Comprehensive Income and Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2011

Comprehensive Income and Accumulated Other Comprehensive Loss

Comprehensive Income and Accumulated Other Comprehensive Loss

6.     Comprehensive Income and Accumulated Other Comprehensive Loss

The following table presents the components of comprehensive income (in thousands):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2011			2010		2011			2010
Net income	$	7,062		4,546		$	17,671		14,871
Reclassification to interest expense	399			429		1,217			1,367
Deferred tax benefit (expense)	106			182		(33		)	527
Mark-to-market of interest rate hedge	(689		)	(930	)	(1,307		)	(2,818	)
Comprehensive income	$	6,878		4,227		$	17,614		13,947

Accumulated other comprehensive loss consisted of the following (in thousands):

	September 30, 2011			December 31, 2010
Mark-to-market of interest rate hedges, net of tax benefit	$	(2,433	)	$	(2,376	)
Minimum pension liability adjustments, net of tax benefit	(633		)	(633		)
Accumulated other comprehensive loss	$	(3,066	)	$	(3,009	)