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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net income (loss) $ 6,007 $ 426,836 $ (102,525) $ 459,397
Other comprehensive income (loss), net of tax        
Currency translation adjustments, net of tax [1] (15,959) 21,698 (9,305) (112,153)
Net reclassification of foreign currency translation adjustments into total other income (expense), net   (43,183)   (43,183)
Unrealized gains (losses) on available for sale securities, net of tax [2] 26 (275) 500 200
Other comprehensive income (loss), net of tax (15,933) (21,760) (8,805) (155,136)
Comprehensive income (loss) (9,926) 405,076 (111,330) 304,261
Less: Comprehensive income (loss) attributable to noncontrolling interests (29,376) (27,356) (19,718) (71,608)
Comprehensive income (loss) attributable to Expedia, Inc. $ 19,450 $ 432,432 $ (91,612) $ 375,869
[1] Currency translation adjustments include a tax expense of $5 million and tax benefit $5 million for the three and six months ended June 30, 2016 associated with net investment hedges and $7 million tax benefit for both the three and six months ended June 30, 2015.
[2] Net gains (losses) recognized and reclassified during the three and six months ended June 30, 2016 and 2015 were immaterial.