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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Income Taxes [Abstract]  
Provision for income taxes, relating to continuing operations
                         
    2012     2011     2010  

Current:

                       

U.S. Federal benefit

  $ (0.1   $ (0.1   $ (0.2

State and local tax (benefit)

    0.1       (0.2     0.1  
   

 

 

   

 

 

   

 

 

 

Total current

    —         (0.3     (0.1
   

 

 

   

 

 

   

 

 

 

Deferred:

                       

U.S. Federal tax (benefit)

    —         —         (0.3

State and local tax

    —         —         —    
   

 

 

   

 

 

   

 

 

 

Total deferred

    —         —         (0.3
   

 

 

   

 

 

   

 

 

 

Total income benefit

  $ —       $ (0.3   $ (0.4
   

 

 

   

 

 

   

 

 

 
Reconciliation of income taxes based on the application of the statutory federal income tax rate to income taxes
                         
    2012     2011     2010  

Federal statutory rate

    35.0     35.0     35.0

Increase (decrease) in taxes resulting from:

                       

State and local taxes

    2.0       2.0       2.0  

Contingency accrual adjustment

    —         2.6       0.4  

Change in valuation allowance

    96.6       (35.5     (36.5

Nondeductible items

    (121.2     (1.5     (0.4

Discountinued operations utilization

    —         —         1.5  

Other, net

    (12.4     (0.3     0.1  
   

 

 

   

 

 

   

 

 

 

Effective income tax rate

    —       2.3     2.1
   

 

 

   

 

 

   

 

 

 
Deferred income taxes
                                 
    2012     2011  
    Assets     Liabilities     Assets     Liabilities  

Property, plant and equipment

  $ 1.0     $ —       $ 0.6     $ —    

Goodwill

    1.2       —         0.9       —    

Employee benefits related

    2.3       —         1.5       —    

Inventories

    0.9       —         0.7       —    

LIFO

    —         7.4       —         8.3  

Insurance related

    1.1       —         1.2       —    

Other accrued liabilities

    0.9       —         1.1       —    

Accounts receivables

    0.3       —         0.2       —    

Income tax loss carryforwards

    32.1       —         34.2       —    

Other

    0.6       0.6       0.2       0.6  
   

 

 

   

 

 

   

 

 

   

 

 

 

Gross deferred tax assets and liabilities

    40.4       8.0       40.6       8.9  

Valuation allowance

    (32.4     —         (31.7     —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 8.0     $ 8.0     $ 8.9     $ 8.9  
   

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of deferred tax assets and liabilities classifications
                 
    2012     2011  

Net current deferred taxes

  $ (7.1   $ (8.0

Net long-term deferred taxes

    7.1       8.0