OTHER INCOME (EXPENSE), NET:

12 Months Ended

Dec. 31, 2011

OTHER INCOME (EXPENSE), NET:

OTHER INCOME (EXPENSE), NET:

NOTE 6—OTHER INCOME (EXPENSE), NET:

Other income (expense), net is comprised of the following:

	2011			2010			2009
Interest and dividend income	$	1,087		$	879		$	1,439
Gains (losses) on trading securities relating to deferred compensation plans	29			3,364			4,524
Interest expense	(121		)	(142		)	(243		)
Impairment of equity method investment	—			—			(4,400		)
Equity method investment loss	(194		)	(342		)	(233		)
Foreign exchange gains (losses)	2,098			4,090			951
Capital gains (losses)	(227		)	(28		)	(38		)
Miscellaneous, net	274			537			100
	$	2,946		$	8,358		$	2,100

As of December 31, 2009, management determined that the carrying value of an equity method investment was impaired as a result of accumulated losses from operations and review of future expectations. The Company recorded a pre-tax impairment charge of $4,400 resulting in an adjusted carrying value of $4,961 as of December 31, 2009. The fair value was primarily assessed using the present value of estimated future cash flows.