Other Comprehensive Income (Loss)

9 Months Ended

Jul. 03, 2011

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

3 OTHER COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) and the components of other comprehensive income (loss), net of tax, for the three and nine month periods ended July 3, 2011 and July 4, 2010 are as follows: 

	Three Months						Nine Months
	2011			2010			2011			2010
Net income (loss)	$	28,921		$	(86,305	)	$	(40,850	)	$	(165,588	)
Other comprehensive income (loss):
Foreign currency translation		13,139			(2,870	)		33,009			(9,306	)
Valuation allowance adjustments		(216	)		668			860			(2,453	)
Pension liability adjustments		—			—			—			(52	)
Net unrealized loss on derivative instruments		(653	)		1,548			(3,718	)		(1,850	)
Net change to derive comprehensive income (loss) for the period		12,270			(654	)		30,151			(13,661	)
Comprehensive income (loss)	$	41,191		$	(86,959	)	$	(10,699	)	$	(179,249	)

Net exchange gains or losses resulting from the translation of assets and liabilities of foreign subsidiaries are accumulated in the Accumulated other comprehensive income ("AOCI") section of Shareholders' equity. Also included are the effects of exchange rate changes on intercompany balances of a long-term nature and transactions designated as hedges of net foreign investments.

The changes in accumulated foreign currency translation for the three and nine month periods ended July 3, 2011 and July 4, 2010 were primarily attributable to the impact of translation of the net assets of the Company's European and Latin American operations, primarily denominated in Euros, Pounds Sterling and Brazilian Real.