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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
May 31, 2016
May 31, 2015
May 31, 2016
May 31, 2015
Net earnings $ 59,532 $ 70,325 $ 224,461 $ 167,353
Other comprehensive income        
Translation adjustment 1,477 (1,299) (3,655) (10,990)
Reclassification of derivative financial instruments recognized in net earnings [1] 659 (254) 1,710 417
Unrealized gain (loss) on derivative financial instruments [2] 1,113 107 (6,417) (7)
Other (net of tax effect) 7 93 1 99
Other comprehensive income (loss) 3,256 (1,353) (8,361) (10,481)
Comprehensive income 62,788 68,972 216,100 156,872
Comprehensive income attributable to noncontrolling interest (24,195) (27,497) (74,761) (41,253)
Comprehensive income attributable to Greenbrier $ 38,593 $ 41,475 $ 141,339 $ 115,619
[1] Net of tax effect of $0.3 million and $0.04 million for the three months ended May 31, 2016 and 2015 and $0.7 million and $0.4 million for the nine months ended May 31, 2016 and 2015.
[2] Net of tax effect of $0.3 million and $0.1 million for the three months ended May 31, 2016 and 2015 and $2.2 million and $0.6 million for the nine months ended May 31, 2016 and 2015.