(Reuters) - The Irvine, California-based company posted a net loss of $121.7 million, or $1.65 a share, compared with net earnings of $85.6 million, or $1.07 a share, a year earlier.
The latest quarter included a derivatives-related loss of $58.7 million compared with a gain of $51.4 million in the year-ago quarter, the company said.
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