ACCUMULATED OTHER COMPREHENSIVE INCOME

9 Months Ended

Sep. 30, 2012

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

Comprehensive income is defined as a change in equity of a company during a period, from transactions and other events and circumstances excluding transactions resulting from investments by owners and distributions to owners. The primary difference between net income and comprehensive income for the Company arises from foreign currency translation adjustments, actuarial gains related to defined benefit pension plans and net unrealized (losses) gains on investments. The components of accumulated other comprehensive income at September 30, 2012 and December 31, 2011, net of tax, are as follows:

	September 30, 2012			December 31, 2011
	(in thousands)
Foreign currency translation adjustments	$	9,258		$	7,725
Actuarial gains related to defined benefit pension plans	499			1,712
Net unrealized (losses) gains on investments	(712		)	11
Total accumulated other comprehensive income	$	9,045		$	9,448