Other Comprehensive Income

3 Months Ended

Mar. 31, 2012

Other Comprehensive Income

Other Comprehensive Income

(13) Other Comprehensive Income

The components and allocated tax effects of other comprehensive income for the periods ended March 31, 2012 and December 31, 2011 are as follows (dollars in thousands):

	Before Tax Effects		Tax Effects		After Tax Effects
March 31, 2012
Currency translation adjustment	$	11,042	$	—	$	11,042
Total	$	11,042	$	—	$	11,042
December 31, 2011
Currency translation adjustment	$	8,341	$	—	$	8,341
Total	$	8,341	$	—	$	8,341

Deferred taxes have not been provided on the cumulative undistributed earnings of foreign subsidiaries or the cumulative translation adjustment related to those investments since such amounts are expected to be reinvested indefinitely.