Papa Johns 2015 Annual Report Download - page 67

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54
Papa John's International, Inc. and Subsidiaries
Consolidated Statements of Comprehensive Income
(In thousands)
December 27, December 28, December 29,
2015 2014 2013
Net income before attribution to noncontrolling interests 81,964$ 77,697$ 72,979$
Other comprehensive income (loss), before tax:
Foreign currency translation adjustments (2,133) (2,584) 1,065
Interest rate swaps (1) (1,846) (261) (51)
Other comprehensive income (loss), before tax (3,979) (2,845) 1,014
Income tax effect:
Foreign currency translation adjustments 789 956 (394)
Interest rate swaps (2) 683 97 19
Income tax effect 1,472 1,053 (375)
Other comprehensive income (loss), net of tax (2,507) (1,792) 639
Comprehensive income before attribution to noncontrolling interests 79,457 75,905 73,618
Comprehensive loss, redeemable noncontrolling interests (3,873) (3,687) (3,466)
Comprehensive (loss) income, nonredeemable noncontrolling interests (2,409) (695) 24
Comprehensive income attributable to the Company 73,175$ 71,523$ 70,176$
(1) Amounts reclassified out of accumulated other comprehensive income (“AOCI”) into interest expense included $1,563,
$996 and $501 for the years ended December 27, 2015, December 28, 2014 and December 29, 2013, respectively.
(2) The income tax effects of amounts reclassified out of AOCI into interest expense were $578, $369 and $185 for the
years ended December 27, 2015, December 28, 2014 and December 29, 2013, respectively.
See accompanying notes.
Years Ended