002 537,848
COMPREHENSIVE INCOME ATTRIBUTABLE TO
NONCONTROLLING INTERESTS (138,425) (101,844) (97, 5 0 4)
COMPREHENSIVE INCOME ATTRIBUTABLE TO
NUCOR STOCKHOLDERS $152,005 $559,158 $440,344
See notes to consolidated financial statements.