Comprehensive Income

6 Months Ended

Jun. 30, 2011

4.	Comprehensive Income

Comprehensive income is as follows:


	Three Months Ended June 30,
	2011			2010
(In thousands)
Net income	$	39,368		$	38,030
Other comprehensive income, net of tax:
Amortization of unfunded employee benefit obligations		951			894
Amortization of net gain on treasury locks		(281	)		(281	)
Unrealized gains (losses) on treasury locks		—			(8,273	)
Unrealized gains (losses) on foreign currency exchange contracts		39			(114	)

Comprehensive income	$	40,077		$	30,256


	Six Months Ended June 30,
	2011			2010
(In thousands)
Net income	$	76,785		$	57,224
Other comprehensive income, net of tax:
Amortization of unfunded employee benefit obligations		1,902			1,789
Amortization of net gain on treasury locks		(563	)		(743	)
Unrealized gains (losses) on treasury locks		5,520			(8,273	)
Unrealized gains (losses) on foreign currency exchange contracts		202			(925	)

Comprehensive income	$	83,846		$	49,072

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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