Comprehensive Income

6 Months Ended

Jun. 30, 2011

Stockholders' Equity and Comprehensive Income [Abstract]

COMPREHENSIVE INCOME

13. COMPREHENSIVE INCOME

Comprehensive income includes changes in the fair value of interest rate swaps and fuel hedges that qualify for hedge accounting. The components of other comprehensive income (loss) and related tax effects for the three and six month periods ended June 30, 2011 and 2010, are as follows:

	Three months ended June 30, 2011
	Gross			Tax effect			Net of tax
Interest rate swap amounts reclassified into interest expense	$	1,589		$	(604	)	$	985
Fuel hedge amounts reclassified into cost of operations		(1,278	)		486			(792	)
Changes in fair value of interest rate swaps		(2,670	)		1,015			(1,655	)
Changes in fair value of fuel hedges		(724	)		275			(449	)
	$	(3,083	)	$	1,172		$	(1,911	)

	Three months ended June 30, 2010
	Gross			Tax effect			Net of tax
Interest rate swap amounts reclassified into interest expense	$	2,309		$	(878	)	$	1,431
Fuel hedge amounts reclassified into cost of operations		414			(157	)		257
Changes in fair value of interest rate swaps		(4,968	)		1,888			(3,080	)
Changes in fair value of fuel hedges		(2,046	)		777			(1,269	)
	$	(4,291	)	$	1,630		$	(2,661	)

Total comprehensive income for the three months ended June 30, 2011 and 2010 was $42,694 and $27,976, respectively.

	Six months ended June 30, 2011
	Gross			Tax effect			Net of tax
Interest rate swap amounts reclassified into interest expense	$	3,455		$	(1,313	)	$	2,142
Fuel hedge amounts reclassified into cost of operations		(2,088	)		794			(1,294	)
Changes in fair value of interest rate swaps		(2,603	)		989			(1,614	)
Changes in fair value of fuel hedges		3,924			(1,491	)		2,433
	$	2,688		$	(1,021	)	$	1,667

	Six months ended June 30, 2010
	Gross			Tax effect			Net of tax
Interest rate swap amounts reclassified into interest expense	$	4,628		$	(1,759	)	$	2,869
Fuel hedge amounts reclassified into cost of operations		2,324			(883	)		1,441
Changes in fair value of interest rate swaps		(8,791	)		3,356			(5,435	)
Changes in fair value of fuel hedges		(3,095	)		1,176			(1,919	)
	$	(4,934	)	$	1,890		$	(3,044	)

A rollforward of the amounts included in AOCL, net of taxes, is as follows:

							Accumulated
							Other
				Interest			Comprehensive
	Fuel Hedges			Rate Swaps			Loss
Balance at December 31, 2010	$	2,931		$	(6,026	)	$	(3,095	)
Amounts reclassified into earnings		(1,294	)		2,142			848
Change in fair value		2,433			(1,614	)		819
Balance at June 30, 2011	$	4,070		$	(5,498	)	$	(1,428	)

See Note 10 for further discussion on the Company’s derivative instruments.