Quarterly Financial Information

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information [Abstract]

Quarterly Financial Information

QUARTERLY FINANCIAL INFORMATION

Below is unaudited quarterly financial information for 2011 and 2010 (in millions, except for earnings per share and common stock sales price):

	2011
	Q1			Q2			Q3		Q4 (a)
Revenues	$	178.5		$	221.1		$	211.8	$	236.8
Gross profit		68.3			91.3			87.8		99.3
Net (loss) earnings		(6.0	)		(3.8	)		0.7		(21.6	)
Basic (loss) earnings per share	$	(0.10	)	$	(0.06	)	$	0.01	$	(0.36	)
Diluted (loss) earnings per share	$	(0.10	)	$	(0.06	)	$	0.01	$	(0.36	)
Common stock sales price per share:
High	$	13.05		$	12.21		$	11.31	$	8.62
Low	$	9.89		$	10.28		$	6.20	$	5.87

	2010
	Q1			Q2			Q3			Q4
Revenues	$	149.2		$	161.2		$	168.7		$	200.0
Gross profit		56.1			58.5			64.6			78.4
Net (loss) earnings		(3.6	)		2.7			(6.9	)		7.9
Basic (loss) earnings per share	$	(0.06	)	$	(0.04	)	$	(0.11	)	$	0.13
Diluted (loss) earnings per share	$	(0.06	)	$	(0.04	)	$	(0.11	)	$	0.13
Common stock sales price per share:
High	$	15.60		$	14.49		$	12.13		$	13.08
Low	$	12.67		$	10.14		$	9.51		$	11.87

(a) Includes a $20.9 million tax expense in 2011. For the year ended December 31, 2011, a valuation allowance was required against a portion of our U.S. deferred tax assets and we recorded an increase of $20.9 million in our valuation allowance during the year ended December 31, 2011. This increase was reflected as an expense in the fourth quarter of 2011. There were no similar charges in any of the other years presented.