Comprehensive income

6 Months Ended

Jun. 30, 2011

Comprehensive income [Abstract]

Comprehensive income

 8. Comprehensive income

Comprehensive income is the sum of net income as reported and other comprehensive income (loss). The Company's other comprehensive income (loss) resulted from gains (losses) on derivative instruments qualifying as hedges, foreign currency translation adjustments and gains on available-for-sale investments. For more information on derivative instruments, see Note 12.

Comprehensive income, and the components of other comprehensive income (loss) and related tax effects, were as follows:

	Three Months Ended June 30,
	2011			2010
	(In thousands)
Net income	$	45,067		$	48,938
Other comprehensive income (loss):
Net unrealized gain (loss) on derivative instruments qualifying as hedges:
Net unrealized gain on derivative instruments arising during the period, net of tax of $10,576 and $2,588 in 2011 and 2010, respectively		17,057			4,637
Less: Reclassification adjustment for gain (loss) on derivative instruments included in net income, net of tax of $(2,191) and $3,191 in 2011 and 2010, respectively		(3,650	)		5,259
Net unrealized gain (loss) on derivative instruments qualifying as hedges		20,707			(622	)
Foreign currency translation adjustment, net of tax of $32 and $(307) in 2011 and 2010, respectively		50			(476	)
Net unrealized gains on available-for-sale investments, net of tax of $47 in 2011		87			-
		20,844			(1,098	)
Comprehensive income	$	65,911		$	47,840
	Six Months Ended June 30,
		2011			2010
	(In thousands)
Net income	$	88,044		$	90,710
Other comprehensive income (loss):
Net unrealized gain (loss) on derivative instruments qualifying as hedges:
Net unrealized gain (loss) on derivative instruments arising during the period, net of tax of $(388) and $11,962 in 2011 and 2010, respectively		(1,217	)		19,932
Less: Reclassification adjustment for gain (loss) on derivative instruments included in net income, net of tax of $91 and $(1,166) in 2011 and 2010, respectively		155			(1,850	)
Net unrealized gain (loss) on derivative instruments qualifying as hedges		(1,372	)		21,782
Foreign currency translation adjustment, net of tax of $170 and $(929) in 2011 and 2010, respectively		262			(1,412	)
Net unrealized gains on available-for-sale investments, net of tax of $55 in 2011		103			-
		(1,007	)		20,370
Comprehensive income	$	87,037		$	111,080