Quarterly report pursuant to Section 13 or 15(d)

Other Comprehensive Income (Loss)

v2.4.0.6
Other Comprehensive Income (Loss)
9 Months Ended
May 31, 2012
Other Comprehensive Income (Loss)

Note 11. Other Comprehensive Income (Loss)

The Company’s comprehensive income is significantly impacted by the movement of the U.S. dollar versus other global currencies, most notably the Euro and British Pound. The following table sets forth the reconciliation of net earnings to comprehensive income (in thousands):

 

     Three Months Ended May 31,     Nine Months Ended May 31,  
     2012     2011     2012     2011  

Net earnings

   $ 34,401      $ 36,358      $ 103,750      $ 70,177   

Foreign currency translation adjustment

     (36,448     20,114        (65,043     47,924   

Changes in net unrealized gains and losses, net of tax

     2,940        (787     2,911        2,052   
  

 

 

   

 

 

   

 

 

   

 

 

 

Comprehensive income

   $ 893      $ 55,685      $ 41,618      $ 120,153