Derivative Financial Instruments and Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2011

Derivative Financial Instruments and Fair Value Measurements [Abstract]

Fair value of Derivative Instruments

The following tables set forth the location and aggregate fair value amounts of all derivative instruments with credit-related contingent features (dollars in thousands):

	Asset Derivatives					Liability Derivatives
	Balance	Fair Value				Balance	Fair Value
	Sheet	September 30,		December 31,		Sheet	September 30,		December 31,
	Location	2011		2010		Location	2011		2010
Derivatives
designated as
hedging
instruments
	Prepaid					Accrued
Interest rate	expenses					expenses
swap agreements	and other	$	-	$	-	and other	$	1,681	$	1,677
Derivatives not
designated as
hedging
instruments
Foreign currency	Prepaid					Accrued
exchange	expenses					expenses
contracts	and other		1,172		364	and other		306		3,425
Total derivatives		$	1, 172	$	364		$	1,987	$	5,102

Gain (Loss) on Derivative Instruments in Statement of Financial Performance

The location and net amounts reported in the condensed consolidated statements of earnings under the caption “interest expense” or included in our condensed consolidated balance sheets under the caption “accumulated other comprehensive income” (“OCI”) for derivatives designated as cash flow hedging instruments under the Derivatives and Hedges topic of the Codification are as follows (dollars in thousands):

	Three months ended September 30,
	Effective portion
Derivatives	Amount of						Location of gain (loss)	Amount of gain (loss)
designated as	gain (loss)						reclassified from	reclassified from
cash flow hedging	recognized in						accumulated	accumulated
instruments	OCI on derivative						OCI into income	OCI into income
	2011			2010				2011			2010
Interest rate swap agreements	$	(52	)	$	(926	)	Interest expense	$	(396	)	$	(1,281	)
	Nine months ended September 30,
	Effective portion
Derivatives	Amount of						Location of gain (loss)	Amount of gain (loss)
designated as	gain (loss)						reclassified from	reclassified from
cash flow hedging	recognized in						accumulated	accumulated
instruments	OCI on derivative						OCI into income	OCI into income
		2011			2010				2011			2010
Interest rate swap agreements	$	(1,512	)	$	(1,719	)	Interest expense	$	(1,509	)	$	(4,968	)

Summary of Composition of Foreign Currency Gain (Loss)

The following table summarizes the composition of foreign currency gain (loss) (dollars in thousands):

	Three months ended						Nine months ended
	September 30,						September 30,
	2011			2010			2011			2010
Foreign currency exchange contracts gain (loss)	$	1,082		$	(7,741	)	$	(1,933	)	$	1,071
Other foreign currency transaction gain (loss)		(3,199	)		9,889			(209	)		(4,190	)
	$	(2,117	)	$	2,148		$	(2,142	)	$	(3,119	)