Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2011

Comprehensive Income (Loss) [Abstract]

Comprehensive Income (Loss)

Note 16 – Comprehensive Income (Loss)

            U.S. GAAP requires that the effect of foreign currency translation adjustments and unrealized gains and/or losses on securities that are available-for-sale ("AFS") be classified as comprehensive income (loss).  The following table sets forth our comprehensive income (loss) for the periods indicated (dollars in thousands):

	Three Months Ended September 30,		Nine Months Ended September 30,
	2011	2010	2011	2010
Net income (loss)	$          290	$       1,378	$     15,657	$    (11,615)
Foreign currency translation gain (loss)	(18,218)	16,538	(6,782)	8,131
Amortization of pension prior service costs	82	76	246	228
Realized gain (loss) on available for sale investments	15	--	(9)	--
Unrealized loss on available for sale investments	(138)	(263)	(30)	(520)
Comprehensive income (loss)	(17,969)	17,729	9,082	(3,776)
Net income attributable to noncontrolling interest	(253)	(136)	(667)	(505)
Comprehensive (income) loss attributable to noncontrolling interest	29	(51)	5	(30)
Comprehensive income (loss) attributable to Reading International, Inc.	$    (18,193)	$     17,542	$       8,420	$      (4,311)

            The above foreign currency translation loss of $18.2 million for the three months ended September 30, 2011 is as a result of the Australia to U.S. currency rates decreasing from 1.0732 to 0.9744 and the New Zealand to U.S. currency rates decreasing from 0.8284 to 0.7675 during the 2011 Quarter.  Additionally, the above foreign currency translation loss of $6.8 million for the nine months ended September 30, 2011 is as a result of the Australia to U.S. currency rates decreasing from 1.0122 to 0.9744 and the New Zealand to U.S. currency rates decreasing from 0.7687 to 0.7675 during the 2011 Nine Months.