ACCUMULATED OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2012

ACCUMULATED OTHER COMPREHENSIVE INCOME

ACCUMULATED OTHER COMPREHENSIVE INCOME

Note 5 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 gains on investments. The components of accumulated other comprehensive income at March 31, 2012 and 2011, net of tax, are as follows:

	March 31,		December 31,
	2012		2011
	(in thousands)
Foreign currency translation adjustments	$	11,849	$	7,725
Actuarial gains related to defined benefit pension plans	593		1,712
Net unrealized gain on investments	4,810		11
Total accumulated other comprehensive income	$	17,252	$	9,448