Comprehensive Income and Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 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):

	Three Months Ended June 30,					Six Months Ended June 30,
	2012			2011		2012			2011
Net income	$	4,060		5,795		$	8,684		10,609
Reclassification to interest expense	335			404		674			818
Deferred tax (expense) benefit	(52		)	90		(134		)	(73	)
Mark-to-market of interest rate hedge	(193		)	(650	)	(305		)	(618	)
Comprehensive income	$	4,150		5,639		$	8,919		10,736

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

	June 30, 2012			December 31, 2011
Mark-to-market for interest rate hedges, net of tax benefit	$	(1,984	)	$	(2,219	)
Minimum pension liability adjustments, net of tax benefit	(782		)	(782		)
Accumulated other comprehensive loss	$	(2,766	)	$	(3,001	)