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Comprehensive Income (Loss) and Accumulated Other Comprehensive Income
9 Months Ended
May 31, 2012
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE INCOME
COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Comprehensive income (loss) for the three and nine months ended May 31, 2012 and 2011 is as follows: 
 
Three months ended May 31,
 
Nine months ended May 31,
 
2012
 
2011
 
2012
 
2011
 
(In thousands)
Net income (loss)
$
17,248

 
$
18,924

 
$
40,501

 
$
35,579

Foreign currency translation gain (loss)
(33,850
)
 
14,374

 
(56,006
)
 
42,776

Unrecognized losses and prior service costs (credits), net
(127
)
 
169

 
(157
)
 
1,062

Total comprehensive income (loss)
(16,729
)
 
33,467

 
(15,662
)
 
79,417

Comprehensive (income) loss attributable to noncontrolling interests
(231
)
 
(170
)
 
(789
)
 
(441
)
Comprehensive income (loss) attributable to A. Schulman, Inc.
$
(16,960
)
 
$
33,297

 
$
(16,451
)
 
$
78,976

The foreign currency translation loss in the three and nine months ended May 31, 2012 was a result of the significant decrease in the value of the Euro against the U.S. dollar during the periods presented. Foreign currency translation gains or losses do not have a tax effect, as such gains or losses are considered permanently reinvested. Other comprehensive income (loss) adjustments related to pension plans are recorded net of tax using the applicable effective tax rate.