ABII » Topics » (8) Comprehensive (Loss ) Income

This excerpt taken from the ABII 10-Q filed May 8, 2009.

(8) Comprehensive (Loss ) Income

Elements of comprehensive (loss) income, net of income taxes, were as follows:

 

     Three Months Ended
March 31,
 
     2009     2008  
     (in thousands)  

Foreign currency translation adjustments

   $ (2,025 )   $ 2,425  

Unrealized gain (loss) on marketable equity securities

     2,094       (2,494 )
                

Other comprehensive income (loss)

     69       (69 )

Net (loss) income

     (23,301 )     4,309  
                

Comprehensive (loss) income

   $ (23,232 )   $ 4,240  
                

Comprehensive loss attributable to noncontrolling interest

   $ (380 )   $  
                

Comprehensive (loss) income attributable to common shareholders

   $ (22,852 )   $ 4,240  
                

At March 31, 2009 and 2008, we had cumulative foreign currency translation loss adjustments of $0.7 million and gain adjustments of $2.6 million, respectively. In addition, at March 31, 2009 and 2008, we had cumulative unrealized losses on marketable securities of $0.2 million and $1.9 million, respectively.

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