Comprehensive Income (Loss)
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Jun. 30, 2011
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Comprehensive Income (Loss) | 5. Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business enterprise during a period from transactions and other events, including foreign currency translation adjustments. The following table sets forth the computation of comprehensive income (loss) for the three and six months ended June 30, 2011 and 2010 (in thousands):
The change in cumulative foreign currency translation adjustment primarily relates to the Company's investment in Scient'x and fluctuations in exchange rates between Scient'x's local currency (the Euro) and the U.S. dollar. During the three and six months ended June 30, 2011, the change in the foreign currency translation amounts resulted from changes in the value of the Euro. The value of the Euro increased approximately 2% relative to the U.S. dollar during the three months ended June 30, 2011 and decreased approximately 8% relative to the U.S. dollar during the three months ended June 30, 2010. |