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COMPREHENSIVE INCOME
6 Months Ended
Jun. 30, 2011
COMPREHENSIVE INCOME [Abstract]  
COMPREHENSIVE INCOME

(11)       COMPREHENSIVE INCOME

The following table sets forth comprehensive income (loss) for the periods indicated (amounts in thousands):

   Three Months Ended June 30, Six Months Ended June 30,
   2011 2010 2011 2010
Net income$ 23,224 $ 14,324 $ 34,595 $ 28,366
Foreign currency translation adjustment  1,834   (7,787)   6,880   (6,331)
Derivatives valuation, net of tax  (5,123)   (3,999)   (6,580)   (1,037)
Other  111   54   221   (199)
 Total comprehensive income  20,046   2,592   35,116   20,799
Comprehensive income attributable to            
 noncontrolling interest  (956)   (877)   (1,907)   (1,510)
 Comprehensive income attributable to           
  TeleTech$ 19,090 $ 1,715 $ 33,209 $ 19,289
              

The following table reconciles equity attributable to noncontrolling interest (amounts in thousands):

  Six Months Ended
  2011 2010
Noncontrolling interest, January 1$ 11,092 $ 5,478
Net income attributable to noncontrolling interest  1,905   1,677
Dividends distributed to noncontrolling interest  (1,859)   (2,070)
Foreign currency translation adjustments  2   (167)
 Noncontrolling interest, June 30$ 11,140 $ 4,918