| Comprehensive Income (Loss) |
Note 10: Comprehensive Income (Loss)
The components of comprehensive income (loss), on an after-tax basis where applicable, are as follows:
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Year Ended |
|
| |
|
June 26,
2011 |
|
|
June 27,
2010 |
|
|
June 28,
2009 |
|
| |
|
(in thousands) |
|
|
Net income (loss) |
|
$ |
723,748 |
|
|
$ |
346,669 |
|
|
$ |
(302,148 |
) |
|
Foreign currency translation adjustment |
|
|
80,695 |
|
|
|
(13,868 |
) |
|
|
(58,587 |
) |
|
Unrealized gain (loss) on fair value of derivative financial instruments, net |
|
|
6,994 |
|
|
|
(414 |
) |
|
|
(6,633 |
) |
|
Unrealized gain on financial instruments, net |
|
|
621 |
|
|
|
2,062 |
|
|
|
1,192 |
|
|
Reclassification adjustment for loss (gain) included in earnings |
|
|
(7,514 |
) |
|
|
(645 |
) |
|
|
501 |
|
|
Postretirement benefit plan adjustment |
|
|
(1,186 |
) |
|
|
(4,162 |
) |
|
|
85 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income (loss) |
|
$ |
803,358 |
|
|
$ |
329,642 |
|
|
$ |
(365,590 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
The balance of accumulated other comprehensive income (loss), on an after-tax basis where applicable, is as follows:
| |
|
|
|
|
|
|
|
|
| |
|
June 26,
2011 |
|
|
June 27,
2010 |
|
| |
|
(in thousands) |
|
|
Accumulated foreign currency translation adjustment |
|
$ |
14,852 |
|
|
$ |
(65,843 |
) |
|
Accumulated unrealized gain (loss) on derivative financial instruments |
|
|
581 |
|
|
|
(1 |
) |
|
Accumulated unrealized gain on financial instruments |
|
|
744 |
|
|
|
1,225 |
|
|
Postretirement benefit plan adjustment |
|
|
(6,416 |
) |
|
|
(5,230 |
) |
| |
|
|
|
|
|
|
|
|
|
Accumulated other comprehensive income (loss) |
|
$ |
9,761 |
|
|
$ |
(69,849 |
) |
| |
|
|
|
|
|
|
|
| |