Comprehensive Income

6 Months Ended

Mar. 31, 2012

Comprehensive Income [Abstract]

COMPREHENSIVE INCOME

7. COMPREHENSIVE INCOME

Comprehensive income consists of two components: net earnings and other comprehensive income. Other comprehensive income refers to revenues, expenses, gains and losses that under authoritative accounting guidance related to comprehensive income are recorded as elements of equity, but are excluded from net earnings. The following table presents the components of comprehensive income, net of income taxes for the quarters and six months ended March 31, 2012 and 2011 (in thousands):

	Quarter Ended March 31,						Six Months Ended March 31,
	2012			2011			2012			2011
Net earnings	$	13,167		$	20,021		$	16,752		$	34,087
Change in fair value of highly effective interest rate hedges		(820	)		1,148			(2,164	)		2,708
Amortization of other comprehensive loss related to ineffective interest rate hedges		823			—			2,057			—
Change in income tax expense		(1	)		(433	)		39			(1,010	)
Comprehensive income	$	13,169		$	20,736		$	16,684		$	35,785

The components of accumulated other comprehensive loss, net of income taxes, are as follows (in thousands):

	March 31, 2012			September 30, 2011
Fair value of interest rate hedges	$	(4,049	)	$	(3,942	)
Income tax benefit		1,514			1,475
Accumulated other comprehensive loss	$	(2,535	)	$	(2,467	)