Comprehensive Income (Loss)
9 Months Ended
May 31, 2011
Comprehensive Income (Loss)  
Comprehensive Income (Loss)

7.      Comprehensive Income (Loss)

 

The components of comprehensive income (loss), net of income tax, are as follows:

 

 

Three months ended

 

Nine months ended

 

May 31,

 

May 31,

 

2011

2010

 

2011

2010

Net income (loss) - attributable to Sonic Corp.

$  (4,651)

$    10,966

 

$ 6,939

$  16,554

Net income - noncontrolling interests(1)

297

1,139

 

673

4,289

Change in deferred hedging loss, net of tax(2)

626

265

 

843

543

Total comprehensive income (loss)

$  (3,728)

$    12,370

 

$ 8,455

$  21,386

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(1)    See Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations for an explanation of the decline in net income – noncontrolling interests.

(2)    Change in deferred hedging loss is recorded net of tax of $0.4 million for the three months ending May 31, 2011 and $0.2 million for the same period in fiscal year 2010. For the nine months ending May 31, 2011 and 2010, the change is recorded net of tax of $0.5 million and $0.3 million, respectively.