Other Comprehensive Income

6 Months Ended

Jul. 02, 2011

Other Comprehensive Income

5)  Other Comprehensive Income

The company reports changes in equity during a period, except those resulting from investments by owners and distributions to owners, in accordance with ASC 220, "Comprehensive Income."

Components of other comprehensive income were as follows (in thousands):

	Three Months Ended						Six Months Ended
	Jul 2, 2011			Jul 3, 2010			Jul 2, 2011			Jul 3, 2010
Net earnings	$	19,628		$	17,509		$	37,453		$	31,271
Currency translation adjustment		1,285			(1,597	)		1,844			(2,306	)
Unrealized gain/(loss) on interest rate swaps, net of tax		(272	)		5			(198	)		68
Comprehensive income	$	20,641		$	15,917		$	39,099		$	29,033

Accumulated other comprehensive income is comprised of unrecognized pension benefit costs of $2.5 million, net of taxes as of July 2, 2011 and January 1, 2011, cumulative foreign currency translation gains of $1.4 million as of July 2, 2011 and losses of $0.5 million as of January 1, 2011 and an unrealized loss on interest rate swaps of $1.3 million and $1.1 million, net of taxes as of July 2, 2011 and January 1, 2011.