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Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2012
Comprehensive Income (Loss)

12. Comprehensive Income (Loss)

The majority of the $19.5 million accumulated other comprehensive loss included in the Company’s consolidated balance sheets represents the accumulated foreign currency translation adjustment. Since the undistributed earnings of the Company’s foreign subsidiaries are considered to be permanently reinvested, the components of accumulated other comprehensive loss have not been tax effected.