OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2011

OTHER COMPREHENSIVE INCOME (LOSS)

OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 8: OTHER COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) consists of net earnings, plus other comprehensive income which includes pension liability adjustments, foreign currency translation adjustments, and unrealized gain (loss) on derivatives.  Comprehensive income was approximately $16.4 million and $2.8 million for the three months ended June 30, 2011 and June 30, 2010, respectively.  For the six months ended June 30, 2011 and June 30, 2010, comprehensive income totaled $31.7 million and $4.2 million, respectively.  The following presents the components of “Accumulated other comprehensive income (loss)” for the period indicated, net of tax (in thousands).

Six months ended:	Beginning			Before-Tax		Tax Benefit			Net-of-Tax		Ending
June 30, 2011	Balance			Amount		(Expense)			Amount		Balance
Pension Adjustment	$	(22,161	)	$	—	$	—		$	—	$	(22,161	)
Foreign currency translation adjustment	21,622			6,873		—			6,873		28,495
Unrealized gain (loss) on derivatives	(2,622		)	4,196		(1,574		)	2,622		—
Accumulated other comprehensive income (loss), net of tax	$	(3,161	)	$	11,069	$	(1,574	)	$	9,495	$	6,334