10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2012

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                     

Commission File Number 001-33337

COLEMAN CABLE, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware	36-4410887
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

1530 Shields Drive, Waukegan, Illinois 60085

(Address of Principal Executive Offices)

(847) 672-2300

(Registrant’s Telephone Number, including Area Code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    x  Yes    ¨  No

Indicate by check mark whether the registrant has submitted electronically and posted on its Web Site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    x  Yes    ¨  No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	¨	Accelerated filer	x
Non-accelerated filer	¨  (Do not check if a smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    ¨  Yes    x  No

Common shares outstanding as of August 2, 2012: 17,791,251

INDEX

	Page
PART I. FINANCIAL INFORMATION		3
Item 1. Financial Statements (unaudited)		3
Condensed Consolidated Statements of Income for the three and six months ended June  30, 2012 and 2011		3
Condensed Consolidated Statements of Comprehensive Income for the three and six months ended June  30, 2012 and 2011		4
Condensed Consolidated Balance Sheets as of June 30, 2012 and December 31, 2011		5
Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2012 and 2011		6
Condensed Consolidated Statements of Changes in Shareholders’ Equity for the six months ended June 30, 2012 and 2011		7
Notes to Condensed Consolidated Financial Statements		8
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations		28
Item 3. Quantitative and Qualitative Disclosures about Market Risk		39
Item 4. Controls and Procedures		39
PART II. OTHER INFORMATION		40
Item 1. Legal Proceedings		40
Item 1A. Risk Factors		40
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds		40
Item 6. Exhibits		40
Signatures		40
Exhibit Index		41

2

PART I. FINANCIAL INFORMATION

ITEM  1. Financial Statements

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Thousands, except per share data)

(unaudited)

	Three Months Ended June  30,						Six Months Ended June  30,
	2012			2011			2012		2011
NET SALES	$	231,232		$	219,850		$	451,723	$	425,651
COST OF GOODS SOLD		195,249			187,609			385,070		363,384
GROSS PROFIT		35,983			32,241			66,653		62,267
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		15,744			17,642			31,474		31,494
INTANGIBLE ASSET AMORTIZATION		1,742			1,749			3,566		3,332
RESTRUCTURING CHARGES		23			195			356		195
OPERATING INCOME		18,474			12,655			31,257		27,246
INTEREST EXPENSE		7,023			7,126			14,045		14,098
GAIN ON AVAILABLE FOR SALE SECURITIES		—			(753	)		—		(753	)
OTHER (INCOME) LOSS		(71	)		45			3		(86	)
INCOME BEFORE INCOME TAXES		11,522			6,237			17,209		13,987
INCOME TAX EXPENSE		3,893			1,861			5,853		4,384
NET INCOME	$	7,629		$	4,376		$	11,356	$	9,603
EARNINGS PER COMMON SHARE DATA
NET INCOME PER SHARE:
Basic	$	0.44		$	0.25		$	0.66	$	0.55
Diluted		0.44			0.25			0.65		0.55
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic		17,086			17,131			17,072		17,105
Diluted		17,309			17,374			17,308		17,311
CASH DIVIDENDS DECLARED PER COMMON SHARE	$	0.02		$	—		$	0.02	$	—

See notes to condensed consolidated financial statements.

3

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Thousands)

(unaudited)

	Three Months Ended June  30,						Six Months Ended June  30,
	2012			2011			2012			2011
NET INCOME	$	7,629		$	4,376		$	11,356		$	9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax of $76 and $(127), $9 and $(143), respectively		(233	)		126			(48	)		398
Unrealized investment gain, net of tax of $—, $8, $—, $424, respectively		—			(741	)		—			(89	)
Pension adjustments, net of tax of $—, $(1), $—, $2, respectively		—			(2	)		—			4
OTHER COMPREHENSIVE INCOME (LOSS)		(233	)		(617	)		(48	)		313
COMPREHENSIVE INCOME	$	7,396		$	3,759		$	11,308		$	9,916

See notes to condensed consolidated financial statements.

4

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Thousands, except share data)

	June 30, 2012			December 31, 2011
	(unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	5,468		$	9,746
Accounts receivable, net of allowances of $3,157 and $2,811, respectively		127,489			120,567
Inventories		122,597			108,689
Deferred income taxes		3,378			3,355
Assets held for sale		546			546
Prepaid expenses and other current assets		9,213			10,288
Total current assets		268,691			253,191
PROPERTY, PLANT AND EQUIPMENT, NET		77,051			58,957
GOODWILL		66,406			56,724
INTANGIBLE ASSETS, NET		41,793			28,340
DEFERRED INCOME TAXES		256			376
OTHER ASSETS		7,367			8,148
TOTAL ASSETS	$	461,564		$	405,736
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	167		$	166
Accounts payable		21,514			29,081
Accrued liabilities		32,171			35,762
Total current liabilities		53,852			65,009
LONG-TERM DEBT		357,381			302,935
OTHER LONG-TERM LIABILITIES		2,746			3,194
DEFERRED INCOME TAXES		7,579			6,503
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:
Common stock, par value $0.001; 75,000 authorized; 17,086 and 16,939 issued and outstanding on June 30, 2012 and December 31, 2011, respectively		17			17
Treasury stock, at cost: 352 and 320 shares, respectively		(3,086	)		(2,789	)
Additional paid-in capital		94,123			92,871
Accumulated deficit		(50,815	)		(61,819	)
Accumulated other comprehensive loss		(233	)		(185	)
Total shareholders’ equity		40,006			28,095
TOTAL LIABILITIES AND EQUITY	$	461,564		$	405,736

See notes to condensed consolidated financial statements.

5

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Thousands)

(unaudited)

	Six Months Ended June 30,
	2012			2011
CASH FLOW FROM OPERATING ACTIVITIES:
Net income	$	11,356		$	9,603
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation and amortization		11,236			9,952
Stock-based compensation		712			3,519
Foreign currency transaction loss (gain)		3			(86	)
Gain on available for sale securities		—			(753	)
Excess tax benefits from stock-based compensation		(625	)		—
Deferred taxes		1,328			(2,577	)
Gain on disposal of fixed assets		(41	)		(5	)
Changes in operating assets and liabilities:
Accounts receivable		(4,322	)		(15,388	)
Inventories		(11,680	)		(23,856	)
Prepaid expenses and other assets		1,231			546
Accounts payable		(6,708	)		8,421
Accrued liabilities		(5,103	)		(4,095	)
Net cash flow from operating activities		(2,613	)		(14,719	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(23,138	)		(5,054	)
Proceeds from sale of fixed assets		24			8
Acquisition of businesses, net of cash acquired		(32,842	)		(58,681	)
Net cash flow from investing activities		(55,956	)		(63,727	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facility		253,028			89,560
Repayments under revolving loan facility		(198,723	)		(39,196	)
Payment of deferred financing fees		—			(49	)
Repayment of long-term debt		(83	)		(4	)
Treasury stock purchases		(297	)		—
Excess tax benefits from stock-based compensation		625			—
Proceeds from option exercises		—			67
Dividends paid		(352	)		—
Net cash flow from financing activities		54,198			50,378
Effect of exchange rate changes on cash and cash equivalents		93			315
DECREASE IN CASH AND CASH EQUIVALENTS		(4,278	)		(27,753	)
CASH AND CASH EQUIVALENTS — Beginning of period		9,746			33,454
CASH AND CASH EQUIVALENTS — End of period	$	5,468		$	5,701
NONCASH ACTIVITY
Unpaid capital expenditures		90			1,502
Unpaid business acquisition consideration		—			542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net		1,647			5,880
Cash interest paid		13,222			13,090

See notes to condensed consolidated financial statements.

6

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY

(Thousands)

(unaudited)

	Common Stock Outstanding			Common Stock		Treasury Stock			Additional Paid-in Capital		Retained Earnings (Accumulated Deficit)			Accumulated Other Comprehensive Income (Loss)			Total
BALANCE — January 1, 2011		16,939		$	17	$	0		$	90,483	$	(79,260	)	$	(18	)	$	11,222
Stock awards		184			—		—			—		—			—			—
Stock options exercised		2			—		—			—		—			—			—
Comprehensive income		—			—		—			—		9,603			313			9,916
Stock-based compensation		—			—		—			940		—			—			940
BALANCE — June 30, 2011		17,125		$	17	$	0		$	91,423	$	(69,657	)	$	295		$	22,078
BALANCE — January 1, 2012		16,939		$	17	$	(2,789	)	$	92,871	$	(61,819	)	$	(185	)	$	28,095
Stock awards		179			—		—			—		—			—			—
Comprehensive income		—			—		—			—		11,356			(48	)		11,308
Dividends paid		—			—		—			—		(352	)		—			(352	)
Treasury shares repurchased		(32	)		—		(297	)		—		—			—			(297	)
Stock-based compensation		—			—		—			1,252		—			—			1,252
BALANCE — June 30, 2012		17,086		$	17	$	(3,086	)	$	94,123	$	(50,815	)	$	(233	)	$	40,006

See notes to condensed consolidated financial statements.

7

COLEMAN CABLE, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Thousands, except per share data)

(unaudited)

1. BASIS OF PRESENTATION

The accompanying condensed consolidated financial statements include Coleman Cable, Inc. and all of its subsidiaries (the “Company,” “Coleman,” “we,” “us,” or “our”). The condensed consolidated financial statements included herein are unaudited. The preparation of the condensed consolidated financial statements is in conformity with the rules and regulations of the Securities and Exchange Commission (the “SEC”) and in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules or regulations. The condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation in conformity with U.S. GAAP. All amounts are in thousands, unless otherwise indicated. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Form 10-K for the fiscal year ended December 31, 2011. The results of operations for the interim periods should not be considered indicative of results to be expected for the full year.

2. NEW ACCOUNTING PRONOUNCEMENTS

Accounting Standards Update No. 2011-04 – “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU No. 2011-04”)

ASU No. 2011-04 generally provides a uniform framework for fair value measurements and related disclosures between GAAP and IFRS. Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entity’s use of a nonfinancial asset that is different from the asset’s highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy. ASU 2011-04 was effective for interim and annual periods beginning on or after December 15, 2011. This update, which was effective for the first quarter of 2012, did not have a significant impact on the Company’s results of operations, financial position and cash flows.

Accounting Standards Update No. 2011-05 – “Comprehensive Income (Topic 220): Presentation of Comprehensive Income” (“ASU No. 2011-05”)

ASU No. 2011-05 amends existing guidance by allowing only two options for presenting the components of net income and other comprehensive income: (1) in a single continuous financial statement, statement of comprehensive income or (2) in two separate but consecutive financial statements, consisting of an income statement followed by a separate statement of other comprehensive income. ASU No. 2011-05 requires retrospective application, and was effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. The Company adopted this standard during the first quarter of 2012. The Company has presented comprehensive income using two separate financial statements for 2012.

Accounting Standards Update No. 2011-08 – “Intangibles – Goodwill and Other (Topic 350): Testing Goodwill for Impairment” (“ASU No. 2011-08”)

ASU No. 2011-08 amends existing guidance by permitting an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC 350. The more-likely-than-not threshold is defined as having a likelihood of more than 50 percent. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. ASU No. 2011-08 was effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. This update, which was effective for the first quarter of 2012, did not have a significant impact on the Company’s results of operations, financial position, and cash flows.

Accounting Standards Update No. 2011-11 – “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities” (“ASU No. 2011-11”)

8

ASU No. 2011-11 amends existing guidance by enhancing disclosures required by U.S. GAAP by requiring improved information about financial instruments and derivative instruments that are either (1) offset in accordance with either Section 201-20-45 or Section 815-10-45 or (2) subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either Section 210-20-45 or Section 815-10-45. This information will enable users of an entity’s financial statements to evaluate the effect or potential effect of netting arrangements on an entity’s financial position, including the effect or potential effect of rights of setoff associated with certain derivatives, sale and repurchase agreements and reverse sale repurchase agreements, and securities borrowing and securities lending arrangements. ASU No. 2011-11 requires retrospective application, and it is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The Company is currently evaluating the impact ASU No. 2011-11 will have on its financial statements but does not expect it to have a material impact on the Company’s results of operations, financial position and cash flows.

Accounting Standards Update No. 2011-12 – “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05” (“ASU No. 2011-12”)

ASU No. 2011-12 defers the changes in ASU No. 2011-05 that relate to the presentation of items reclassified from other comprehensive income to net income. The Financial Accounting Standards Board is still considering the operational concerns about the presentation requirements for these reclassification adjustments and the needs of financial statement users for additional information about reclassification adjustments. During this time, entities should continue to report reclassifications out of accumulated other comprehensive income consistent with the presentation requirements in effect before ASU No. 2011-05. All other requirements from ASU No. 2011-05 remain the same, which the Company has adopted during this reporting period.

3. ACQUISITIONS

2012 Acquisition – Watteredge

On May 31, 2012 Coleman, through a 100%-owned subsidiary, completed the acquisition of most of the operating assets (and assumed certain liabilities) of Watteredge, Inc., an Ohio corporation that designs, manufactures and sells secondary power connectors, including electric arc furnace cables, resistance welding cables, industrial high-performance copper bus and accessories, and other high performance power conduction devices and accessories. Watteredge serves the steel, chemical, chlorine, power generation, fiberglass and automotive industries and sells its products and services worldwide. Coleman retained Watteredge’s workforce and has continued all of Watteredge’s production at its current manufacturing plant in Avon Lake, Ohio.

The acquisition of the assets of Watteredge, whose sales were nearly $25,000 for 2011, was structured as an all-cash transaction valued at approximately $33,674 (equal to a $35,000 preliminary purchase price adjusted by a $1,326 working capital adjustment). The transaction was funded with proceeds from Coleman's revolving credit facility. Watteredge has been included as a component of our Engineered Solutions segment reported herein.

2011 Acquisitions

During the second quarter of 2011, we utilized cash on hand, as well as borrowings under our credit facility to complete three business combinations (collectively, the “2011 Acquisitions”), as set forth below. Each of these 2011 Acquisitions was structured as a cash transaction, with aggregate consideration totaling $68,900. As discussed below, $2,331 of the TRC (as defined below) consideration consisted of our previously existing ownership interest.

Acquisition of the Assets of The Designers Edge (“DE”)

On April 1, 2011, we acquired certain assets of DE, a leading designer and distributor of specialty lighting products in the U.S. and Canada. The total purchase price for the assets acquired, primarily trade receivables and merchandise inventories, was $10,092. The acquisition of DE’s assets has significantly expanded our product portfolio across a wide range of lighting product categories, including industrial, work and utility, as well as products for security and landscape applications. We fully integrated the acquired assets of DE into our existing Distribution segment during the second quarter of 2011.

Acquisition of the Assets of First Capitol Wire and Cable (“FCWC”) and Continental Wire and Cable (“CWC”)

On April 29, 2011, we acquired the assets of FCWC and CWC, both of which were privately-held entities based in York, Pennsylvania, with CWC being a 100%-owned subsidiary of FCWC. These two entities are leading manufacturers of industrial wire and cable products used across a number of commercial, utility and industrial end-markets. The total purchase price for the assets acquired, primarily merchandise inventories and production equipment, was $7,298. The acquisition of the assets of FCWC and CWC allowed us to expand our capabilities, product offerings and capacity for producing a wide assortment of high-quality industrial cables. We fully integrated the assets of FCWC and CWC into our existing operations during the second quarter of 2011.

9

Acquisition of Technology Research Corporation (“TRC”)

On May 16, 2011, we completed the acquisition of 100% of the outstanding stock of TRC, pursuant to a merger agreement under which each outstanding share of TRC common stock was converted into the right to receive $7.20 per share payable in cash. TRC is a recognized leader in providing cost effective engineered solutions for applications involving power management and control, intelligent battery systems technology and electrical safety products based on proven ground fault sensing and Fire Shield^® technology. These products are designed, manufactured and distributed to the consumer, commercial and industrial markets worldwide. TRC also supplies power monitors and control equipment to the United States military and its prime contractors. We believe the TRC acquisition both strengthens and diversifies our overall portfolio. The total purchase price consideration for TRC was $51,510, including the acquisition-date fair value of an approximate 4.8% interest in TRC’s common stock acquired by Coleman prior to submitting its acquisition proposal for TRC.

We integrated a portion of TRC’s legacy business into our Distribution segment during 2011. The remainder of TRC’s legacy business, its military and specialty vehicle business, is a component of the Engineered Solutions segment reported herein.

Each of the above acquisitions has been included in our condensed consolidated financial statements, including our results of operations, beginning from each respective acquisition date. Accordingly, the condensed consolidated statements of income for the three and six months ended June 30, 2012 includes the full impact of operations for the assets acquired in connection with the 2011 Acquisitions, but only one month of results for Watteredge. The condensed consolidated statements of income for the three and six months ended June 30, 2011 includes three months of operations for the assets acquired in connection with the DE acquisition, approximately two months of operations for the assets acquired in connection with the FCWC and CWC acquisition, and approximately six weeks of operations related to TRC.

We incurred acquisition-related costs, including outside legal, consulting and other fees, of $364 and $366 for the three and six months ended June 30, 2012, respectively. We incurred acquisition-related costs, including outside legal, consulting and other fees, of $1,677 and $2,578 for the three and six months ended June 30, 2011, respectively. These costs have been recorded as a component of selling, general and administrative expenses in our condensed consolidated statements of income.

Purchase Price Allocations

Each of the above acquisitions was accounted for under the purchase method of accounting. Accordingly, we have allocated the purchase price for each acquisition to the net assets acquired based on the related estimated fair values at each respective acquisition date. The expected long-term growth, increased market position and expected synergies to be generated from the acquisitions are the primary factors which gave rise to acquisition prices for each of the acquisitions which resulted in the recognition of goodwill.

The purchase price allocations for the 2011 Acquisitions have been finalized. At the end of the first quarter of 2012, we finalized our purchase accounting for DE as certain purchase price and other matters relative to this acquisition were resolved. As a result, the total purchase price was lowered by $833, with a corresponding reduction in the goodwill recorded with respect to this acquisition. The purchase price allocation for the Watteredge acquisition has been determined provisionally and is subject to revision as additional information about the fair value of individual assets and liabilities becomes available. Accordingly, the provisional measurement of accounts receivable, inventories, property, plant and equipment, intangible assets, current liabilities, taxes, and goodwill are subject to change. Any change in the acquisition date fair value of the acquired net assets will change the amount of the purchase price allocable to goodwill.

10

The table below summarizes the final allocations of purchase price related to the 2011 Acquisitions and the provisional allocation of purchase price related to the Watteredge acquisition.

	2011 Acquisitions
	DE		FCWC and CWC			TRC			Watteredge
Cash and cash equivalents	$	—	$	—		$	8,180		$	—
Accounts receivable		2,123		—			4,073			2,720
Income tax receivable		—		—			1,077			—
Inventories		3,129		1,631			8,794			2,249
Prepaid expenses and other current assets		—		44			314			59
Property, plant and equipment		157		3,687			4,668			3,363
Other assets		—		—			33			—
Deferred income tax asset		18		288			309			—
Intangible assets		2,115		1,200			8,287			17,020
Goodwill		2,550		696			23,541			10,664
Total assets acquired		10,092		7,546			59,276			36,075
Current liabilities		—		—			(4,515	)		(2,401	)
Deferred income tax liability		—		(248	)		(3,251	)		—
Total liabilities assumed		—		(248	)		(7,766	)		(2,401	)
Net assets acquired	$	10,092	$	7,298		$	51,510		$	33,674

A total of approximately $16,197 of goodwill is deductible for income tax purposes of which $10,664 is attributable to Watteredge. All of the goodwill of DE, FCWC, and CWC has been assigned to our Distribution segment. TRC goodwill has been allocated between our Distribution and Engineered Solutions segments. Watteredge goodwill has been allocated to our Engineered Solutions segment.

The purchase price allocation to identifiable intangible assets, which are all amortizable, along with their respective weighted-average amortization periods at the acquisition date are as follows:

	Weighted- Average Amortization Period		2011 Acquisitions
			DE		FCWC and CWC		TRC		Watteredge
Customer relationships		6	$	900	$	600	$	1,460	$	9,000
Trademarks and trade names		6		610		600		1,450		6,600
Developed technology		3		560		—		2,000		970
Contractual agreements		3		—		—		2,900		—
Non-competition agreements		2		45		—		80		—
Backlog		1		—		—		340		450
Other		6		—		—		57		—
Total intangible assets			$	2,115	$	1,200	$	8,287	$	17,020

Unaudited Selected Pro Forma Financial Information

The following unaudited pro forma financial information summarizes our estimated combined results of operations assuming that our only material business combination consummated, TRC, which was during the second quarter of 2011 had taken place on January 1, 2010. The unaudited pro forma combined results of operations were prepared using historical financial information of TRC, and we make no representation with respect to the accuracy of such information. The pro forma combined results of operations reflect adjustments for interest expense, depreciation adjustments based on the fair value of acquired property, plant and equipment, amortization of acquired identifiable intangible assets, income tax expense, and excludes acquisition costs. The unaudited pro forma information is presented for informational purposes only and does not include any anticipated cost savings or other effects of integration, nor do they purport to be indicative of the results of operations that actually would have resulted had the acquisition of TRC occurred on the date indicated or may result in the future.

	Three Months Ended June 30,		Six Months Ended June 30,
	2011		2011
Net sales	$	223,856	$	438,795
Net income		2,172		9,010

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4. RESTRUCTURING ACTIVITIES

We incurred restructuring costs of $23 and $356 during the second quarter and first half of 2012, respectively, and $195 for the second quarter and first half of 2011. For 2012, the majority of these charges related to costs incurred at facilities closed in prior years, currently consisting of two leased and one owned facility for which we continue to pay holding costs. For 2011, the majority of restructuring costs were for severance costs at TRC.

Our restructuring reserve was $1,654 as of June 30, 2012, recorded within accrued liabilities and other long-term liabilities, comprised of $84 in a severance and other closing costs accrual, with the balance in the reserve representing our estimate of the remaining liability existing relative to two closed properties under lease and which is equal to our remaining obligation under such lease reduced by estimated sublease rental income reasonably expected for the property. Accordingly, the liability may be increased or decreased in future periods as facts and circumstances change, including possible negotiation of a lease termination, sublease agreement, or changes in the related market in which the property is located. Restructuring expense is not segregated by reportable segment as our operating segments share common production processes and manufacturing facilities, as discussed in Note 17 below.

	Lease Termination Costs			Severance & Other Closing Costs			Total
BALANCE — December 31, 2011	$	2,324		$	815		$	3,139
Provision		(24	)		380			356
Cash payments		(730	)		(1,111	)		(1,841	)
BALANCE — June 30, 2012	$	1,570		$	84		$	1,654

In May 2012, we announced plans to close our manufacturing facility in Texarkana, Arkansas. As planned, we ceased all production at the facility in July of 2012 and will recognize approximately $800 to $1,000 in closing-related costs primarily consisting of severance and equipment-moving costs. Most of these costs will be incurred in the third and fourth quarters of 2012. The operations of this facility have been moved to other existing manufacturing facilities, supplemented by foreign-sourcing of certain products.

5. INVENTORIES

Inventories consisted of the following:

	June 30, 2012		December 31, 2011
FIFO cost:
Raw materials	$	46,320	$	39,209
Work in progress		4,643		3,853
Finished products		71,634		65,627
Total	$	122,597	$	108,689

6. ACCRUED LIABILITIES

Accrued liabilities consisted of the following:

	June 30, 2012		December 31, 2011
Salaries, wages and employee benefits	$	7,690	$	8,825
Sales incentives		7,280		10,460
Interest		9,466		9,382
Other		7,735		7,095
Total	$	32,171	$	35,762

7. DEBT

	June 30, 2012			December 31, 2011
Revolving Credit Facility	$	84,305		$	30,000
Senior Notes due 2018, including unamortized discount of $2,510 and $2,735, respectively		272,489			272,265
Capital lease obligations		754			836
		357,548			303,101
Less current portion		(167	)		(166	)
Long-term debt	$	357,381		$	302,935

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Senior Secured Revolving Credit Facility

Our $250,000, five-year revolving credit facility agreement with an accordion feature that allows us to increase our borrowings by an additional $50,000 (the “Revolving Credit Facility”), which expires on October 1, 2016, is an asset-based loan facility, with a $20,000 Canadian facility sublimit, and which is secured by substantially all of our assets, as further detailed below. We incurred $1,500 in fees and direct costs related to negotiating the Revolving Credit Facility. These respective fees and costs are being amortized over the life of the revolver. At June 30, 2012, we had $84,305 in borrowings under the facility, with $81,389 in remaining excess availability. At December 31, 2011, we had $30,000 in borrowings under the credit facility, with $120,288 in remaining excess availability. The $84,305 in borrowings under the Revolving Credit Facility approximate fair value of such debt at June 30, 2012 (Level 2).

The interest rate charged on borrowings under the Revolving Credit Facility is based on our election of either the base rate (greater of the federal funds rate plus 0.50% and the lender’s prime rate) plus a range of 0.25% to 0.75% or the Eurodollar rate plus a range of 1.50% to 2.00%, in each case based on quarterly average excess availability under the Revolving Credit Facility. In addition, we pay an unused line fee of between 0.25% and 0.50% based on quarterly average excess availability pursuant to the terms of the Revolving Credit Facility.

Pursuant to the terms of the Revolving Credit Facility, we are required to maintain a fixed charge covenant ratio of not less than 1.0 to 1.0 for any month during which our excess availability under the Revolving Credit Facility falls below $30,000. Borrowing availability under the Revolving Credit Facility is limited to the lesser of (1) $250,000 or (2) the sum of 85% of eligible accounts receivable, 70% of eligible inventory, with a maximum amount of borrowing-base availability which may be generated from inventory of $150,000 for the U.S. portion and $12,000 Canadian for the Canadian portion, and an advance rate to be 75% of certain appraised real estate and 85% of certain appraised equipment and capped at $62,500, with a $15,000 sublimit for letters of credit. Our current availability does not include additional availability that may be generated by adding real estate and certain equipment to the borrowing base.

The Revolving Credit Facility is guaranteed by CCI International Inc. (“CCI International”), TRC (excluding TRC’s 100%-owned foreign subsidiary, TRC Honduras, S.A. de C.V.) and Patco Electronics (“Patco”), each of which are 100%-owned domestic subsidiaries, and is secured by substantially all of our assets and the assets of each of CCI International, TRC and Patco, including accounts receivable, inventory and any other tangible and intangible assets (including real estate, machinery and equipment and intellectual property) as well as by a pledge of all the capital stock of CCI International, TRC and Patco and 65% of the capital stock of our Canadian foreign subsidiary, but not our Chinese 100%-owned entity.

As of June 30, 2012, we were in compliance with all of the covenants of our Revolving Credit Facility.

9% Senior Notes due 2018 (the “Senior Notes”)

Our Senior Notes were issued at a discount in 2010, resulting in proceeds of less than par value. This discount is being amortized to par value over the remaining term of the Senior Notes. As of June 30, 2012, we were in compliance with all of the covenants of our Senior Notes.

	June 30, 2012
Senior Notes
Face Value	$275,000
Fair Value (Level 1)	$285,313
Interest Rate	9%
Interest Payment	Semi-Annually February 15th and August 15th
Maturity Date	February 15, 2018
Guarantee	Jointly and severally guaranteed fully and unconditionally by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC
Optional redemption (1)(2)
	Beginning Date	Percentage
	February 15, 2014	104.50%
	February 15, 2015	102.25%
	February 15, 2016	100.00%

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(1) The Company may, at its option, redeem the Senior Notes, in whole at any time or in part from time to time, on or after the above-noted dates and at the above-noted percentages of the principal amount thereof (plus interest due).

(2) In addition, the Company may, at its option, use the net cash proceeds from a public equity offering, to redeem up to 35% of the aggregate principal amount of the Senior Notes at a redemption price equal to 109.00% of the principal amount, plus accrued and unpaid interest if completed before February 15, 2013.

8. EARNINGS PER SHARE

We compute earnings per share using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and participating securities. Our participating securities are our grants of restricted stock, as such awards contain non-forfeitable rights to dividends. Security holders are not obligated to fund the Company’s losses, and therefore, participating securities are not allocated a portion of these losses in periods where a net loss is recorded. As of June 30, 2012 and 2011, the impact of participating securities on net income allocated to common shareholders and the dilutive effect of share-based awards outstanding on weighted average shares outstanding was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
Components of Basic and Diluted Earnings per Share	2012			2011			2012			2011
Basic EPS Numerator:
Net income	$	7,629		$	4,376		$	11,356		$	9,603
Less: Earnings allocated to participating securities		(70	)		(71	)		(104	)		(156	)
Net income allocated to common shareholders	$	7,559		$	4,305		$	11,252		$	9,447
Basic EPS Denominator:
Weighted average shares outstanding		17,086			17,131			17,072			17,105
Basic earnings per common share	$	0.44		$	0.25		$	0.66		$	0.55
Diluted EPS Numerator:
Net income	$	7,629		$	4,376		$	11,356		$	9,603
Less: Earnings allocated to participating securities		(70	)		(70	)		(104	)		(154	)
Net income allocated to common shareholders	$	7,559		$	4,306		$	11,252		$	9,449
Diluted EPS Denominator:
Weighted average shares outstanding		17,086			17,131			17,072			17,105
Dilutive common shares issuable upon exercise of stock options		223			243			236			206
Diluted weighted average shares outstanding		17,309			17,374			17,308			17,311
Diluted earnings per common share	$	0.44		$	0.25		$	0.65		$	0.55

Options

Options with respect to 771 common shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2012, respectively, because they were antidilutive. Options with respect to 774 common shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2011, respectively, because they were antidilutive.

9. SHAREHOLDERS’ EQUITY

Stock-Based Compensation

The Company has a stock-based compensation plan for its directors, executives and certain key employees under which the grant of stock options and other share-based awards is authorized. We recorded $114 and $712 in stock compensation expense for the three and six months ended June 30, 2012, respectively, compared to $2,342 and $3,519 for the three and six months ended June 30, 2011, respectively. The wide fluctuations in stock-based compensation expense recorded for the second quarter and first six months of 2012, as compared to the same periods in 2011, are a function of the accounting required for the cash-settled portion of our performance-based share awards, as further explained below in the “Stock Awards” section.

Stock Options

No stock options were issued during the first six months of 2012 and 2011.

Changes in stock options were as follows:

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	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Terms		Aggregate Intrinsic Value
Outstanding January 1, 2012		1,391	$	11.07		5.8	$	2,012
Granted		—		—		—		—
Exercised		—		—				—
Forfeited or expired		—		—		—		—
Outstanding June 30, 2012		1,391		11.07		5.3		2,006
Vested or expected to vest		1,374		11.15		5.3		1,935
Exercisable		520		5.65		6.3		1,536

Intrinsic value for stock options is defined as the difference between the current market value of the Company’s common stock and the exercise price of the stock option. When the current market value is less than the exercise price, there is no aggregate intrinsic value.

Stock Awards

In January 2012, the Company awarded unvested common shares to members of its Board of Directors. In total, non-management board members were awarded 55 unvested shares with an approximate aggregate fair value of $500. One-third of the shares vest on the first, second and third anniversary of the grant date. These awarded shares are participating securities which provide the recipient with both voting rights and, to the extent dividends, if any, are paid by the Company, non-forfeitable dividend rights with respect to such shares.

Changes in nonvested shares for the first half of 2012 were as follows:

	Shares			Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2012		682		$	4.28
Granted		55			9.06
Vested		(179	)		4.16
Forfeited		—			—
Nonvested at June 30, 2012		558		$	4.79

In the first quarter of 2010, 517 performance shares were granted to certain members of management, which are convertible to stock, on a one-to-one basis, contingent upon future stock price performance. If, at any time up to ten years after the date of grant, the Company’s common stock attains three separate incrementally increasing stock price goals beginning with a price representing approximately 350% of the average stock price on the date of grant, a portion of the awards will vest. On July 7, 2011, the first tranche of shares reached their vesting price. As a result, 117 shares of common stock were issued on the respective date.

In addition, in the first quarter of 2010, 258 performance shares were granted to certain members of management, which are settled in cash rather than stock. If, at any time up to ten years after the date of grant, the Company’s common stock attains three separate incrementally increasing stock price goals beginning with a price representing approximately 350% of the average stock price on the date of grant, a portion of the awards will vest. On July 7, 2011, the first tranche of these shares reached their vesting price. Accordingly, the equivalent of 58 shares of common stock were paid in cash on the respective date. The cash-settled shares are re-measured each balance sheet date using a Monte Carlo model and recorded as a liability. Any increase in the value of such awards followed by a subsequent decrease will result in the reversal of stock compensation expense, as was the case in the second quarter of 2012. During the second quarter, these cash-settled shares were measured using an assumption of 87.9% volatility, and a risk-free rate of 1.24%, resulting in an estimated aggregate fair value of approximately $2,437, which is recorded to the stock compensation liability over the estimated derived service period (also estimated using a Monte Carlo model), which was approximately 0.8 years as of June 30, 2012.

Treasury Stock

On August 3, 2011, our Board of Directors authorized the purchase of up to 500 shares of the Company’s common stock in open market or privately-negotiated transactions. The repurchase plan expires in August 2013. To date, we have purchased 352 shares pursuant to this repurchase program. There can be no assurance that any additional share purchases will be made. The number of shares actually purchased in future periods will depend on various factors, including limitations imposed by the Company’s debt instruments, the price of our common stock, overall market and business conditions, and management’s assessment of competing alternatives for capital deployment. We repurchased 23 and 32 shares at a total cost of $199 and $297, including commissions, of common stock during the three and six months ended June 30, 2012, respectively, including shares repurchased from employees of the Company that were withheld to satisfy tax withholding obligations due upon vesting of a restricted stock award.

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Cash Dividends

On May 1, 2012, our Board of Directors declared a quarterly dividend of $0.02 per common share, payable on May 30, 2012, to stockholders of record as of the close of business on May 15, 2012. The amount paid was $352.

On August 2, 2012, our Board of Directors declared a quarterly dividend of $0.02 per common share, payable on August 31, 2012, to stockholders of record as of the close of business on August 15, 2012. Future declarations of quarterly dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.

10. RELATED PARTIES

We lease our corporate office facility from certain members of our Board of Directors and executive management, and we made rental payments of $103 and $206 for the three and six months ended June 30, 2012, respectively. We made rental payments of $134 and $268 for our corporate office facility for the three and six months ended June 30, 2011, respectively. In addition, we leased three manufacturing facilities from an entity in which one of our executive officers has a minority interest, and we recorded expense of $330 and $591 for the three and six months ended June 30, 2011, respectively. We purchased these three manufacturing facilities for $6,505 in the first quarter of 2012.

11. COMMITMENTS AND CONTINGENCIES

Operating Leases

We lease certain of our buildings, machinery and equipment under lease agreements that expire at various dates over the next ten years. Rental expense under operating leases was $1,298 and $2,628 for the three and six months ended June 30, 2012, respectively, and was $1,596 and $3,076 for the three and six months ended June 30, 2011, respectively.

Legal Matters

We are party to one environmental claim. The Leonard Chemical Company Superfund site consists of approximately 7.1 acres of land in an industrial area located a half mile east of Catawba, York County, South Carolina. The Leonard Chemical Company operated this site until the early 1980s for recycling of waste solvents. These operations resulted in the contamination of soils and groundwater at the site with hazardous substances. In 1984, the U.S. Environmental Protection Agency (the “EPA”) listed this site on the National Priorities List. Riblet Products Corporation, with which the Company merged in 2000, was identified through documents as a company that sent solvents to the site for recycling and was one of the companies receiving a special notice letter from the EPA identifying it as a party potentially liable under the Comprehensive Environmental Response, Compensation, and Liability Act for cleanup of the site.

In 2004, along with other “potentially responsible parties” (“PRPs”), we entered into a Consent Decree with the EPA requiring the performance of a remedial design and remedial action (“RD/RA”) for this site. We have entered into a Site Participation Agreement with the other PRPs for fulfillment of the requirements of the Consent Decree. Under the Site Participation Agreement, we are responsible for 9.19% share of the costs for the RD/RA. As of June 30, 2012 and December 31, 2011, we had a $407 and $341 accrual, respectively, recorded for this liability.

Though no assurances are possible, we believe that our accruals represent our probable obligation related to the environmental litigation and other claims, and are sufficient and that these items and our rights to available insurance and indemnity will be resolved without material effect on our financial position, results of operations or cash flows.

12. DERIVATIVES

We are exposed to certain commodity price risks including fluctuations in the price of copper. From time-to-time, we enter into copper futures contracts to mitigate the potential impact of fluctuations in the price of copper on our pricing terms with certain customers. We recognize all of our derivative instruments on our balance sheet at fair value, and record changes in the fair value of such contracts within cost of goods sold in the statement of operations as they occur unless specific hedge accounting criteria are met. We had no hedge positions at June 30, 2012 to which hedge accounting was applied. Cash settlements related to derivatives are included in the operating section of the condensed consolidated statement of cash flows.

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	Contract Position (In Total Pounds)				Cash Collateral Posted		Fair Value
Commodity Derivatives	Long		Short				Asset (2)		Liability (3)
Copper futures contracts outstanding as of (1):
Period ended June 30, 2012		150		625	$	172	$	—	$	78
Period ended June 30, 2011		—		625	$	229	$	—	$	132

(1) All of our copper futures contracts mature in less than three months and are tied to the price of copper on the COMEX and, accordingly, the value of such futures contracts changes directly in relation thereto.

(2) Balance recorded in “Prepaid expenses and other current assets.”

(3) Balance recorded in “Accrued liabilities.”

As hedge accounting has not been applied to any of our open hedges for 2012 and 2011, no associated losses or gains have been recorded within OCI.

Derivatives Not Accounted for as Hedges Under the Accounting Rules	Gain Recognized in Income		Location of Gain Recognized in Income
Copper commodity contracts:
Three months ended June 30, 2012	$	71		Cost of goods sold
Three months ended June 30, 2011		45		Cost of goods sold
Six months ended June 30, 2012		24		Cost of goods sold
Six months ended June 30, 2011		307		Cost of goods sold

13. INCOME TAXES

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Effective Tax Rate		33.8	%		29.8	%		34.0	%		31.3	%

The increase in our tax rate for the three and six months ended June 30, 2012, as compared to the same respective periods of 2011, primarily reflects an increase in our pre-tax income in 2012 as well as a more favorable rate in 2011 resulting from the impact of a $753 non-taxable gain on our approximate 4.8% equity holdings in TRC at the time of the acquisition in May, 2011.

14. BENEFIT PLANS

Employee Savings Plan

We provide defined contribution savings plans for employees meeting certain age and service requirements. We currently make matching contributions for a portion of employee contributions to the plans. Including such matching contributions, we recorded expenses totaling $267 and $689 related to these savings plans during the three and six months ended June 30, 2012, respectively. We recorded expense of $248 and $559 for the three and six months ended June 30, 2011, respectively.

Riblet Pension Plan

As a result of its merger with Riblet Products Corporation (“Riblet”) in 2000, the Company is responsible for a defined-benefit pension plan of Riblet. The Riblet plan was frozen in 1990 and no additional benefits have been earned by plan participants since that time. A total of 81 former employees of Riblet currently receive or may be eligible to receive future benefits under the plan. The Company does not expect to make any plan contributions in 2012. The net periodic income for the three and six months ended June 30, 2012 was $14 and $28, respectively. For the three and six month periods ended June 30, 2011, we incurred net periodic expense of $8 and $16, respectively.

15. FAIR VALUE DISCLOSURE

Accounting guidance for fair value measurements specifies a hierarchy of valuation techniques based upon whether the inputs to those valuation techniques reflect assumptions other market participants would use based upon market data obtained from independent sources or reflect our own assumptions of market participant valuation. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:

Level 1 Inputs – Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

Level 2 Inputs – Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 Inputs – Level 3 inputs are unobservable inputs for the asset or liability.

17

As of the periods ending June 30, 2012 and December 31, 2011, we utilized Level 1 inputs to determine the fair value of cash and cash equivalents, derivatives, and equity securities.

We classify cash on hand and deposits in banks, including money market accounts, commercial paper, and other investments with an original maturity of three months or less, that we hold from time to time, as cash and cash equivalents. The primary objective of our investment activities is to preserve our capital for the purpose of funding operations.

Financial assets measured at fair value on a recurring basis are summarized below:

	Fair Value Measurement
	June 30, 2012								December 31, 2011
	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Assets:
Cash and Cash Equivalents	$	5,468	$	—	$	—	$	5,468	$	9,746	$	—	$	—	$	9,746
Derivative Assets, Inclusive of Collateral		94		—		—		94		108		—		—		108
Total	$	5,562	$	—	$	—	$	5,562	$	9,854	$	—	$	—	$	9,854

16. OTHER (INCOME) LOSS

We recorded other (income) loss of $(71) and $3 for the second quarter and first half of 2012, respectively, primarily reflecting the exchange rate impact on our Canadian subsidiary. We recorded other (income) loss of $45 and $(86) for the second quarter and first half of 2011, respectively, also reflecting the exchange rate impact.

17. BUSINESS SEGMENT INFORMATION

We have three reportable segments: (1) Distribution, (2) Original Equipment Manufacturers (“OEM”) and (3) Engineered Solutions (formerly “Other”). The Distribution segment serves our customers in distribution businesses, who are resellers of our products, while our OEM segment serves our OEM customers, who generally purchase more tailored products from us, which are used as inputs into subassemblies of manufactured finished goods. The Engineered Solutions segment, which was formerly reported as “Other,” contains that portion of TRC’s legacy business that has not been integrated into our Distribution segment, primarily TRC’s military and specialty vehicle business, as well as our Watteredge business, which was acquired in May 2012. The Other segment was re-labeled as our Engineered Solutions segment as a result of our having acquired Watteredge in May 2012 and management’s concurrent decision to report internally the collective operations of Watteredge and the non-integrated components of TRC. Therefore, the Engineered Solutions segment reflects the aggregation of immaterial other operating segments which produce highly engineered, customized product lines.

Financial data for the Company’s reportable segments is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Net Sales:
Distribution Segment	$	164,310		$	156,801		$	319,370		$	306,059
OEM Segment		56,327			59,500			114,242			116,043
Engineered Solutions		10,595			3,549			18,111			3,549
Total	$	231,232		$	219,850		$	451,723		$	425,651
Operating Income:
Distribution Segment	$	17,706		$	16,142		$	29,901		$	31,296
OEM Segment		5,047			5,356			9,646			10,325
Engineered Solutions		1,111			(124	)		1,827			(124	)
Total segments		23,864			21,374			41,374			41,497
Corporate		(5,390	)		(8,719	)		(10,117	)		(14,251	)
Consolidated operating income	$	18,474		$	12,655		$	31,257		$	27,246

18

The net sales and operating income amounts for 2011 as set forth in the above table reflect an immaterial restatement to account for a change made in the fourth quarter of 2011 to integrate a portion of TRC’s business into our Distribution Segment.

Distribution, OEM and, in certain cases, our Engineered Solutions segment, share common production processes, and manufacturing and distribution capacity. Accordingly, we do not identify all of our net assets to those segments. Thus, we do not report capital expenditures at the segment level. Additionally, depreciation expense is not allocated to those segments, but is included in manufacturing overhead cost pools and is absorbed into product cost (and inventory) as each product passes through our manufacturing work centers. Accordingly, as products are sold across those segments, it is impracticable to determine the amount of depreciation expense included in the operating results of each segment.

Segment operating income represents income from continuing operations before interest income or expense, other income or expense, and income taxes. Corporate consists of items not charged or allocated to the segments, including costs for employee relocation, discretionary bonuses, professional fees, restructuring expenses, asset impairments, and intangible amortization.

18. SUPPLEMENTAL GUARANTOR INFORMATION

The Senior Notes and the Revolving Credit Facility are instruments of the parent, and are reflected in their respective balance sheets. As of June 30, 2012, our payment obligations under the Senior Notes and the Revolving Credit Facility (see Note 7) were guaranteed by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC (excluding TRC’s 100%-owned foreign subsidiary, TRC Honduras, S.A. de C.V.) (the “Guarantor Subsidiaries”). Such guarantees are full, unconditional, and joint and several. The following unaudited supplemental financial information sets forth, on a combined basis, balance sheets, statements of income, statements of comprehensive income and statements of cash flows for Coleman Cable, Inc. (“Parent”) and the Guarantor Subsidiaries. The condensed consolidating financial statements have been prepared on the same basis as the condensed consolidated financial statements of Parent. The equity method of accounting is followed within this financial information.

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COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	207,199		$	8,609		$	20,103		$	(4,679	)	$	231,232
COST OF GOODS SOLD		176,065			6,561			17,302			(4,679	)		195,249
GROSS PROFIT		31,134			2,048			2,801			—			35,983
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		12,447			2,070			1,227			—			15,744
INTANGIBLE ASSET AMORTIZATION		1,176			340			226			—			1,742
RESTRUCTURING CHARGES		(15	)		41			(3	)		—			23
OPERATING INCOME (LOSS)		17,526			(403	)		1,351			—			18,474
INTEREST EXPENSE		7,008			—			15			—			7,023
OTHER INCOME, NET		—			—			(71	)		—			(71	)
INCOME (LOSS) BEFORE INCOME TAXES		10,518			(403	)		1,407			—			11,522
INCOME FROM SUBSIDIARIES		909			—			—			(909	)		—
INCOME TAX EXPENSE (BENEFIT)		3,798			(134	)		229			—			3,893
NET INCOME (LOSS)	$	7,629		$	(269	)	$	1,178		$	(909	)	$	7,629

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary		Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	213,376		$	—	$	16,489		$	(10,015	)	$	219,850
COST OF GOODS SOLD		183,989			—		13,635			(10,015	)		187,609
GROSS PROFIT		29,387			—		2,854			—			32,241
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		15,192			—		2,450			—			17,642
INTANGIBLE ASSET AMORTIZATION		1,345			—		404			—			1,749
RESTRUCTURING CHARGES		(8	)		—		203			—			195
OPERATING INCOME (LOSS)		12,858			—		(203	)		—			12,655
INTEREST EXPENSE		7,062			—		64			—			7,126
GAIN ON AVAILABLE FOR SALE SECURITIES		(753	)		—		—			—			(753	)
OTHER LOSS, NET		—			—		45			—			45
INCOME (LOSS) BEFORE INCOME TAXES		6,549			—		(312	)		—			6,237
LOSS FROM SUBSIDIARIES		(134	)		—		—			134			—
INCOME TAX EXPENSE (BENEFIT)		2,039			—		(178	)		—			1,861
NET INCOME (LOSS)	$	4,376		$	—	$	(134	)	$	134		$	4,376

20

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries		Eliminations			Total
NET SALES	$	404,627		$	16,318		$	39,928	$	(9,150	)	$	451,723
COST OF GOODS SOLD		347,229			12,423			34,568		(9,150	)		385,070
GROSS PROFIT		57,398			3,895			5,360		—			66,653
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		25,404			3,763			2,307		—			31,474
INTANGIBLE ASSET AMORTIZATION		2,606			732			228		—			3,566
RESTRUCTURING CHARGES		(208	)		262			302		—			356
OPERATING INCOME (LOSS)		29,596			(862	)		2,523		—			31,257
INTEREST EXPENSE		14,016			—			29		—			14,045
OTHER (INCOME) LOSS, NET		—			(1	)		4		—			3
INCOME (LOSS) BEFORE INCOME TAXES		15,580			(861	)		2,490		—			17,209
INCOME FROM SUBSIDIARIES		1,523			—			—		(1,523	)		—
INCOME TAX EXPENSE (BENEFIT)		5,747			(297	)		403		—			5,853
NET INCOME (LOSS)	$	11,356		$	(564	)	$	2,087	$	(1,523	)	$	11,356

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary		Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	410,075		$	—	$	29,253		$	(13,677	)	$	425,651
COST OF GOODS SOLD		352,553			—		24,508			(13,677	)		363,384
GROSS PROFIT		57,522			—		4,745			—			62,267
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		27,620			—		3,874			—			31,494
INTANGIBLE ASSET AMORTIZATION		2,923			—		409			—			3,332
RESTRUCTURING CHARGES		(8	)		—		203			—			195
OPERATING INCOME		26,987			—		259			—			27,246
INTEREST EXPENSE		13,969			—		129			—			14,098
GAIN ON AVAILABLE FOR SALE SECURITIES		(753	)		—		—			—			(753	)
OTHER INCOME, NET		—			—		(86	)		—			(86	)
INCOME BEFORE INCOME TAXES		13,771			—		216			—			13,987
INCOME FROM SUBSIDIARIES		209			—		—			(209	)		—
INCOME TAX EXPENSE		4,377			—		7			—			4,384
NET INCOME	$	9,603		$	—	$	209		$	(209	)	$	9,603

21

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2012

	Parent		Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET INCOME (LOSS)	$	7,629	$	(269	)	$	1,178		$	(909	)	$	7,629
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, net of tax of $76		—		—			(233	)		—			(233	)
OTHER COMPREHENSIVE LOSS		—		—			(233	)		—			(233	)
COMPREHENSIVE INCOME (LOSS)	$	7,629	$	(269	)	$	945		$	(909	)	$	7,396

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiaries		Non Guarantor Subsidiary			Eliminations		Total
NET INCOME (LOSS)	$	4,376		$	—	$	(134	)	$	134	$	4,376
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax of $(127)		—			—		126			—		126
Unrealized investment gain, net of tax of $8		(741	)		—		—			—		(741	)
Pension adjustments, net of tax of $(1)		(2	)		—		—			—		(2	)
OTHER COMPREHENSIVE INCOME (LOSS)		(743	)		—		126			—		(617	)
COMPREHENSIVE INCOME (LOSS)	$	3,633		$	—	$	(8	)	$	134	$	3,759

22

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent		Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET INCOME (LOSS)	$	11,356	$	(564	)	$	2,087		$	(1,523	)	$	11,356
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, net of tax provision of $9		—		—			(48	)		—			(48	)
OTHER COMPREHENSIVE LOSS		—		—			(48	)		—			(48	)
COMPREHENSIVE INCOME (LOSS)	$	11,356	$	(564	)	$	2,039		$	(1,523	)	$	11,308

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiaries		Non Guarantor Subsidiary		Eliminations			Total
NET INCOME	$	9,603		$	—	$	209	$	(209	)	$	9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax benefit of $(143)		—			—		398		—			398
Unrealized investment gain, net of tax of $424		(89	)		—		—		—			(89	)
Pension adjustments, net of tax of $2		4			—		—		—			4
OTHER COMPREHENSIVE INCOME (LOSS)		(85	)		—		398		—			313
COMPREHENSIVE INCOME	$	9,518		$	—	$	607	$	(209	)	$	9,916

23

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	(857	)	$	1,769		$	4,556		$	—		$	5,468
Accounts receivable — net of allowances		112,275			4,856			10,358			—			127,489
Intercompany receivable		—			6,098			3,353			(9,451	)		—
Inventories		108,855			5,397			8,345			—			122,597
Deferred income taxes		2,696			595			87			—			3,378
Assets held for sale		546			—			—			—			546
Prepaid expenses and other current assets		5,732			2,376			1,105			—			9,213
Total current assets		229,247			21,091			27,804			(9,451	)		268,691
PROPERTY, PLANT AND EQUIPMENT, NET		67,897			3,856			5,298			—			77,051
GOODWILL		30,701			23,541			12,164			—			66,406
INTANGIBLE ASSETS, NET		18,747			6,168			16,878			—			41,793
DEFERRED INCOME TAXES		—			—			256			—			256
OTHER ASSETS		7,243			—			124			—			7,367
INVESTMENT IN SUBSIDIARIES		96,882			—			—			(96,882	)		—
TOTAL ASSETS	$	450,717		$	54,656		$	62,524		$	(106,333	)	$	461,564
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	167		$	—		$	—		$	—		$	167
Accounts payable		19,074			(40	)		2,480			—			21,514
Intercompany payable		59			3,353			6,039			(9,451	)		—
Accrued liabilities		26,411			1,162			4,598			—			32,171
Total current liabilities		45,711			4,475			13,117			(9,451	)		53,852
LONG-TERM DEBT		357,381			—			—			—			357,381
OTHER LONG-TERM LIABILITIES		2,657			35			54			—			2,746
DEFERRED INCOME TAXES		4,962			2,615			2			—			7,579
SHAREHOLDERS’ EQUITY:
Common stock		17			—			928			(928	)		17
Treasury stock		(3,086	)		—			—			—			(3,086	)
Additional paid-in capital		94,123			50,110			35,147			(85,257	)		94,123
Retained earnings (accumulated deficit)		(50,815	)		(2,579	)		13,511			(10,932	)		(50,815	)
Accumulated other comprehensive loss		(233	)		—			(235	)		235			(233	)
Total shareholders’ equity		40,006			47,531			49,351			(96,882	)		40,006
TOTAL LIABILITIES AND EQUITY	$	450,717		$	54,656		$	62,524		$	(106,333	)	$	461,564

24

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2011

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	4,086		$	724		$	4,936		$	—		$	9,746
Accounts receivable — net of allowances		105,900			3,404			11,263			—			120,567
Intercompany receivable		—			10,954			3,459			(14,413	)		—
Inventories		98,596			4,662			5,431			—			108,689
Deferred income taxes		2,674			595			86			—			3,355
Assets held for sale		546			—			—			—			546
Prepaid expenses and other current assets		7,039			2,075			1, 174			—			10,288
Total current assets		218,841			22,414			26,349			(14,413	)		253,191
PROPERTY, PLANT AND EQUIPMENT, NET		54,404			2,766			1,787			—			58,957
GOODWILL		31,675			23,541			1,508			—			56,724
INTANGIBLE ASSETS, NET		21,353			6,901			86			—			28,340
DEFERRED INCOME TAXES		58			—			318			—			376
OTHER ASSETS		8,016			—			132			—			8,148
INVESTMENT IN SUBSIDIARIES		61,724			—			—			(61,724	)		—
TOTAL ASSETS	$	396,071		$	55,622		$	30,180		$	(76,137	)	$	405,736
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	166		$	—		$	—		$	—		$	166
Accounts payable		25,154			473			3,454			—			29,081
Intercompany payable		2,552			3,459			8,402			(14,413	)		—
Accrued liabilities		30,154			927			4,681			—			35,762
Total current liabilities		58,026			4,859			16,537			(14,413	)		65,009
LONG-TERM DEBT		302,935			—			—			—			302,935
OTHER LONG-TERM LIABILITIES		3,184			—			10			—			3,194
DEFERRED INCOME TAXES		3,831			2,672			—			—			6,503
SHAREHOLDERS’ EQUITY:
Common stock		17			—			928			(928	)		17
Treasury stock		(2,789	)		—			—			—			(2,789	)
Additional paid-in capital		92,871			50,104			1,475			(51,579	)		92,871
Retained earnings (accumulated deficit)		(61,819	)		(2,013	)		11,423			(9,410	)		(61,819	)
Accumulated other comprehensive loss		(185	)		—			(193	)		193			(185	)
Total shareholders’ equity		28,095			48,091			13,633			(61,724	)		28,095
TOTAL LIABILITIES AND EQUITY	$	396,071		$	55,622		$	30,180		$	(76,137	)	$	405,736

25

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	$	11,356		$	(564	)	$	2,087		$	(1,523	)	$	11,356
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization		9,576			1,271			389			—			11,236
Stock-based compensation		712			—			—			—			712
Foreign currency transaction gain		—			—			3			—			3
Deferred taxes		1,307			(60	)		81			—			1,328
Excess tax benefits from stock-based compensation		(625	)		—			—			—			(625	)
Gain on disposal of fixed assets		(31	)		(10	)		—			—			(41	)
Equity in consolidated subsidiaries		(1,523	)		—			—			1,523			—
Changes in operating assets and liabilities:
Accounts receivable		(3,655	)		(1,453	)		786			—			(4,322	)
Inventories		(8,030	)		(734	)		(2,916	)		—			(11,680	)
Prepaid expenses and other assets		1,454			(300	)		77			—			1,231
Accounts payable		(5,246	)		(513	)		(949	)		—			(6,708	)
Intercompany accounts		(8,486	)		4,754			3,732			—			—
Accrued liabilities		(5,337	)		271			(37	)		—			(5,103	)
Net cash flow from operating activities		(8,528	)		2,662			3,253			—			(2,613	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(17,795	)		(1,617	)		(3,726	)		—			(23,138	)
Proceeds from sale of fixed assets		24			—			—			—			24
Acquisition of businesses, net of cash acquired		(32,842	)		—			—			—			(32,842	)
Net cash flow from investing activities		(50,613	)		(1,617	)		(3,726	)		—			(55,956	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities		253,028			—			—			—			253,028
Repayments under revolving loan facilities		(198,723	)		—			—			—			(198,723	)
Purchase of treasury stock		(297	)		—			—			—			(297	)
Repayment of long-term debt		(83	)		—			—			—			(83	)
Excess tax benefits from stock-based compensation		625			—			—			—			625
Cash dividends paid		(352	)		—			—			—			(352	)
Net cash flow from financing activities		54,198			—			—			—			54,198
Effect of exchange rate on cash and cash equivalents		—			—			93			—			93
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(4,943	)		1,045			(380	)		—			(4,278	)
CASH AND CASH EQUIVALENTS — Beginning of period		4,086			724			4,936			—			9,746
CASH AND CASH EQUIVALENTS — End of period	$	(857	)	$	1,769		$	4,556		$	—		$	5,468
NONCASH ACTIVITY
Unpaid capital expenditures		90			—			—			—			90
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid (refunded), net		1,822			(212	)		37			—			1,647
Cash interest paid		13,222			—			—			—			13,222

26

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary			Non Guarantor Subsidiaries			Eliminations			Total
CASH FLOW FROM OPERATING ACTIVITIES:
Net income	$	9,603		$	—		$	209		$	(209	)	$	9,603
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation and amortization		9,378			—			574			—			9,952
Stock-based compensation		3,519			—			—			—			3,519
Foreign currency transaction gain		—			—			(86	)		—			(86	)
Gain on available for sale securities		(753	)		—			—			—			(753	)
Deferred taxes		(2,504	)		—			(73	)		—			(2,577	)
Gain on disposal of fixed assets		(5	)		—			—			—			(5	)
Equity in consolidated subsidiaries		(209	)		—			—			209			—
Changes in operating assets and liabilities:
Accounts receivable		(16,832	)		—			1,444			—			(15,388	)
Inventories		(22,537	)		—			(1,319	)		—			(23,856	)
Prepaid expenses and other assets		925			(1	)		(378	)		—			546
Accounts payable		10,277			—			(1,856	)		—			8,421
Intercompany accounts		867			(36	)		(831	)		—			—
Accrued liabilities		(2,935	)		39			(1,199	)		—			(4,095	)
Net cash flow from operating activities		(11,206	)		2			(3,515	)		—			(14,719	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(5,036	)		—			(18	)		—			(5,054	)
Proceeds from sale of fixed assets		8			—			—			—			8
Acquisition of businesses, net of cash acquired		(63,883	)		—			5,202			—			(58,681	)
Net cash flow from investing activities		(68,911	)		—			5,184			—			(63,727	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities		89,560			—			—			—			89,560
Repayments under revolving loan facilities		(39,196	)		—			—			—			(39,196	)
Payment of deferred financing fees		(49	)											(49	)
Repayment of long-term debt		(4	)											(4	)
Proceeds from stock option exercises		67			—			—			—			67
Net cash flow from financing activities		50,378			—			—			—			50,378
Effect of exchange rate on cash and cash equivalents		—			—			315			—			315
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(29,739	)		2			1,984			—			(27,753	)
CASH AND CASH EQUIVALENTS — Beginning of period		30,493			77			2,884			—			33,454
CASH AND CASH EQUIVALENTS — End of period	$	754		$	79		$	4,868		$	—		$	5,701
NONCASH ACTIVITY
Unpaid capital expenditures		1,502			—			—			—			1,502
Unpaid business acquisition consideration		542			—			—			—			542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net		5,476			—			404			—			5,880
Cash interest paid		13,090			—			—			—			13,090

27

ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion contains forward-looking statements that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, including those described in this report under “Cautionary Note Regarding Forward-Looking Statements” and under “Item 1A. Risk Factors” in our Annual Report on Form 10-K, for the fiscal year ended December 31, 2011. We assume no obligation to update any of these forward-looking statements. You should read the following discussion in conjunction with our condensed consolidated financial statements and the notes thereto included in this report.

Overview

Coleman Cable, Inc. (the “Company,” “Coleman,” “us,” “we,” or “our”) is a leading designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the U.S. and, to a lesser degree, in Honduras and Canada.

Raw materials, primarily copper, comprise the primary component of our cost of goods sold. The price of copper is particularly volatile, and fluctuations in copper prices can significantly affect our sales and profitability. The average copper price on the COMEX was $3.55 for the second quarter of 2012, as compared to $4.16 per pound for the first quarter of 2011, with the $0.61 decline representing a decrease of 14.7%.

2012 Acquisition – Watteredge (“WE”)

On May 31, 2012, Coleman completed the acquisition of most of the operating assets (and assumed certain liabilities) of WE, an Ohio corporation that designs, manufactures and sells secondary power connectors, including electric arc furnace cables, resistance welding cables, industrial high-performance copper bus and accessories, and other high performance power conduction devices and accessories. WE serves the steel, chemical, chlorine, power generation, fiberglass and automotive industries and sells its products and services worldwide. As further discussed below, we believe the acquisition of WE strengthens and provides for greater diversification of our overall portfolio.

The acquisition of the assets of WE, whose sales were nearly $25.0 million in 2011, was structured as an all-cash transaction valued at approximately $33.7 million (equal to a $35.0 million preliminary purchase price adjusted by a $1.3 million working capital adjustment). The transaction was funded with proceeds from Coleman's existing credit facility. Coleman retained WE’s workforce and has continued all of WE’s production at its current manufacturing plant in Avon Lake, Ohio. WE has been included as a component of our Engineered Solutions segment reported herein.

2011 Acquisitions

During the second quarter of 2011, we utilized cash on hand, as well as borrowings under our credit facility to complete three business combination transactions (collectively, the “2011 Acquisitions”), as set forth below. Each of these 2011 Acquisitions was structured as a cash transaction, with aggregate consideration totaling $68.9 million. As further discussed below, we believe these acquisitions represent significant opportunities for us, including the strengthening and greater diversification of our overall portfolio.

Acquisition of the Assets of The Designers Edge (“DE”)

On April 1, 2011, we acquired certain assets of DE, a leading designer and distributor of specialty lighting products in the U.S. and Canada. The total purchase price for the assets acquired, primarily trade receivables and merchandise inventories, was $10.1 million. The acquisition of DE’s assets has significantly expanded our product portfolio across a wide range of lighting product categories, including industrial, work and utility, as well as products for security and landscape applications. We fully integrated the acquired assets of DE into our Distribution segment during the second quarter of 2011.

Acquisition of the Assets of First Capitol Wire and Cable (“FCWC”) and Continental Wire and Cable (“CWC”)

On April 29, 2011, we acquired the assets of FCWC and CWC, both of which were privately-held entities based in York, Pennsylvania, with CWC being a 100%-owned subsidiary of FCWC, which are leading manufacturers of industrial wire and cable products used across a number of commercial, utility and industrial end-markets. The total purchase price for the assets acquired, primarily merchandise inventories and production equipment, was $7.3 million. The acquisition of the assets of FCWC and CWC has allowed us to expand our capabilities, product offerings and capacity for producing a wide assortment of high-quality industrial cables. We fully integrated the assets of FCWC and CWC into our existing operations during the second quarter of 2011.

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Acquisition of Technology Research Corporation (“TRC”)

On May 16, 2011, we completed the acquisition of 100% of the outstanding stock of TRC. TRC is a recognized leader in providing cost effective engineered solutions for applications involving power management and control, intelligent battery systems technology and electrical safety products based on proven ground fault sensing and Fire Shield^® technology. These products are designed, manufactured and distributed to the consumer, commercial and industrial markets worldwide. TRC also supplies power monitors and control equipment to the United States Military and its prime contractors. TRC was publicly traded on the NASDAQ prior to its acquisition by Coleman. We completed the TRC acquisition as the result of a successful public tender offer to acquire all outstanding shares of TRC. The total purchase price consideration for TRC was approximately $51.5 million, including the acquisition-date fair value of an approximate 4.8% interest in TRC acquired by Coleman prior to submitting its acquisition proposal for TRC.

The Company believes TRC's sizable commercial and consumer products segment greatly broadens our current electrical products platform. In addition, TRC's battery, power storage, and power management systems, represent new product lines for Coleman.

TRC has maintained its current production facilities in Clearwater, FL, and Honduras. We integrated a portion of TRC’s legacy business into our Distribution segment during 2011. The remainder of TRC’s legacy business, TRC’s military and specialty vehicle business, is a component of the Engineered Solutions segment reported herein.

Purchase Accounting Related to Acquisitions

Each of the above acquisitions was accounted for under the purchase method of accounting. Accordingly, we have allocated the purchase price for each acquisition to the net assets acquired based on the related estimated fair values at each respective acquisition date. The expected long-term growth, increased market position and expected synergies to be generated from the acquisitions are the primary factors which gave rise to acquisition prices for each of the acquisitions which resulted in the recognition of goodwill.

The purchase price allocations for the 2011 Acquisitions have been finalized. At the end of the first quarter of 2012, we finalized our purchase accounting for DE as certain purchase price and other matters relative to this acquisition were resolved. As a result, the total purchase price for DE was lowered by $0.8 million, with a corresponding reduction in the goodwill recorded in respect to this acquisition. The purchase price allocation for the WE acquisition, which closed on May 31, 2012, has been determined provisionally and is subject to revision as additional information about the fair value of individual assets and liabilities becomes available. Accordingly, the provisional measurement of accounts receivable, inventories, property, plant and equipment, intangible assets, current liabilities, taxes, and goodwill are subject to change. Any change in the acquisition date fair value of the acquired net assets will change the amount of the purchase price allocable to goodwill.

Consolidated Results of Operations

Each of the above acquisitions has been included in our condensed consolidated financial statements, including our results of operations, beginning from each respective acquisition date. Accordingly, the condensed consolidated statement of income for the three and six months ended June 30, 2012 includes the full impact of operations for the assets acquired in connection with the 2011 Acquisitions, but only one month of results for the assets acquired in connection with the WE acquisition. The condensed consolidated statement of income for the three and six months ended June 30, 2011 includes three months of operations for the assets acquired in connection with the DE acquisition, approximately two months of operations for the assets acquired in connection with the FCWC and CWC acquisition, and approximately six weeks of operations related to TRC. The condensed consolidated statement of income for the three and six months ended June 30, 2011 does not include any operations for the assets acquired in connection with the WE acquisition.

In addition to net income determined in accordance with GAAP, we use certain non-GAAP measures in assessing our operating performance. These non-GAAP measures used by management include: (1) EBITDA, which we define as net income before net interest, income taxes, depreciation and amortization expense (“EBITDA”), (2) Adjusted EBITDA, which is our measure of EBITDA adjusted to exclude the impact of certain specifically identified items (“Adjusted EBITDA”), and (3) Adjusted earnings per share, which we calculate as diluted earnings per share adjusted to exclude the estimated per share impact of the same specifically identified items used to calculate Adjusted EBITDA (“Adjusted EPS”). For the periods presented in this report, the specifically identified items include restructuring charges, gain on available for sale securities, share-based compensation expense, and acquisition-related costs.

We believe both EBITDA and Adjusted EBITDA serve as appropriate measures to be used in evaluating the performance of our business. We use these measures in the preparation of our annual operating budgets and in determining levels of operating and capital investments. We believe both EBITDA and Adjusted EBITDA allow us to readily view operating trends, perform analytical comparisons and identify strategies to improve operating performance. The usefulness of both EBITDA and Adjusted EBITDA as performance measures is limited by the fact that they both exclude the impact of interest expense, depreciation and amortization expense, and taxes. Due to these limitations, we do not, and you should not, use either EBITDA or Adjusted EBITDA as the only measures of our performance. We also use, and recommend that you consider, net income in accordance with GAAP as a measure of our performance. Finally, other companies may define EBITDA and Adjusted EBITDA differently and, as a result, our measure of EBITDA and Adjusted EBITDA may not be directly comparable to EBITDA and Adjusted EBITDA measures of other companies.

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Similarly, we believe our use of Adjusted EPS and Adjusted EBITDA provides an appropriate measure to use in assessing our performance across periods given that this measure provides an adjustment for certain significant items, the magnitude of which may vary significantly from period to period. However, we do not, and do not recommend that you, solely use Adjusted EPS to assess our financial and earnings performance. We also use, and recommend that you use, diluted earnings per share in addition to Adjusted EPS in assessing our earnings performance. Finally, other companies may define Adjusted EPS differently and, as a result, our measure of Adjusted EPS may not be directly comparable to Adjusted EPS measures of other companies.

The following tables, which reconcile our measure of Adjusted EPS to diluted earnings per share, and Adjusted EBITDA to net income, respectively, should be used along with the below statements of income for the periods presented, and the accompanying results of operations review.

	Three Months Ended June  30,					Six Months Ended June 30,
	2012		2011			2012		2011
Diluted earnings per share, as determined in accordance with GAAP, to Adjusted EPS	(unaudited)
Earnings per share	$	0.44	$	0.25		$	0.65	$	0.55
Restructuring charges (1)		0.00		0.01			0.01		0.01
Gain on available for sale securities (2)		—		(0.04	)		—		(0.04	)
Share-based compensation expense (3)		0.00		0.08			0.03		0.12
Acquisition-related costs(4)		0.02		0.07			0.02		0.10
Adjusted diluted earnings per share	$	0.46	$	0.37		$	0.71	$	0.74

	Three Months Ended June 30,					Six Months Ended June 30,
	2012		2011			2012		2011
	(unaudited)
Net income, as determined in accordance with GAAP, to EBITDA and Adjusted EBITDA	(Thousands)					(Thousands)
Net income	$	7,629	$	4,376		$	11,356	$	9,603
Interest expense		7,023		7,126			14,045		14,098
Income tax expense		3,893		1,861			5,853		4,384
Depreciation and amortization expense (a)		5,083		4,615			10,414		8,921
EBITDA	$	23,628	$	17,978		$	41,668	$	37,006
Restructuring charges (1)		23		195			356		195
Gain on available for sale securities (2)		—		(753	)		—		(753	)
Share-based compensation expense (3)		114		2,342			712		3,519
Acquisition-related costs(4)		364		1,677			366		2,578
ADJUSTED EBITDA	$	24,129	$	21,439		$	43,102	$	42,545

(a) Depreciation and amortization expense shown in the above schedule excludes amortization of debt issuance costs, which are included as a component of interest expense.

The nature of each individual item listed in the table above, which has been excluded from EBITDA in order to arrive at our measure of Adjusted EBITDA for each of the periods presented, is detailed in the analysis of operating results that follows.

Earnings and Performance Summary

We recorded net income of $7.6 million (or $0.44 per diluted share) in the second quarter of 2012, as compared to net income of $4.4 million (or $0.25 per diluted share) for the second quarter of 2011. For the second quarter of 2012, we recorded EBITDA of $23.6 million, as compared to $18.0 million in EBITDA for the second quarter of 2011.

We recorded net income of $11.4 million (or $0.65 per diluted share) in the six months ended June 30, 2012, as compared to net income of $9.6 million (or $0.55 per diluted share) for the first six months of 2011. For the six months ended June 30, 2012, we recorded EBITDA of $41.7 million, as compared to $37.0 million in EBITDA for the six months ended June 30, 2011.

As set forth below, results for these periods were impacted by certain significant items, the magnitude of which may vary significantly from period to period and, thereby, have a disproportionate effect on the earnings reported for any given period. The income statement review below contains further detail regarding these items.

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(1) Restructuring charges: We recorded restructuring charges of $0.0 million ($0.0 million after tax, or $0.00 per diluted share) and $0.4 million ($0.2 million after tax, or $0.01 per diluted share) during the three and six months ended June 30, 2012, respectively. These expenses were primarily costs related to facilities closed in prior years, consisting of two leased and one owned facility for which we continue to pay holding costs. Our results for the three and six months ended June 30, 2011 included $0.2 million ($0.1 million after tax or $0.01 per diluted share) in restructuring charges. These expenses were primarily comprised of severance costs at TRC.

(2) Gain on available for sale securities: We held a 4.8% interest in TRC at the time we acquired TRC. The fair value of our 4.8% pre-existing interest at the merger date was included in the total purchase price for TRC. As a result, we recorded a non-taxable gain of $0.8 million ($0.8 million after tax, or $0.04 per diluted share) in the second quarter of 2011 which represented the impact of re-measuring to fair value the 4.8% equity interest in TRC we held before the business combination.

(3) Share-based compensation expense: We recorded stock-based compensation expense of $0.1 million ($0.1 million after tax, or $0.00 per diluted share) in the three months ended June 30, 2012 and expense of $0.7 million ($0.4 million after tax, or $0.03 per diluted share) during the six months ended June 30, 2012. Our results for the three and six month periods ended June 30, 2011 included $2.3 million ($1.4 million after tax or $0.08 per diluted share) and $3.5 million ($2.1 million after tax or $0.12 per diluted share), respectively, of stock-based compensation expense. Stock-based compensation expense is excluded from our measures of Adjusted EBITDA and Adjusted EPS to represent normalized operational results due to the periodic fluctuations in the value of the underlying instruments.

(4) Acquisition-related costs: Our results for 2012 included acquisition-related costs of $0.4 million ($0.4 million after tax or $0.02 per diluted share) for the three and six months ended June 30, 2012. Our results for 2011 included acquisition-related costs of $1.7 million ($1.3 million after tax or $0.07 per diluted share) in the three months ended June 30, 2011 and $2.6 million ($1.9 million after tax or $0.10 per diluted share) during the six months ended June 30, 2011. Acquisition-related costs include outside legal, consulting and other fees, and direct expenses incurred relative to acquisition-related activities. These costs are excluded from our measures of Adjusted EBITDA and Adjusted EPS so that such measures may more closely reflect underlying operational results.

The following sets forth, for the periods indicated, our consolidated results of operations and related data in thousands of dollars and as a percentage of net sales.

Three Months Ended June 30, 2012 Compared with Three Months Ended June 30, 2011

	Three Months Ended June 30,												Period-over-Period Change
	2012						2011						2012 vs. 2011
	Amount			%			Amount			%			$ Change			% Change
	(unaudited)
	(Thousands, except per share data)
Distribution net sales		164,310			71.1	%	$	156,801			70.8	%	$	7,509			4.8	%
OEM net sales		56,327			24.4			59,500			27.1			(3,173	)		(5.3	)
Engineered Solutions net sales		10,595			4.5			3,549			2.1			7,046			198.5
Consolidated net sales		231,232			100.0			219,850			100.0			11,382			5.2
Gross profit		35,983			15.6			32,241			14.7			3,742			11.6
Selling, general and administrative expenses		15,744			6.8			17,642			8.0			(1,897	)		(10.8	)
Intangible amortization expense		1,742			0.8			1,749			0.8			(7	)		(0.4	)
Restructuring charges		23			0.0			195			0.1			(172	)		(88.2	)
Operating income		18,474			8.0			12,655			5.8			5,819			46.0
Interest expense		7,023			3.0			7,126			3.2			(103	)		1.4
Gain on available for sale securities		—			—			(753	)		(0.3	)		(753	)		—
Other (income) loss		(71	)		0.0			45			0.0			116			—
Income before income taxes		11,522			5.0			6,237			2.9			5,285			84.7
Income tax expense		3,893			1.7			1,861			0.9			2,032			109.2
Net income	$	7,629			3.3		$	4,376			2.0		$	3,253			74.3
Diluted income per share	$	0.44					$	0.25

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Six Months Ended June 30, 2012 Compared with Six Months Ended June 30, 2011

	Six Months Ended June 30,											Period-over-Period Change
	2012					2011						2012 vs. 2011
	Amount		%			Amount			%			$ Change			% Change
	(unaudited)
	(Thousands, except per share data)
Distribution net sales	$	319,370		70.7	%	$	306,059			71.6	%	$	13,311			4.3	%
OEM net sales		114,242		25.3			116,043			27.3			(1,802	)		(1.6	)
Engineered Solutions net sales		18,111		4.0			3,549			1.1			14,562			410.3
Consolidated net sales		451,723		100.0			425,651			100.0			26,073			6.1
Gross profit		66,653		14.8			62,267			14.6			4,386			7.0
Selling, general and administrative expenses		31,474		7.0			31,494			7.4			(20	)		(0.1	)
Intangible amortization expense		3,566		0.8			3,332			0.8			234			7.0
Restructuring charges		356		0.2			195			0.0			161			82.6
Operating income		31,257		6.9			27,246			6.4			4,011			14.7
Interest expense		14,045		3.1			14,098			3.3			(53	)		(0.4	)
Gain on available for sale securities		—		—			(753	)		(0.3	)		(753	)		—
Other (income) loss		3		0.0			(86	)		0.0			(89	)		—
Income before income taxes		17,209		3.8			13,987			3.3			3,222			23.0
Income tax expense		5,853		1.3			4,384			1.0			1,469			33.5
Net income	$	11,356		2.5		$	9,603			2.3		$	1,753			18.3
Diluted income per share	$	0.65				$	0.55

Segments

We have three reportable segments: (1) Distribution, (2) Original Equipment Manufacturers (“OEM”) and (3) Engineered Solutions (formerly “Other”). The Distribution segment serves our customers in distribution businesses, who are resellers of our products, while our OEM segment serves our OEM customers, who generally purchase more tailored products from us, which are used as inputs into subassemblies of manufactured finished goods. The Engineered Solutions segment, which was formerly reported as “Other,” contains that portion of TRC’s legacy business that has not been integrated into our Distribution segment, TRC’s military and specialty vehicle business, as well as our WE business, which was acquired in May 2012. The Other segment was re-labeled as our Engineered Solutions segment as a result of our having acquired WE in May 2012 and management’s concurrent decision to report internally the collective operations of WE and the non-integrated components of TRC, all of which produce highly engineered, often customized product lines. Therefore, the Engineered Solutions segment reflects the aggregation of immaterial other operating segments which produce highly engineered, customized product lines.

Net sales

The increase in net sales for the second quarter and first half of 2012, as compared to the second quarter and first half of 2011, reflected the following factors:

• Increased sales volumes (measured in total pounds shipped as set forth below) in our Distribution and OEM segments, primarily due to overall market demand growth across a number of end markets, accounted for approximately $13.2 million and $33.2 million in increased net sales for the second quarter and first half of 2012, as compared to the same periods in 2011, respectively;

• Lower selling prices in our Distribution and OEM segments, primarily due to lower copper prices, accounted for a decrease in net sales of approximately $8.8 million and $21.7 million for the second quarter and first half of 2012, respectively. In particular, average COMEX copper prices decreased by 14.7% and 14.1% in the second quarter and first half of 2012, as compared to the second quarter and first half of 2011, respectively;

• Our Engineered Solutions segment accounted for $7.0 million and $14.6 million in increased net sales for the second quarter and first half of 2012, respectively. Our Engineered Solutions segment includes the portion of TRC’s legacy business not integrated into our Distribution segment, its military and specialty vehicle business, as well as our Watteredge business. TRC was acquired in May of 2011 and Watteredge was acquired May 31, 2012. Accordingly, our results for the second quarter and first half of 2012 included the full impact of the TRC business, and one month of results for Watteredge. Our results for the second quarter and first half of 2011 included approximately six weeks of TRC’s results and did not include any results from Watteredge.

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The following table sets forth our sales volume for our Distribution and OEM segments, measured in thousands of total pounds shipped, as well as average COMEX copper prices for the periods presented:

	Three Months Ended June 30,							Six Months Ended June 30,
	2012		2011		% Change			2012		2011		% Change
Total Sales Volume in Pounds (1)	(Thousands)							(Thousands)
Distribution		44,189		40,861		8.1	%		86,169		78,816		9.3	%
OEM		21,624		21,307		1.5			44,185		41,880		5.5
Total Distribution and OEM		65,813		62,168		5.9			130,354		120,696		8.0
Average COMEX Copper (2)	$	3.55	$	4.16		(14.7	)	$	3.67	$	4.27		(14.1	)

(1) Engineered Solutions does not currently track volume through total pounds shipped.

(2) Represents the average price for one pound of copper on the COMEX for the period indicated.

For the second quarter and first half of 2012, we experienced demand increases across a number of areas of our business, mainly in the form of increased demand from existing customers, which we believe is a function of both increased sales of our new industrial products, as well as improved market conditions. Despite the overall volume increases for the quarter and first half of 2012, our overall volume levels for the month of June 2012 declined 2.9% from June 2011 levels, including a 9.3% decline in OEM volume partially offset by a gain of 0.6% in Distribution volume. Our visibility is limited as to whether the overall year-over-year decline noted for the month of June 2012 represents a temporary fluctuation in demand patterns or represents the beginning of a period of somewhat weaker industry demand levels. Historically, our second half volume levels have been generally higher than volume levels recorded in the first half of the year as we benefit from incremental demand from seasonal products.

Gross profit

Of the $3.7 million and $4.4 million total increase in gross profit recorded for the second quarter and first half of 2012, as compared to the same periods in 2011, respectively, $2.4 million and $4.8 million were attributable to increased gross profit within our Engineered Solutions segment. As noted above, the second quarter and first half of 2012 included the full impact of the TRC, as well as one month of results for Watteredge. The second quarter and first half of 2011 included approximately six weeks of results for TRC and did not include any results for Watteredge. Excluding the impact of the Engineered Solutions segment, gross profit increased by $1.3 million and declined by $0.4 million for the second quarter and first half of 2012, respectively, as compared to the same periods in 2011. This $1.3 million increase in gross profit for the second quarter was primarily attributable to incremental gross profit generated from the above-noted volume increases and, to a lesser degree, an improvement in our gross profit as a percentage of net sales (“gross profit rate”). For the second quarter of 2012, our overall gross profit rate improved by 0.9% (as a percentage of net sales), as compared to the second quarter of 2011, largely reflecting the inclusion of a greater proportion of sales within the Engineered Solutions segment, which generally carry higher margins. Excluding the impact of Engineered Solutions, we experienced modest gross profit rate improvement reflective of improved pricing in a number of end markets, partially offset by the impact of higher freight costs. Measured on a year-to-date basis, however, this second quarter year-over-year gross profit improvement was not significant enough to offset a decline in gross profit recorded during the first quarter of 2012 which reflected the impact of increased inflationary cost pressures on first quarter 2012 gross profit. Despite the fact that we announced a number of price increases during the first quarter of 2012, the timing of such increases, which were in place for the second quarter of 2012, did not prevent an interim contraction in our gross profit during the first quarter of 2012.

Selling, general and administrative (“SG&A”) expense

Our SG&A expense decreased by $1.9 million for the second quarter of 2012, as compared to the second quarter of 2011, and was essentially unchanged for the first half of 2012 as compared to the first half of 2011. These overall fluctuations included increases of $1.2 million and $2.8 million for the second quarter and first half of 2012, respectively, due to increased SG&A attributable to our Engineered Solutions segment. As noted above, the second quarter and first half of 2012 included the full impact of TRC, as well as one month of results for Watteredge. The second quarter and first half of 2011 included approximately six weeks of results for TRC and did not include any results for Watteredge. Excluding the impact of the Engineered Solutions segment, our SG&A expenses decreased $3.1 million and $2.8 million for the second quarter and first half of 2012, respectively. These decreases were primarily attributable to (1) lower stock-based compensation expense which accounted for decreases of $2.2 million and $2.8 million for the second quarter and first half of 2012, respectively, and (2) decreased acquisition-related costs (outside legal, consulting and other fees, and direct expenses incurred relative to acquisitions) which accounted for decreases of $1.3 million and $2.2 million for the second quarter and first half of 2012, respectively, with the remaining net increase of $0.4 million and $2.2 million for the second quarter and first half, respectively, reflecting increases across a number of expense areas, most notably payroll and related costs.

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Intangible amortization expense

Intangible amortization expense for the second quarter of 2012 was largely unchanged from the second quarter of 2011, as an increase in amortization expense related to intangibles recorded in connection with the acquisition of Watteredge assets (acquired May 2012) was offset by a decline in amortization expense associated with intangibles recorded in connection with acquisitions occurring in prior years. The increase in amortization expense recorded for the six months ended June 30, 2012, as compared to the six months ended June 30, 2011, reflects the impact of amortization recorded in relation to the Watteredge acquisition, as well as increased amortization expense recorded in relation to the 2011 Acquisitions, partially offset by lower amortization expense associated with intangibles recorded in connection with acquisitions occurring in prior years. Amortization expense reflects the fact that the related amortizable intangible assets are generally amortized using an accelerated amortization method, which reflects our estimate of the pattern in which the economic benefit derived from such assets is to be consumed and, accordingly, results in lower amortization expense being recorded in periods further removed from the period of initial recognition. We anticipate increased intangible amortization expense in future quarters as a result of an increase in total intangible assets resulting from the Watteredge acquisition.

Restructuring charges

We recorded $0.0 million and $0.4 million in restructuring costs in the second quarter and first half of 2012, respectively. The majority of these charges related to costs at facilities closed in prior years currently consisting of two leased and one owned facility for which we continue to pay holding costs. We recorded $0.2 million in restructuring costs in the second quarter and first half of 2011, which were primarily comprised of severance costs at TRC.

In May 2012, we announced plans to close our manufacturing facility in Texarkana, Arkansas. As planned, we ceased all production at this facility in July of 2012 and will recognize approximately $0.8 to $1.0 million in closing-related costs primarily consisting of severance and equipment-moving costs. The majority of these restructuring costs will be incurred in the third and fourth quarters of 2012. The operations of this facility have been moved to other existing manufacturing facilities, supplemented by foreign-sourcing of certain products, and we believe these actions will generate approximately $1.0 to $1.5 million in annual cost savings, most notably in the form of reduced overhead costs.

Operating income

The following table sets forth operating income by segment, in thousands of dollars and segment operating income as a percentage of segment net sales.

	Three Months Ended June 30,												Year-over-Year Change
	2012						2011						2012 vs. 2011
	Amount			%Net Sales			Amount			%Net Sales			$ Change			% Change
	(Thousands)
Operating Income:
Distribution	$	17,706			10.8	%	$	16,142			10.3	%	$	1,564			9.7	%
OEM		5,047			9.0			5,356			9.0			(309	)		(5.8	)
Engineered Solutions		1,111			10.5			(124	)		(3.5	)		1,235			—
Corporate		(5,390	)					(8,719	)					3,329
Consolidated operating income	$	18,474			8.0	%	$	12,655			5.8	%	$	5,819			46.0	%

	Six Months Ended June 30,												Year-over-Year Change
	2012						2011						2012 vs. 2011
	Amount			%Net Sales			Amount			%Net Sales			$ Change			% Change
	(Thousands)
Operating Income (Loss):
Distribution	$	29,901			9.4	%	$	31,296			10.2	%	$	(1,395	)		(4.5	)%
OEM		9,646			8.4			10,325			8.9			(679	)		(6.6	)
Engineered Solutions		1,827			10.1			(124	)		(3.5	)		1,951			—
Corporate		(10,117	)					(14,251	)					4,134
Consolidated operating income	$	31,257			6.9	%	$	27,246			6.4	%	$	4,011			14.7	%

The net sales and operating income amounts for 2011 as set forth in the above table reflect an immaterial restatement to account for a change made in the fourth quarter of 2011 to integrate a portion of TRC’s business into our Distribution Segment.

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Segment operating income represents income from continuing operations before interest income or expense, other income or expense, and income taxes. Corporate consists of items not charged or allocated to the segments, including costs for employee relocation, discretionary bonuses, professional fees, restructuring expenses, share-based compensation expense, and intangible amortization. Our Distribution, OEM and, in certain cases, our Engineered Solutions segment, share common production processes, and manufacturing and distribution capacity. Accordingly, we do not identify net assets to our segments. Similarly, depreciation expense is not allocated to segments, but is included in manufacturing overhead cost pools and is absorbed into product cost (and inventory) as each product passes through our numerous manufacturing work centers. Accordingly, as products are sold across our segments, it is impracticable to determine the amount of depreciation expense attributable to the operating results of a particular segment.

Distribution operating income improved for the second quarter of 2012, as compared to the second quarter of 2011, primarily reflecting the favorable gross profit impact of the above-noted increased volume levels in 2012. The improvement in the operating income rate primarily reflects an improvement in gross margin rate and increased expense leverage given higher overall volume levels. The decline in operating income for the first half of 2012, as compared to the first half of 2011, reflects the impact of lower gross profit recorded during the first quarter of 2012, as compared to the first quarter of 2011, partially offset by the above-noted improvement in gross profit during the second quarter of 2012. As noted above, we experienced lower gross profits during the first quarter of 2012 with such decline primarily reflective of a contraction in the spread between the cost of our products and the prices we were able to charge in the marketplace primarily due to increased inflationary pressure in the cost of our non-copper material inputs.

The OEM operating income decline for both the second quarter and first half of 2012, as compared to the same periods in 2011, primarily reflected the unfavorable gross profit impact of decreased sales prices in 2012, which more than offset the favorable impact of an increase in sales volumes. As noted above, during the first quarter of 2012, we experienced lower gross profits with such decline primarily reflective of a contraction in the spread between the cost of our products and the prices we were able to charge in the marketplace primarily due to increased inflationary pressure in the cost of our non-copper material inputs.

Engineered Solutions recorded operating income of $1.1 million and $1.8 million for the second quarter and first half of 2012, respectively, as compared to an operating loss of $0.1 million for the second quarter and first half of 2011. The increase in operating income is primarily reflective of the fact that, for the second quarter and first half of 2012, the Engineered Solutions segment operating income included the full impact of TRC, as well as one month of operating results for Watteredge. The second quarter and first half of 2011 included approximately six weeks of results for TRC and did not include any result for Watteredge.

Interest expense

The modest decline in interest expense for both the second quarter and first half of 2012, as compared to the second quarter and first half of 2011, reflects lower borrowing rates, unused line fees and expenses on our current Revolving Credit Facility (entered into by the Company in August of 2011), than existed under the terms of the credit facility that existed during the first half of 2011, partially offset by increased average borrowings.

Gain on available for sale securities

In the second quarter of 2011, prior to the acquisition of TRC, the Company owned 0.3 million shares of TRC common stock worth $7.20 per share as a result of the agreed upon purchase price for our acquisition of TRC. In accordance with the relevant accounting guidance, the fair value of this pre-existing investment in TRC was included as a part of the total purchase price for our acquisition of TRC. Consequently, as a result of the acquisition of TRC, we recognized a gain of $0.8 million on the difference between our cost basis in these 0.3 million shares of TRC common stock and their fair value at the acquisition date.

Other income (loss), net

We recorded other income (loss) reflecting the impact of exchange rate changes on our Canadian subsidiary.

Income tax expense

The increase in our tax rate for the second quarter and first half of 2012, as compared to the same respective periods of 2011, primarily reflects the fact that the income tax rate for 2011 was favorably impacted by the $0.8 million non-taxable gain on our approximate 4.8% equity holdings in TRC at the time of the acquisition, as previously discussed.

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The following is a reconciliation for the periods indicated of cash flow from operating activities, as determined in accordance with GAAP, to EBITDA.

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(unaudited)
	(Thousands)						(Thousands)
Net cash flow from operating activities	$	18,393		$	2,878		$	(2,613	)	$	(14,719	)
Interest expense		7,023			7,126			14,045			14,098
Income tax expense		3,893			1,861			5,853			4,384
Excess tax benefits from stock-based compensation		(26	)		—			625			—
Deferred taxes		(774	)		1,123			(1,328	)		2,577
Gain on disposal of fixed assets		13			4			41			5
Share-based compensation expense		(114	)		(2,342	)		(712	)		(3,519	)
Gain on available for sale securities		—			753			—			753
Foreign currency transaction gain (loss)		71			(45	)		(3	)		86
Amortization of debt issuance costs (a)		(411	)		(495	)		(822	)		(1,031	)
Changes in operating assets and liabilities		(4,440	)		7,115			26,582			34,372
EBITDA	$	23,628		$	17,978		$	41,668		$	37,006

(a) Amortization of debt issuance costs are included within depreciation and amortization for cash flow presentation and are included as a component of interest expense for income statement presentation.

Liquidity and Capital Resources

Debt

The following summarizes long-term debt (including current portion and capital lease obligations) outstanding in thousands of dollars:

	As of June 30, 2012		As of December 31, 2011
Revolving Credit Facility	$	84,305	$	30,000
Senior Notes due 2018		272,489		272,265
Capital lease obligations		754		836
Total long-term debt, including current portion	$	357,548	$	303,101

Revolving Credit Facility

Our $250.0 million, five-year revolving credit facility agreement with an accordion feature that allows us to increase our borrowings by an additional $50.0 million (the “Revolving Credit Facility”), which expires on October 1, 2016, is an asset-based loan facility, with a $20.0 million Canadian facility sublimit, and which is secured by substantially all of our assets, as further detailed below.

The interest rate charged on borrowings under the Revolving Credit Facility is based on our election of either the base rate (greater of federal funds rate plus 0.50% and the lender’s prime rate) plus a range of 0.25% to 0.75% or the Eurodollar rate plus a range of 1.50% to 2.00%, in each case based on quarterly average excess availability under the Revolving Credit Facility. In addition, we pay an unused line fee of between 0.25% and 0.50% based on quarterly average excess availability pursuant to the terms of the Revolving Credit Facility.

Pursuant to the terms of the Revolving Credit Facility, we are required to maintain a fixed charge covenant ratio of not less than 1.0 to 1.0 for any month during which our excess availability under the Revolving Credit Facility falls below $30.0 million. Borrowing availability under the Revolving Credit Facility is limited to the lesser of (1) $250.0 million or (2) the sum of 85% of eligible accounts receivable, 70% of eligible inventory, with a maximum amount of borrowing-base availability which may be generated from inventory of $150.0 million for the U.S. portion and $12.0 million Canadian for the Canadian portion, and an advance rate to be 75% of certain appraised real estate and 85% of certain appraised equipment and capped at $62.5 million, with a $15.0 million sublimit for letters of credit. Our current availability does not include additional availability that may be generated by adding real estate and certain equipment to the borrowing base.

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The Revolving Credit Facility is guaranteed by CCI International, Inc. (“CCI International”), TRC (excluding TRC’s 100%-owned foreign subsidiary, TRC Honduras, S.A. de C.V.) and Patco Electronics (“Patco”), each of which are 100%-owned domestic subsidiaries, and is secured by substantially all of our assets and the assets of each of CCI International, TRC and Patco, including accounts receivable, inventory and any other tangible and intangible assets (including real estate, machinery and equipment and intellectual property) as well as by a pledge of all the capital stock of CCI International, TRC and Patco and 65% of the capital stock of our Canadian foreign subsidiary, but not our Chinese 100%-owned entity.

As of June 30, 2012, we were in compliance with all of the covenants of our Revolving Credit Facility.

9% Senior Notes due 2018 (“Senior Notes”)

Our Senior Notes mature on February 15, 2018 and have an aggregate principal amount of $275.0 million and a 9% coupon rate. Interest payments are due on February 15^th and August 15^th. As of June 30, 2012, we were in compliance with all of the covenants of our Senior Notes. Our Senior Notes were issued at a discount in 2010, resulting in proceeds of less than par value. This discount is being amortized to par value over the remaining life of the Senior Notes.

The Indenture relating to our Senior Notes contains customary covenants that limit us and our restricted subsidiaries from, among other things, incurring additional indebtedness, making restricted payments, creating liens, paying dividends, consolidating, merging or selling substantially all of their assets, entering into sale and leaseback transactions, and entering into transaction with affiliates. Additionally, all our domestic restricted subsidiaries that guarantee the Revolving Credit Facility are required under the Indenture to guarantee our obligations under the Senior Notes. Following our entry into the new Revolving Credit Facility, TRC and Patco became subsidiary guarantors of the Senior Notes.

Current and Future Liquidity

In general, we require cash for working capital, capital expenditures, debt repayment and interest. Our working capital requirements tend to increase when we experience significant increased demand for products or significant copper price increases. Accordingly, we may be required to borrow against our Revolving Credit Facility in the future upon the occurrence of various events, including increases in the price of copper, which increase our working capital requirements. Our management assesses the future cash needs of our business by considering a number of factors, including: (1) earnings and cash flow performance, (2) future working capital needs, (3) current and projected debt service expenses, and (4) planned capital expenditures.

As of June 30, 2012, we had $81.4 million in excess availability under the Revolving Credit Facility, and $5.5 million in cash and cash equivalents. We are permanently reinvested in our Honduran subsidiary and do not intend to repatriate funds. Cash held by our Honduran subsidiary of $2.2 million is not available to fund domestic operations unless these funds are repatriated. The Company would need to accrue and pay taxes of approximately $0.8 million if the funds were repatriated. We believe that our operating cash flows and borrowing capacity under the Revolving Credit Facility will be sufficient to fund our operations, meet our debt service requirements and fund our planned capital expenditures and strategic acquisitions for the foreseeable future.

If we experience a deficiency in earnings compared to our fixed charges in the future, we would need to fund the fixed charges through additional borrowings under the Revolving Credit Facility. If cash flows generated from our operations, together with borrowings under our Revolving Credit Facility, are not sufficient to fund our operations, meet our debt service requirements and fund our planned capital expenditures, we would need to seek additional sources of capital. Limitations on our ability to incur debt contained in the Revolving Credit Facility and the Indenture relating to our Senior Notes could prevent us from securing additional capital through the issuance of debt. In that case, we would need to secure additional capital through other means, such as the issuance of equity. In addition, we may not be able to obtain additional debt or equity financing on terms acceptable to us, or at all. If we were not able to secure additional capital, we could be required to delay or forego capital spending or other corporate initiatives, such as the development of products, or acquisition opportunities.

Our Revolving Credit Facility permits us to redeem, retire or repurchase our Senior Notes subject to certain limitations. We may repurchase Senior Notes in the future, but whether we do so will depend on a number of factors and there can be no assurance that we will repurchase any Senior Notes.

On May 1, 2012, our Board of Directors declared a quarterly dividend of $0.02 per common share, payable on May 30, 2012, to stockholders of record as of the close of business on May 15, 2012. On August 2, 2012, our Board of Directors declared a quarterly dividend of $0.02 per common share, payable on August 31, 2012, to stockholders of record as of the close of business on August 15, 2012. Future declarations of quarterly dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.

On August 3, 2011, our Board of Directors authorized the purchase of up to 0.5 million shares of the Company’s common stock in open market or privately negotiated transactions. The repurchase plan expires in August 2013. To date, we have repurchased 0.3 million shares pursuant to this repurchase program. There can be no assurance that any additional share purchases will be made. The number of shares actually purchased will depend on various factors, including limitations imposed by the Company’s debt instruments, the price of our common stock, overall market and business conditions and management’s assessment of competing alternatives for capital deployment.

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Net cash used by operating activities for the first six months of 2012 was $2.6 million as compared to $14.7 million for the first six months of 2011. This $12.1 million decrease in cash used to fund operating activities for the first six months of 2012, as compared to the first six months of 2011, was primarily a result of the impact of changes in working capital items and, to a lesser degree, reflects higher levels of net income. Changes in operating assets and liabilities accounted for a decrease of $7.8 million in cash used in operating activities for the first six months of 2012 as compared to the same period in 2011. Changes in operating cash flows used to fund inventories accounted for a $12.2 million decrease for the first six months of 2012, as compared to the same period last year. This decrease was, in large part, the result of reduced company-wide inventory levels in a number of product categories brought about by way of consolidating our former major Toronto-based distribution center into our Pleasant Prairie, WI distribution center. This consolidation of distribution centers allowed us to reduce company-wide stock levels of certain products. Additionally, the reduction reflects a rationalization and consolidation of a number of consumer products acquired by way of the 2011 Acquisitions and, to a lesser degree, the impact of overall lower copper prices in the 2012 period as compared to the same period in 2011. Changes in operating cash flows used to fund accounts receivable accounted for an $11.1 million decrease for the first six months of 2012, as compared to the same period last year, with the decrease reflecting mainly timing of payments relative to our Retail Distribution business, lower overall copper prices, and lower year-over-year June sales. Changes in operating cash flows used to fund accounts payable accounted for a $15.1 million increase for the first six months of 2012, as compared to the same period last year, with the increase due, in part, to the impact of timing of payments and, to a lesser degree, improved processing efficiencies.

Net cash used in investing activities for the first six months of 2012 and 2011 was $56.0 million and $63.7 million, respectively. Most notably, net cash used in investing activities includes $32.8 million and $58.7 million used to fund acquisitions in the first half of 2012 and 2011, respectively. In addition, net cash used in investing activity includes $23.1 million and $5.1 million in the first half of 2012 and 2011, respectively, for capital expenditures. The significant increase in capital spending for 2012 compared to 2011 reflects, in part, $6.5 million expended in January 2012 to acquire three of our previously leased manufacturing facilities. In addition, we have undertaken a number of individual projects across our major manufacturing plants designed to improve our manufacturing efficiencies, lower our costs and expand our manufacturing capacity and capabilities. We expect our 2012 capital expenditures to total between $35.0 million and $40.0 million, as compared to $15.0 million for the full-year 2011.

Net cash provided by financing activities for the first six months of 2012 and 2011 was $54.2 million and $50.4 million, respectively, primarily reflecting the utilization of borrowings from our Revolving Credit Facility to fund the above-noted business acquisitions, capital expenditures and working capital needs.

Cautionary Note Regarding Forward-Looking Statements

Various statements contained in this report, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements. These statements may be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “should,” or the negative thereof or other variations thereon or comparable terminology. In particular, statements about our expectations, beliefs, plans, objectives, assumptions or future events or performance contained in this report, including certain statements contained in “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” are forward-looking statements.

We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under “Item 1A. Risk Factors,” and elsewhere in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011 (available at www.sec.gov), may cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Some of the key factors that could cause actual results to differ from our expectations include:

• fluctuations in the supply or price of copper and other raw materials;

• increased competition from other wire and cable manufacturers, including foreign manufacturers;

• pricing pressures causing margins to decrease;

• our dependence on indebtedness and our ability to satisfy our debt obligations;

• failure to identify, finance or integrate acquisitions;

• product liability claims and litigation resulting from the design or manufacture of our products;

• advancements in wireless technology;

• impairment charges related to our goodwill and long-lived assets;

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• restructuring charges;

• changes in the cost of labor or raw materials, including copper, PVC and fuel;

• disruption in the importation of raw materials and products from foreign-based suppliers;

• our ability to maintain substantial levels of inventory;

• increase in exposure to political and economic development crises, instability, terrorism, civil strife, expropriation, and other risks of doing business in foreign markets;

• changes in tax legislation relating to our Honduras subsidiary; and

• other risks and uncertainties, including those described under “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011.

In addition, any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change and, therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.

ITEM 3. Quantitative and Qualitative Disclosures about Market Risk

Our principal market risks are exposure to changes in commodity prices, primarily copper prices, interest rates on borrowings, and exchange rate risk relative to our operations in Canada.

Commodity Risk. Certain raw materials used in our products are subject to price volatility, most notably copper, which is the primary raw material used in our products. The price of copper is particularly volatile and can affect our net sales and profitability. We purchase copper at prevailing market prices and, through multiple pricing strategies, generally attempt to pass along to our customers changes in the price of copper and other raw materials. From time-to-time, we enter into derivative contracts, including copper futures contracts, to mitigate the potential impact of fluctuations in the price of copper on our pricing terms with certain customers. We do not speculate on copper prices. All of our copper futures contracts are tied to the COMEX copper market index and the value of our futures contracts varies directly with underlying changes in the related COMEX copper futures prices. We record these derivative contracts at fair value on our consolidated balance sheet as either an asset or liability. At June 30, 2012, we had contracts with a net aggregate fair value of negative $0.1 million, consisting of contracts to purchase 0.2 million and sell 0.6 million pounds of copper in September 2012. A hypothetical adverse movement of 10% in the price of copper at June 30, 2012, with all other variables held constant, would have resulted in an aggregate loss in the fair value of our commodity futures contracts of approximately $0.2 million as of June 30, 2012.

Interest Rate Risk. We have exposure to changes in interest rates on a portion of our debt obligations. As of June 30, 2012, approximately 24% of our debt was variable rate, primarily our borrowings under our Revolving Credit Facility for which interest costs are based on either the lenders’ prime rate or a LIBOR-based rate. Based on the amount of our variable rate borrowings at June 30, 2012, which totaled approximately $84.3 million, an immediate one percentage point change in LIBOR would change our annual interest expense by approximately $0.8 million. This estimate assumes that the amount of variable rate borrowings remains constant for an annual period and that the interest rate change occurs at the beginning of the period.

Foreign Currency Exchange Rate Risk. We have exposure to changes in foreign currency exchange rates related to our Canadian operations. Currently, we do not manage our foreign currency exchange rate risk using any financial or derivative instruments, such as foreign currency forward contracts or hedging activities. In the second quarter of 2012, we recorded an aggregate pre-tax gain of approximately $0.1 million related to exchange rate fluctuations between the U.S. dollar and Canadian dollar.

ITEM 4. Controls and Procedures

Our management, including our Chief Executive Officer and Chief Financial Officer, has conducted an evaluation of the effectiveness of disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)), as of June 30, 2012. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective.

There were no changes in our internal controls over financial reporting (as defined in Exchange Act Rule 13a-15(d) and 15d-15(f)) during the quarter ended June 30, 2012 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

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PART II —OTHER INFORMATION

ITEM 1. Legal Proceedings

We are involved in legal proceedings and litigation arising in the ordinary course of business. In those cases in which we are the defendant, plaintiffs may seek to recover large and sometimes unspecified amounts or other types of relief and some matters may remain unresolved for several years. We believe that none of the litigation that we now face, individually or in the aggregate, will have a material effect on our consolidated financial position, cash flow or results of operations. We maintain insurance coverage for litigation that arises in the ordinary course of our business and believe such coverage is adequate.

ITEM 1A.1 Risk Factors

In addition to the other information set forth in this Quarterly Report on Form 10-Q, the reader should carefully consider the factors discussed in Part I, “Item 1A. Risk Factors” in our annual Report on Form 10-K for the fiscal year ended December 31, 2011. There have been no material changes in our risk factors from those disclosed in Part I, Item 1A, of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011.

ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Below are the repurchases of common stock by the Company or any “affiliated purchaser” (as defined in Rule 10b-18(a) (3) under the Exchange Act) for the six months ended June 30, 2012:

Six Months Ended June 30, 2012	Total number of shares purchased (1)		Average price paid per share		Total number of shares purchased as part of publicly announced plans or programs		Maximum number of shares that may yet be purchased under the plans or programs
January 1 – January 31		—	$	—		—
February 1 – February 29		—		—		—
March 1 – March 31		9,092		10.81		—
April 1 – April 30		—		—		—
May 1 – May 31		—		—		—
June 1 – June 30		23,100		8.56		23,100
Total		32,192	$	9.17		23,100		165,229

(1) The Company purchased all of the 9,092 shares between March 1, 2012 and March 31, 2012 from an employee of the Company that were withheld to satisfy the tax withholding obligation due upon vesting of a performance stock award.

ITEM 6. Exhibits

See Index to Exhibits.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	COLEMAN CABLE, INC.
	(Registrant)
Date: August 6, 2012	By	/s/ G. Gary Yetman
		Chief Executive Officer and President
Date: August 6, 2012	By	/s/ Richard N. Burger
		Chief Financial Officer, Executive
		Vice President, Secretary and Treasurer

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INDEX TO EXHIBITS

Item No.	Description
3.1 —	Certificate of Incorporation of Coleman Cable, Inc., as filed with the Delaware Secretary of State on October 10, 2006, incorporated herein by reference to our Quarterly Report on Form 10-Q for the quarter ended September 30, 2006.
3.2 —	Amended and Restated By-Laws of Coleman Cable, Inc., incorporated herein by reference to our Current Report on Form 8-K as filed on May 5, 2010.
31.1 —	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2 —	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1 —	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101 —	Financial statements from the quarterly report on Form 10-Q of the Company for the quarter ended June 30, 2012, filed on August 6, 2012, formatted in XBRL: (i) the Condensed Consolidated Statements of Income; (ii) the Condensed Consolidated Statements of Comprehensive Income; (iii) the Condensed Consolidated Balance Sheets; (iv) the Condensed Consolidated Statements of Cash Flows; and (v) the Notes to Condensed Consolidated Financial Statements furnished herewith.

* Denotes management contract or compensatory plan or arrangement.

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EX-31.1

Exhibit 31.1

Certification

I, G. Gary Yetman, certify that:

1. I have reviewed this report on Form 10-Q of Coleman Cable, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting, which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 6, 2012	/s/ G. Gary Yetman
	Chief Executive Officer and President

EX-31.2

Exhibit 31.2

Certification

I, Richard N. Burger, certify that:

1. I have reviewed this report on Form 10-Q of Coleman Cable, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

a. designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of registrant’s board of directors (or persons performing the equivalent functions):

a. all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting, which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b. any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 6, 2012	/s/ Richard N. Burger
	Chief Financial Officer, Executive
	Vice President, Secretary and Treasurer

EX-32.1

Exhibit 32.1

The following statement is being made to the Securities and Exchange Commission solely for purposes of Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), which carries with it certain criminal penalties in the event of a knowing or willful misrepresentation.

Securities and Exchange Commission

450 Fifth Street, NW

Washington, DC 20549

Re: Coleman Cable, Inc.

Ladies and Gentlemen:

In accordance with the requirements of Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), each of the undersigned hereby certifies that:

(i) this Quarterly Report on Form 10-Q, for the period ended June 30, 2012, fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

(ii) the information contained in this report fairly presents, in all material respects, the financial condition and results of operations of Coleman Cable, Inc.

Dated as of this 6th day of August 2012.

/s/ G. Gary Yetman	/s/ Richard N. Burger
G. Gary Yetman	Richard N. Burger
Chief Executive Officer and President	Chief Financial Officer, Executive
	Vice President, Secretary and Treasurer

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ACQUISITIONS - Additional Information (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended				3 Months Ended			12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2012	May 31, 2012 Subsidiaries	Jun. 30, 2011 Second Quarter 2011 Acquisition Entity	Jun. 30, 2011 Technology Research Corporation	May 16, 2011 Technology Research Corporation	Dec. 31, 2011 Watteredge	Jun. 30, 2012 Watteredge	May 31, 2012 Watteredge	Mar. 31, 2011 Designers Edge	Apr. 29, 2011 First Capitol Wire Cable and Continental Wire Cable
Business Acquisition [Line Items]
Ownership percentage						100.00%
Sales of acquired entity										$ 25,000
Net assets acquired									51,510			33,674	10,092	7,298
Business acquisition, preliminary purchase price												35,000
Working capital adjustments												1,326
Number of business combination transactions completed							3
Business combination aggregate consideration							68,900
Previous ownership interest consideration								2,331
Ownership interests acquired									100.00%
Right to receive per share value in cash									$ 7.20
Equity interest in prior to acquisition									4.80%
Acquisition-related costs	364	1,677	366	2,578
Reduction in Goodwill amount					833
Goodwill deductible for Income Taxes purpose	$ 16,197		$ 16,197								$ 10,664

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Earnings Per Share - Additional Information (Detail) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Options excluded from computation of earnings per share	771	774	771	774

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Debt (Parenthetical) (Detail) (2018 Senior Notes, USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
2018 Senior Notes
Debt Instrument [Line Items]
Senior Notes, due date	2018	2018
Senior Notes, unamortized discount	$ 2,510	$ 2,735

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Condensed Consolidating Statement of Income (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Condensed Financial Statements, Captions [Line Items]
NET SALES	$ 231,232	$ 219,850	$ 451,723	$ 425,651
COST OF GOODS SOLD	195,249	187,609	385,070	363,384
GROSS PROFIT	35,983	32,241	66,653	62,267
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	15,744	17,642	31,474	31,494
INTANGIBLE ASSET AMORTIZATION	1,742	1,749	3,566	3,332
RESTRUCTURING CHARGES	23	195	356	195
OPERATING INCOME (LOSS)	18,474	12,655	31,257	27,246
INTEREST EXPENSE	7,023	7,126	14,045	14,098
GAIN ON AVAILABLE FOR SALE SECURITIES		(753)		(753)
OTHER (INCOME) LOSS, NET	(71)	45	3	(86)
INCOME (LOSS) BEFORE INCOME TAXES	11,522	6,237	17,209	13,987
INCOME TAX EXPENSE (BENEFIT)	3,893	1,861	5,853	4,384
NET INCOME (LOSS)	7,629	4,376	11,356	9,603
Parent Company
Condensed Financial Statements, Captions [Line Items]
NET SALES	207,199	213,376	404,627	410,075
COST OF GOODS SOLD	176,065	183,989	347,229	352,553
GROSS PROFIT	31,134	29,387	57,398	57,522
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	12,447	15,192	25,404	27,620
INTANGIBLE ASSET AMORTIZATION	1,176	1,345	2,606	2,923
RESTRUCTURING CHARGES	(15)	(8)	(208)	(8)
OPERATING INCOME (LOSS)	17,526	12,858	29,596	26,987
INTEREST EXPENSE	7,008	7,062	14,016	13,969
GAIN ON AVAILABLE FOR SALE SECURITIES		(753)		(753)
INCOME (LOSS) BEFORE INCOME TAXES	10,518	6,549	15,580	13,771
INCOME (LOSS) FROM SUBSIDIARIES	909	(134)	1,523	209
INCOME TAX EXPENSE (BENEFIT)	3,798	2,039	5,747	4,377
NET INCOME (LOSS)	7,629	4,376	11,356	9,603
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
NET SALES	8,609		16,318
COST OF GOODS SOLD	6,561		12,423
GROSS PROFIT	2,048		3,895
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	2,070		3,763
INTANGIBLE ASSET AMORTIZATION	340		732
RESTRUCTURING CHARGES	41		262
OPERATING INCOME (LOSS)	(403)		(862)
OTHER (INCOME) LOSS, NET			(1)
INCOME (LOSS) BEFORE INCOME TAXES	(403)		(861)
INCOME TAX EXPENSE (BENEFIT)	(134)		(297)
NET INCOME (LOSS)	(269)		(564)
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
NET SALES	20,103	16,489	39,928	29,253
COST OF GOODS SOLD	17,302	13,635	34,568	24,508
GROSS PROFIT	2,801	2,854	5,360	4,745
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	1,227	2,450	2,307	3,874
INTANGIBLE ASSET AMORTIZATION	226	404	228	409
RESTRUCTURING CHARGES	(3)	203	302	203
OPERATING INCOME (LOSS)	1,351	(203)	2,523	259
INTEREST EXPENSE	15	64	29	129
OTHER (INCOME) LOSS, NET	(71)	45	4	(86)
INCOME (LOSS) BEFORE INCOME TAXES	1,407	(312)	2,490	216
INCOME TAX EXPENSE (BENEFIT)	229	(178)	403	7
NET INCOME (LOSS)	1,178	(134)	2,087	209
Eliminations
Condensed Financial Statements, Captions [Line Items]
NET SALES	(4,679)	(10,015)	(9,150)	(13,677)
COST OF GOODS SOLD	(4,679)	(10,015)	(9,150)	(13,677)
INCOME (LOSS) FROM SUBSIDIARIES	(909)	134	(1,523)	(209)
NET INCOME (LOSS)	$ (909)	$ 134	$ (1,523)	$ (209)

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Shareholders' Equity - Additional Information (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	1 Months Ended		3 Months Ended			6 Months Ended		3 Months Ended	6 Months Ended	1 Months Ended	3 Months Ended	1 Months Ended		3 Months Ended	1 Months Ended
	May 01, 2012	Aug. 03, 2011	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2010	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2010 Performance Shares	Jul. 07, 2011 Performance Shares	Jul. 07, 2011 Settled in Cash Performance Shares	Mar. 31, 2010 Settled in Cash Performance Shares	May 01, 2012 First Quarter	Aug. 02, 2012 Second Quarter Subsequent Event	Mar. 31, 2010 Maximum Performance Shares	Jan. 31, 2011 Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense (income)			$ 114	$ 2,342		$ 712	$ 3,519
Number of performance shares granted						55		517			258				55
Estimated aggregate fair value			2,437												500
Percentage of shares vesting on first anniversary															33.33%
Percentage of shares vesting on second anniversary															33.33%
Percentage of shares vesting on third anniversary															33.33%
Period during which common stock should attain three separate incrementally increasing stock price goals											10 years			10 years
Number of incrementally increasing stock price goals					3
Percentage of average stock price on the grant date								350.00%			350.00%
Stock issued during period									117
Stock issued during period										58
Assumption of volatility rate			87.90%
Assumed risk-free rate			1.24%
Estimated service period			329 days
Shares authorized to be purchased		500
Repurchase plan expiration date		2013-08
Share purchased pursuant to repurchase program		352
Shares repurchased			23			32
Aggregate value of shares repurchased			199			297
Quarterly dividend declared			$ 0.02			$ 0.02						$ 0.02	$ 0.02
Dividend Payable date												May 30, 2012	Aug. 31, 2012
Record date dividend												May 15, 2012	Aug. 15, 2012
Dividend paid	$ 352					$ 352

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Accrued Liabilities (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Schedule of Accrued Liabilities [Line Items]
Salaries, wages and employee benefits	$ 7,690	$ 8,825
Sales incentives	7,280	10,460
Interest	9,466	9,382
Other	7,735	7,095
Total	$ 32,171	$ 35,762

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SHAREHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2012

Changes in Stock Options

Changes in stock options were as follows:

	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Terms		Aggregate Intrinsic Value
Outstanding January 1, 2012		1,391	$	11.07		5.8	$	2,012
Granted		—		—		—		—
Exercised		—		—				—
Forfeited or expired		—		—		—		—
Outstanding June 30, 2012		1,391		11.07		5.3		2,006
Vested or expected to vest		1,374		11.15		5.3		1,935
Exercisable		520		5.65		6.3		1,536

Changes in Nonvested Shares

Changes in nonvested shares for the first half of 2012 were as follows:

	Shares			Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2012		682		$	4.28
Granted		55			9.06
Vested		(179	)		4.16
Forfeited		—			—
Nonvested at June 30, 2012		558		$	4.79

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Condensed Consolidating Balance Sheet (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2011	Dec. 31, 2010
CURRENT ASSETS:
Cash and cash equivalents	$ 5,468	$ 9,746	$ 5,701	$ 33,454
Accounts receivable - net of allowances	127,489	120,567
Inventories	122,597	108,689
Deferred income taxes	3,378	3,355
Assets held for sale	546	546
Prepaid expenses and other current assets	9,213	10,288
Total current assets	268,691	253,191
PROPERTY, PLANT AND EQUIPMENT, NET	77,051	58,957
GOODWILL	66,406	56,724
INTANGIBLE ASSETS, NET	41,793	28,340
DEFERRED INCOME TAXES	256	376
OTHER ASSETS	7,367	8,148
TOTAL ASSETS	461,564	405,736
CURRENT LIABILITIES:
Current portion of long-term debt	167	166
Accounts payable	21,514	29,081
Accrued liabilities	32,171	35,762
Total current liabilities	53,852	65,009
LONG-TERM DEBT	357,381	302,935
OTHER LONG-TERM LIABILITIES	2,746	3,194
DEFERRED INCOME TAXES	7,579	6,503
SHAREHOLDERS' EQUITY:
Common stock	17	17
Treasury stock	(3,086)	(2,789)
Additional paid-in capital	94,123	92,871
Retained earnings (accumulated deficit)	(50,815)	(61,819)
Accumulated other comprehensive loss	(233)	(185)
Total shareholders' equity	40,006	28,095	22,078	11,222
TOTAL LIABILITIES AND EQUITY	461,564	405,736
Parent Company
CURRENT ASSETS:
Cash and cash equivalents	(857)	4,086	754	30,493
Accounts receivable - net of allowances	112,275	105,900
Inventories	108,855	98,596
Deferred income taxes	2,696	2,674
Assets held for sale	546	546
Prepaid expenses and other current assets	5,732	7,039
Total current assets	229,247	218,841
PROPERTY, PLANT AND EQUIPMENT, NET	67,897	54,404
GOODWILL	30,701	31,675
INTANGIBLE ASSETS, NET	18,747	21,353
DEFERRED INCOME TAXES		58
OTHER ASSETS	7,243	8,016
INVESTMENT IN SUBSIDIARIES	96,882	61,724
TOTAL ASSETS	450,717	396,071
CURRENT LIABILITIES:
Current portion of long-term debt	167	166
Accounts payable	19,074	25,154
Intercompany payable	59	2,552
Accrued liabilities	26,411	30,154
Total current liabilities	45,711	58,026
LONG-TERM DEBT	357,381	302,935
OTHER LONG-TERM LIABILITIES	2,657	3,184
DEFERRED INCOME TAXES	4,962	3,831
SHAREHOLDERS' EQUITY:
Common stock	17	17
Treasury stock	(3,086)	(2,789)
Additional paid-in capital	94,123	92,871
Retained earnings (accumulated deficit)	(50,815)	(61,819)
Accumulated other comprehensive loss	(233)	(185)
Total shareholders' equity	40,006	28,095
TOTAL LIABILITIES AND EQUITY	450,717	396,071
Guarantor Subsidiaries
CURRENT ASSETS:
Cash and cash equivalents	1,769	724	79	77
Accounts receivable - net of allowances	4,856	3,404
Intercompany receivable	6,098	10,954
Inventories	5,397	4,662
Deferred income taxes	595	595
Prepaid expenses and other current assets	2,376	2,075
Total current assets	21,091	22,414
PROPERTY, PLANT AND EQUIPMENT, NET	3,856	2,766
GOODWILL	23,541	23,541
INTANGIBLE ASSETS, NET	6,168	6,901
TOTAL ASSETS	54,656	55,622
CURRENT LIABILITIES:
Accounts payable	(40)	473
Intercompany payable	3,353	3,459
Accrued liabilities	1,162	927
Total current liabilities	4,475	4,859
OTHER LONG-TERM LIABILITIES	35
DEFERRED INCOME TAXES	2,615	2,672
SHAREHOLDERS' EQUITY:
Additional paid-in capital	50,110	50,104
Retained earnings (accumulated deficit)	(2,579)	(2,013)
Total shareholders' equity	47,531	48,091
TOTAL LIABILITIES AND EQUITY	54,656	55,622
Non-Guarantor Subsidiaries
CURRENT ASSETS:
Cash and cash equivalents	4,556	4,936	4,868	2,884
Accounts receivable - net of allowances	10,358	11,263
Intercompany receivable	3,353	3,459
Inventories	8,345	5,431
Deferred income taxes	87	86
Prepaid expenses and other current assets	1,105	1,174
Total current assets	27,804	26,349
PROPERTY, PLANT AND EQUIPMENT, NET	5,298	1,787
GOODWILL	12,164	1,508
INTANGIBLE ASSETS, NET	16,878	86
DEFERRED INCOME TAXES	256	318
OTHER ASSETS	124	132
TOTAL ASSETS	62,524	30,180
CURRENT LIABILITIES:
Accounts payable	2,480	3,454
Intercompany payable	6,039	8,402
Accrued liabilities	4,598	4,681
Total current liabilities	13,117	16,537
OTHER LONG-TERM LIABILITIES	54	10
DEFERRED INCOME TAXES	2
SHAREHOLDERS' EQUITY:
Common stock	928	928
Additional paid-in capital	35,147	1,475
Retained earnings (accumulated deficit)	13,511	11,423
Accumulated other comprehensive loss	(235)	(193)
Total shareholders' equity	49,351	13,633
TOTAL LIABILITIES AND EQUITY	62,524	30,180
Eliminations
CURRENT ASSETS:
Intercompany receivable	(9,451)	(14,413)
Total current assets	(9,451)	(14,413)
INVESTMENT IN SUBSIDIARIES	(96,882)	(61,724)
TOTAL ASSETS	(106,333)	(76,137)
CURRENT LIABILITIES:
Intercompany payable	(9,451)	(14,413)
Total current liabilities	(9,451)	(14,413)
SHAREHOLDERS' EQUITY:
Common stock	(928)	(928)
Additional paid-in capital	(85,257)	(51,579)
Retained earnings (accumulated deficit)	(10,932)	(9,410)
Accumulated other comprehensive loss	235	193
Total shareholders' equity	(96,882)	(61,724)
TOTAL LIABILITIES AND EQUITY	$ (106,333)	$ (76,137)

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Changes in Nonvested Shares (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Shares
Nonvested at January 1, 2012	682
Granted	55
Vested	(179)
Forfeited
Nonvested at June 30, 2012	558
Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2012	$ 4.28
Granted	$ 9.06
Vested	$ 4.16
Forfeited
Nonvested at June 30, 2012	$ 4.79

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Condensed Consolidating Statement of Comprehensive Income (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	$ 7,629	$ 4,376	$ 11,356	$ 9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax	(233)	126	(48)	398
Unrealized investment gain, net of tax		(741)		(89)
Pension adjustments, net of tax		(2)		4
OTHER COMPREHENSIVE INCOME (LOSS)	(233)	(617)	(48)	313
COMPREHENSIVE INCOME (LOSS)	7,396	3,759	11,308	9,916
Parent Company
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	7,629	4,376	11,356	9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Unrealized investment gain, net of tax		(741)		(89)
Pension adjustments, net of tax		(2)		4
OTHER COMPREHENSIVE INCOME (LOSS)		(743)		(85)
COMPREHENSIVE INCOME (LOSS)	7,629	3,633	11,356	9,518
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(269)		(564)
OTHER COMPREHENSIVE INCOME (LOSS)
COMPREHENSIVE INCOME (LOSS)	(269)		(564)
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	1,178	(134)	2,087	209
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax	(233)	126	(48)	398
OTHER COMPREHENSIVE INCOME (LOSS)	(233)	126	(48)	398
COMPREHENSIVE INCOME (LOSS)	945	(8)	2,039	607
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(909)	134	(1,523)	(209)
OTHER COMPREHENSIVE INCOME (LOSS)
COMPREHENSIVE INCOME (LOSS)	$ (909)	$ 134	$ (1,523)	$ (209)

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BUSINESS SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2012

BUSINESS SEGMENT INFORMATION

17. BUSINESS SEGMENT INFORMATION

We have three reportable segments: (1) Distribution, (2) Original Equipment Manufacturers (“OEM”) and (3) Engineered Solutions (formerly “Other”). The Distribution segment serves our customers in distribution businesses, who are resellers of our products, while our OEM segment serves our OEM customers, who generally purchase more tailored products from us, which are used as inputs into subassemblies of manufactured finished goods. The Engineered Solutions segment, which was formerly reported as “Other,” contains that portion of TRC’s legacy business that has not been integrated into our Distribution segment, primarily TRC’s military and specialty vehicle business, as well as our Watteredge business, which was acquired in May 2012. The Other segment was re-labeled as our Engineered Solutions segment as a result of our having acquired Watteredge in May 2012 and management’s concurrent decision to report internally the collective operations of Watteredge and the non-integrated components of TRC. Therefore, the Engineered Solutions segment reflects the aggregation of immaterial other operating segments which produce highly engineered, customized product lines.

Financial data for the Company’s reportable segments is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Net Sales:
Distribution Segment	$	164,310		$	156,801		$	319,370		$	306,059
OEM Segment		56,327			59,500			114,242			116,043
Engineered Solutions		10,595			3,549			18,111			3,549
Total	$	231,232		$	219,850		$	451,723		$	425,651
Operating Income:
Distribution Segment	$	17,706		$	16,142		$	29,901		$	31,296
OEM Segment		5,047			5,356			9,646			10,325
Engineered Solutions		1,111			(124	)		1,827			(124	)
Total segments		23,864			21,374			41,374			41,497
Corporate		(5,390	)		(8,719	)		(10,117	)		(14,251	)
Consolidated operating income	$	18,474		$	12,655		$	31,257		$	27,246

The net sales and operating income amounts for 2011 as set forth in the above table reflect an immaterial restatement to account for a change made in the fourth quarter of 2011 to integrate a portion of TRC’s business into our Distribution Segment.

Distribution, OEM and, in certain cases, our Engineered Solutions segment, share common production processes, and manufacturing and distribution capacity. Accordingly, we do not identify all of our net assets to those segments. Thus, we do not report capital expenditures at the segment level. Additionally, depreciation expense is not allocated to those segments, but is included in manufacturing overhead cost pools and is absorbed into product cost (and inventory) as each product passes through our manufacturing work centers. Accordingly, as products are sold across those segments, it is impracticable to determine the amount of depreciation expense included in the operating results of each segment.

Segment operating income represents income from continuing operations before interest income or expense, other income or expense, and income taxes. Corporate consists of items not charged or allocated to the segments, including costs for employee relocation, discretionary bonuses, professional fees, restructuring expenses, asset impairments, and intangible amortization.

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Nine Percent Senior Notes Due Twenty Eighteen (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Debt Instrument [Line Items]
Face Value	$ 275,000
Fair Value (Level 1)	$ 285,313
Interest Rate	9.00%
Interest payment term	Semi-Annually
Maturity Date	Feb. 15, 2018
Guarantee	Jointly and severally guaranteed fully and unconditionally by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC
Semi Annual Payment, First Payment
Debt Instrument [Line Items]
Interest payment date	--02-15
Semi Annual Payment, Second Payment
Debt Instrument [Line Items]
Interest payment date	--08-15

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Unaudited Selected Pro Forma Financial Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2011
Business Acquisition, Pro Forma Information [Line Items]
Net sales	$ 223,856	$ 438,795
Net income	$ 2,172	$ 9,010

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BUSINESS SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2012

Financial Data for Reportable Segments

Financial data for the Company’s reportable segments is as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Net Sales:
Distribution Segment	$	164,310		$	156,801		$	319,370		$	306,059
OEM Segment		56,327			59,500			114,242			116,043
Engineered Solutions		10,595			3,549			18,111			3,549
Total	$	231,232		$	219,850		$	451,723		$	425,651
Operating Income:
Distribution Segment	$	17,706		$	16,142		$	29,901		$	31,296
OEM Segment		5,047			5,356			9,646			10,325
Engineered Solutions		1,111			(124	)		1,827			(124	)
Total segments		23,864			21,374			41,374			41,497
Corporate		(5,390	)		(8,719	)		(10,117	)		(14,251	)
Consolidated operating income	$	18,474		$	12,655		$	31,257		$	27,246

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Optional Redemption (Parenthetical) (Detail)	Jun. 30, 2012
Debt Instrument [Line Items]
Redemption price percent	109.00%
Senior note earliest redemption date	Feb. 15, 2013
Maximum
Debt Instrument [Line Items]
Percentage of principal amount redeemable	35.00%

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Business Segment Information - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2012 Segment
Segment Reporting Information [Line Items]
Number of segments	3

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Derivatives Not Accounted As Hedges Under Accounting Rules (Detail) (Copper Commodity Contract, Not Designated as Hedging Instrument, Cost of Sales, USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Copper Commodity Contract | Not Designated as Hedging Instrument | Cost of Sales
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Recognized in Income	$ 71	$ 45	$ 24	$ 307

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Debt (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Capital lease obligations	$ 754	$ 836
Long-term Debt	357,548	303,101
Less current portion	(167)	(166)
Long-term debt	357,381	302,935
Revolving Credit Facility
Debt Instrument [Line Items]
Revolving Credit Facility	84,305	30,000
2018 Senior Notes
Debt Instrument [Line Items]
Senior Notes due 2018, including unamortized discount of $2,510 and $2,735, respectively	$ 272,489	$ 272,265

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BASIS OF PRESENTATION

6 Months Ended

Jun. 30, 2012

BASIS OF PRESENTATION

1. BASIS OF PRESENTATION

The accompanying condensed consolidated financial statements include Coleman Cable, Inc. and all of its subsidiaries (the “Company,” “Coleman,” “we,” “us,” or “our”). The condensed consolidated financial statements included herein are unaudited. The preparation of the condensed consolidated financial statements is in conformity with the rules and regulations of the Securities and Exchange Commission (the “SEC”) and in accordance with United States (“U.S.”) generally accepted accounting principles (“GAAP”) for interim financial information. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules or regulations. The condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments) which are, in the opinion of management, necessary for a fair presentation in conformity with U.S. GAAP. All amounts are in thousands, unless otherwise indicated. The condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Form 10-K for the fiscal year ended December 31, 2011. The results of operations for the interim periods should not be considered indicative of results to be expected for the full year.

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Effective Tax Rate (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Taxes [Line Items]
Effective Tax Rate	33.80%	29.80%	34.00%	31.30%

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Restructuring Activities - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended			6 Months Ended				1 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2012	Mar. 31, 2011	Dec. 31, 2011	Jun. 30, 2012 Leased Sites Facility	Jun. 30, 2012 Owned Sites Facility	Jun. 30, 2012 Severance & Other Closing Costs	Dec. 31, 2011 Severance & Other Closing Costs	May 31, 2012 Severance and equipment moving costs Minimum	May 31, 2012 Severance and equipment moving costs Maximum
Restructuring Cost and Reserve [Line Items]
Restructuring costs	$ 23	$ 195	$ 356	$ 195
Number of closed facilities						2	1
Restructuring reserve	1,654				3,139			84	815
Expected severance and equipment moving costs										$ 800	$ 1,000

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INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2012

Inventories

Inventories consisted of the following:

	June 30, 2012		December 31, 2011
FIFO cost:
Raw materials	$	46,320	$	39,209
Work in progress		4,643		3,853
Finished products		71,634		65,627
Total	$	122,597	$	108,689

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RESTRUCTURING ACTIVITIES (Tables)

6 Months Ended

Jun. 30, 2012

Restructuring Activities

	Lease Termination Costs			Severance & Other Closing Costs			Total
BALANCE — December 31, 2011	$	2,324		$	815		$	3,139
Provision		(24	)		380			356
Cash payments		(730	)		(1,111	)		(1,841	)
BALANCE — June 30, 2012	$	1,570		$	84		$	1,654

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Changes in Stock Options (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Shares
Outstanding January 1, 2012	1,391
Granted
Exercised
Forfeited or expired
Outstanding June 30, 2012	1,391
Vested or expected to vest	1,374
Exercisable	520
Weighted-Average Exercise Price
Outstanding January 1, 2012	$ 11.07
Granted
Exercised
Forfeited or expired
Outstanding June 30, 2012	$ 11.07
Vested or expected to vest	$ 11.15
Exercisable	$ 5.65
Weighted- Average Remaining Contractual Terms
Outstanding January 1, 2012	5 years 9 months 18 days
Outstanding June 30, 2012	5 years 3 months 18 days
Vested or expected to vest	5 years 3 months 18 days
Exercisable	6 years 3 months 18 days
Aggregate intrinsic value
Outstanding January 1, 2012	$ 2,012
Granted
Exercised
Forfeited or expired
Outstanding June 30, 2012	2,006
Vested or expected to vest	1,935
Exercisable	$ 1,536

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Restructuring Activities (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Restructuring Cost and Reserve [Line Items]
BALANCE - December 31, 2011	$ 3,139
Provision	356
Cash payments	(1,841)
BALANCE - June 30, 2012	1,654
Lease Termination Costs
Restructuring Cost and Reserve [Line Items]
BALANCE - December 31, 2011	2,324
Provision	(24)
Cash payments	(730)
BALANCE - June 30, 2012	1,570
Severance & Other Closing Costs
Restructuring Cost and Reserve [Line Items]
BALANCE - December 31, 2011	815
Provision	380
Cash payments	(1,111)
BALANCE - June 30, 2012	$ 84

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ACCRUED LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2012

Accrued Liabilities

Accrued liabilities consisted of the following:

	June 30, 2012		December 31, 2011
Salaries, wages and employee benefits	$	7,690	$	8,825
Sales incentives		7,280		10,460
Interest		9,466		9,382
Other		7,735		7,095
Total	$	32,171	$	35,762

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DEBT (Tables)

6 Months Ended

Jun. 30, 2012

Debt

	June 30, 2012			December 31, 2011
Revolving Credit Facility	$	84,305		$	30,000
Senior Notes due 2018, including unamortized discount of $2,510 and $2,735, respectively		272,489			272,265
Capital lease obligations		754			836
		357,548			303,101
Less current portion		(167	)		(166	)
Long-term debt	$	357,381		$	302,935

Nine Percent Senior Notes Due Twenty Eighteen

	June 30, 2012
Senior Notes
Face Value	$275,000
Fair Value (Level 1)	$285,313
Interest Rate	9%
Interest Payment	Semi-Annually February 15th and August 15th
Maturity Date	February 15, 2018
Guarantee	Jointly and severally guaranteed fully and unconditionally by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC

Optional Redemption

	June 30, 2012
Senior Notes
Face Value	$275,000
Fair Value (Level 1)	$285,313
Interest Rate	9%
Interest Payment	Semi-Annually February 15th and August 15th
Maturity Date	February 15, 2018
Guarantee	Jointly and severally guaranteed fully and unconditionally by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC
Optional redemption (1)(2)
	Beginning Date	Percentage
	February 15, 2014	104.50%
	February 15, 2015	102.25%
	February 15, 2016	100.00%

(1) The Company may, at its option, redeem the Senior Notes, in whole at any time or in part from time to time, on or after the above-noted dates and at the above-noted percentages of the principal amount thereof (plus interest due).

(2) In addition, the Company may, at its option, use the net cash proceeds from a public equity offering, to redeem up to 35% of the aggregate principal amount of the Senior Notes at a redemption price equal to 109.00% of the principal amount, plus accrued and unpaid interest if completed before February 15, 2013.

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $) In Thousands	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2010	$ 11,222	$ 17	$ 0	$ 90,483	$ (79,260)	$ (18)
Beginning Balance (in shares) at Dec. 31, 2010		16,939
Stock awards		184
Stock options exercised		2
COMPREHENSIVE INCOME (LOSS)	9,916				9,603	313
Stock-based compensation	940			940
Ending Balance at Jun. 30, 2011	22,078	17	0	91,423	(69,657)	295
Ending Balance (in shares) at Jun. 30, 2011		17,125
Beginning Balance at Dec. 31, 2011	28,095	17	(2,789)	92,871	(61,819)	(185)
Beginning Balance (in shares) at Dec. 31, 2011	16,939	16,939
Stock awards		179
Stock options exercised
COMPREHENSIVE INCOME (LOSS)	11,308				11,356	(48)
Dividends paid	(352)				(352)
Treasury shares repurchased (in shares)	(32)	(32)
Treasury shares repurchased	(297)		(297)
Stock-based compensation	1,252			1,252
Ending Balance at Jun. 30, 2012	$ 40,006	$ 17	$ (3,086)	$ 94,123	$ (50,815)	$ (233)
Ending Balance (in shares) at Jun. 30, 2012	17,086	17,086

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EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2012

Components of Basic and Diluted Earnings Per Share

As of June 30, 2012 and 2011, the impact of participating securities on net income allocated to common shareholders and the dilutive effect of share-based awards outstanding on weighted average shares outstanding was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
Components of Basic and Diluted Earnings per Share	2012			2011			2012			2011
Basic EPS Numerator:
Net income	$	7,629		$	4,376		$	11,356		$	9,603
Less: Earnings allocated to participating securities		(70	)		(71	)		(104	)		(156	)
Net income allocated to common shareholders	$	7,559		$	4,305		$	11,252		$	9,447
Basic EPS Denominator:
Weighted average shares outstanding		17,086			17,131			17,072			17,105
Basic earnings per common share	$	0.44		$	0.25		$	0.66		$	0.55
Diluted EPS Numerator:
Net income	$	7,629		$	4,376		$	11,356		$	9,603
Less: Earnings allocated to participating securities		(70	)		(70	)		(104	)		(154	)
Net income allocated to common shareholders	$	7,559		$	4,306		$	11,252		$	9,449
Diluted EPS Denominator:
Weighted average shares outstanding		17,086			17,131			17,072			17,105
Dilutive common shares issuable upon exercise of stock options		223			243			236			206
Diluted weighted average shares outstanding		17,309			17,374			17,308			17,311
Diluted earnings per common share	$	0.44		$	0.25		$	0.65		$	0.55

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Final Allocations of Purchase Price Related to Twenty Eleven Acquisitions and Provisional Allocation Related to WE Acquisition (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012 Designers Edge	Mar. 31, 2011 Designers Edge	Jun. 30, 2012 First Capitol Wire Cable and Continental Wire Cable	Apr. 29, 2011 First Capitol Wire Cable and Continental Wire Cable	Jun. 30, 2012 Technology Research Corporation	May 16, 2011 Technology Research Corporation	Jun. 30, 2012 Watteredge	May 31, 2012 Watteredge
Schedule of Business Acquisitions, Purchase Price Allocation [Line Items]
Cash and cash equivalents						$ 8,180
Accounts receivable		2,123				4,073		2,720
Income tax receivable						1,077
Inventories		3,129		1,631		8,794		2,249
Prepaid expenses and other current assets				44		314		59
Property, plant and equipment		157		3,687		4,668		3,363
Other assets						33
Deferred income tax asset		18		288		309
Intangible assets	2,115	2,115	1,200	1,200	8,287	8,287	17,020	17,020
Goodwill		2,550		696		23,541		10,664
Total assets acquired		10,092		7,546		59,276		36,075
Current liabilities						(4,515)		(2,401)
Deferred income tax liability				(248)		(3,251)
Total liabilities assumed				(248)		(7,766)		(2,401)
Net assets acquired		$ 10,092		$ 7,298		$ 51,510		$ 33,674

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Components of Basic and Diluted Earnings Per Share (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Basic EPS Numerator:
Net income	$ 7,629	$ 4,376	$ 11,356	$ 9,603
Less: Earnings allocated to participating securities	(70)	(71)	(104)	(156)
Net income allocated to common shareholders	7,559	4,305	11,252	9,447
Basic EPS Denominator:
Weighted average shares outstanding	17,086	17,131	17,072	17,105
Basic earnings per common share	$ 0.44	$ 0.25	$ 0.66	$ 0.55
Diluted EPS Numerator:
Net income	7,629	4,376	11,356	9,603
Less: Earnings allocated to participating securities	(70)	(70)	(104)	(154)
Net income allocated to common shareholders	$ 7,559	$ 4,306	$ 11,252	$ 9,449
Diluted EPS Denominator:
Weighted average shares outstanding	17,086	17,131	17,072	17,105
Dilutive common shares issuable upon exercise of stock options	223	243	236	206
Diluted weighted average shares outstanding	17,309	17,374	17,308	17,311
Diluted earnings per common share	$ 0.44	$ 0.25	$ 0.65	$ 0.55

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Condensed Consolidating Statement of Comprehensive Income (Parenthetical) (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Condensed Financial Statements, Captions [Line Items]
Foreign currency translation adjustments, tax	$ 76	$ (127)	$ 9	$ (143)
Unrealized investment gain, tax		8		424
Pension adjustments, tax		$ (1)		$ 2

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	1 Months Ended	3 Months Ended		6 Months Ended
	May 31, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
NET SALES		$ 231,232	$ 219,850	$ 451,723	$ 425,651
COST OF GOODS SOLD		195,249	187,609	385,070	363,384
GROSS PROFIT		35,983	32,241	66,653	62,267
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		15,744	17,642	31,474	31,494
INTANGIBLE ASSET AMORTIZATION		1,742	1,749	3,566	3,332
RESTRUCTURING CHARGES		23	195	356	195
OPERATING INCOME (LOSS)		18,474	12,655	31,257	27,246
INTEREST EXPENSE		7,023	7,126	14,045	14,098
GAIN ON AVAILABLE FOR SALE SECURITIES	(753)		(753)		(753)
OTHER (INCOME) LOSS		(71)	45	3	(86)
INCOME (LOSS) BEFORE INCOME TAXES		11,522	6,237	17,209	13,987
INCOME TAX EXPENSE		3,893	1,861	5,853	4,384
NET INCOME (LOSS)		$ 7,629	$ 4,376	$ 11,356	$ 9,603
NET INCOME PER SHARE:
Basic		$ 0.44	$ 0.25	$ 0.66	$ 0.55
Diluted		$ 0.44	$ 0.25	$ 0.65	$ 0.55
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic		17,086	17,131	17,072	17,105
Diluted		17,309	17,374	17,308	17,311
CASH DIVIDENDS DECLARED PER COMMON SHARE		$ 0.02		$ 0.02

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Inventories (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
FIFO cost:
Raw materials	$ 46,320	$ 39,209
Work in progress	4,643	3,853
Finished products	71,634	65,627
Total	$ 122,597	$ 108,689

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CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Accounts receivable, allowances	$ 3,157	$ 2,811
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	75,000	75,000
Common stock, issued	17,086	16,939
Common stock, outstanding	17,086	16,939
Treasury stock, shares	352	320

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Commitments and Contingencies - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012 Site Participation Agreement	Dec. 31, 2011 Site Participation Agreement	Jun. 30, 2012 Leonard Chemical Company LegalMatter acre
Loss Contingencies [Line Items]
Lease agreements, expiration period			10 years
Rental expense under operating leases	$ 1,298	$ 1,596	$ 2,628	$ 3,076
Area of land							7.1
Number of potential legal claims							1
Percentage share of the costs of remedial design and remedial action (RD/RA)					9.19%
Accrual related to environmental claim					$ 407	$ 341

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INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2012

Effective Tax Rate

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Effective Tax Rate		33.8	%		29.8	%		34.0	%		31.3	%

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Financial Assets Measured at Fair Value on Recurring Basis (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Assets:
Cash and Cash Equivalents	$ 5,468	$ 9,746
Derivative Assets, Inclusive of Collateral	94	108
Total	5,562	9,854
Fair Value, Inputs, Level 1
Assets:
Cash and Cash Equivalents	5,468	9,746
Derivative Assets, Inclusive of Collateral	94	108
Total	$ 5,562	$ 9,854

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BENEFIT PLANS

6 Months Ended

Jun. 30, 2012

BENEFIT PLANS

14. BENEFIT PLANS

Employee Savings Plan

We provide defined contribution savings plans for employees meeting certain age and service requirements. We currently make matching contributions for a portion of employee contributions to the plans. Including such matching contributions, we recorded expenses totaling $267 and $689 related to these savings plans during the three and six months ended June 30, 2012, respectively. We recorded expense of $248 and $559 for the three and six months ended June 30, 2011, respectively.

Riblet Pension Plan

As a result of its merger with Riblet Products Corporation (“Riblet”) in 2000, the Company is responsible for a defined-benefit pension plan of Riblet. The Riblet plan was frozen in 1990 and no additional benefits have been earned by plan participants since that time. A total of 81 former employees of Riblet currently receive or may be eligible to receive future benefits under the plan. The Company does not expect to make any plan contributions in 2012. The net periodic income for the three and six months ended June 30, 2012 was $14 and $28, respectively. For the three and six month periods ended June 30, 2011, we incurred net periodic expense of $8 and $16, respectively.

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FAIR VALUE DISCLOSURE (Tables)

6 Months Ended

Jun. 30, 2012

Financial Assets Measured at Fair Value on Recurring Basis

Financial assets measured at fair value on a recurring basis are summarized below:

	Fair Value Measurement
	June 30, 2012								December 31, 2011
	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Assets:
Cash and Cash Equivalents	$	5,468	$	—	$	—	$	5,468	$	9,746	$	—	$	—	$	9,746
Derivative Assets, Inclusive of Collateral		94		—		—		94		108		—		—		108
Total	$	5,562	$	—	$	—	$	5,562	$	9,854	$	—	$	—	$	9,854

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OTHER (INCOME) LOSS

6 Months Ended

Jun. 30, 2012

OTHER (INCOME) LOSS

16. OTHER (INCOME) LOSS

We recorded other (income) loss of $(71) and $3 for the second quarter and first half of 2012, respectively, primarily reflecting the exchange rate impact on our Canadian subsidiary. We recorded other (income) loss of $45 and $(86) for the second quarter and first half of 2011, respectively, also reflecting the exchange rate impact.

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Financial Data for Reportable Segments (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Segment Reporting Information [Line Items]
NET SALES	$ 231,232	$ 219,850	$ 451,723	$ 425,651
OPERATING INCOME	18,474	12,655	31,257	27,246
Distribution Segment
Segment Reporting Information [Line Items]
NET SALES	164,310	156,801	319,370	306,059
OPERATING INCOME	17,706	16,142	29,901	31,296
OEM Segment
Segment Reporting Information [Line Items]
NET SALES	56,327	59,500	114,242	116,043
OPERATING INCOME	5,047	5,356	9,646	10,325
Engineered Solutions
Segment Reporting Information [Line Items]
NET SALES	10,595	3,549	18,111	3,549
OPERATING INCOME	1,111	(124)	1,827	(124)
Total Segments
Segment Reporting Information [Line Items]
OPERATING INCOME	23,864	21,374	41,374	41,497
Corporate
Segment Reporting Information [Line Items]
OPERATING INCOME	$ (5,390)	$ (8,719)	$ (10,117)	$ (14,251)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	$ 11,356	$ 9,603
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation and amortization	11,236	9,952
Stock-based compensation	712	3,519
Foreign currency transaction loss (gain)	3	(86)
GAIN ON AVAILABLE FOR SALE SECURITIES		(753)
Excess tax benefits from stock-based compensation	(625)
Deferred taxes	1,328	(2,577)
Gain on disposal of fixed assets	(41)	(5)
Changes in operating assets and liabilities:
Accounts receivable	(4,322)	(15,388)
Inventories	(11,680)	(23,856)
Prepaid expenses and other assets	1,231	546
Accounts payable	(6,708)	8,421
Accrued liabilities	(5,103)	(4,095)
Net cash flow from operating activities	(2,613)	(14,719)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures	(23,138)	(5,054)
Proceeds from sale of fixed assets	24	8
Acquisition of businesses, net of cash acquired	(32,842)	(58,681)
Net cash flow from investing activities	(55,956)	(63,727)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facility	253,028	89,560
Repayments under revolving loan facility	(198,723)	(39,196)
Payment of deferred financing fees		(49)
Repayment of long-term debt	(83)	(4)
Treasury stock purchases	(297)
Excess tax benefits from stock-based compensation	625
Proceeds from option exercises		67
Dividends paid	(352)
Net cash flow from financing activities	54,198	50,378
Effect of exchange rate changes on cash and cash equivalents	93	315
DECREASE IN CASH AND CASH EQUIVALENTS	(4,278)	(27,753)
CASH AND CASH EQUIVALENTS - Beginning of period	9,746	33,454
CASH AND CASH EQUIVALENTS - End of period	5,468	5,701
NONCASH ACTIVITY
Unpaid capital expenditures	90	1,502
Unpaid business acquisition consideration		542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net	1,647	5,880
Cash interest paid	$ 13,222	$ 13,090

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net income (loss)	$ 7,629	$ 4,376	$ 11,356	$ 9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax of $76 and $(127), $9 and $(143), respectively	(233)	126	(48)	398
Unrealized investment gain, net of tax of $-, $8, $-, $424, respectively		(741)		(89)
Pension adjustments, net of tax of $-, $(1), $-, $2, respectively		(2)		4
OTHER COMPREHENSIVE INCOME (LOSS)	(233)	(617)	(48)	313
COMPREHENSIVE INCOME (LOSS)	$ 7,396	$ 3,759	$ 11,308	$ 9,916

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SHAREHOLDERS' EQUITY

6 Months Ended

Jun. 30, 2012

SHAREHOLDERS' EQUITY

9. SHAREHOLDERS’ EQUITY

Stock-Based Compensation

The Company has a stock-based compensation plan for its directors, executives and certain key employees under which the grant of stock options and other share-based awards is authorized. We recorded $114 and $712 in stock compensation expense for the three and six months ended June 30, 2012, respectively, compared to $2,342 and $3,519 for the three and six months ended June 30, 2011, respectively. The wide fluctuations in stock-based compensation expense recorded for the second quarter and first six months of 2012, as compared to the same periods in 2011, are a function of the accounting required for the cash-settled portion of our performance-based share awards, as further explained below in the “Stock Awards” section.

Stock Options

No stock options were issued during the first six months of 2012 and 2011.

Changes in stock options were as follows:

	Shares		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Terms		Aggregate Intrinsic Value
Outstanding January 1, 2012		1,391	$	11.07		5.8	$	2,012
Granted		—		—		—		—
Exercised		—		—				—
Forfeited or expired		—		—		—		—
Outstanding June 30, 2012		1,391		11.07		5.3		2,006
Vested or expected to vest		1,374		11.15		5.3		1,935
Exercisable		520		5.65		6.3		1,536

Intrinsic value for stock options is defined as the difference between the current market value of the Company’s common stock and the exercise price of the stock option. When the current market value is less than the exercise price, there is no aggregate intrinsic value.

Stock Awards

In January 2012, the Company awarded unvested common shares to members of its Board of Directors. In total, non-management board members were awarded 55 unvested shares with an approximate aggregate fair value of $500. One-third of the shares vest on the first, second and third anniversary of the grant date. These awarded shares are participating securities which provide the recipient with both voting rights and, to the extent dividends, if any, are paid by the Company, non-forfeitable dividend rights with respect to such shares.

Changes in nonvested shares for the first half of 2012 were as follows:

	Shares			Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2012		682		$	4.28
Granted		55			9.06
Vested		(179	)		4.16
Forfeited		—			—
Nonvested at June 30, 2012		558		$	4.79

In the first quarter of 2010, 517 performance shares were granted to certain members of management, which are convertible to stock, on a one-to-one basis, contingent upon future stock price performance. If, at any time up to ten years after the date of grant, the Company’s common stock attains three separate incrementally increasing stock price goals beginning with a price representing approximately 350% of the average stock price on the date of grant, a portion of the awards will vest. On July 7, 2011, the first tranche of shares reached their vesting price. As a result, 117 shares of common stock were issued on the respective date.

In addition, in the first quarter of 2010, 258 performance shares were granted to certain members of management, which are settled in cash rather than stock. If, at any time up to ten years after the date of grant, the Company’s common stock attains three separate incrementally increasing stock price goals beginning with a price representing approximately 350% of the average stock price on the date of grant, a portion of the awards will vest. On July 7, 2011, the first tranche of these shares reached their vesting price. Accordingly, the equivalent of 58 shares of common stock were paid in cash on the respective date. The cash-settled shares are re-measured each balance sheet date using a Monte Carlo model and recorded as a liability. Any increase in the value of such awards followed by a subsequent decrease will result in the reversal of stock compensation expense, as was the case in the second quarter of 2012. During the second quarter, these cash-settled shares were measured using an assumption of 87.9% volatility, and a risk-free rate of 1.24%, resulting in an estimated aggregate fair value of approximately $2,437, which is recorded to the stock compensation liability over the estimated derived service period (also estimated using a Monte Carlo model), which was approximately 0.8 years as of June 30, 2012.

Treasury Stock

On August 3, 2011, our Board of Directors authorized the purchase of up to 500 shares of the Company’s common stock in open market or privately-negotiated transactions. The repurchase plan expires in August 2013. To date, we have purchased 352 shares pursuant to this repurchase program. There can be no assurance that any additional share purchases will be made. The number of shares actually purchased in future periods will depend on various factors, including limitations imposed by the Company’s debt instruments, the price of our common stock, overall market and business conditions, and management’s assessment of competing alternatives for capital deployment. We repurchased 23 and 32 shares at a total cost of $199 and $297, including commissions, of common stock during the three and six months ended June 30, 2012, respectively, including shares repurchased from employees of the Company that were withheld to satisfy tax withholding obligations due upon vesting of a restricted stock award.

Cash Dividends

On May 1, 2012, our Board of Directors declared a quarterly dividend of $0.02 per common share, payable on May 30, 2012, to stockholders of record as of the close of business on May 15, 2012. The amount paid was $352.

On August 2, 2012, our Board of Directors declared a quarterly dividend of $0.02 per common share, payable on August 31, 2012, to stockholders of record as of the close of business on August 15, 2012. Future declarations of quarterly dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 02, 2012
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Trading Symbol	CCIX
Entity Registrant Name	COLEMAN CABLE, INC.
Entity Central Index Key	0001323653
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		17,791,251

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RELATED PARTIES

6 Months Ended

Jun. 30, 2012

RELATED PARTIES

10. RELATED PARTIES

We lease our corporate office facility from certain members of our Board of Directors and executive management, and we made rental payments of $103 and $206 for the three and six months ended June 30, 2012, respectively. We made rental payments of $134 and $268 for our corporate office facility for the three and six months ended June 30, 2011, respectively. In addition, we leased three manufacturing facilities from an entity in which one of our executive officers has a minority interest, and we recorded expense of $330 and $591 for the three and six months ended June 30, 2011, respectively. We purchased these three manufacturing facilities for $6,505 in the first quarter of 2012.

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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Foreign currency translation adjustments, tax	$ 76	$ (127)	$ 9	$ (143)
Unrealized investment gain, tax		8		424
Pension adjustments, tax		$ (1)		$ 2

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RESTRUCTURING ACTIVITIES

6 Months Ended

Jun. 30, 2012

RESTRUCTURING ACTIVITIES

4. RESTRUCTURING ACTIVITIES

We incurred restructuring costs of $23 and $356 during the second quarter and first half of 2012, respectively, and $195 for the second quarter and first half of 2011. For 2012, the majority of these charges related to costs incurred at facilities closed in prior years, currently consisting of two leased and one owned facility for which we continue to pay holding costs. For 2011, the majority of restructuring costs were for severance costs at TRC.

Our restructuring reserve was $1,654 as of June 30, 2012, recorded within accrued liabilities and other long-term liabilities, comprised of $84 in a severance and other closing costs accrual, with the balance in the reserve representing our estimate of the remaining liability existing relative to two closed properties under lease and which is equal to our remaining obligation under such lease reduced by estimated sublease rental income reasonably expected for the property. Accordingly, the liability may be increased or decreased in future periods as facts and circumstances change, including possible negotiation of a lease termination, sublease agreement, or changes in the related market in which the property is located. Restructuring expense is not segregated by reportable segment as our operating segments share common production processes and manufacturing facilities, as discussed in Note 17 below.

	Lease Termination Costs			Severance & Other Closing Costs			Total
BALANCE — December 31, 2011	$	2,324		$	815		$	3,139
Provision		(24	)		380			356
Cash payments		(730	)		(1,111	)		(1,841	)
BALANCE — June 30, 2012	$	1,570		$	84		$	1,654

In May 2012, we announced plans to close our manufacturing facility in Texarkana, Arkansas. As planned, we ceased all production at the facility in July of 2012 and will recognize approximately $800 to $1,000 in closing-related costs primarily consisting of severance and equipment-moving costs. Most of these costs will be incurred in the third and fourth quarters of 2012. The operations of this facility have been moved to other existing manufacturing facilities, supplemented by foreign-sourcing of certain products.

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ACQUISITIONS

6 Months Ended

Jun. 30, 2012

ACQUISITIONS

3. ACQUISITIONS

2012 Acquisition – Watteredge

On May 31, 2012 Coleman, through a 100%-owned subsidiary, completed the acquisition of most of the operating assets (and assumed certain liabilities) of Watteredge, Inc., an Ohio corporation that designs, manufactures and sells secondary power connectors, including electric arc furnace cables, resistance welding cables, industrial high-performance copper bus and accessories, and other high performance power conduction devices and accessories. Watteredge serves the steel, chemical, chlorine, power generation, fiberglass and automotive industries and sells its products and services worldwide. Coleman retained Watteredge’s workforce and has continued all of Watteredge’s production at its current manufacturing plant in Avon Lake, Ohio.

The acquisition of the assets of Watteredge, whose sales were nearly $25,000 for 2011, was structured as an all-cash transaction valued at approximately $33,674 (equal to a $35,000 preliminary purchase price adjusted by a $1,326 working capital adjustment). The transaction was funded with proceeds from Coleman's revolving credit facility. Watteredge has been included as a component of our Engineered Solutions segment reported herein.

2011 Acquisitions

During the second quarter of 2011, we utilized cash on hand, as well as borrowings under our credit facility to complete three business combinations (collectively, the “2011 Acquisitions”), as set forth below. Each of these 2011 Acquisitions was structured as a cash transaction, with aggregate consideration totaling $68,900. As discussed below, $2,331 of the TRC (as defined below) consideration consisted of our previously existing ownership interest.

Acquisition of the Assets of The Designers Edge (“DE”)

On April 1, 2011, we acquired certain assets of DE, a leading designer and distributor of specialty lighting products in the U.S. and Canada. The total purchase price for the assets acquired, primarily trade receivables and merchandise inventories, was $10,092. The acquisition of DE’s assets has significantly expanded our product portfolio across a wide range of lighting product categories, including industrial, work and utility, as well as products for security and landscape applications. We fully integrated the acquired assets of DE into our existing Distribution segment during the second quarter of 2011.

Acquisition of the Assets of First Capitol Wire and Cable (“FCWC”) and Continental Wire and Cable (“CWC”)

On April 29, 2011, we acquired the assets of FCWC and CWC, both of which were privately-held entities based in York, Pennsylvania, with CWC being a 100%-owned subsidiary of FCWC. These two entities are leading manufacturers of industrial wire and cable products used across a number of commercial, utility and industrial end-markets. The total purchase price for the assets acquired, primarily merchandise inventories and production equipment, was $7,298. The acquisition of the assets of FCWC and CWC allowed us to expand our capabilities, product offerings and capacity for producing a wide assortment of high-quality industrial cables. We fully integrated the assets of FCWC and CWC into our existing operations during the second quarter of 2011.

Acquisition of Technology Research Corporation (“TRC”)

On May 16, 2011, we completed the acquisition of 100% of the outstanding stock of TRC, pursuant to a merger agreement under which each outstanding share of TRC common stock was converted into the right to receive $7.20 per share payable in cash. TRC is a recognized leader in providing cost effective engineered solutions for applications involving power management and control, intelligent battery systems technology and electrical safety products based on proven ground fault sensing and Fire Shield^® technology. These products are designed, manufactured and distributed to the consumer, commercial and industrial markets worldwide. TRC also supplies power monitors and control equipment to the United States military and its prime contractors. We believe the TRC acquisition both strengthens and diversifies our overall portfolio. The total purchase price consideration for TRC was $51,510, including the acquisition-date fair value of an approximate 4.8% interest in TRC’s common stock acquired by Coleman prior to submitting its acquisition proposal for TRC.

We integrated a portion of TRC’s legacy business into our Distribution segment during 2011. The remainder of TRC’s legacy business, its military and specialty vehicle business, is a component of the Engineered Solutions segment reported herein.

Each of the above acquisitions has been included in our condensed consolidated financial statements, including our results of operations, beginning from each respective acquisition date. Accordingly, the condensed consolidated statements of income for the three and six months ended June 30, 2012 includes the full impact of operations for the assets acquired in connection with the 2011 Acquisitions, but only one month of results for Watteredge. The condensed consolidated statements of income for the three and six months ended June 30, 2011 includes three months of operations for the assets acquired in connection with the DE acquisition, approximately two months of operations for the assets acquired in connection with the FCWC and CWC acquisition, and approximately six weeks of operations related to TRC.

We incurred acquisition-related costs, including outside legal, consulting and other fees, of $364 and $366 for the three and six months ended June 30, 2012, respectively. We incurred acquisition-related costs, including outside legal, consulting and other fees, of $1,677 and $2,578 for the three and six months ended June 30, 2011, respectively. These costs have been recorded as a component of selling, general and administrative expenses in our condensed consolidated statements of income.

Purchase Price Allocations

Each of the above acquisitions was accounted for under the purchase method of accounting. Accordingly, we have allocated the purchase price for each acquisition to the net assets acquired based on the related estimated fair values at each respective acquisition date. The expected long-term growth, increased market position and expected synergies to be generated from the acquisitions are the primary factors which gave rise to acquisition prices for each of the acquisitions which resulted in the recognition of goodwill.

The purchase price allocations for the 2011 Acquisitions have been finalized. At the end of the first quarter of 2012, we finalized our purchase accounting for DE as certain purchase price and other matters relative to this acquisition were resolved. As a result, the total purchase price was lowered by $833, with a corresponding reduction in the goodwill recorded with respect to this acquisition. The purchase price allocation for the Watteredge acquisition has been determined provisionally and is subject to revision as additional information about the fair value of individual assets and liabilities becomes available. Accordingly, the provisional measurement of accounts receivable, inventories, property, plant and equipment, intangible assets, current liabilities, taxes, and goodwill are subject to change. Any change in the acquisition date fair value of the acquired net assets will change the amount of the purchase price allocable to goodwill.

The table below summarizes the final allocations of purchase price related to the 2011 Acquisitions and the provisional allocation of purchase price related to the Watteredge acquisition.

	2011 Acquisitions
	DE		FCWC and CWC			TRC			Watteredge
Cash and cash equivalents	$	—	$	—		$	8,180		$	—
Accounts receivable		2,123		—			4,073			2,720
Income tax receivable		—		—			1,077			—
Inventories		3,129		1,631			8,794			2,249
Prepaid expenses and other current assets		—		44			314			59
Property, plant and equipment		157		3,687			4,668			3,363
Other assets		—		—			33			—
Deferred income tax asset		18		288			309			—
Intangible assets		2,115		1,200			8,287			17,020
Goodwill		2,550		696			23,541			10,664
Total assets acquired		10,092		7,546			59,276			36,075
Current liabilities		—		—			(4,515	)		(2,401	)
Deferred income tax liability		—		(248	)		(3,251	)		—
Total liabilities assumed		—		(248	)		(7,766	)		(2,401	)
Net assets acquired	$	10,092	$	7,298		$	51,510		$	33,674

A total of approximately $16,197 of goodwill is deductible for income tax purposes of which $10,664 is attributable to Watteredge. All of the goodwill of DE, FCWC, and CWC has been assigned to our Distribution segment. TRC goodwill has been allocated between our Distribution and Engineered Solutions segments. Watteredge goodwill has been allocated to our Engineered Solutions segment.

The purchase price allocation to identifiable intangible assets, which are all amortizable, along with their respective weighted-average amortization periods at the acquisition date are as follows:

	Weighted- Average Amortization Period		2011 Acquisitions
			DE		FCWC and CWC		TRC		Watteredge
Customer relationships		6	$	900	$	600	$	1,460	$	9,000
Trademarks and trade names		6		610		600		1,450		6,600
Developed technology		3		560		—		2,000		970
Contractual agreements		3		—		—		2,900		—
Non-competition agreements		2		45		—		80		—
Backlog		1		—		—		340		450
Other		6		—		—		57		—
Total intangible assets			$	2,115	$	1,200	$	8,287	$	17,020

Unaudited Selected Pro Forma Financial Information

The following unaudited pro forma financial information summarizes our estimated combined results of operations assuming that our only material business combination consummated, TRC, which was during the second quarter of 2011 had taken place on January 1, 2010. The unaudited pro forma combined results of operations were prepared using historical financial information of TRC, and we make no representation with respect to the accuracy of such information. The pro forma combined results of operations reflect adjustments for interest expense, depreciation adjustments based on the fair value of acquired property, plant and equipment, amortization of acquired identifiable intangible assets, income tax expense, and excludes acquisition costs. The unaudited pro forma information is presented for informational purposes only and does not include any anticipated cost savings or other effects of integration, nor do they purport to be indicative of the results of operations that actually would have resulted had the acquisition of TRC occurred on the date indicated or may result in the future.

	Three Months Ended June 30,		Six Months Ended June 30,
	2011		2011
Net sales	$	223,856	$	438,795
Net income		2,172		9,010

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FAIR VALUE DISCLOSURE

6 Months Ended

Jun. 30, 2012

FAIR VALUE DISCLOSURE

15. FAIR VALUE DISCLOSURE

Accounting guidance for fair value measurements specifies a hierarchy of valuation techniques based upon whether the inputs to those valuation techniques reflect assumptions other market participants would use based upon market data obtained from independent sources or reflect our own assumptions of market participant valuation. The hierarchy is broken down into three levels based on the reliability of the inputs as follows:

Level 1 Inputs – Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date.

Level 2 Inputs – Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 Inputs – Level 3 inputs are unobservable inputs for the asset or liability.

As of the periods ending June 30, 2012 and December 31, 2011, we utilized Level 1 inputs to determine the fair value of cash and cash equivalents, derivatives, and equity securities.

We classify cash on hand and deposits in banks, including money market accounts, commercial paper, and other investments with an original maturity of three months or less, that we hold from time to time, as cash and cash equivalents. The primary objective of our investment activities is to preserve our capital for the purpose of funding operations.

Financial assets measured at fair value on a recurring basis are summarized below:

	Fair Value Measurement
	June 30, 2012								December 31, 2011
	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Assets:
Cash and Cash Equivalents	$	5,468	$	—	$	—	$	5,468	$	9,746	$	—	$	—	$	9,746
Derivative Assets, Inclusive of Collateral		94		—		—		94		108		—		—		108
Total	$	5,562	$	—	$	—	$	5,562	$	9,854	$	—	$	—	$	9,854

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COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2012

COMMITMENTS AND CONTINGENCIES

11. COMMITMENTS AND CONTINGENCIES

Operating Leases

We lease certain of our buildings, machinery and equipment under lease agreements that expire at various dates over the next ten years. Rental expense under operating leases was $1,298 and $2,628 for the three and six months ended June 30, 2012, respectively, and was $1,596 and $3,076 for the three and six months ended June 30, 2011, respectively.

Legal Matters

We are party to one environmental claim. The Leonard Chemical Company Superfund site consists of approximately 7.1 acres of land in an industrial area located a half mile east of Catawba, York County, South Carolina. The Leonard Chemical Company operated this site until the early 1980s for recycling of waste solvents. These operations resulted in the contamination of soils and groundwater at the site with hazardous substances. In 1984, the U.S. Environmental Protection Agency (the “EPA”) listed this site on the National Priorities List. Riblet Products Corporation, with which the Company merged in 2000, was identified through documents as a company that sent solvents to the site for recycling and was one of the companies receiving a special notice letter from the EPA identifying it as a party potentially liable under the Comprehensive Environmental Response, Compensation, and Liability Act for cleanup of the site.

In 2004, along with other “potentially responsible parties” (“PRPs”), we entered into a Consent Decree with the EPA requiring the performance of a remedial design and remedial action (“RD/RA”) for this site. We have entered into a Site Participation Agreement with the other PRPs for fulfillment of the requirements of the Consent Decree. Under the Site Participation Agreement, we are responsible for 9.19% share of the costs for the RD/RA. As of June 30, 2012 and December 31, 2011, we had a $407 and $341 accrual, respectively, recorded for this liability.

Though no assurances are possible, we believe that our accruals represent our probable obligation related to the environmental litigation and other claims, and are sufficient and that these items and our rights to available insurance and indemnity will be resolved without material effect on our financial position, results of operations or cash flows.

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DEBT

6 Months Ended

Jun. 30, 2012

DEBT

7. DEBT

	June 30, 2012			December 31, 2011
Revolving Credit Facility	$	84,305		$	30,000
Senior Notes due 2018, including unamortized discount of $2,510 and $2,735, respectively		272,489			272,265
Capital lease obligations		754			836
		357,548			303,101
Less current portion		(167	)		(166	)
Long-term debt	$	357,381		$	302,935

Senior Secured Revolving Credit Facility

Our $250,000, five-year revolving credit facility agreement with an accordion feature that allows us to increase our borrowings by an additional $50,000 (the “Revolving Credit Facility”), which expires on October 1, 2016, is an asset-based loan facility, with a $20,000 Canadian facility sublimit, and which is secured by substantially all of our assets, as further detailed below. We incurred $1,500 in fees and direct costs related to negotiating the Revolving Credit Facility. These respective fees and costs are being amortized over the life of the revolver. At June 30, 2012, we had $84,305 in borrowings under the facility, with $81,389 in remaining excess availability. At December 31, 2011, we had $30,000 in borrowings under the credit facility, with $120,288 in remaining excess availability. The $84,305 in borrowings under the Revolving Credit Facility approximate fair value of such debt at June 30, 2012 (Level 2).

The interest rate charged on borrowings under the Revolving Credit Facility is based on our election of either the base rate (greater of the federal funds rate plus 0.50% and the lender’s prime rate) plus a range of 0.25% to 0.75% or the Eurodollar rate plus a range of 1.50% to 2.00%, in each case based on quarterly average excess availability under the Revolving Credit Facility. In addition, we pay an unused line fee of between 0.25% and 0.50% based on quarterly average excess availability pursuant to the terms of the Revolving Credit Facility.

Pursuant to the terms of the Revolving Credit Facility, we are required to maintain a fixed charge covenant ratio of not less than 1.0 to 1.0 for any month during which our excess availability under the Revolving Credit Facility falls below $30,000. Borrowing availability under the Revolving Credit Facility is limited to the lesser of (1) $250,000 or (2) the sum of 85% of eligible accounts receivable, 70% of eligible inventory, with a maximum amount of borrowing-base availability which may be generated from inventory of $150,000 for the U.S. portion and $12,000 Canadian for the Canadian portion, and an advance rate to be 75% of certain appraised real estate and 85% of certain appraised equipment and capped at $62,500, with a $15,000 sublimit for letters of credit. Our current availability does not include additional availability that may be generated by adding real estate and certain equipment to the borrowing base.

The Revolving Credit Facility is guaranteed by CCI International Inc. (“CCI International”), TRC (excluding TRC’s 100%-owned foreign subsidiary, TRC Honduras, S.A. de C.V.) and Patco Electronics (“Patco”), each of which are 100%-owned domestic subsidiaries, and is secured by substantially all of our assets and the assets of each of CCI International, TRC and Patco, including accounts receivable, inventory and any other tangible and intangible assets (including real estate, machinery and equipment and intellectual property) as well as by a pledge of all the capital stock of CCI International, TRC and Patco and 65% of the capital stock of our Canadian foreign subsidiary, but not our Chinese 100%-owned entity.

As of June 30, 2012, we were in compliance with all of the covenants of our Revolving Credit Facility.

9% Senior Notes due 2018 (the “Senior Notes”)

Our Senior Notes were issued at a discount in 2010, resulting in proceeds of less than par value. This discount is being amortized to par value over the remaining term of the Senior Notes. As of June 30, 2012, we were in compliance with all of the covenants of our Senior Notes.

	June 30, 2012
Senior Notes
Face Value	$275,000
Fair Value (Level 1)	$285,313
Interest Rate	9%
Interest Payment	Semi-Annually February 15th and August 15th
Maturity Date	February 15, 2018
Guarantee	Jointly and severally guaranteed fully and unconditionally by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC
Optional redemption (1)(2)
	Beginning Date	Percentage
	February 15, 2014	104.50%
	February 15, 2015	102.25%
	February 15, 2016	100.00%

(1) The Company may, at its option, redeem the Senior Notes, in whole at any time or in part from time to time, on or after the above-noted dates and at the above-noted percentages of the principal amount thereof (plus interest due).

(2) In addition, the Company may, at its option, use the net cash proceeds from a public equity offering, to redeem up to 35% of the aggregate principal amount of the Senior Notes at a redemption price equal to 109.00% of the principal amount, plus accrued and unpaid interest if completed before February 15, 2013.

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Commodity Derivatives (Detail) (Copper Commodity Contract, USD $) In Thousands, unless otherwise specified	Jun. 30, 2012		Jun. 30, 2011
Derivative [Line Items]
Cash Collateral Posted	$ 172	[1]	$ 229	[1]
Fair Value Asset		[1],[2]		[1],[2]
Fair Value Liability	$ 78	[1],[3]	$ 132	[1],[3]
Long Futures Contracts
Derivative [Line Items]
Contract Position Long	150	[1]
Short Futures Contracts
Derivative [Line Items]
Contract Position Long	625	[1]	625	[1]

[1] All of our copper futures contracts mature in less than three months and are tied to the price of copper on the COMEX and, accordingly, the value of such futures contracts changes directly in relation thereto.

[2] Balance recorded in "Prepaid expenses and other current assets."

[3] Balance recorded in "Accrued liabilities."

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INVENTORIES

6 Months Ended

Jun. 30, 2012

INVENTORIES

5. INVENTORIES

Inventories consisted of the following:

	June 30, 2012		December 31, 2011
FIFO cost:
Raw materials	$	46,320	$	39,209
Work in progress		4,643		3,853
Finished products		71,634		65,627
Total	$	122,597	$	108,689

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ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2012

ACCRUED LIABILITIES

6. ACCRUED LIABILITIES

Accrued liabilities consisted of the following:

	June 30, 2012		December 31, 2011
Salaries, wages and employee benefits	$	7,690	$	8,825
Sales incentives		7,280		10,460
Interest		9,466		9,382
Other		7,735		7,095
Total	$	32,171	$	35,762

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EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2012

EARNINGS PER SHARE

8. EARNINGS PER SHARE

We compute earnings per share using the two-class method, which is an earnings allocation formula that determines earnings per share for common stock and participating securities. Our participating securities are our grants of restricted stock, as such awards contain non-forfeitable rights to dividends. Security holders are not obligated to fund the Company’s losses, and therefore, participating securities are not allocated a portion of these losses in periods where a net loss is recorded. As of June 30, 2012 and 2011, the impact of participating securities on net income allocated to common shareholders and the dilutive effect of share-based awards outstanding on weighted average shares outstanding was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
Components of Basic and Diluted Earnings per Share	2012			2011			2012			2011
Basic EPS Numerator:
Net income	$	7,629		$	4,376		$	11,356		$	9,603
Less: Earnings allocated to participating securities		(70	)		(71	)		(104	)		(156	)
Net income allocated to common shareholders	$	7,559		$	4,305		$	11,252		$	9,447
Basic EPS Denominator:
Weighted average shares outstanding		17,086			17,131			17,072			17,105
Basic earnings per common share	$	0.44		$	0.25		$	0.66		$	0.55
Diluted EPS Numerator:
Net income	$	7,629		$	4,376		$	11,356		$	9,603
Less: Earnings allocated to participating securities		(70	)		(70	)		(104	)		(154	)
Net income allocated to common shareholders	$	7,559		$	4,306		$	11,252		$	9,449
Diluted EPS Denominator:
Weighted average shares outstanding		17,086			17,131			17,072			17,105
Dilutive common shares issuable upon exercise of stock options		223			243			236			206
Diluted weighted average shares outstanding		17,309			17,374			17,308			17,311
Diluted earnings per common share	$	0.44		$	0.25		$	0.65		$	0.55

Options

Options with respect to 771 common shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2012, respectively, because they were antidilutive. Options with respect to 774 common shares were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2011, respectively, because they were antidilutive.

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Benefit Plans - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Defined Benefit Plan Disclosure [Line Items]
Defined contribution savings plans expenses	$ 267	$ 248	$ 689	$ 559
Riblet Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Number of employees currently receiving or eligible to receive future benefits			81
Net periodic benefit cost	$ 14	$ 8	$ 28	$ 16

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Other (Income) Loss - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Components of Other Income (Expense) [Line Items]
Other loss, net	$ (71)	$ 45	$ 3	$ (86)

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Income Taxes - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	1 Months Ended	3 Months Ended	6 Months Ended
	May 31, 2011	Jun. 30, 2011	Jun. 30, 2011
Income Taxes [Line Items]
Gain loss on sale of securities	$ 753	$ 753	$ 753
Technology Research Corporation
Income Taxes [Line Items]
Equity method investment, ownership percentage	4.80%

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DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2012

Commodity Derivatives

	Contract Position (In Total Pounds)				Cash Collateral Posted		Fair Value
Commodity Derivatives	Long		Short				Asset (2)		Liability (3)
Copper futures contracts outstanding as of (1):
Period ended June 30, 2012		150		625	$	172	$	—	$	78
Period ended June 30, 2011		—		625	$	229	$	—	$	132

(1) All of our copper futures contracts mature in less than three months and are tied to the price of copper on the COMEX and, accordingly, the value of such futures contracts changes directly in relation thereto.

(2) Balance recorded in “Prepaid expenses and other current assets.”

(3) Balance recorded in “Accrued liabilities.”

Derivatives Not Accounted As Hedges Under Accounting Rules

As hedge accounting has not been applied to any of our open hedges for 2012 and 2011, no associated losses or gains have been recorded within OCI.

Derivatives Not Accounted for as Hedges Under the Accounting Rules	Gain Recognized in Income		Location of Gain Recognized in Income
Copper commodity contracts:
Three months ended June 30, 2012	$	71		Cost of goods sold
Three months ended June 30, 2011		45		Cost of goods sold
Six months ended June 30, 2012		24		Cost of goods sold
Six months ended June 30, 2011		307		Cost of goods sold

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Optional Redemption (Detail)	Jun. 30, 2012
Debtor Optional Redemption Period 1
Debt Instrument [Line Items]
Optional redemption Beginning Date	Feb. 15, 2014	[1],[2]
Optional redemption Percentage	104.50%	[1],[2]
Debtor Optional Redemption Period 2
Debt Instrument [Line Items]
Optional redemption Beginning Date	Feb. 15, 2015	[1],[2]
Optional redemption Percentage	102.25%	[1],[2]
Debtor Optional Redemption Period 3
Debt Instrument [Line Items]
Optional redemption Beginning Date	Feb. 15, 2016	[1],[2]
Optional redemption Percentage	100.00%	[1],[2]

[1] In addition, the Company may, at its option, use the net cash proceeds from a public equity offering, to redeem up to 35% of the aggregate principal amount of the Senior Notes at a redemption price equal to 109.00% of the principal amount, plus accrued and unpaid interest if completed before February 15, 2013.

[2] The Company may, at its option, redeem the Senior Notes, in whole at any time or in part from time to time, on or after the above-noted dates and at the above-noted percentages of the principal amount thereof (plus interest due).

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INCOME TAXES

6 Months Ended

Jun. 30, 2012

INCOME TAXES

13. INCOME TAXES

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Effective Tax Rate		33.8	%		29.8	%		34.0	%		31.3	%

The increase in our tax rate for the three and six months ended June 30, 2012, as compared to the same respective periods of 2011, primarily reflects an increase in our pre-tax income in 2012 as well as a more favorable rate in 2011 resulting from the impact of a $753 non-taxable gain on our approximate 4.8% equity holdings in TRC at the time of the acquisition in May, 2011.

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SUPPLEMENTAL GUARANTOR INFORMATION

6 Months Ended

Jun. 30, 2012

SUPPLEMENTAL GUARANTOR INFORMATION

18. SUPPLEMENTAL GUARANTOR INFORMATION

The Senior Notes and the Revolving Credit Facility are instruments of the parent, and are reflected in their respective balance sheets. As of June 30, 2012, our payment obligations under the Senior Notes and the Revolving Credit Facility (see Note 7) were guaranteed by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC (excluding TRC’s 100%-owned foreign subsidiary, TRC Honduras, S.A. de C.V.) (the “Guarantor Subsidiaries”). Such guarantees are full, unconditional, and joint and several. The following unaudited supplemental financial information sets forth, on a combined basis, balance sheets, statements of income, statements of comprehensive income and statements of cash flows for Coleman Cable, Inc. (“Parent”) and the Guarantor Subsidiaries. The condensed consolidating financial statements have been prepared on the same basis as the condensed consolidated financial statements of Parent. The equity method of accounting is followed within this financial information.

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	207,199		$	8,609		$	20,103		$	(4,679	)	$	231,232
COST OF GOODS SOLD		176,065			6,561			17,302			(4,679	)		195,249
GROSS PROFIT		31,134			2,048			2,801			—			35,983
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		12,447			2,070			1,227			—			15,744
INTANGIBLE ASSET AMORTIZATION		1,176			340			226			—			1,742
RESTRUCTURING CHARGES		(15	)		41			(3	)		—			23
OPERATING INCOME (LOSS)		17,526			(403	)		1,351			—			18,474
INTEREST EXPENSE		7,008			—			15			—			7,023
OTHER INCOME, NET		—			—			(71	)		—			(71	)
INCOME (LOSS) BEFORE INCOME TAXES		10,518			(403	)		1,407			—			11,522
INCOME FROM SUBSIDIARIES		909			—			—			(909	)		—
INCOME TAX EXPENSE (BENEFIT)		3,798			(134	)		229			—			3,893
NET INCOME (LOSS)	$	7,629		$	(269	)	$	1,178		$	(909	)	$	7,629

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary		Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	213,376		$	—	$	16,489		$	(10,015	)	$	219,850
COST OF GOODS SOLD		183,989			—		13,635			(10,015	)		187,609
GROSS PROFIT		29,387			—		2,854			—			32,241
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		15,192			—		2,450			—			17,642
INTANGIBLE ASSET AMORTIZATION		1,345			—		404			—			1,749
RESTRUCTURING CHARGES		(8	)		—		203			—			195
OPERATING INCOME (LOSS)		12,858			—		(203	)		—			12,655
INTEREST EXPENSE		7,062			—		64			—			7,126
GAIN ON AVAILABLE FOR SALE SECURITIES		(753	)		—		—			—			(753	)
OTHER LOSS, NET		—			—		45			—			45
INCOME (LOSS) BEFORE INCOME TAXES		6,549			—		(312	)		—			6,237
LOSS FROM SUBSIDIARIES		(134	)		—		—			134			—
INCOME TAX EXPENSE (BENEFIT)		2,039			—		(178	)		—			1,861
NET INCOME (LOSS)	$	4,376		$	—	$	(134	)	$	134		$	4,376

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries		Eliminations			Total
NET SALES	$	404,627		$	16,318		$	39,928	$	(9,150	)	$	451,723
COST OF GOODS SOLD		347,229			12,423			34,568		(9,150	)		385,070
GROSS PROFIT		57,398			3,895			5,360		—			66,653
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		25,404			3,763			2,307		—			31,474
INTANGIBLE ASSET AMORTIZATION		2,606			732			228		—			3,566
RESTRUCTURING CHARGES		(208	)		262			302		—			356
OPERATING INCOME (LOSS)		29,596			(862	)		2,523		—			31,257
INTEREST EXPENSE		14,016			—			29		—			14,045
OTHER (INCOME) LOSS, NET		—			(1	)		4		—			3
INCOME (LOSS) BEFORE INCOME TAXES		15,580			(861	)		2,490		—			17,209
INCOME FROM SUBSIDIARIES		1,523			—			—		(1,523	)		—
INCOME TAX EXPENSE (BENEFIT)		5,747			(297	)		403		—			5,853
NET INCOME (LOSS)	$	11,356		$	(564	)	$	2,087	$	(1,523	)	$	11,356

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary		Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	410,075		$	—	$	29,253		$	(13,677	)	$	425,651
COST OF GOODS SOLD		352,553			—		24,508			(13,677	)		363,384
GROSS PROFIT		57,522			—		4,745			—			62,267
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		27,620			—		3,874			—			31,494
INTANGIBLE ASSET AMORTIZATION		2,923			—		409			—			3,332
RESTRUCTURING CHARGES		(8	)		—		203			—			195
OPERATING INCOME		26,987			—		259			—			27,246
INTEREST EXPENSE		13,969			—		129			—			14,098
GAIN ON AVAILABLE FOR SALE SECURITIES		(753	)		—		—			—			(753	)
OTHER INCOME, NET		—			—		(86	)		—			(86	)
INCOME BEFORE INCOME TAXES		13,771			—		216			—			13,987
INCOME FROM SUBSIDIARIES		209			—		—			(209	)		—
INCOME TAX EXPENSE		4,377			—		7			—			4,384
NET INCOME	$	9,603		$	—	$	209		$	(209	)	$	9,603

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2012

	Parent		Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET INCOME (LOSS)	$	7,629	$	(269	)	$	1,178		$	(909	)	$	7,629
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, net of tax of $76		—		—			(233	)		—			(233	)
OTHER COMPREHENSIVE LOSS		—		—			(233	)		—			(233	)
COMPREHENSIVE INCOME (LOSS)	$	7,629	$	(269	)	$	945		$	(909	)	$	7,396

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiaries		Non Guarantor Subsidiary			Eliminations		Total
NET INCOME (LOSS)	$	4,376		$	—	$	(134	)	$	134	$	4,376
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax of $(127)		—			—		126			—		126
Unrealized investment gain, net of tax of $8		(741	)		—		—			—		(741	)
Pension adjustments, net of tax of $(1)		(2	)		—		—			—		(2	)
OTHER COMPREHENSIVE INCOME (LOSS)		(743	)		—		126			—		(617	)
COMPREHENSIVE INCOME (LOSS)	$	3,633		$	—	$	(8	)	$	134	$	3,759

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent		Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET INCOME (LOSS)	$	11,356	$	(564	)	$	2,087		$	(1,523	)	$	11,356
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, net of tax provision of $9		—		—			(48	)		—			(48	)
OTHER COMPREHENSIVE LOSS		—		—			(48	)		—			(48	)
COMPREHENSIVE INCOME (LOSS)	$	11,356	$	(564	)	$	2,039		$	(1,523	)	$	11,308

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiaries		Non Guarantor Subsidiary		Eliminations			Total
NET INCOME	$	9,603		$	—	$	209	$	(209	)	$	9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax benefit of $(143)		—			—		398		—			398
Unrealized investment gain, net of tax of $424		(89	)		—		—		—			(89	)
Pension adjustments, net of tax of $2		4			—		—		—			4
OTHER COMPREHENSIVE INCOME (LOSS)		(85	)		—		398		—			313
COMPREHENSIVE INCOME	$	9,518		$	—	$	607	$	(209	)	$	9,916

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	(857	)	$	1,769		$	4,556		$	—		$	5,468
Accounts receivable — net of allowances		112,275			4,856			10,358			—			127,489
Intercompany receivable		—			6,098			3,353			(9,451	)		—
Inventories		108,855			5,397			8,345			—			122,597
Deferred income taxes		2,696			595			87			—			3,378
Assets held for sale		546			—			—			—			546
Prepaid expenses and other current assets		5,732			2,376			1,105			—			9,213
Total current assets		229,247			21,091			27,804			(9,451	)		268,691
PROPERTY, PLANT AND EQUIPMENT, NET		67,897			3,856			5,298			—			77,051
GOODWILL		30,701			23,541			12,164			—			66,406
INTANGIBLE ASSETS, NET		18,747			6,168			16,878			—			41,793
DEFERRED INCOME TAXES		—			—			256			—			256
OTHER ASSETS		7,243			—			124			—			7,367
INVESTMENT IN SUBSIDIARIES		96,882			—			—			(96,882	)		—
TOTAL ASSETS	$	450,717		$	54,656		$	62,524		$	(106,333	)	$	461,564
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	167		$	—		$	—		$	—		$	167
Accounts payable		19,074			(40	)		2,480			—			21,514
Intercompany payable		59			3,353			6,039			(9,451	)		—
Accrued liabilities		26,411			1,162			4,598			—			32,171
Total current liabilities		45,711			4,475			13,117			(9,451	)		53,852
LONG-TERM DEBT		357,381			—			—			—			357,381
OTHER LONG-TERM LIABILITIES		2,657			35			54			—			2,746
DEFERRED INCOME TAXES		4,962			2,615			2			—			7,579
SHAREHOLDERS’ EQUITY:
Common stock		17			—			928			(928	)		17
Treasury stock		(3,086	)		—			—			—			(3,086	)
Additional paid-in capital		94,123			50,110			35,147			(85,257	)		94,123
Retained earnings (accumulated deficit)		(50,815	)		(2,579	)		13,511			(10,932	)		(50,815	)
Accumulated other comprehensive loss		(233	)		—			(235	)		235			(233	)
Total shareholders’ equity		40,006			47,531			49,351			(96,882	)		40,006
TOTAL LIABILITIES AND EQUITY	$	450,717		$	54,656		$	62,524		$	(106,333	)	$	461,564

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2011

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	4,086		$	724		$	4,936		$	—		$	9,746
Accounts receivable — net of allowances		105,900			3,404			11,263			—			120,567
Intercompany receivable		—			10,954			3,459			(14,413	)		—
Inventories		98,596			4,662			5,431			—			108,689
Deferred income taxes		2,674			595			86			—			3,355
Assets held for sale		546			—			—			—			546
Prepaid expenses and other current assets		7,039			2,075			1, 174			—			10,288
Total current assets		218,841			22,414			26,349			(14,413	)		253,191
PROPERTY, PLANT AND EQUIPMENT, NET		54,404			2,766			1,787			—			58,957
GOODWILL		31,675			23,541			1,508			—			56,724
INTANGIBLE ASSETS, NET		21,353			6,901			86			—			28,340
DEFERRED INCOME TAXES		58			—			318			—			376
OTHER ASSETS		8,016			—			132			—			8,148
INVESTMENT IN SUBSIDIARIES		61,724			—			—			(61,724	)		—
TOTAL ASSETS	$	396,071		$	55,622		$	30,180		$	(76,137	)	$	405,736
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	166		$	—		$	—		$	—		$	166
Accounts payable		25,154			473			3,454			—			29,081
Intercompany payable		2,552			3,459			8,402			(14,413	)		—
Accrued liabilities		30,154			927			4,681			—			35,762
Total current liabilities		58,026			4,859			16,537			(14,413	)		65,009
LONG-TERM DEBT		302,935			—			—			—			302,935
OTHER LONG-TERM LIABILITIES		3,184			—			10			—			3,194
DEFERRED INCOME TAXES		3,831			2,672			—			—			6,503
SHAREHOLDERS’ EQUITY:
Common stock		17			—			928			(928	)		17
Treasury stock		(2,789	)		—			—			—			(2,789	)
Additional paid-in capital		92,871			50,104			1,475			(51,579	)		92,871
Retained earnings (accumulated deficit)		(61,819	)		(2,013	)		11,423			(9,410	)		(61,819	)
Accumulated other comprehensive loss		(185	)		—			(193	)		193			(185	)
Total shareholders’ equity		28,095			48,091			13,633			(61,724	)		28,095
TOTAL LIABILITIES AND EQUITY	$	396,071		$	55,622		$	30,180		$	(76,137	)	$	405,736

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	$	11,356		$	(564	)	$	2,087		$	(1,523	)	$	11,356
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization		9,576			1,271			389			—			11,236
Stock-based compensation		712			—			—			—			712
Foreign currency transaction gain		—			—			3			—			3
Deferred taxes		1,307			(60	)		81			—			1,328
Excess tax benefits from stock-based compensation		(625	)		—			—			—			(625	)
Gain on disposal of fixed assets		(31	)		(10	)		—			—			(41	)
Equity in consolidated subsidiaries		(1,523	)		—			—			1,523			—
Changes in operating assets and liabilities:
Accounts receivable		(3,655	)		(1,453	)		786			—			(4,322	)
Inventories		(8,030	)		(734	)		(2,916	)		—			(11,680	)
Prepaid expenses and other assets		1,454			(300	)		77			—			1,231
Accounts payable		(5,246	)		(513	)		(949	)		—			(6,708	)
Intercompany accounts		(8,486	)		4,754			3,732			—			—
Accrued liabilities		(5,337	)		271			(37	)		—			(5,103	)
Net cash flow from operating activities		(8,528	)		2,662			3,253			—			(2,613	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(17,795	)		(1,617	)		(3,726	)		—			(23,138	)
Proceeds from sale of fixed assets		24			—			—			—			24
Acquisition of businesses, net of cash acquired		(32,842	)		—			—			—			(32,842	)
Net cash flow from investing activities		(50,613	)		(1,617	)		(3,726	)		—			(55,956	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities		253,028			—			—			—			253,028
Repayments under revolving loan facilities		(198,723	)		—			—			—			(198,723	)
Purchase of treasury stock		(297	)		—			—			—			(297	)
Repayment of long-term debt		(83	)		—			—			—			(83	)
Excess tax benefits from stock-based compensation		625			—			—			—			625
Cash dividends paid		(352	)		—			—			—			(352	)
Net cash flow from financing activities		54,198			—			—			—			54,198
Effect of exchange rate on cash and cash equivalents		—			—			93			—			93
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(4,943	)		1,045			(380	)		—			(4,278	)
CASH AND CASH EQUIVALENTS — Beginning of period		4,086			724			4,936			—			9,746
CASH AND CASH EQUIVALENTS — End of period	$	(857	)	$	1,769		$	4,556		$	—		$	5,468
NONCASH ACTIVITY
Unpaid capital expenditures		90			—			—			—			90
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid (refunded), net		1,822			(212	)		37			—			1,647
Cash interest paid		13,222			—			—			—			13,222

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary			Non Guarantor Subsidiaries			Eliminations			Total
CASH FLOW FROM OPERATING ACTIVITIES:
Net income	$	9,603		$	—		$	209		$	(209	)	$	9,603
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation and amortization		9,378			—			574			—			9,952
Stock-based compensation		3,519			—			—			—			3,519
Foreign currency transaction gain		—			—			(86	)		—			(86	)
Gain on available for sale securities		(753	)		—			—			—			(753	)
Deferred taxes		(2,504	)		—			(73	)		—			(2,577	)
Gain on disposal of fixed assets		(5	)		—			—			—			(5	)
Equity in consolidated subsidiaries		(209	)		—			—			209			—
Changes in operating assets and liabilities:
Accounts receivable		(16,832	)		—			1,444			—			(15,388	)
Inventories		(22,537	)		—			(1,319	)		—			(23,856	)
Prepaid expenses and other assets		925			(1	)		(378	)		—			546
Accounts payable		10,277			—			(1,856	)		—			8,421
Intercompany accounts		867			(36	)		(831	)		—			—
Accrued liabilities		(2,935	)		39			(1,199	)		—			(4,095	)
Net cash flow from operating activities		(11,206	)		2			(3,515	)		—			(14,719	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(5,036	)		—			(18	)		—			(5,054	)
Proceeds from sale of fixed assets		8			—			—			—			8
Acquisition of businesses, net of cash acquired		(63,883	)		—			5,202			—			(58,681	)
Net cash flow from investing activities		(68,911	)		—			5,184			—			(63,727	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities		89,560			—			—			—			89,560
Repayments under revolving loan facilities		(39,196	)		—			—			—			(39,196	)
Payment of deferred financing fees		(49	)											(49	)
Repayment of long-term debt		(4	)											(4	)
Proceeds from stock option exercises		67			—			—			—			67
Net cash flow from financing activities		50,378			—			—			—			50,378
Effect of exchange rate on cash and cash equivalents		—			—			315			—			315
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(29,739	)		2			1,984			—			(27,753	)
CASH AND CASH EQUIVALENTS — Beginning of period		30,493			77			2,884			—			33,454
CASH AND CASH EQUIVALENTS — End of period	$	754		$	79		$	4,868		$	—		$	5,701
NONCASH ACTIVITY
Unpaid capital expenditures		1,502			—			—			—			1,502
Unpaid business acquisition consideration		542			—			—			—			542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net		5,476			—			404			—			5,880
Cash interest paid		13,090			—			—			—			13,090

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Debt - Additional Information (Detail) In Thousands, unless otherwise specified	6 Months Ended	1 Months Ended															1 Months Ended				1 Months Ended
	Jun. 30, 2012	Aug. 04, 2011 Senior Secured Revolving Credit Facility USD ($)	Jun. 30, 2012 Senior Secured Revolving Credit Facility USD ($)	Dec. 31, 2011 Senior Secured Revolving Credit Facility USD ($)	Aug. 04, 2011 Senior Secured Revolving Credit Facility CAD	Aug. 04, 2011 Senior Secured Revolving Credit Facility CANADA	Aug. 04, 2011 Senior Secured Revolving Credit Facility Domestic Subsidiaries	Aug. 04, 2011 Senior Secured Revolving Credit Facility CHINA	Aug. 04, 2011 Technology Research Corporation Senior Secured Revolving Credit Facility Foreign Subsidiaries	Aug. 04, 2011 Federal Funds Rate Senior Secured Revolving Credit Facility	Aug. 04, 2011 Covenant Requirement Senior Secured Revolving Credit Facility USD ($)	Aug. 04, 2011 Covenant Requirement Senior Secured Revolving Credit Facility UNITED STATES USD ($)	Aug. 04, 2011 Covenant Requirement Senior Secured Revolving Credit Facility CANADA CAD	Aug. 04, 2011 Covenant Requirement Senior Secured Revolving Credit Facility Real Estate	Aug. 04, 2011 Covenant Requirement Senior Secured Revolving Credit Facility Equipment	Aug. 04, 2011 Letter of Credit Senior Secured Revolving Credit Facility USD ($)	Aug. 04, 2011 Minimum Senior Secured Revolving Credit Facility	Aug. 04, 2011 Minimum Base Rate Senior Secured Revolving Credit Facility	Aug. 04, 2011 Minimum Eurodollar Rates Senior Secured Revolving Credit Facility	Aug. 04, 2011 Minimum Covenant Requirement Senior Secured Revolving Credit Facility USD ($)	Aug. 04, 2011 Maximum Senior Secured Revolving Credit Facility	Aug. 04, 2011 Maximum Base Rate Senior Secured Revolving Credit Facility	Aug. 04, 2011 Maximum Eurodollar Rates Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Revolving credit facility agreed amount		$ 250,000			20,000						$ 250,000
Revolving credit facility Term		5 years
Credit facility additional Borrowings		50,000
Revolving Credit Facility expire date		Oct. 01, 2016
Fee and direct cost incurred in Negotiation		1,500
Borrowing under revolving credit facility			84,305	30,000
Remaining Excess availability			81,389	120,288																30,000
Debt instrument additional interest rate										0.50%								0.25%	1.50%			0.75%	2.00%
Unused line fee																	0.25%				0.50%
Line of credit facility, covenant terms		Pursuant to the terms of the Revolving Credit Facility, we are required to maintain a fixed charge covenant ratio of not less than 1.0 to 1.0 for any month during which our excess availability under the Revolving Credit Facility falls below $30,000. Borrowing availability under the Revolving Credit Facility is limited to the lesser of (1) $250,000 or (2) the sum of 85% of eligible accounts receivable, 70% of eligible inventory, with a maximum amount of borrowing-base availability which may be generated from inventory of $150,000 for the U.S. portion and $12,000 Canadian for the Canadian portion, and an advance rate to be 75% of certain appraised real estate and 85% of certain appraised equipment and capped at $62,500, with a $15,000 sublimit for letters of credit. Our current availability does not include additional availability that may be generated by adding real estate and certain equipment to the borrowing base.
Fixed charge coverage ratio																				1.0
Line of credit facility , covenant percentage of eligible accounts receivable											85.00%
Line of credit facility , covenant percentage of eligible Inventory											70.00%
Line of credit maximum borrowing capacity generated from inventory												150,000	12,000
Advance rate on sublimit for letter of credit														75.00%	85.00%
Line of credit facility, advance limit											$ 62,500					$ 15,000
Line of credit facility, guarantee description	Jointly and severally guaranteed fully and unconditionally by our 100% owned subsidiaries, CCI International, Inc., Patco and TRC	The Revolving Credit Facility is guaranteed by CCI International Inc. (“CCI International”), TRC (excluding TRC’s 100%-owned foreign subsidiary, TRC Honduras, S.A. de C.V.) and Patco Electronics (“Patco”), each of which are 100%-owned domestic subsidiaries, and is secured by substantially all of our assets and the assets of each of CCI International, TRC and Patco, including accounts receivable, inventory and any other tangible and intangible assets (including real estate, machinery and equipment and intellectual property) as well as by a pledge of all the capital stock of CCI International, TRC and Patco and 65% of the capital stock of our Canadian foreign subsidiary, but not our Chinese 100%-owned entity.
Percentage of ownership interest							100.00%	100.00%	100.00%
Percentage of capital stock						65.00%

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Purchase Price Allocation to Identifiable Amortizable Intangible Assets along with Respective Weighted-Average Amortization Periods (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012 Customer Relationships	Jun. 30, 2012 Trademarks and trade names	Jun. 30, 2012 Developed Technology	Jun. 30, 2012 Contractual Agreements	Jun. 30, 2012 Non-competition agreements	Jun. 30, 2012 Backlog	Jun. 30, 2012 Other	Jun. 30, 2012 Designers Edge	Mar. 31, 2011 Designers Edge	Jun. 30, 2012 Designers Edge Customer Relationships	Jun. 30, 2012 Designers Edge Trademarks and trade names	Jun. 30, 2012 Designers Edge Developed Technology	Jun. 30, 2012 Designers Edge Non-competition agreements	Jun. 30, 2012 First Capitol Wire Cable and Continental Wire Cable	Apr. 29, 2011 First Capitol Wire Cable and Continental Wire Cable	Jun. 30, 2012 First Capitol Wire Cable and Continental Wire Cable Customer Relationships	Jun. 30, 2012 First Capitol Wire Cable and Continental Wire Cable Trademarks and trade names	Jun. 30, 2012 Technology Research Corporation	May 16, 2011 Technology Research Corporation	Jun. 30, 2012 Technology Research Corporation Customer Relationships	Jun. 30, 2012 Technology Research Corporation Trademarks and trade names	Jun. 30, 2012 Technology Research Corporation Developed Technology	Jun. 30, 2012 Technology Research Corporation Contractual Agreements	Jun. 30, 2012 Technology Research Corporation Non-competition agreements	Jun. 30, 2012 Technology Research Corporation Backlog	Jun. 30, 2012 Technology Research Corporation Other	Jun. 30, 2012 Watteredge	May 31, 2012 Watteredge	Jun. 30, 2012 Watteredge Customer Relationships	Jun. 30, 2012 Watteredge Trademarks and trade names	Jun. 30, 2012 Watteredge Developed Technology	Jun. 30, 2012 Watteredge Backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, weighted-average amortization period	6 years	6 years	3 years	3 years	2 years	1 year	6 years
Business acquisition, purchase price allocation, amortizable intangible assets								$ 2,115	$ 2,115	$ 900	$ 610	$ 560	$ 45	$ 1,200	$ 1,200	$ 600	$ 600	$ 8,287	$ 8,287	$ 1,460	$ 1,450	$ 2,000	$ 2,900	$ 80	$ 340	$ 57	$ 17,020	$ 17,020	$ 9,000	$ 6,600	$ 970	$ 450

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash and cash equivalents	$ 5,468	$ 9,746
Accounts receivable, net of allowances of $3,157 and $2,811, respectively	127,489	120,567
Inventories	122,597	108,689
Deferred income taxes	3,378	3,355
Assets held for sale	546	546
Prepaid expenses and other current assets	9,213	10,288
Total current assets	268,691	253,191
PROPERTY, PLANT AND EQUIPMENT, NET	77,051	58,957
GOODWILL	66,406	56,724
INTANGIBLE ASSETS, NET	41,793	28,340
DEFERRED INCOME TAXES	256	376
OTHER ASSETS	7,367	8,148
TOTAL ASSETS	461,564	405,736
CURRENT LIABILITIES:
Current portion of long-term debt	167	166
Accounts payable	21,514	29,081
Accrued liabilities	32,171	35,762
Total current liabilities	53,852	65,009
LONG-TERM DEBT	357,381	302,935
OTHER LONG-TERM LIABILITIES	2,746	3,194
DEFERRED INCOME TAXES	7,579	6,503
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Common stock, par value $0.001; 75,000 authorized; 17,086 and 16,939 issued and outstanding on June 30, 2012 and December 31, 2011, respectively	17	17
Treasury stock, at cost: 352 and 320 shares, respectively	(3,086)	(2,789)
Additional paid-in capital	94,123	92,871
Accumulated deficit	(50,815)	(61,819)
Accumulated other comprehensive loss	(233)	(185)
Total shareholders' equity	40,006	28,095
TOTAL LIABILITIES AND EQUITY	$ 461,564	$ 405,736

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NEW ACCOUNTING PRONOUNCEMENTS

6 Months Ended

Jun. 30, 2012

NEW ACCOUNTING PRONOUNCEMENTS

2. NEW ACCOUNTING PRONOUNCEMENTS

Accounting Standards Update No. 2011-04 – “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU No. 2011-04”)

ASU No. 2011-04 generally provides a uniform framework for fair value measurements and related disclosures between GAAP and IFRS. Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entity’s use of a nonfinancial asset that is different from the asset’s highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy. ASU 2011-04 was effective for interim and annual periods beginning on or after December 15, 2011. This update, which was effective for the first quarter of 2012, did not have a significant impact on the Company’s results of operations, financial position and cash flows.

Accounting Standards Update No. 2011-05 – “Comprehensive Income (Topic 220): Presentation of Comprehensive Income” (“ASU No. 2011-05”)

ASU No. 2011-05 amends existing guidance by allowing only two options for presenting the components of net income and other comprehensive income: (1) in a single continuous financial statement, statement of comprehensive income or (2) in two separate but consecutive financial statements, consisting of an income statement followed by a separate statement of other comprehensive income. ASU No. 2011-05 requires retrospective application, and was effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. The Company adopted this standard during the first quarter of 2012. The Company has presented comprehensive income using two separate financial statements for 2012.

Accounting Standards Update No. 2011-08 – “Intangibles – Goodwill and Other (Topic 350): Testing Goodwill for Impairment” (“ASU No. 2011-08”)

ASU No. 2011-08 amends existing guidance by permitting an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the two-step goodwill impairment test described in ASC 350. The more-likely-than-not threshold is defined as having a likelihood of more than 50 percent. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. ASU No. 2011-08 was effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. This update, which was effective for the first quarter of 2012, did not have a significant impact on the Company’s results of operations, financial position, and cash flows.

Accounting Standards Update No. 2011-11 – “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities” (“ASU No. 2011-11”)

ASU No. 2011-11 amends existing guidance by enhancing disclosures required by U.S. GAAP by requiring improved information about financial instruments and derivative instruments that are either (1) offset in accordance with either Section 201-20-45 or Section 815-10-45 or (2) subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with either Section 210-20-45 or Section 815-10-45. This information will enable users of an entity’s financial statements to evaluate the effect or potential effect of netting arrangements on an entity’s financial position, including the effect or potential effect of rights of setoff associated with certain derivatives, sale and repurchase agreements and reverse sale repurchase agreements, and securities borrowing and securities lending arrangements. ASU No. 2011-11 requires retrospective application, and it is effective for fiscal years, and interim periods within those years, beginning on or after January 1, 2013. The Company is currently evaluating the impact ASU No. 2011-11 will have on its financial statements but does not expect it to have a material impact on the Company’s results of operations, financial position and cash flows.

Accounting Standards Update No. 2011-12 – “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05” (“ASU No. 2011-12”)

ASU No. 2011-12 defers the changes in ASU No. 2011-05 that relate to the presentation of items reclassified from other comprehensive income to net income. The Financial Accounting Standards Board is still considering the operational concerns about the presentation requirements for these reclassification adjustments and the needs of financial statement users for additional information about reclassification adjustments. During this time, entities should continue to report reclassifications out of accumulated other comprehensive income consistent with the presentation requirements in effect before ASU No. 2011-05. All other requirements from ASU No. 2011-05 remain the same, which the Company has adopted during this reporting period.

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Related Parties - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		3 Months Ended			6 Months Ended		3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Mar. 31, 2012 Manufacturing Facility Facility	Jun. 30, 2012 Board and Management Corporate Office	Jun. 30, 2011 Board and Management Corporate Office	Jun. 30, 2012 Board and Management Corporate Office	Jun. 30, 2011 Board and Management Corporate Office	Jun. 30, 2011 Executive Officer Manufacturing Facility	Jun. 30, 2012 Executive Officer Manufacturing Facility Facility	Jun. 30, 2011 Executive Officer Manufacturing Facility
Related Party Transaction [Line Items]
Rental payments made on leased facility	$ 1,298	$ 1,596	$ 2,628	$ 3,076		$ 103	$ 134	$ 206	$ 268	$ 330		$ 591
Number of manufacturing facilities leased											3
Payment to acquire property, plant and equipment					$ 6,505
Number of manufacturing facilities acquired					3

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Supplemental Guarantor Information - Additional Information (Detail)	Jun. 30, 2012
Guarantor Subsidiaries
Guarantor Obligations [Line Items]
Ownership percentage	100.00%
Foreign Subsidiaries
Guarantor Obligations [Line Items]
Ownership percentage	100.00%

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ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2012

Final Allocations of Purchase Price Related to Twenty Eleven Acquisitions and Provisional Allocation Related to WE Acquisition

The table below summarizes the final allocations of purchase price related to the 2011 Acquisitions and the provisional allocation of purchase price related to the Watteredge acquisition.

	2011 Acquisitions
	DE		FCWC and CWC			TRC			Watteredge
Cash and cash equivalents	$	—	$	—		$	8,180		$	—
Accounts receivable		2,123		—			4,073			2,720
Income tax receivable		—		—			1,077			—
Inventories		3,129		1,631			8,794			2,249
Prepaid expenses and other current assets		—		44			314			59
Property, plant and equipment		157		3,687			4,668			3,363
Other assets		—		—			33			—
Deferred income tax asset		18		288			309			—
Intangible assets		2,115		1,200			8,287			17,020
Goodwill		2,550		696			23,541			10,664
Total assets acquired		10,092		7,546			59,276			36,075
Current liabilities		—		—			(4,515	)		(2,401	)
Deferred income tax liability		—		(248	)		(3,251	)		—
Total liabilities assumed		—		(248	)		(7,766	)		(2,401	)
Net assets acquired	$	10,092	$	7,298		$	51,510		$	33,674

Purchase Price Allocation to Identifiable Amortizable Intangible Assets along with Respective Weighted-Average Amortization Periods

The purchase price allocation to identifiable intangible assets, which are all amortizable, along with their respective weighted-average amortization periods at the acquisition date are as follows:

	Weighted- Average Amortization Period		2011 Acquisitions
			DE		FCWC and CWC		TRC		Watteredge
Customer relationships		6	$	900	$	600	$	1,460	$	9,000
Trademarks and trade names		6		610		600		1,450		6,600
Developed technology		3		560		—		2,000		970
Contractual agreements		3		—		—		2,900		—
Non-competition agreements		2		45		—		80		—
Backlog		1		—		—		340		450
Other		6		—		—		57		—
Total intangible assets			$	2,115	$	1,200	$	8,287	$	17,020

Unaudited Selected Pro Forma Financial Information

	Three Months Ended June 30,		Six Months Ended June 30,
	2011		2011
Net sales	$	223,856	$	438,795
Net income		2,172		9,010

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Condensed Consolidated Statement of Cash Flows (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	$ 11,356	$ 9,603
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization	11,236	9,952
Stock-based compensation	712	3,519
Foreign currency transaction gain	3	(86)
GAIN ON AVAILABLE FOR SALE SECURITIES		(753)
Deferred taxes	1,328	(2,577)
Excess tax benefits from stock-based compensation	(625)
Gain on disposal of fixed assets	(41)	(5)
Changes in operating assets and liabilities:
Accounts receivable	(4,322)	(15,388)
Inventories	(11,680)	(23,856)
Prepaid expenses and other assets	1,231	546
Accounts payable	(6,708)	8,421
Accrued liabilities	(5,103)	(4,095)
Net cash flow from operating activities	(2,613)	(14,719)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures	(23,138)	(5,054)
Proceeds from sale of fixed assets	24	8
Acquisition of businesses, net of cash acquired	(32,842)	(58,681)
Net cash flow from investing activities	(55,956)	(63,727)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities	253,028	89,560
Repayments under revolving loan facilities	(198,723)	(39,196)
Purchase of treasury stock	(297)
Payment of deferred financing fees		(49)
Repayment of long-term debt	(83)	(4)
Excess tax benefits from stock-based compensation	625
Proceeds from stock option exercises		67
Cash dividends paid	(352)
Net cash flow from financing activities	54,198	50,378
Effect of exchange rate on cash and cash equivalents	93	315
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(4,278)	(27,753)
CASH AND CASH EQUIVALENTS - Beginning of period	9,746	33,454
CASH AND CASH EQUIVALENTS - End of period	5,468	5,701
NONCASH ACTIVITY
Unpaid capital expenditures	90	1,502
Unpaid business acquisition consideration		542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net	1,647	5,880
Cash interest paid	13,222	13,090
Parent Company
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	11,356	9,603
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization	9,576	9,378
Stock-based compensation	712	3,519
GAIN ON AVAILABLE FOR SALE SECURITIES		(753)
Deferred taxes	1,307	(2,504)
Excess tax benefits from stock-based compensation	(625)
Gain on disposal of fixed assets	(31)	(5)
Equity in consolidated subsidiaries	(1,523)	(209)
Changes in operating assets and liabilities:
Accounts receivable	(3,655)	(16,832)
Inventories	(8,030)	(22,537)
Prepaid expenses and other assets	1,454	925
Accounts payable	(5,246)	10,277
Intercompany accounts	(8,486)	867
Accrued liabilities	(5,337)	(2,935)
Net cash flow from operating activities	(8,528)	(11,206)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures	(17,795)	(5,036)
Proceeds from sale of fixed assets	24	8
Acquisition of businesses, net of cash acquired	(32,842)	(63,883)
Net cash flow from investing activities	(50,613)	(68,911)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities	253,028	89,560
Repayments under revolving loan facilities	(198,723)	(39,196)
Purchase of treasury stock	(297)
Payment of deferred financing fees		(49)
Repayment of long-term debt	(83)	(4)
Excess tax benefits from stock-based compensation	625
Proceeds from stock option exercises		67
Cash dividends paid	(352)
Net cash flow from financing activities	54,198	50,378
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(4,943)	(29,739)
CASH AND CASH EQUIVALENTS - Beginning of period	4,086	30,493
CASH AND CASH EQUIVALENTS - End of period	(857)	754
NONCASH ACTIVITY
Unpaid capital expenditures	90	1,502
Unpaid business acquisition consideration		542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net	1,822	5,476
Cash interest paid	13,222	13,090
Guarantor Subsidiaries
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	(564)
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization	1,271
Deferred taxes	(60)
Gain on disposal of fixed assets	(10)
Changes in operating assets and liabilities:
Accounts receivable	(1,453)
Inventories	(734)
Prepaid expenses and other assets	(300)	(1)
Accounts payable	(513)
Intercompany accounts	4,754	(36)
Accrued liabilities	271	39
Net cash flow from operating activities	2,662	2
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures	(1,617)
Net cash flow from investing activities	(1,617)
CASH FLOW FROM FINANCING ACTIVITIES:
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	1,045	2
CASH AND CASH EQUIVALENTS - Beginning of period	724	77
CASH AND CASH EQUIVALENTS - End of period	1,769	79
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net	(212)
Non-Guarantor Subsidiaries
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	2,087	209
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization	389	574
Foreign currency transaction gain	3	(86)
Deferred taxes	81	(73)
Changes in operating assets and liabilities:
Accounts receivable	786	1,444
Inventories	(2,916)	(1,319)
Prepaid expenses and other assets	77	(378)
Accounts payable	(949)	(1,856)
Intercompany accounts	3,732	(831)
Accrued liabilities	(37)	(1,199)
Net cash flow from operating activities	3,253	(3,515)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures	(3,726)	(18)
Acquisition of businesses, net of cash acquired		5,202
Net cash flow from investing activities	(3,726)	5,184
CASH FLOW FROM FINANCING ACTIVITIES:
Effect of exchange rate on cash and cash equivalents	93	315
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(380)	1,984
CASH AND CASH EQUIVALENTS - Beginning of period	4,936	2,884
CASH AND CASH EQUIVALENTS - End of period	4,556	4,868
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net	37	404
Eliminations
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	(1,523)	(209)
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Equity in consolidated subsidiaries	$ 1,523	$ 209

XML

SUPPLEMENTAL GUARANTOR INFORMATION (Tables)

6 Months Ended

Jun. 30, 2012

Condensed Consolidating Statement of Income

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	207,199		$	8,609		$	20,103		$	(4,679	)	$	231,232
COST OF GOODS SOLD		176,065			6,561			17,302			(4,679	)		195,249
GROSS PROFIT		31,134			2,048			2,801			—			35,983
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		12,447			2,070			1,227			—			15,744
INTANGIBLE ASSET AMORTIZATION		1,176			340			226			—			1,742
RESTRUCTURING CHARGES		(15	)		41			(3	)		—			23
OPERATING INCOME (LOSS)		17,526			(403	)		1,351			—			18,474
INTEREST EXPENSE		7,008			—			15			—			7,023
OTHER INCOME, NET		—			—			(71	)		—			(71	)
INCOME (LOSS) BEFORE INCOME TAXES		10,518			(403	)		1,407			—			11,522
INCOME FROM SUBSIDIARIES		909			—			—			(909	)		—
INCOME TAX EXPENSE (BENEFIT)		3,798			(134	)		229			—			3,893
NET INCOME (LOSS)	$	7,629		$	(269	)	$	1,178		$	(909	)	$	7,629

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary		Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	213,376		$	—	$	16,489		$	(10,015	)	$	219,850
COST OF GOODS SOLD		183,989			—		13,635			(10,015	)		187,609
GROSS PROFIT		29,387			—		2,854			—			32,241
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		15,192			—		2,450			—			17,642
INTANGIBLE ASSET AMORTIZATION		1,345			—		404			—			1,749
RESTRUCTURING CHARGES		(8	)		—		203			—			195
OPERATING INCOME (LOSS)		12,858			—		(203	)		—			12,655
INTEREST EXPENSE		7,062			—		64			—			7,126
GAIN ON AVAILABLE FOR SALE SECURITIES		(753	)		—		—			—			(753	)
OTHER LOSS, NET		—			—		45			—			45
INCOME (LOSS) BEFORE INCOME TAXES		6,549			—		(312	)		—			6,237
LOSS FROM SUBSIDIARIES		(134	)		—		—			134			—
INCOME TAX EXPENSE (BENEFIT)		2,039			—		(178	)		—			1,861
NET INCOME (LOSS)	$	4,376		$	—	$	(134	)	$	134		$	4,376

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries		Eliminations			Total
NET SALES	$	404,627		$	16,318		$	39,928	$	(9,150	)	$	451,723
COST OF GOODS SOLD		347,229			12,423			34,568		(9,150	)		385,070
GROSS PROFIT		57,398			3,895			5,360		—			66,653
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		25,404			3,763			2,307		—			31,474
INTANGIBLE ASSET AMORTIZATION		2,606			732			228		—			3,566
RESTRUCTURING CHARGES		(208	)		262			302		—			356
OPERATING INCOME (LOSS)		29,596			(862	)		2,523		—			31,257
INTEREST EXPENSE		14,016			—			29		—			14,045
OTHER (INCOME) LOSS, NET		—			(1	)		4		—			3
INCOME (LOSS) BEFORE INCOME TAXES		15,580			(861	)		2,490		—			17,209
INCOME FROM SUBSIDIARIES		1,523			—			—		(1,523	)		—
INCOME TAX EXPENSE (BENEFIT)		5,747			(297	)		403		—			5,853
NET INCOME (LOSS)	$	11,356		$	(564	)	$	2,087	$	(1,523	)	$	11,356

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary		Non Guarantor Subsidiaries			Eliminations			Total
NET SALES	$	410,075		$	—	$	29,253		$	(13,677	)	$	425,651
COST OF GOODS SOLD		352,553			—		24,508			(13,677	)		363,384
GROSS PROFIT		57,522			—		4,745			—			62,267
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		27,620			—		3,874			—			31,494
INTANGIBLE ASSET AMORTIZATION		2,923			—		409			—			3,332
RESTRUCTURING CHARGES		(8	)		—		203			—			195
OPERATING INCOME		26,987			—		259			—			27,246
INTEREST EXPENSE		13,969			—		129			—			14,098
GAIN ON AVAILABLE FOR SALE SECURITIES		(753	)		—		—			—			(753	)
OTHER INCOME, NET		—			—		(86	)		—			(86	)
INCOME BEFORE INCOME TAXES		13,771			—		216			—			13,987
INCOME FROM SUBSIDIARIES		209			—		—			(209	)		—
INCOME TAX EXPENSE		4,377			—		7			—			4,384
NET INCOME	$	9,603		$	—	$	209		$	(209	)	$	9,603

Condensed Consolidating Statement of Comprehensive Income

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2012

	Parent		Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET INCOME (LOSS)	$	7,629	$	(269	)	$	1,178		$	(909	)	$	7,629
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, net of tax of $76		—		—			(233	)		—			(233	)
OTHER COMPREHENSIVE LOSS		—		—			(233	)		—			(233	)
COMPREHENSIVE INCOME (LOSS)	$	7,629	$	(269	)	$	945		$	(909	)	$	7,396

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE THREE MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiaries		Non Guarantor Subsidiary			Eliminations		Total
NET INCOME (LOSS)	$	4,376		$	—	$	(134	)	$	134	$	4,376
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax of $(127)		—			—		126			—		126
Unrealized investment gain, net of tax of $8		(741	)		—		—			—		(741	)
Pension adjustments, net of tax of $(1)		(2	)		—		—			—		(2	)
OTHER COMPREHENSIVE INCOME (LOSS)		(743	)		—		126			—		(617	)
COMPREHENSIVE INCOME (LOSS)	$	3,633		$	—	$	(8	)	$	134	$	3,759

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent		Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
NET INCOME (LOSS)	$	11,356	$	(564	)	$	2,087		$	(1,523	)	$	11,356
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments, net of tax provision of $9		—		—			(48	)		—			(48	)
OTHER COMPREHENSIVE LOSS		—		—			(48	)		—			(48	)
COMPREHENSIVE INCOME (LOSS)	$	11,356	$	(564	)	$	2,039		$	(1,523	)	$	11,308

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiaries		Non Guarantor Subsidiary		Eliminations			Total
NET INCOME	$	9,603		$	—	$	209	$	(209	)	$	9,603
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, net of tax benefit of $(143)		—			—		398		—			398
Unrealized investment gain, net of tax of $424		(89	)		—		—		—			(89	)
Pension adjustments, net of tax of $2		4			—		—		—			4
OTHER COMPREHENSIVE INCOME (LOSS)		(85	)		—		398		—			313
COMPREHENSIVE INCOME	$	9,518		$	—	$	607	$	(209	)	$	9,916

Condensed Consolidating Balance Sheet

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET AS OF JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	(857	)	$	1,769		$	4,556		$	—		$	5,468
Accounts receivable — net of allowances		112,275			4,856			10,358			—			127,489
Intercompany receivable		—			6,098			3,353			(9,451	)		—
Inventories		108,855			5,397			8,345			—			122,597
Deferred income taxes		2,696			595			87			—			3,378
Assets held for sale		546			—			—			—			546
Prepaid expenses and other current assets		5,732			2,376			1,105			—			9,213
Total current assets		229,247			21,091			27,804			(9,451	)		268,691
PROPERTY, PLANT AND EQUIPMENT, NET		67,897			3,856			5,298			—			77,051
GOODWILL		30,701			23,541			12,164			—			66,406
INTANGIBLE ASSETS, NET		18,747			6,168			16,878			—			41,793
DEFERRED INCOME TAXES		—			—			256			—			256
OTHER ASSETS		7,243			—			124			—			7,367
INVESTMENT IN SUBSIDIARIES		96,882			—			—			(96,882	)		—
TOTAL ASSETS	$	450,717		$	54,656		$	62,524		$	(106,333	)	$	461,564
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	167		$	—		$	—		$	—		$	167
Accounts payable		19,074			(40	)		2,480			—			21,514
Intercompany payable		59			3,353			6,039			(9,451	)		—
Accrued liabilities		26,411			1,162			4,598			—			32,171
Total current liabilities		45,711			4,475			13,117			(9,451	)		53,852
LONG-TERM DEBT		357,381			—			—			—			357,381
OTHER LONG-TERM LIABILITIES		2,657			35			54			—			2,746
DEFERRED INCOME TAXES		4,962			2,615			2			—			7,579
SHAREHOLDERS’ EQUITY:
Common stock		17			—			928			(928	)		17
Treasury stock		(3,086	)		—			—			—			(3,086	)
Additional paid-in capital		94,123			50,110			35,147			(85,257	)		94,123
Retained earnings (accumulated deficit)		(50,815	)		(2,579	)		13,511			(10,932	)		(50,815	)
Accumulated other comprehensive loss		(233	)		—			(235	)		235			(233	)
Total shareholders’ equity		40,006			47,531			49,351			(96,882	)		40,006
TOTAL LIABILITIES AND EQUITY	$	450,717		$	54,656		$	62,524		$	(106,333	)	$	461,564

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEET AS OF DECEMBER 31, 2011

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	4,086		$	724		$	4,936		$	—		$	9,746
Accounts receivable — net of allowances		105,900			3,404			11,263			—			120,567
Intercompany receivable		—			10,954			3,459			(14,413	)		—
Inventories		98,596			4,662			5,431			—			108,689
Deferred income taxes		2,674			595			86			—			3,355
Assets held for sale		546			—			—			—			546
Prepaid expenses and other current assets		7,039			2,075			1, 174			—			10,288
Total current assets		218,841			22,414			26,349			(14,413	)		253,191
PROPERTY, PLANT AND EQUIPMENT, NET		54,404			2,766			1,787			—			58,957
GOODWILL		31,675			23,541			1,508			—			56,724
INTANGIBLE ASSETS, NET		21,353			6,901			86			—			28,340
DEFERRED INCOME TAXES		58			—			318			—			376
OTHER ASSETS		8,016			—			132			—			8,148
INVESTMENT IN SUBSIDIARIES		61,724			—			—			(61,724	)		—
TOTAL ASSETS	$	396,071		$	55,622		$	30,180		$	(76,137	)	$	405,736
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt	$	166		$	—		$	—		$	—		$	166
Accounts payable		25,154			473			3,454			—			29,081
Intercompany payable		2,552			3,459			8,402			(14,413	)		—
Accrued liabilities		30,154			927			4,681			—			35,762
Total current liabilities		58,026			4,859			16,537			(14,413	)		65,009
LONG-TERM DEBT		302,935			—			—			—			302,935
OTHER LONG-TERM LIABILITIES		3,184			—			10			—			3,194
DEFERRED INCOME TAXES		3,831			2,672			—			—			6,503
SHAREHOLDERS’ EQUITY:
Common stock		17			—			928			(928	)		17
Treasury stock		(2,789	)		—			—			—			(2,789	)
Additional paid-in capital		92,871			50,104			1,475			(51,579	)		92,871
Retained earnings (accumulated deficit)		(61,819	)		(2,013	)		11,423			(9,410	)		(61,819	)
Accumulated other comprehensive loss		(185	)		—			(193	)		193			(185	)
Total shareholders’ equity		28,095			48,091			13,633			(61,724	)		28,095
TOTAL LIABILITIES AND EQUITY	$	396,071		$	55,622		$	30,180		$	(76,137	)	$	405,736

Condensed Consolidated Statement of Cash Flows

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED

JUNE 30, 2012

	Parent			Guarantor Subsidiaries			Non Guarantor Subsidiaries			Eliminations			Total
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)	$	11,356		$	(564	)	$	2,087		$	(1,523	)	$	11,356
Adjustments to reconcile net income (loss) to net cash flow from operating activities:
Depreciation and amortization		9,576			1,271			389			—			11,236
Stock-based compensation		712			—			—			—			712
Foreign currency transaction gain		—			—			3			—			3
Deferred taxes		1,307			(60	)		81			—			1,328
Excess tax benefits from stock-based compensation		(625	)		—			—			—			(625	)
Gain on disposal of fixed assets		(31	)		(10	)		—			—			(41	)
Equity in consolidated subsidiaries		(1,523	)		—			—			1,523			—
Changes in operating assets and liabilities:
Accounts receivable		(3,655	)		(1,453	)		786			—			(4,322	)
Inventories		(8,030	)		(734	)		(2,916	)		—			(11,680	)
Prepaid expenses and other assets		1,454			(300	)		77			—			1,231
Accounts payable		(5,246	)		(513	)		(949	)		—			(6,708	)
Intercompany accounts		(8,486	)		4,754			3,732			—			—
Accrued liabilities		(5,337	)		271			(37	)		—			(5,103	)
Net cash flow from operating activities		(8,528	)		2,662			3,253			—			(2,613	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(17,795	)		(1,617	)		(3,726	)		—			(23,138	)
Proceeds from sale of fixed assets		24			—			—			—			24
Acquisition of businesses, net of cash acquired		(32,842	)		—			—			—			(32,842	)
Net cash flow from investing activities		(50,613	)		(1,617	)		(3,726	)		—			(55,956	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities		253,028			—			—			—			253,028
Repayments under revolving loan facilities		(198,723	)		—			—			—			(198,723	)
Purchase of treasury stock		(297	)		—			—			—			(297	)
Repayment of long-term debt		(83	)		—			—			—			(83	)
Excess tax benefits from stock-based compensation		625			—			—			—			625
Cash dividends paid		(352	)		—			—			—			(352	)
Net cash flow from financing activities		54,198			—			—			—			54,198
Effect of exchange rate on cash and cash equivalents		—			—			93			—			93
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(4,943	)		1,045			(380	)		—			(4,278	)
CASH AND CASH EQUIVALENTS — Beginning of period		4,086			724			4,936			—			9,746
CASH AND CASH EQUIVALENTS — End of period	$	(857	)	$	1,769		$	4,556		$	—		$	5,468
NONCASH ACTIVITY
Unpaid capital expenditures		90			—			—			—			90
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid (refunded), net		1,822			(212	)		37			—			1,647
Cash interest paid		13,222			—			—			—			13,222

COLEMAN CABLE, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS FOR THE SIX MONTHS ENDED

JUNE 30, 2011

	Parent			Guarantor Subsidiary			Non Guarantor Subsidiaries			Eliminations			Total
CASH FLOW FROM OPERATING ACTIVITIES:
Net income	$	9,603		$	—		$	209		$	(209	)	$	9,603
Adjustments to reconcile net income to net cash flow from operating activities:
Depreciation and amortization		9,378			—			574			—			9,952
Stock-based compensation		3,519			—			—			—			3,519
Foreign currency transaction gain		—			—			(86	)		—			(86	)
Gain on available for sale securities		(753	)		—			—			—			(753	)
Deferred taxes		(2,504	)		—			(73	)		—			(2,577	)
Gain on disposal of fixed assets		(5	)		—			—			—			(5	)
Equity in consolidated subsidiaries		(209	)		—			—			209			—
Changes in operating assets and liabilities:
Accounts receivable		(16,832	)		—			1,444			—			(15,388	)
Inventories		(22,537	)		—			(1,319	)		—			(23,856	)
Prepaid expenses and other assets		925			(1	)		(378	)		—			546
Accounts payable		10,277			—			(1,856	)		—			8,421
Intercompany accounts		867			(36	)		(831	)		—			—
Accrued liabilities		(2,935	)		39			(1,199	)		—			(4,095	)
Net cash flow from operating activities		(11,206	)		2			(3,515	)		—			(14,719	)
CASH FLOW FROM INVESTING ACTIVITIES:
Capital expenditures		(5,036	)		—			(18	)		—			(5,054	)
Proceeds from sale of fixed assets		8			—			—			—			8
Acquisition of businesses, net of cash acquired		(63,883	)		—			5,202			—			(58,681	)
Net cash flow from investing activities		(68,911	)		—			5,184			—			(63,727	)
CASH FLOW FROM FINANCING ACTIVITIES:
Borrowings under revolving loan facilities		89,560			—			—			—			89,560
Repayments under revolving loan facilities		(39,196	)		—			—			—			(39,196	)
Payment of deferred financing fees		(49	)											(49	)
Repayment of long-term debt		(4	)											(4	)
Proceeds from stock option exercises		67			—			—			—			67
Net cash flow from financing activities		50,378			—			—			—			50,378
Effect of exchange rate on cash and cash equivalents		—			—			315			—			315
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(29,739	)		2			1,984			—			(27,753	)
CASH AND CASH EQUIVALENTS — Beginning of period		30,493			77			2,884			—			33,454
CASH AND CASH EQUIVALENTS — End of period	$	754		$	79		$	4,868		$	—		$	5,701
NONCASH ACTIVITY
Unpaid capital expenditures		1,502			—			—			—			1,502
Unpaid business acquisition consideration		542			—			—			—			542
SUPPLEMENTAL CASH FLOW INFORMATION
Income taxes paid, net		5,476			—			404			—			5,880
Cash interest paid		13,090			—			—			—			13,090

XML

DERIVATIVES

6 Months Ended

Jun. 30, 2012

DERIVATIVES

12. DERIVATIVES

We are exposed to certain commodity price risks including fluctuations in the price of copper. From time-to-time, we enter into copper futures contracts to mitigate the potential impact of fluctuations in the price of copper on our pricing terms with certain customers. We recognize all of our derivative instruments on our balance sheet at fair value, and record changes in the fair value of such contracts within cost of goods sold in the statement of operations as they occur unless specific hedge accounting criteria are met. We had no hedge positions at June 30, 2012 to which hedge accounting was applied. Cash settlements related to derivatives are included in the operating section of the condensed consolidated statement of cash flows.

	Contract Position (In Total Pounds)				Cash Collateral Posted		Fair Value
Commodity Derivatives	Long		Short				Asset (2)		Liability (3)
Copper futures contracts outstanding as of (1):
Period ended June 30, 2012		150		625	$	172	$	—	$	78
Period ended June 30, 2011		—		625	$	229	$	—	$	132

(1) All of our copper futures contracts mature in less than three months and are tied to the price of copper on the COMEX and, accordingly, the value of such futures contracts changes directly in relation thereto.

(2) Balance recorded in “Prepaid expenses and other current assets.”

(3) Balance recorded in “Accrued liabilities.”

As hedge accounting has not been applied to any of our open hedges for 2012 and 2011, no associated losses or gains have been recorded within OCI.

Derivatives Not Accounted for as Hedges Under the Accounting Rules	Gain Recognized in Income		Location of Gain Recognized in Income
Copper commodity contracts:
Three months ended June 30, 2012	$	71		Cost of goods sold
Three months ended June 30, 2011		45		Cost of goods sold
Six months ended June 30, 2012		24		Cost of goods sold
Six months ended June 30, 2011		307		Cost of goods sold