Comprehensive Income

3 Months Ended

Mar. 31, 2012

Comprehensive Income

Note 5 — Comprehensive Income

For the three months ended March 31, comprehensive income is summarized below:

	Three months ended March 31, 2012							Three months ended March 31, 2011
(in thousands)	TSYS Shareholders		Noncontrolling Interests			Total		TSYS Shareholders			Noncontrolling Interests		Total
Net income	$	56,395		1,249		$	57,644	$	48,790			622	$	49,412
Other comprehensive income (OCI), net of tax:
Foreign currency translation adjustments		3,671		(708	)		2,963		10,172			99		10,271
Postretirement healthcare plan adjustments		263		—			263		(182	)		—		(182	)
Total	$	60,329		541		$	60,870	$	58,780			721	$	59,501

Consistent with its overall strategy of pursuing international investment opportunities, TSYS adopted the permanent reinvestment exception under ASC 740, “Income Taxes,” with respect to future earnings of certain foreign subsidiaries. Its decision to permanently reinvest foreign earnings offshore means TSYS will no longer allocate taxes to foreign currency translation adjustments associated with these foreign subsidiaries accumulated in OCI.