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SEC Filings

10-K
TERRAFORM GLOBAL, INC. filed this Form 10-K on 12/21/2016
Entire Document
 

20. OTHER COMPREHENSIVE INCOME (LOSS)
Comprehensive income (loss) represents a measure of all changes in equity that result from recognized transactions and other economic events other than transactions with owners in their capacity as owners. Other comprehensive income (loss) includes foreign currency translations and gains (losses) on hedging instruments.
The following table presents the changes in each component of accumulated other comprehensive loss:
(In thousands)
 
Foreign Currency Translation Adjustments
 
Hedging Activities
 
Accumulated Other Comprehensive Loss
Balance, December 31, 2013
 
$
(8,213
)
 
$
2,762

 
$
(5,451
)
Other comprehensive loss
 
(8,167
)
 
(12,903
)
 
(21,070
)
Amounts reclassified from accumulated other comprehensive loss
 

 

 

Other comprehensive loss
 
(8,167
)
 
(12,903
)
 
(21,070
)
Less: other comprehensive loss attributable to non-controlling interests
 

 

 

Balance, December 31, 2014
 
$
(16,380
)
 
$
(10,141
)
 
$
(26,521
)
Other comprehensive income (loss) before reclassifications
 
(9,634
)
 
15,149

 
5,515

Amounts reclassified from accumulated other comprehensive income (loss)
 

 

 

Other comprehensive income (loss)
 
(9,634
)
 
15,149

 
5,515

Less: other comprehensive (loss) income attributable to non-controlling interests
 
(13,123
)
 
3,370

 
(9,753
)
Balance, December 31, 2015
 
$
(12,891
)
 
$
1,638

 
$
(11,253
)
The following table presents the changes in each component of accumulated other comprehensive loss and the related tax effects for the year ended December 31, 2015:
(In thousands)
 
Before Tax
 
Tax Effect
 
Net of Tax
Foreign currency translation adjustments:
 
 
 
 
 
 
Other comprehensive loss arising during the period
 
$
(9,634
)
 
$
271

 
$
(9,363
)
Hedging activities:
 
 
 
 
 
 
Other comprehensive gain arising during the period
 
15,149

 
(1,402
)
 
13,747

Other comprehensive income (loss)
 
$
5,515

 
$
(1,131
)
 
$
4,384

Less: other comprehensive loss attributable to non-controlling interests
 
 
 
 
 
 
Foreign currency translation adjustments
 
(13,123
)
 
133

 
(12,990
)
Unrealized gain on hedging instruments
 
3,370

 
(944
)
 
2,426

Other comprehensive income (loss)
 
$
(9,753
)
 
$
(811
)
 
$
(10,564
)
Less: predecessor other comprehensive income prior to initial public offering on August 5, 2015
 
 
 
 
 
(4,100
)
Other comprehensive income attributable to TerraForm Global, Inc. Class A stockholders
 
 
 
 
 
$
19,048




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