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Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2011
Comprehensive Income (Loss)  
Comprehensive Income (Loss)

(4) Comprehensive Income (Loss)

 

The following presents a reconciliation of net income (loss) to comprehensive income (loss) for the three and six months ended June 30, 2011 and 2010:

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

Net income (loss)

 

$

7,019

 

$

(4,343

)

$

87

 

$

544

 

Other comprehensive income (loss):

 

 

 

 

 

 

 

 

 

Foreign currency translation (loss) gain

 

13,342

 

(34,384

)

47,962

 

(63,248

)

Gain on derivative financial instruments (1)

 

462

 

321

 

912

 

287

 

Total other comprehensive income (loss)

 

13,804

 

(34,063

)

48,874

 

(62,961

)

Comprehensive income (loss)

 

$

20,823

 

$

(38,406

)

$

48,961

 

$

(62,417

)

 

(1) For the three and six months ending June 30, 2011, the change is net of income taxes of approximately $308 and $608, respectively.  For the three and six months ending June 30, 2010, the change is net of income taxes of approximately $217 and $194, respectively.