The Company's other comprehensive income (loss) consists of (i) unrealized foreign currency net gains and losses on the translation of the assets and liabilities of its foreign operations, (ii) realized and unrealized foreign currency gains and losses on intercompany notes of a long-term nature and certain hedges of foreign subsidiaries, (iii) unrealized gains and losses on cash flow hedges (consisting of interest rate swaps), net of income taxes, and (iv) pension and other postretirement prior service cost and actuarial gains or losses, net of income taxes.

The following table sets forth the changes in each component of accumulated other comprehensive income (loss):


	Cumulative Currency Translation Adjustment ⁽¹⁾			Foreign Currency Gains (Losses)			Unrealized Gains (Losses) on Cash Flow Hedges			Pension and Postretirement Benefit Plans			Accumulated Other Comprehensive Income
Balance at December 31, 2009	$	134,573		$	(21,319	)	$	(250	)	$	(30,490	)	$	82,514
Before tax (loss) income		(38,820	)		8,920			(706	)		287			(30,319	)
Income tax effect		—			297			268			(84	)		481

Other comprehensive (loss) income		(38,820	)		9,217			(438	)		203			(29,838	)

Balance at March 31, 2010		95,753			(12,102	)		(688	)		(30,287	)		52,676
Before tax (loss) income		(47,788	)		664			(495	)		260			(47,359	)
Income tax effect		—			(649	)		188			(75	)		(536	)

Other comprehensive (loss) income		(47,788	)		15			(307	)		185			(47,895	)

Balance at June 30, 2010		47,965			(12,087	)		(995	)		(30,102	)		4,781
Before tax income (loss)		29,526			31,850			(247	)		82			61,211
Income tax effect		—			140			94			(6	)		228

Other comprehensive income (loss)		29,526			31,990			(153	)		76			61,439

Balance at September 30, 2010	$	77,491		$	19,903		$	(1,148	)	$	(30,026	)	$	66,220

Balance at December 31, 2010	$	69,282		$	19,095		$	(933	)	$	(26,019	)	$	61,425
Before tax income (loss)		31,245			3,524			404			(669	)		34,504
Income tax effect		—			(434	)		(154	)		(71	)		(659	)

Other comprehensive income (loss)		31,245			3,090			250			(740	)		33,845

Balance at March 31, 2011		100,527			22,185			(683	)		(26,759	)		95,270
Before tax income (loss)		17,711			(2,403	)		(23	)		136			15,421
Income tax effect		—			99			9			(34	)		74

Other comprehensive income (loss)		17,711			(2,304	)		(14	)		102			15,495

Balance at June 30, 2011		118,238			19,881			(697	)		(26,657	)		110,765
Before tax (loss) income		(52,649	)		(2,715	)		83			1,109			(54,172	)
Income tax effect		—			(734	)		(31	)		(800	)		(1,565	)

Other comprehensive (loss) income		(52,649	)		(3,449	)		52			309			(55,737	)

Balance at September 30, 2011	$	65,589		$	16,432		$	(645	)	$	(26,348	)	$	55,028

(1)	Income taxes are generally not provided for foreign currency translation adjustments, as such adjustments relate to permanent investments in international subsidiaries.

The Company's comprehensive income (loss) for the three and nine-month periods ended September 30, 2011 and 2010 was as follows: