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Comprehensive Income
9 Months Ended
Sep. 30, 2011
Comprehensive Income 
Comprehensive Income

 

7.              Comprehensive Income

 

Comprehensive income 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 September 30,

 

For the nine months
ended September 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Net income

 

$

1,557

 

$

1,129

 

$

4,251

 

$

2,602

 

Foreign currency translation adjustment

 

(836

)

957

 

45

 

(318

)

Comprehensive income

 

$

721

 

$

2,086

 

$

4,296

 

$

2,284