Comprehensive Income

6 Months Ended

Jun. 25, 2011

Comprehensive Income

Comprehensive Income

8) Comprehensive Income

The following table includes the components of comprehensive income attributable to Landstar System, Inc. and subsidiary for the twenty-six-week and thirteen-week periods ended June 25, 2011 and June 26, 2010 (in thousands):

	Twenty Six Weeks Ended				Thirteen Weeks Ended
	June 25, 2011		June 26, 2010		June 25, 2011		June 26, 2010
Net income attributable to Landstar System, Inc. and subsidiary	$	50,217	$	41,613	$	29,598	$	24,437
Unrealized holding gains on available-for-sale investments		454		196		443		63
Income tax on unrealized holding gains		161		70		157		23
Net unrealized holding gains		293		126		286		40
Foreign currency translation gains (losses)		213		57		7		(43	)
Comprehensive income attributable to Landstar System, Inc. and subsidiary	$	50,723	$	41,796	$	29,891	$	24,434

The foreign currency translation gain or loss for each period represents the unrealized net gain or loss on the translation of the financial statements of the Company's Canadian operations. Accumulated other comprehensive income as reported as a component of equity at June 25, 2011 of $1,387,000 represents the unrealized net gain on the translation of the financial statements of the Company's Canadian operations of $603,000 and the cumulative unrealized holding gains on available-for-sale investments, net of income taxes, of $784,000.