ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2011

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Balances for each classification of accumulated other comprehensive loss

The table below provides the balances for each classification of accumulated other comprehensive loss as of December 31, 2011 and 2010 (in thousands):

	December 31, 2011			December 31, 2010
Foreign currency translation adjustments (1)	$	(88,312	)	$	(33,407	)
Net unrealized gain on investment securities (2)	730			518
Accumulated other comprehensive loss	$	(87,582	)	$	(32,889	)

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(1) Includes net gains from fair value adjustments at December 31, 2011 and 2010 associated with net investment hedges of $46.2 million after tax ($79.1 million before tax) and $15.8 million after tax ($27.1 million before tax), respectively.  The remaining balance in currency translation adjustments excludes income taxes due to the Company’s practice and intention to reinvest the earnings of its foreign subsidiaries in those operations.

(2) The unrealized gains before tax at December 31, 2011 and 2010 were $1.0 million and $0.7 million, respectively.