XML 31 R16.htm IDEA: XBRL DOCUMENT  v2.3.0.11
COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2011
COMPREHENSIVE INCOME (LOSS)  
COMPREHENSIVE INCOME (LOSS)

NOTE 12.  COMPREHENSIVE INCOME (LOSS)

 

Total comprehensive income (loss), net of tax, for the three and six month ended June 30, 2011 and 2010 are as follows:

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

(in thousands)

 

(in thousands)

 

Net income (loss)

 

$

3,113

 

$

(774)

 

$

4,494

 

$

(5,960)

 

Foreign currency translation adjustments

 

8,921

 

(3,019)

 

10,789

 

(5,501)

 

Retirement plans related adjustments(1) 

 

(1,027)

 

189

 

(1,167)

 

591

 

Unrealized loss on cash flow hedges(2) 

 

(180)

 

-

 

(87)

 

-

 

Other comprehensive income (loss)

 

7,714

 

(2,830)

 

9,535

 

(4,910)

 

Total comprehensive income (loss)

 

$

10,827

 

$

(3,604)

 

$

14,029

 

$

(10,870)

 

 

(1)          Tax effects on retirement plans related adjustments, in thousands, were $253 and $59 for three months ended June 30, 2011 and 2010, respectively, and $264 and $112 for six months ended June 30, 2011 and 2010, respectively.

 

(2)          Tax effects on unrealized gain (loss) on cash flow hedges, in thousands, were $62 and $-0- for three months ended June 30, 2011 and 2010, respectively, and $62 and $-0- for six months ended June 30, 2011 and 2010, respectively.

 

Balances of the components of accumulated other comprehensive income (loss), net of accumulated tax effect, are as follows:

 

 

 

June 30,

 

December 31,

 

 

 

2011

 

2010

 

 

 

(in thousands)

 

Foreign currency translation adjustments

 

$

 44,604

 

$

 33,815

 

Retirement plans related adjustments

 

(33,913)

 

(32,746)

 

Unrealized loss on cash flow hedges

 

(177)

 

(90)

 

Accumulated other comprehensive income

 

$

 10,514

 

$

 979