SCHN 2017 Annual Report

55 / Schnitzer Steel Industries, Inc. Form 10-K 2017 SCHNITZER STEEL INDUSTRIES, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in thousands) Year Ended August 31, 2017 2016 2015 Net income (loss) $ 46,978 $ (17,588) $ (195,076) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments 2,711 (530) (23,346) Cash flow hedges, net — 240 (298) Pension obligations, net 2,111 (1,303) (2,237) Total other comprehensive income (loss), net of tax 4,822 (1,593) (25,881) Comprehensive income (loss) 51,800 (19,181) (220,957) Less comprehensive income attributable to noncontrolling interests (2,467) (1,821) (1,933) Comprehensive income (loss) attributable to SSI $ 49,333 $ (21,002) $ (222,890) See Notes to the Consolidated Financial Statements.