OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 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 $9.7 million and $12.5 million for the three months ended September 30, 2011 and September 30, 2010, respectively.  For the nine months ended September 30, 2011 and September 30, 2010, comprehensive income was approximately $41.4 million and $16.7 million, respectively.  The following presents the components of “Accumulated other comprehensive income (loss)” for the period indicated (in thousands).

	Beginning			Before-Tax			Tax Benefit			Net-of-Tax			Ending
Nine months ended:	Balance			Amount			(Expense)			Amount			Balance
September 30, 2011
Pension adjustment	$	(22,161	)	$	—		$	—		$	—		$	(22,161	)
Foreign currency translation adjustment	21,622			(1,786		)	—			(1,786		)	19,836
Unrealized gain (loss) on derivatives	(2,622		)	4,196			(1,574		)	2,622			—
Accumulated other comprehensive income (loss)	$	(3,161	)	$	2,410		$	(1,574	)	$	836		$	(2,325	)