Other Comprehensive Income

9 Months Ended

Sep. 29, 2012

Notes To Financial Statements [Abstract]

Other Comprehensive Income

5) Other Comprehensive Income

The company reports changes in equity during a period, except those resulting from investments by owners and distributions to owners, in accordance with ASC 220, "Comprehensive Income."

Components of other comprehensive income were as follows (in thousands):

	Three Months Ended					Nine Months Ended
	Sep 29, 2012		Oct 1, 2011			Sep 29, 2012			Oct 1, 2011
Net earnings	$	29,769	$	23,461		$	82,909		$	60,914
Currency translation adjustment	6,042		(11,053		)	4,500			(9,209		)
Pension liability adjustment, net of tax	130		—			271
Unrealized gain on interest rate swaps, net of tax	15		(527		)	(38		)	(725		)
Comprehensive income	$	35,956	$	11,881		$	87,642		$	50,980

Accumulated other comprehensive loss is comprised of unrecognized pension benefit costs of $7.3 million and $7.6 million, net of taxes as of September 29, 2012 and December 31, 2011, cumulative foreign currency translation losses of $6.7 million and $11.2 million as of September 29, 2012 and December 31, 2011, respectively and an unrealized loss on interest rate swaps of $1.7 million, net of taxes as of September 29, 2012 and December 31, 2011, respectively.