Comprehensive income (loss)

9 Months Ended

Sep. 30, 2011

Comprehensive income (loss)

10. Comprehensive income (loss)

Accumulated other comprehensive income is comprised of foreign currency translation adjustments and the effective portion of the unrealized gain from the Company’s cross-currency swap, which is designated and accounted for as a cash flow hedge (refer to Note 8). The components of and changes in accumulated other comprehensive income were as follows:

(US$ in thousands)	Foreign Currency Translation Adjustments			Fair Value  of Cross-Currency Swap		Accumulated Other Comprehensive Income
Balance at December 31, 2010	$	5,085		$	305	$	5,390
Unrealized gain on cross-currency swap, net of tax of $216		—			374		374
Foreign currency translation adjustment(1)		(2,163	)		—		(2,163	)
Balance at September 30, 2011	$	2,922		$	679	$	3,601

(1) As the cash remains permanently invested in the non-U.S. dollar denominated foreign subsidiaries, no deferred taxes are recognized on the related foreign currency translation adjustment.

Comprehensive income (loss) was comprised of the following components:

	Three Months Ended September 30,					Nine Months Ended September 30,
(US$ in thousands)	2011			2010		2011			2010
Net income (loss)	$	12,378		$	8,520	$	(13,465	)	$	36,244
Other comprehensive income (loss):
Unrealized gain (loss) on cross-currency swap, net of tax		(927	)		773		374			579
Foreign currency translation adjustment		(5,787	)		3,969		(2,163	)		(1,324	)
Total comprehensive income (loss)	$	5,664		$	13,262	$	(15,254	)	$	35,499