|
(3) The components of comprehensive income, net of related tax, are as follows:
|
|
|
Three Months Ended
September 30, |
|
Nine Months Ended
September 30, |
|
|
(in thousands) |
|
2011 |
|
2010 |
|
2011 |
|
2010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net earnings (loss) |
|
$ |
161,589 |
|
$ |
(30,088 |
) |
$ |
514,261 |
|
$ |
302,001 |
|
|
Unrealized gain (loss) on debt securities(1) |
|
(627 |
) |
525 |
|
(416 |
) |
689 |
|
|
Unrealized gain (loss) on derivative contracts(2) |
|
(13,522 |
) |
(63 |
) |
(11,827 |
) |
(725 |
) |
|
Foreign currency translation adjustment(3) |
|
(77,999 |
) |
60,988 |
|
(43,001 |
) |
18,614 |
|
|
Ownership share of equity method investee’s other comprehensive gain (loss)(4) |
|
(5,774 |
) |
(4,408 |
) |
(5,071 |
) |
(7,161 |
) |
|
Pension plan adjustment(5) |
|
26,022 |
|
(2,837 |
) |
37,661 |
|
16,309 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income |
|
89,689 |
|
24,117 |
|
491,607 |
|
329,727 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income attributable to noncontrolling interests |
|
(26,227 |
) |
(23,548 |
) |
(73,689 |
) |
(61,627 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income attributable to Fluor Corporation |
|
$ |
63,462 |
|
$ |
569 |
|
$ |
417,918 |
|
$ |
268,100 |
|
(1) Net of deferred tax benefit of $0.4 million and $0.2 million during the three and nine months ended September 30, 2011, respectively, and deferred tax expense of $0.3 million and $0.4 million during the three and nine months ended September 30, 2010, respectively.
(2) Net of deferred tax benefit of $7.6 million and $6.9 million during the three and nine months ended September 30, 2011, respectively, and deferred tax expense of $0.2 million and deferred tax benefit of $0.2 million during the three and nine months ended September 30, 2010, respectively.
(3) Net of deferred tax benefit of $46.8 million and $25.8 million during the three and nine months ended September 30, 2011, respectively, and deferred tax expense of $36.6 million and $11.1 million during the three and nine months ended September 30, 2010, respectively.
(4) Net of deferred tax benefit of $3.4 million and $2.2 million during the three and nine months ended September 30, 2011, respectively, and deferred tax benefit of $2.8 million and $4.4 million during the three and nine months ended September 30, 2010, respectively.
(5) Net of deferred tax expense of $15.6 million and $22.6 million during the three and nine months ended September 30, 2011, respectively, and deferred tax benefit of $1.7 million and deferred tax expense $9.8 million during the three and nine months ended September 30, 2010, respectively.
|