Note 10 - Comprehensive Income

3 Months Ended

Mar. 31, 2012

Comprehensive Income (Loss) Note [Text Block]

NOTE 10:  COMPREHENSIVE INCOME

The components of comprehensive income consist of the following:

	Three Months Ended March 31					Nine Months Ended March 31
	2012			2011		2012			2011
Net income	$	25,845		$	28,693	$	61,513		$	110,171
Foreign currency translation adjustments – net		(6,912	)		8,406		(19,983	)		21,307
Unrealized gains (losses) on hedging activities - net		-			-		-			(258	)
Comprehensive income, net of tax	$	18,933		$	37,099	$	41,530		$	131,220

For the three and nine months ended March 31, 2012, the change in the foreign currency translation adjustment was due to fluctuations in the exchange rate of the U.S. dollar against the euro of $(213) and $(7,627), the Brazilian real of $(7,155) and $(11,136) and the Canadian dollar of $456 and $(1,220).

For the three and nine months ended March 31, 2011, the change in the foreign currency translation adjustment was due to fluctuations in the exchange rate of the U.S. dollar against the euro of $5,734 and $13,115, the Brazilian real of $1,267 and $4,106 and the Canadian dollar of $1,405 and $4,086.

A rollforward of the amounts included in Accumulated Other Comprehensive Income, net of taxes is shown below:

	Hedging Activities			Foreign Currency Translation			Post-Employment Healthcare			Accumulated Other Comprehensive Income
Balance at June 30, 2011	$	(253	)	$	60,918		$	(3,662	)	$	57,003
Changes in value		-			(19,983	)		-			(19,983	)
Reclassification into earnings		-			-			-			-
Balance at March 31, 2012	$	(253	)	$	40,935		$	(3,662	)	$	37,020