Comprehensive income

6 Months Ended

Jun. 30, 2011

Comprehensive income [Abstract]

Comprehensive income

Note 9 - Comprehensive income

Our total comprehensive income for the three and six months ended June 30, 2011 and 2010 was as follows:

	Three Months Ended						Six months ended
	June 30,						June 30,
	2011			2010			2011			2010
	(In thousands)
Net (loss) income	$	(151,732	)	$	24,551		$	(185,393	)	$	(125,540	)
Other comprehensive income		53,528			14,384			28,841			20,174
Total comprehensive (loss) income	$	(98,204	)	$	38,935		$	(156,552	)	$	(105,366	)
Other comprehensive income (net of tax):
Change in unrealized gains and losses on investments	$	49,921		$	21,118		$	24,317		$	27,324
Unrealized foreign currency translation adjustment		3,607			(6,734	)		4,524			(7,150	)
Other comprehensive income	$	53,528		$	14,384		$	28,841		$	20,174

The tax expense on other comprehensive income was $14.6 million and $7.5 million for the three months ended June 30, 2011 and 2010 respectively. The tax expense on other comprehensive income was $15.3 million and $10.4 million for the six months ended June 30, 2011 and 2010 respectively.

At June 30, 2011, accumulated other comprehensive income of $51.0 million included $56.8 million of net unrealized gains on investments and $24.9 million of gains related to foreign currency translation adjustment, offset by a $30.8 million loss relating to defined benefit plans. At December 31, 2010, accumulated other comprehensive income of $22.1 million included $32.5 million of net unrealized gains on investments and $20.4 million of gains related to foreign currency translation adjustment, offset by a $30.8 million loss relating to defined benefit plans.