Comprehensive Income and Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2012

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):

	Quarter Ended March 31,
	2012			2011
Net income	$	4,624		$	4,813
Reclassification to interest expense	339			414
Deferred tax expense	(82		)	(163		)
Mark to market of interest rate hedges	(112		)	33
Comprehensive income	$	4,769		$	5,097

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

	March 31, 2012			December 31, 2011
Mark to market of interest rate hedges, net of tax benefit	$	(2,074	)	$	(2,219	)
Minimum pension liability adjustments, net of tax benefit	(782		)	(782		)
Accumulated other comprehensive loss	$	(2,856	)	$	(3,001	)