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COMPREHENSIVE INCOME
6 Months Ended
Jul. 01, 2011
COMPREHENSIVE INCOME  
COMPREHENSIVE INCOME

6.             COMPREHENSIVE INCOME

 

Comprehensive income refers to revenues, expenses, gains and losses that are included in comprehensive income but are excluded from net income as these amounts are recorded directly as an adjustment to stockholders’ equity, net of tax. The components of comprehensive income for the three and six months ended July 1, 2011 and June 25, 2010 are as follows (in thousands):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

July 1,

 

June 25,

 

July 1,

 

June 25,

 

 

 

2011

 

2010

 

2011

 

2010

 

Net income

 

$

9,856

 

$

9,091

 

$

16,739

 

$

14,661

 

Other comprehensive income (loss):

 

 

 

 

 

 

 

 

 

Amortization of unrecognized gain

 

 

 

 

 

 

 

 

 

on employee benefits

 

(3

)

4

 

1

 

8

 

Foreign currency translation

 

—

 

(54

)

228

 

89

 

Unrealized loss on short-term investments

 

—

 

—

 

—

 

(1

)

Total comprehensive income

 

$

9,853

 

$

9,041

 

$

16,968

 

$

14,757