Nutrisystem 2014 Annual Report Download - page 45

Download and view the complete annual report

Please find page 45 of the 2014 Nutrisystem 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 76

  • 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

NUTRISYSTEM, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(In thousands)
Year Ended December 31,
2014 2013 2012
Net income (loss) .................................................... $19,311 $7,370 $(2,805)
OTHER COMPREHENSIVE INCOME (LOSS):
Foreign currency translation adjustment ............................... 0 0 78
Short term investments:
Unrealized (loss) gain on short term investments, net of income tax
(benefit) expense of $(2), $4 and $9, respectively ................. (4) 8 16
Reclassification adjustments, net of income tax expense (benefit) of
$0, $2 and $(11), respectively ................................. 0 4 (20)
Short term investments, net ................................ (4) 12 (4)
Interest rate swaps:
Unrealized loss on interest rate swaps, net of income tax benefit of
$37...................................................... 0 0 (73)
Reclassification adjustments, net of income tax benefit of $45 ......... 0 0 87
Interest rate swaps, net .................................... 0 0 14
Other comprehensive (loss) income, net of tax ............................. (4) 12 88
Comprehensive income (loss) ........................................... $19,307 $7,382 $(2,717)
The accompanying notes are an integral part of these consolidated financial statements.
41