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Stockholders' Equity
 12 Months Ended
Dec. 31, 2011
Stockholders' Equity [Abstract]  
Stockholders' Equity
(21) Stockholders' Equity

Throughout 2011, 24,850 shares of the Company's preferred stock were designated as Series A Preferred Stock in accordance with the terms of our stockholder rights plan. However, on October 23, 2011, the stockholder rights plan expired. As a result, each outstanding share of our common stock is no longer accompanied by a right, there are no shares of Series A Preferred Stock currently outstanding, and we have no current plans to issue any such shares. Any future holders of Series A Preferred Stock, as currently designated, would have voting rights, be entitled to receive dividends based on a defined formula and have certain rights in the event of the Company's dissolution. Any such shares of Series A Preferred Stock would not be redeemable. However, the Company would be entitled to purchase shares of Series A Preferred Stock in the open market or pursuant to an offer to a holder or holders.

The holders of our common stock were not entitled to any payment as a result of the expiration of the rights plan and the rights issued thereunder.

 

The Company's accumulated other comprehensive loss consists of employee benefit related adjustments and foreign currency translation adjustments.

The components of comprehensive income (loss), net of tax, are as follows for the periods indicated (in thousands):

 

                 
     Years ended
December 31,		  
     2011     2010  
     

Net income (loss)

    $ 7,907      $ (10,204 ) 
     

Other comprehensive income (loss):

                 

Foreign currency translation adjustments

      (4,863 )      2,760   

Unrealized gain on available-for-sale securities

      1,685        —     

Pension adjustments – U.S

      (4,611 )      160   

Pension adjustments – Mexico

      (57 )      (57 ) 
    

 

 

    

 

 

  
     

Total comprehensive income (loss)

    $ 61      $ (7,341 ) 
    

 

 

    

 

 

  

Accumulated other comprehensive loss consisted of the following (in thousands):

 

                 
     December 31,  
     2011     2010  
     

Foreign currency translation adjustments

    $ (6,807 )    $ (1,944 ) 

Unrealized gain on available-for-sale securities

      1,685        —     

Employee benefit related adjustments, net of tax of $2,512 – U.S.

      (16,500 )      (11,889 ) 

Employee benefit related adjustments – Mexico

      (548 )      (491 ) 
    

 

 

    

 

 

  
     

Accumulated other comprehensive loss

    $ (22,170 )    $ (14,324 )