COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2011

COMPREHENSIVE INCOME (LOSS)

COMPREHENSIVE INCOME (LOSS)

NOTE 13.  COMPREHENSIVE INCOME (LOSS)

Total comprehensive income (loss), net of tax, for the three and nine months ended September 30, 2011 and 2010 are as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2011		2010		2011		2010
	(in thousands)
Net income (loss)	$	4,250	$	(1,198)	$	8,744	$	(7,158)
Foreign currency translation adjustment	(9,902)		9,766		887		4,265
Retirement plans related adjustment(1)	1,428		(992)		261		(401)
Unrealized loss on cash flow hedges(2)	(2,060)		-		(2,147)		-
Other comprehensive loss (income)	(10,534)		8,774		(999)		3,864
Total comprehensive (loss) income	$	(6,284)	$	7,576	$	7,745	$	(3,294)

(1)   Tax effects on retirement plans related adjustments, in thousands, were $(326) and $173 for three months ended September 30, 2011 and 2010, respectively, and $(62) and $61 for nine months ended September 30, 2011 and 2010, respectively.

(2)   Tax effects on unrealized gain (loss) on cash flow hedges, in thousands, were $260 and $-0- for three months ended September 30, 2011 and 2010, respectively, and $321 and $-0- for nine months ended September 30, 2011 and 2010, respectively.

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

	September 30,		December 31,
	2011		2010
	(in thousands)
Foreign currency translation adjustments	$	34,702	$	33,815
Retirement plans related adjustments	(32,485)		(32,746)
Unrealized loss on cash flow hedges	(2,237)		(90)
Accumulated other comprehensive income	$	(20)	$	979