Comprehensive Income

9 Months Ended

Sep. 30, 2011

Comprehensive Income [Abstract]

Comprehensive Income

13. Comprehensive Income

Comprehensive income includes net income and changes in the components of accumulated other comprehensive income during the periods presented.  The Company's comprehensive income is as follows (in thousands of dollars):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
Net earnings	$	14,425		$	12,637		$	45,276		$	29,219
Other comprehensive income, before tax:
Foreign currency translation adjustments		(6,578	)		4,029			(2,904	)		(928	)
Defined benefit pension plans:
Amortization of prior service cost included in net periodic benefit cost		236			196			709			589
Amortization of unrecognized net loss included in net periodic benefit cost		979			928			2,936			2,784
Net (loss) gain arising during period		-			-			(3,565	)		3,634
Total defined benefit pension plans		1,215			1,124			80			7,007
Defined benefit postretirement plans:
Amortization of prior service cost included in net periodic benefit cost		13			13			38			38
Amortization of unrecognized net gain included in net periodic benefit cost		(56	)		(73	)		(167	)		(218	)
Net (loss) gain arising during period		-			-			(245	)		1,942
Total defined benefit postretirement plans		(43	)		(60	)		(374	)		1,762
Total other comprehensive (loss) income, before tax		(5,406	)		5,093			(3,198	)		7,841
Income tax (expense) benefit related to items of other
comprehensive income		(433	)		(394	)		109			(3,245	)
Total other comprehensive (loss) income, net of tax		(5,839	)		4,699			(3,089	)		4,596
Total comprehensive income	$	8,586		$	17,336		$	42,187		$	33,815

Accumulated other comprehensive income (loss) in the consolidated balance sheet consists of the following (in thousands of dollars):

				Defined			Defined			Accumulated
	Foreign			Benefit			Benefit			Other
	Currency			Pension			Postretirement			Comprehensive
	Translation			Plans			Plans			Loss
Balance, Dec. 31, 2010	$	5,077		$	(43,372	)	$	1,649		$	(36,646	)
Current-period change		(2,904	)		51			(236	)		(3,089	)
Balance, September 30, 2011	$	2,173		$	(43,321	)	$	1,413		$	(39,735	)