Comprehensive income

9 Months Ended

Sep. 30, 2011

Comprehensive income [Abstract]

Comprehensive income

Note 9 - Comprehensive income

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2011			2010			2011			2010
	(In thousands)
Net loss	$	(165,205	)	$	(51,528	)	$	(350,598	)	$	(177,068	)
Other comprehensive income		38,416			58,899			67,257			79,073
Total comprehensive (loss) income	$	(126,789	)	$	7,371		$	(283,341	)	$	(97,995	)
Other comprehensive income (net of tax):
Change in unrealized gains and losses on investments	$	48,437		$	47,607		$	72,754		$	74,931
Unrealized foreign currency translation adjustment		(10,021	)		11,292			(5,497	)		4,142
Other comprehensive income	$	38,416		$	58,899		$	67,257		$	79,073

The tax expense on other comprehensive income was $20.3 million and $31.7 million for the three months ended September 30, 2011 and 2010 respectively. The tax expense on other comprehensive income was $35.6 million and $42.1 million for the nine months ended September 30, 2011 and 2010 respectively.

At September 30, 2011, accumulated other comprehensive income of $89.4 million included $105.3 million of net unrealized gains on investments and $14.9 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.