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Comprehensive Income (Tables)
9 Months Ended
Jan. 01, 2012
Comprehensive Income.  
Schedule of components of comprehensive income, net of income taxes

 

 

 

 

Quarters Ended

 

Nine Months Ended

 

 

 

January 1,
2012

 

January 2,
 2011

 

January 1,
2012

 

January 2,
2011

 

Net income

 

$

49,759

 

$

70,276

 

$

201,561

 

$

242,439

 

Other comprehensive (loss) income:

 

 

 

 

 

 

 

 

 

Pension and other postretirement benefit liabilities, net of income taxes of $(8,724), $(7,539), $(26,173), and $(22,804), respectively

 

13,812

 

12,366

 

41,436

 

36,860

 

Change in fair value of derivatives, net of income taxes of $(3,875), $(6,210), $20,495, and $169, respectively

 

6,061

 

9,711

 

(32,056

)

(264

)

Change in fair value of available-for-sale securities, net of income taxes of $60, $(43), $34 and $83, respectively

 

(95

)

67

 

(54

)

(130

)

Total other comprehensive income

 

19,778

 

22,144

 

9,326

 

36,466

 

Comprehensive income

 

69,537

 

92,420

 

210,887

 

278,905

 

Comprehensive income attributable to noncontrolling interest

 

74

 

95

 

368

 

367

 

Comprehensive income attributable to Alliant Techsystems Inc.

 

$

69,463

 

$

92,325

 

$

210,519

 

$

278,538

Schedule of components of accumulated OCI, net of income taxes

 

 

 

 

January 1, 2012

 

March 31, 2011

 

Derivatives

 

$

(1,957

)

$

30,099

 

Pension and other postretirement benefit liabilities

 

(776,980

)

(818,416

)

Available-for-sale securities

 

1,186

 

1,240

 

Total accumulated other comprehensive loss

 

$

(777,751

)

$

(787,077

)

Schedule of pre-tax activity in OCI related to forward contracts

 

 

 

 

Quarters Ended

 

Nine Months Ended

 

 

 

January 1, 2012

 

January 2, 2011

 

January 1,
2012

 

January 2,
2011

 

Beginning of period unrealized (loss) gain in accumulated OCI

 

$

(13,080

)

$

50,797

 

$

49,408

 

$

65,582

 

Increase (Decrease) in fair value of derivatives

 

12,845

 

26,610

 

(30,413

)

28,630

 

Gains reclassified from OCI, offsetting the price paid to suppliers

 

(2,908

)

(12,747

)

(22,138

)

(29,552

)

End of period unrealized (loss) gain in accumulated OCI

 

$

(3,143

)

$

64,660

 

$

(3,143

)

$

64,660