Washington Post 2015 Annual Report Download - page 87

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GRAHAM HOLDINGS COMPANY
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Year Ended December 31
(in thousands) 2015 2014 2013
Net (Loss) Income ............................................ $ (99,220) $1,293,260 $ 237,345
Other Comprehensive (Loss) Income, Before Tax
Foreign currency translation adjustments:
Translation adjustments arising during the year .............. (18,898) (16,061) (1,059)
Adjustment for sales of businesses with foreign operations .... 5,501 (404) –
(13,397) (16,465) (1,059)
Unrealized gains on available-for-sale securities:
Unrealized gains for the year ............................ 10,620 62,719 95,629
Reclassification adjustment for realization of (gain) loss on
exchange, sale or write-down of available-for-sale securities
included in net income ............................... (4) (265,274) 9,554
10,616 (202,555) 105,183
Pension and other postretirement plans:
Actuarial (loss) gain ................................... (211,054) (149,482) 762,806
Prior service cost ..................................... –(1,600) –
Amortization of net actuarial (gain) loss included in net
income ........................................... (9,906) (29,412) 3,096
Amortization of net prior service cost (credit) included in net
income ........................................... 275 (407) (1,383)
Curtailments and settlements included in net income ......... 51 8 (124,051)
Curtailments and settlements included in distribution to Cable
ONE ............................................. 834 ––
(219,800) (180,893) 640,468
Cash flow hedge gain ...................................... 179 867 520
Other Comprehensive (Loss) Income, Before Tax ................. (222,402) (399,046) 745,112
Income tax benefit (expense) related to items of other comprehensive
(loss) income ........................................... 83,602 153,032 (298,472)
Other Comprehensive (Loss) Income, Net of Tax .................. (138,800) (246,014) 446,640
Comprehensive (Loss) Income ................................. (238,020) 1,047,246 683,985
Comprehensive (income) loss attributable to noncontrolling
interests ............................................... (1,435) 583 (503)
Total Comprehensive (Loss) Income Attributable to Graham
Holdings Company ......................................... $(239,455) $1,047,829 $ 683,482
See accompanying Notes to Consolidated Financial Statements.
2015 FORM 10-K 72