ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2012

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 9—ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The components of total comprehensive income are net income, the change in cumulative currency translation adjustments and gains and losses on derivative instruments qualifying as cash flow hedges. The following table sets forth the components of total comprehensive income for 2012, 2011 and 2010:

In thousands
	Currency Translation Adjustments			Unrealized Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income/ (Loss)
Beginning balance January 1, 2010	$	(11,584	)	$	(708	)	$	(12,292	)
Period change		(2,544	)		(2,033	)		(4,577	)
Ending balance December 31, 2010	$	(14,128	)	$	(2,741	)	$	(16,869	)
Period change		(29,456	)		341			(29,115	)
Ending balance December 31, 2011	$	(43,584	)	$	(2,400	)	$	(45,984	)
Period change		6,292			628			6,920
Ending balance December 31, 2012	$	(37,292	)	$	(1,772	)	$	(39,064	)

The tax impact of the unrealized gains/ (losses) on cash flow hedges in accumulated other comprehensive income at December 31, 2012, 2011 and 2010 was $0.4 million, $0.2 million, and $1.4 million, respectively. Translation adjustments are not tax-effected as the Company’s net investment in foreign subsidiaries and all related foreign earnings are deemed permanently invested.