OTHER COMPREHENSIVE INCOME

12 Months Ended

Sep. 30, 2011

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME

NOTE 14—OTHER COMPREHENSIVE INCOME

We present other comprehensive income (OCI) and its components in the statement of changes in shareholders’ equity.  Accumulated OCI (loss) consisted of the following:

September 30,	2011			2010
	(in thousands)
Adjustment to pension liability	$	(28,392	)	$	(24,523	)
Foreign currency translation	9,121			13,183
Net unrealized (losses) gains from cash flow hedges	(4,023		)	1,595
	$	(23,294	)	$	(9,745	)

The adjustment to the pension liability is shown net of a tax benefit of $15.1 million and $13.2 million at September 30, 2011 and 2010, respectively.  Deferred income taxes are not recognized for translation-related temporary differences of foreign subsidiaries whose undistributed earnings are considered to be permanently invested.