Accumulated Other Comprehensive Income And Noncontrolling Interests

6 Months Ended

Jun. 30, 2012

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income And Noncontrolling Interests

ACCUMULATED OTHER COMPREHENSIVE INCOME AND NONCONTROLLING INTERESTS

Accumulated other comprehensive income presented in the Condensed Consolidated Balance Sheets as of June 30, 2012, and December 31, 2011 consists of the following:

(in thousands)	June 30, 2012			December 31, 2011
Foreign currency translation adjustment	$	14,515		$	14,189
Net unrealized loss on derivative instruments, net of tax	(763		)	(470		)
Accumulated other comprehensive income	$	13,752		$	13,719

Noncontrolling Interests

As of June 30, 2012, our noncontrolling interests are associated with our 51% ownership of Patriot and 80% ownership of Michaud Distributors. As of July 2, 2011, our noncontrolling interests consisted of our 51% ownership of Patriot, 80% ownership of Michaud Distributors, and 90% ownership of Melisi Snacks, Inc. During the second quarter of 2011, we acquired an additional 10% ownership interest in Melisi Snacks, Inc. for $1.5 million, increasing our total ownership to 90%. During the third quarter of 2011, we acquired the remaining ownership interest in Melisi Snacks, Inc.