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Finance Lease Receivables
 12 Months Ended
Dec. 31, 2011
Receivables [Abstract]  
FINANCE LEASE RECEIVABLES
FINANCE LEASE RECEIVABLES

The Company provides financing arrangements to customers purchasing its products. These financing arrangements are largely classified and accounted for as sales-type leases. As of December 31, 2011 and 2010, the Company’s finance lease receivables balance included $33,199 and $60,742, respectively, related to a customer financing arrangement in Brazil. In 2011, the Company sold $14,987 of finance lease receivables. In 2010, the Company purchased $33,843 of finance lease receivables.


The following table presents the components of finance lease receivables as of December 31:
 
2011
 
2010
Total minimum lease receivable
$
99,598

 
$
133,028

Estimated unguaranteed residual values
6,048

 
5,942

 
105,646

 
138,970

Less:
 
 
 
Unearned interest income
(6,190
)
 
(15,151
)
Unearned residuals
(1,160
)
 
(1,207
)
 
(7,350
)
 
(16,358
)
Total
$
98,296

 
$
122,612



Future minimum payments due from customers under finance lease receivables as of December 31, 2011 are as follows:
2012
$
47,624

2013
21,087

2014
13,471

2015
9,709

2016
5,697

Thereafter
2,010

 
$
99,598