Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes

Schedule of domestic and foreign components of income before taxes

	2011			2010			2009
Domestic	$	(25.3	)	$	(12.5	)	$	(11.5	)
Foreign		170.8			162.6			140.6
	$	145.5		$	150.1		$	129.1

Components of income tax provision

	2011			2010			2009
Current income tax (benefit) expense:
Federal	$	(0.6	)	$	0.3		$	1.6
State		0.2			—			0.8
Foreign		56.7			56.6			47.8
Total current income tax expense, net		56.3			56.9			50.2
Deferred income tax (benefit):
Federal		(3.8	)		0.3			(0.4	)
State		(0.9	)		—			—
Foreign		(0.1	)		(3.9	)		(1.7	)
Total deferred income tax (benefit)		(4.8	)		(3.6	)		(2.1	)
Income tax provision	$	51.5		$	53.3		$	48.1

Reconciliation of United States federal statutory rate to effective income tax rate

	2011			2010			2009
Statutory tax rate		35.0	%		35.0	%		35.0	%
Foreign tax rate differential		(8.0	)		(5.7	)		(9.9	)
Permanent differences		0.3			1.8			3.0
Tax contingencies		6.1			4.4			2.4
Change in tax rates		0.2			0.1			0.1
Withholding taxes		—			(1.3	)		0.2
State income taxes, net of federal benefits		(0.3	)		—			0.5
Purchase accounting		(3.0	)		0.2			—
Other		(1.5	)		(0.5	)		3.2
Effective tax rate before valuation allowance		28.8	%		34.0	%		34.5	%
Change in valuation allowance for unbenefitted losses		6.6	%		1.5	%		2.8	%
Effective tax rate		35.4	%		35.5	%		37.3	%

Schedule of tax effect of temporary items that give rise to significant portions of deferred tax assets and liabilities

	2011			2010
Deferred tax assets:
Accounts receivable	$	—		$	0.8
Accrued expenses		6.1			5.1
Compensation		8.2			4.3
Investments		4.2			2.5
Inventory		—			2.6
Deferred revenue		4.4			4.3
Net operating loss carryforwards		15.3			15.5
Capital loss carryforwards		0.3			4.3
Foreign tax and other tax credit carryforwards		14.8			8.0
Foreign statutory reserves		4.9			3.6
Warranty reserve		2.9			5.3
Other		1.3			2.0
Gross deferred tax assets		62.4			58.3
Less valuation allowance		(33.7	)		(37.2	)
Total deferred tax assets		28.7			21.1
Deferred tax liabilities:
Accounts receivable		1.0			0.5
Fixed assets		4.0			4.0
Foreign statutory reserves		12.5			18.2
Investments		2.5			—
Inventory		0.6			1.3
Intangibles		7.6			—
Accrued expenses		3.8			0.8
Other		3.0			3.2
Total deferred tax liabilities		35.0			28.0
Net deferred tax liability	$	(6.3	)	$	(6.9	)

Tabular reconciliation of beginning and ending amount of unrecognized tax benefits

Gross unrecognized tax benefits at December 31, 2009	$	23.2
Gross increases—tax positions in prior periods		3.1
Gross decreases—tax positions in prior periods		(1.4	)
Gross increases—current period tax positions		2.1
Gross unrecognized tax benefits at December 31, 2010		27.0
Gross increases—tax positions in prior periods		5.5
Gross decreases—tax positions in prior periods		(0.6	)
Gross increases—current period tax positions		3.1
Gross decreases—current period tax positions		(0.4	)
Gross unrecognized tax benefits at December 31, 2011	$	34.6