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Comprehensive Income
6 Months Ended
Jun. 30, 2011
Comprehensive Income

5. Comprehensive Income

The following table sets forth the components of comprehensive income:

 

     Three months
ended June 30,
   

Six months ended

June 30,

 
  

 

 

   

 

 

 
     2011        2010       2011        2010  
  

 

 

    

 

 

   

 

 

    

 

 

 

Net income

   $ 29,944       $ 18,734      $ 60,108       $ 37,726   

Foreign currency translation adjustment

     845         (3,051     4,441         (1,763
  

 

 

    

 

 

   

 

 

    

 

 

 

Comprehensive income

   $ 30,789       $ 15,683      $ 64,549       $ 35,963   
  

 

 

    

 

 

   

 

 

    

 

 

 

The foreign currency translation adjustment for the three months ended June 30, 2011 and 2010 is net of deferred income tax expense of $591 and none, respectively. For the six months ended June 30, 2011 and 2010, the foreign currency translation adjustment is net of deferred income tax expense of $810 and none, respectively.