5. Accumulated Other Comprehensive Income (Loss)

Comprehensive income (loss) is defined as net income or loss and other changes in stockholders’ equity from non-owner sources. Changes in accumulated other comprehensive income (loss) is as follows (in thousands):


	Total accumulated other comprehensive income (loss)			Foreign currency translation adjustments (1)			Unrealized gain on investments and reclassifications (2)			Pension liability (3)
Balance at December 31, 2009	$	(3,430	)	$	1,867		$	568		$	(5,865	)
Other comprehensive income (loss)		1			701			(568	)		(132	)

Balance at December 31, 2010		(3,429	)		2,568			—			(5,997	)
Other comprehensive income (loss)		(1,595	)		241			—			(1,836	)

Balance at December 31, 2011		(5,024	)		2,809			—			(7,833	)
Other comprehensive loss		(4,725	)		(1,510	)		—			(3,215	)

Balance at December 31, 2012	$	(9,749	)	$	1,299		$	—		$	(11,048	)

(1)

During the year ended December 31, 2012, the Company reclassified $1.5 million of net cumulative translation adjustments out of accumulated other comprehensive income (loss) into net income as part of the net gain on sale of the Laser Systems business. In addition, the Company recorded a $1.9 million deferred tax impact on net unrealized foreign currency gains on permanent intercompany loans in accumulated other comprehensive loss during 2012.

(2)	During the year ended December 31, 2010, the Company reclassified $0.6 million out of accumulated other comprehensive loss into net loss.

(3)	During the years ended December 31, 2012, 2011 and 2010, the Company reclassified $0.7 million, $0.3 million and $0.3 million, respectively, out of accumulated other comprehensive loss into net income (loss).