Derivative Instruments

9 Months Ended

Sep. 30, 2011

Derivative Instruments [Abstract]

Derivative Instruments

NOTE 13: DERIVATIVE INSTRUMENTS

Interest Rate Swaps

As of September 30, 2011, we did not have any interest rate swap agreements outstanding to hedge against the potential impact on earnings from an increase in market interest rates associated with the interest payments on our variable-rate revolving credit facility as our interest rate swap agreement with Wells Fargo Bank for a notional amount of $150.0 million expired on March 20, 2011. The fair value of the interest rate swap as of December 31, 2010 was a liability of $0.9 million, which was reversed from comprehensive income (loss) and recognized as interest expense in our Consolidated Statements of Net Income during the first quarter of 2011.

The effect of derivative instruments on our Consolidated Statements of Net Income was as follows (in thousands):

Derivatives in Cash Flow Hedging Relationship			Effective Portion     of Derivative Gain Recognized in OCI			Effective Portion of Derivative Gain/(Loss) Reclassified from Accumulated OCI into   Income and Reclassified into   Earnings during the Period
Three Months Ended September 30, 2011
	Interest Rate Swap Contracts	$		-	$		-
Three Months Ended September 30, 2010
	Interest Rate Swap Contracts	$		1,331	$		(1,608	)
	Nine Months Ended September 30, 2011
	Interest Rate Swap Contracts	$		896	$		(889	)
	Nine Months Ended September 30, 2010
	Interest Rate Swap Contracts	$		3,457	$		(4,516	)