OPERATING SEGMENTS

3 Months Ended

Mar. 31, 2012

OPERATING SEGMENTS

9. OPERATING SEGMENTS

The Company operates and manages its business based upon three primary geographic segments: Poland, Russia and Hungary. Selected financial data split based upon this segmentation assuming elimination of intercompany revenues and profits is shown below: Segment information represents only continuing operations.

	Segment Net Sales Three months ended March 31,
	2012		2011
	(Restated, see Note 2)		(Restated, see Note 2)
Segment
Poland	$	47,135	$	46,617
Russia		93,426		86,579
Hungary		5,428		5,158
Total Net Sales	$	145,989	$	138,354

	Operating income / (loss) Three months ended March 31,
	2012			2011
	(Restated, see Note 2)			(Restated, see Note 2)
Segment
Poland before fair value adjustments	$	6,480		$	4,793
Gain on remeasurement of previously held equity interests		0			7,898
Poland after fair value adjustments		6,480			12,691
Russia		(8,463	)		(6,220	)
Hungary		720			661
Corporate Overhead
General corporate overhead		(1,692	)		(1,242	)
Option Expense		(864	)		(693	)
Total Operating income / (loss)	$	(3,819	)	$	5,197

	Identifiable Operating Assets
	March 31, 2012		December 31, 2011
	(Restated, see Note 2)
Segment
Poland	$	599,163	$	600,940
Russia		1,319,980		1,369,744
Hungary		22,957		20,265
Corporate		28,430		25,769
Total Identifiable Assets	$	1,970,530	$	2,016,718

	Goodwill
	March  31, 2012 (Restated, see Note 2)		December 31, 2011
Segment
Poland	$	276,188	$	252,080
Russia		452,691		412,105
Hungary		6,693		6,109
Total Goodwill	$	735,572	$	670,294