4) Comprehensive Income and Accumulated Other Comprehensive Income
The components of comprehensive income are as follows:
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Nine Months |
|
|
Three Months Ended |
|
| |
|
October 1, |
|
|
October 2, |
|
|
October 1, |
|
|
October 2, |
|
| (in thousands) |
|
2011 |
|
|
2010 |
|
|
2011 |
|
|
2010 |
|
|
Net income
|
|
$ |
16,422 |
|
|
$ |
10,477 |
|
|
$ |
6,665 |
|
|
$ |
4,647 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustments
|
|
|
(191 |
) |
|
|
125 |
|
|
|
(394 |
) |
|
|
172 |
|
|
Accumulated Retirement Liability Adjustment, net
of tax of $37 and $13 in 2011 and $38 and $12
in 2010, for the nine and three months ended,
respectively.
|
|
|
69 |
|
|
|
70 |
|
|
|
24 |
|
|
|
23 |
|
|
Gain (Loss) on derivatives, net of tax of $24 and
$5 in 2011 and $101 and $26 in 2010, for the
nine and three months ended, respectively.
|
|
|
45 |
|
|
|
(188 |
) |
|
|
9 |
|
|
|
(49 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Comprehensive income
|
|
$ |
16,345 |
|
|
$ |
10,484 |
|
|
$ |
6,304 |
|
|
$ |
4,793 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The components of accumulated other comprehensive income (loss) are as follows:
| |
|
|
|
|
|
|
|
|
| |
|
October 1, |
|
|
December 31, |
|
| (in thousands) |
|
2011 |
|
|
2010 |
|
|
Accumulated foreign currency translation
|
|
$ |
1,131 |
|
|
$ |
1,322 |
|
|
Accumulated loss on derivative adjustment
|
|
|
(293 |
) |
|
|
(338 |
) |
|
Accumulated retirement liability adjustment
|
|
|
(917 |
) |
|
|
(986 |
) |
|
|
|
|
|
|
|
|
|
Accumulated other comprehensive income (loss)
|
|
$ |
(79 |
) |
|
$ |
(2 |
) |
|
|
|
|
|
|
|
|
|