Comprehensive Income

3 Months Ended

Jun. 30, 2011

12. Comprehensive Income

The components of total comprehensive income and related tax effects were as follows (in thousands):

		Three Months Ended
		June 30,
			2011		2010

		(unaudited)

Net income		$	9,976	$	6,526
Unrealized loss on available-for-sale investment securities,
	net of taxes of $(5) and $(16) for the three months ended
	June 30, 2011 and 2010		(9)		(30)
Adjustment to unrecognized actuarial net gain (loss)			-		58
Foreign currency translation adjustments			1,509		(5,500)
Total comprehensive income		$	11,476	$	1,054

The components of accumulated other comprehensive income, net of tax, at the end of each period were as follows (in thousands):

		June 30,		March 31,
		2011		2011

			(unaudited)
Accumulated net unrealized loss on available-for-sale investments securities,
	net of taxes of $(12) at June 30, 2011 and $(7) at March 31, 2011	$	(22)	$	(13)
Unrecognized actuarial loss, net of tax of $(1,108)			(2,945)		(2,945)
Accumulated foreign currency translation adjustments			12,230		10,721
Total accumulated other comprehensive income		$	9,263	$	7,763

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References+ Details