COMPREHENSIVE INCOME

9 Months Ended

Sep. 30, 2011

COMPREHENSIVE INCOME [Abstract]

COMPREHENSIVE INCOME

6.       COMPREHENSIVE INCOME

The components of comprehensive income, net of related tax, for the three- and nine-month periods ended September 30, 2011 and 2010, were as follows (U.S. dollars in thousands):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2011	2010	2011	2010
Net income	$  46,798	$  35,289	$ 103,807	$  98,721
Other comprehensive income, net of tax:
Foreign currency translation adjustment	(8,027)	5,885	(3,490)	2,111
Net unrealized losses on foreign currency cash flow hedges	(2,289)	─	(2,144)	29
Less:  Reclassification adjustment for realized gains in current earnings	419	─	315	(126)
Comprehensive income	$  36,901	$  41,174	$  98,488	$100,735