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Other Comprehensive Income
9 Months Ended
Oct. 08, 2011
Other Comprehensive Income 
Comprehensive Income (Loss) Note [Text Block]

Note 6 – Other Comprehensive Income

 

                Other comprehensive income for the periods presented includes market value adjustments to reflect derivative instruments at fair value, pursuant to ASC 815.   The components of comprehensive income are as follows:

 

16 Weeks

40 Weeks

Ended

Ended

(In thousands)

 

October 8, 2011

 

October 9, 2010

 

 

October 8, 2011

 

October 9, 2010

Net earnings

$

10,093

    15,346

27,625

    34,001

Change in fair value of derivatives, net of  tax

107

(1)

  154

(2)

258

(3)

341

(4)

Comprehensive income

$

10,200

15,500

27,883

34,342

(1) Net of tax of $69.

(2) Net of tax of $99.

(3) Net of tax of $165.

(4) Net of tax of $193.

 

                The gains reported in other comprehensive income during the third quarter and year-to-date periods of 2011 and 2010 reflect a change in fair value of our outstanding interest rate swap agreements during the respective periods.  Please refer to “Note 5 - Derivatives” of this Form 10-Q for information related to our interest rate swap agreements.