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Comprehensive Income
9 Months Ended
Mar. 31, 2012
Comprehensive Income [Abstract]  
Comprehensive Income

8.             Comprehensive Income

 

Comprehensive income is defined as the change in common shareholders’ equity during a period from transactions and events from non-owner sources, including net income.  Other items of comprehensive income include revenues, expenses, gains and losses that are excluded from net income.  Total comprehensive income, net of tax, for the applicable periods is as follows (in thousands):

 

 

 

 

 

 

 

 

Three Months Ended March 31,

2012

 

2011

Net Income

$

 2,765

 

$

 606

Other Comprehensive Income:

 

 

 

 

 

Foreign currency translation adjustments

 

 466

 

 

 1,028

Total Comprehensive Income

$

 3,231

 

$

 1,634

 

 

 

 

 

 

Nine Months Ended March 31,

2012

 

2011

Net Income

$

 2,287

 

$

 1,281

Other Comprehensive Income (Loss):

 

 

 

 

 

Foreign currency translation adjustments

 

 (1,159)

 

 

 2,251

Total Comprehensive Income

$

 1,128

 

$

 3,532