13. Accumulated Other Comprehensive Income (Loss)


(Dollars in thousands)	Currency Translation Adjustments			Pension Benefit Adjustments			Derivatives and Other			Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2009	$	17,092		$	(22,717	)	$	(825	)	$	(6,450	)
Net Change		3,526			3,183			(1,265	)		5,444

Balance, December 31, 2009		20,618			(19,534	)		(2,090	)		(1,006	)
Net Change		(3,594	)		(47	)		573			(3,068	)

Balance, December 31, 2010		17,024			(19,581	)		(1,517	)		(4,074	)
Net Change		(1,123	)		(9,076	)		756			(9,443	)

Balance, December 31, 2011	$	15,901		$	(28,657	)	$	(761	)	$	(13,517	)

Foreign currency translation adjustments exclude income tax expense (benefit) for the earnings of the Company's non-U.S. subsidiaries as management believes these earnings will be reinvested for an indefinite period of time. Determination of the amount of unrecognized deferred U.S. income tax liability on these unremitted earnings is not practicable. The income tax effect included in accumulated other comprehensive income (loss) for other non-U.S. subsidiaries and equity investees that are not permanently reinvested was zero, zero, and $1.1 million at December 31, 2011, 2010, and 2009, respectively.

The income tax benefit associated with ASC 715 "Compensation – Retirement Benefits" included in accumulated other comprehensive income (loss) was $17.4 million, $11.5 million, and $11.3 million at December 31, 2011, 2010, and 2009, respectively. The net income tax benefit associated with the Company's derivatives included in accumulated other comprehensive income (loss) was $0.6 million, $1.0 million, and $1.1 million at December 31, 2011, 2010, and 2009, respectively.