What was the accumulated other comprehensive loss for The Standardx?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance at January 1, 2025 | Other comprehensive income (loss) before reclassification | Amounts reclassified from accumulated other comprehensive loss | Balance at March 31, 2025 | |
|---|---|---|---|---|
| Foreign currency translation adjustments | $ (251) | $ 48 | $ — | $ (203) |
| AFS debt securities unrealized fair value adjustments | 2 | (4) | — | (2) |
| Derivative instrument adjustments (1) | (20) | — | 1 | (19) |
| Accumulated other comprehensive loss | $ (269) | $ 44 | $ 1 | $ (224) |
(1) Amounts reclassified from accumulated other comprehensive loss included realized losses recognized in interest expense on our condensed consolidated statements of income related to the settlement of interest rate locks. We expect to reclassify $5 million of losses, net of insignificant tax impacts, over the next 12 months.
| Balance at January 1, 2024 | Other comprehensive income (loss) before reclassification | Amounts reclassified from accumulated other comprehensive loss | Balance at March 31, 2024 | |
|---|---|---|---|---|
| Foreign currency translation adjustments (1) | $ (156) | $ (21) | $ 3 | $ (174) |
| AFS debt securities unrealized fair value adjustments | 4 | (3) | — | 1 |
| Pension liabilities adjustments (2) | — | — | (1) | (1) |
| Derivative instrument adjustments (3) | (23) | (1) | 1 | (23) |
| Accumulated other comprehensive loss | $ (175) | $ (25) | $ 3 | $ (197) |
Source: Item 1 — Financial Statements. (FDD pages 156–187)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the accumulated other comprehensive loss is detailed in the financial statements. As of January 1, 2025, The Standardx had an accumulated other comprehensive loss of $(269). During the period leading up to March 31, 2025, there was other comprehensive income of $44, and amounts reclassified from accumulated other comprehensive loss totaled $1. This resulted in an accumulated other comprehensive loss of $(224) as of March 31, 2025.
In comparison, the accumulated other comprehensive loss as of January 1, 2024, was $(175). During the period leading up to March 31, 2024, there was other comprehensive loss of $(25), and amounts reclassified from accumulated other comprehensive loss totaled $3. This resulted in an accumulated other comprehensive loss of $(197) as of March 31, 2024.
These figures reflect adjustments from various financial activities, including foreign currency translation, unrealized fair value adjustments of debt securities, and derivative instrument adjustments. For a prospective franchisee, these numbers are indicators of The Standardx's overall financial health and how it manages various financial instruments and foreign currency exposures. Understanding these figures requires a degree of financial literacy, and prospective franchisees may want to consult with a financial advisor to fully grasp the implications.