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Other (Income), net Level 1 (Notes)
 6 Months Ended
Jun. 30, 2012
OTHER (INCOME), NET [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
OTHER (INCOME) EXPENSE, NET

The components of other (income) expense, net, were as follows (in thousands):

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
 
(Unaudited)
 
(Unaudited)
(Gain) loss on sale of assets
$
(227
)
 
$
(75
)
 
$
(313
)
 
$
(138
)
Foreign exchange (gain) loss
1,355

 
(9
)
 
330

 
(521
)
Interest income
(13
)
 
(30
)
 
(15
)
 
(85
)
Rents and royalties
(255
)
 
(382
)
 
(595
)
 
(833
)
(Gain) loss on insurance recovery
(101
)
 
(69
)
 
(3,467
)
 
(779
)
Legal entity realignment
1,860

 
711

 
1,860

 
711

NYSE Euronext Amsterdam listing
683

 
—

 
923

 
—

Other, net
(84
)
 
1

 
(417
)
 
(79
)
Total other (income) expense, net
$
3,218

 
$
147

 
$
(1,694
)
 
$
(1,724
)


During the second quarter of 2012, we incurred legal, accounting and other fees in connection with the realignment of certain of our legal entities into a more cost effective structure and the listing of our shares on the NYSE Euronext Amsterdam Stock Exchange.

As a result of a fire in 2011 at one of our supplier's facilities that provided certain high performance specialty steel tubulars used with the Company's perforating systems, we filed a claim under our business interruption insurance policy in the amount of $5 million. During the first quarter of 2012, we received notice from the insurer that they agreed to pay $3.4 million of the claim and will continue reviewing the remainder of the claim. As a result, we recorded a gain of $3.4 million in the first quarter of 2012.

During 2011, as a result of reaching a settlement on a fire damage claim we filed in 2010, we recorded an insurance recovery gain of $0.8 million.

Foreign exchange (gain) loss by currency is summarized in the following table (in thousands):

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2012
 
2011
 
2012
 
2011
 
(Unaudited)
 
(Unaudited)
Australian Dollar
$
(11
)
 
$
(54
)
 
$
(15
)
 
$
(144
)
Canadian Dollar
519

 
(124
)
 
(18
)
 
(543
)
Euro
238

 
8

 
(7
)
 
(74
)
Malaysian Ringgit
130

 
3

 
79

 
(16
)
Mexican Peso
191

 
41

 
39

 
142

Russian Ruble
(16
)
 
(23
)
 
(56
)
 
(225
)
Other currencies, net
304

 
140

 
308

 
339

Total (gain) loss
$
1,355

 
$
(9
)
 
$
330

 
$
(521
)