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Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2011
Comprehensive Income (Loss)  
Comprehensive Income (Loss)

7.              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 and circumstances from non-owner sources.  It includes all changes in equity during a period except those resulting from investments by and distributions to stockholders.

 

Comprehensive income is computed as follows (in thousands):

 

 

 

For the three months
ended June 30,

 

For the six months
ended June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Net income

 

$

1,481

 

$

739

 

$

2,694

 

$

1,473

 

Foreign currency translation adjustment

 

153

 

(772

)

881

 

(1,275

)

Comprehensive income (loss)

 

$

1,634

 

$

(33

)

$

3,575

 

$

198