Comprehensive Earnings

3 Months Ended

Mar. 31, 2012

Comprehensive Earnings [Abstract]

Comprehensive Earnings

11. Comprehensive Earnings

Components of other comprehensive earnings, before tax, consist of the following:

	Three Months Ended March 31,
(In thousands)	2012			2011
Defined benefit pension plans:
Unrecognized gain (loss) and prior service cost arising during the period	$	—		$	—
Less: Amortization of prior service cost (gain) included in net earnings		10			(9	)
Net change in unrecognized (loss) gain and prior service cost related to post-retirement plans	$	(10	)	$	9
Derivatives in cash flow hedging relationships:
Amount of gain recognized in AOCE on derivatives (effective portion)	$	17,017		$	3,613
Less: Reclassification of loss from AOCE into earnings (effective portion)		(5,629	)		(1,037	)
Net unrecognized gain on derivatives	$	22,646		$	4,650
Net unrealized loss on marketable securities:
Unrealized loss on marketable securities	$	(143	)	$	(369	)
Less: Reclassification for gain (loss) included in net earnings		25			(1	)
Net unrealized loss on marketable securities	$	(168	)	$	(368	)

Accumulated other comprehensive earnings (loss), as reflected on the Condensed Consolidated Balance Sheets, is comprised of the following:

(In thousands)	March 31, 2012			December 31, 2011
Accumulated other comprehensive earnings (loss):
Net unrealized gains on marketable securities, net of tax	$	971		$	1,080
Net unrecognized losses and prior service costs related to post- retirement plans, net of tax		(5,846	)		(5,840	)
Net unrecognized losses on derivatives, net of tax		(28,326	)		(43,719	)
Foreign currency translation adjustment		62,078			(39,360	)
	$	28,877		$	(87,839	)