SEC Filings

10-Q
LINCOLN ELECTRIC HOLDINGS INC filed this Form 10-Q on 10/30/2017
Entire Document
 

LINCOLN ELECTRIC HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(UNAUDITED)
(In thousands)
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Net income including non-controlling interests
$
106,111

 
$
60,039

 
$
223,290

 
$
144,972

Other comprehensive income (loss), net of tax:
 
 
 

 
 

 
 

Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax of $239 and $(95) in the three and nine months ended September 30, 2017; $50 and $54 in the three and nine months ended September 30, 2016
(684
)
 
(175
)
 
563

 
16

Defined benefit pension plan activity, net of tax of $2,170 and $2,532 in the three and nine months ended September 30, 2017; $778 and $2,821 in the three and nine months ended September 30, 2016
3,958

 
1,313

 
5,384

 
5,548

Currency translation adjustment
18,931

 
(3,030
)
 
72,820

 
2,222

Other comprehensive income (loss):
22,205

 
(1,892
)
 
78,767

 
7,786

Comprehensive income
128,316

 
58,147

 
302,057

 
152,758

Comprehensive income (loss) attributable to non-controlling interests
16

 
(16
)
 
47

 
(73
)
Comprehensive income attributable to shareholders
$
128,300

 
$
58,163

 
$
302,010

 
$
152,831

 
See notes to these consolidated financial statements.

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