Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2012

Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)

Note 6 - Comprehensive Income (Loss) and Accumulated Other Comprehensive Income (Loss)

Comprehensive income (loss) for three months ended March 31, 2012 and 2011 were as follows:

	Three Months Ended
(Dollars in thousands)	March 31,			March 31,
	2012			2011
Net income (loss)	$	(1,808	)	$	9,434
Foreign currency translation adjustments		5,971			14,964
Unrealized gain (loss) on marketable securities, net of tax		1,168			82
Unrealized gain (loss) on derivative instruments, net of tax		255			-
Comprehensive income (loss)	$	5,586		$	24,480

The components of accumulated other comprehensive income (loss) were as follows:

	March 31,			December 31,
(Dollars in thousands)	2012			2011
Foreign currency translation adjustments	$	11,846		$	5,875
Funded status of pension plans and other postretirement benefits, net of tax		(67,239	)		(67,239	)
Unrealized gain (loss) on derivative instruments, net of tax		(15	)		(270	)
Unrealized gain (loss) on marketable securities, net of tax		-			(1,168	)
Accumulated other comprehensive income (loss)	$	(55,408	)	$	(62,802	)