Comprehensive Income (Notes)

12 Months Ended

Dec. 31, 2011

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Comprehensive Income (Loss) Note

COMPREHENSIVE INCOME:

Comprehensive income is the total of net income and all other non-owner changes in equity. The following table sets forth the Company’s comprehensive income for the years ended December 31, 2011, 2010 and 2009 (dollars in thousands):

	2011			2010			2009
Net income	$	119,484		$	81,260		$	61,473
Other comprehensive income/(loss):
Foreign currency translation adjustments	(3,511		)	21,877			29,378
Net unrealized income/(loss) on qualifying cash flow hedges, net of tax provision/(benefit) of $759, ($904) and $2,270, respectively	1,334			(1,590		)	3,991
Changes in pension and other postretirement benefit, net of tax (benefit)/provision of ($24), $196 and $84, respectively	(42		)	344			147
Comprehensive income	117,265			101,891			94,989
Comprehensive income attributable to the noncontrolling interest	—			—			(146		)
Comprehensive income attributable to Genesee & Wyoming Inc.	$	117,265		$	101,891		$	94,843

The following table sets forth accumulated other comprehensive income/(loss) included in the consolidated balance sheets as of December 31, 2011 and 2010, respectively (dollars in thousands):

	Foreign Currency Translation Adjustment			Defined Benefit Plans			Net Unrealized Change on Cash Flow Hedges			Accumulated Other Comprehensive Income/(Loss)
Balances, December 31, 2010	$	45,905		$	22		$	(5,813	)	$	40,114
Current period change	(3,511		)	(42		)	1,334			(2,219		)
Balances, December 31, 2011	$	42,394		$	(20	)	$	(4,479	)	$	37,895

The foreign currency translation adjustments for the years ended December 31, 2011, 2010 and 2009, related primarily to the Company’s operations with a functional currency in Australian and Canadian dollars.