Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The following table presents components of income (loss) from continuing operations before income taxes for the years ended December 31:

	2011		2010			2009
Domestic	$	16,173	$	(28,344	)	$	(16,108	)
Foreign	148,219		25,947			139,915
Total	$	164,392	$	(2,397	)	$	123,807

Schedule of Components of Income Tax Expense (Benefit)

The following table presents the components of income tax expense (benefit) from continuing operations for the years ended December 31:

	2011			2010			2009
Current:
U.S. Federal	$	(921	)	$	649		$	(24,688	)
Foreign	41,244			52,783			47,044
State and local	932			1,812			3,849
Total current	41,255			55,244			26,205
Deferred:
U.S. Federal	9,727			(9,431		)	26,972
Foreign	(35,318		)	(30,368		)	(6,267		)
State and local	(2,849		)	(884		)	(2,433		)
Total deferred	(28,440		)	(40,683		)	18,272
Taxes on income	$	12,815		$	14,561		$	44,477

Schedule of Effective Income Tax Rate Reconciliation

The following table presents these differences for the years ended December 31:

	2011			2010			2009
Statutory tax expense (benefit)	$	57,537		$	(839	)	$	43,332
Brazil nontaxable incentive	(10,652		)	(14,600		)	(14,420		)
Change in valuation allowance	(32,315		)	(6,631		)	11,173
Brazil tax goodwill amortization	(5,231		)	(4,938		)	(4,656		)
Foreign tax rate differential	(11,001		)	4,043			(8,473		)
U.S. taxed foreign income	8,542			3,265			1,015
Subsidiary losses	—			189			(3,553		)
Life insurance	(2,784		)	(1,072		)	(2,659		)
Goodwill impairment	—			27,647			—
SEC charge	—			—			8,750
Out-of-period adjustments	—			—			8,765
Other (1)	8,719			7,497			5,203
Taxes on income	$	12,815		$	14,561		$	44,477

(1) Other consists of state and local income taxes, net of federal benefit, nondeductible expenses, changes to uncertain tax position liabilities and other items, none of which are individually significant.

Summary of Income Tax Contingencies

Details of the unrecognized tax benefits are as follows:

	2011			2010
Balance at January 1	$	9,842		$	10,116
Increases related to prior year      tax positions	4,431			3,180
Decreases related to prior year      tax positions	(162		)	(3,022		)
Increases related to current year      tax positions	3,297			171
Settlements	(4,442		)	(167		)
Reduction due to lapse of      applicable statute of limitations	(330		)	(436		)
Balance at December 31	$	12,636		$	9,842

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company's deferred tax assets and liabilities at December 31 are as follows:

	2011			2010
Deferred tax assets:
Accrued expenses	$	39,881		$	44,254
Warranty accrual	18,386			24,305
Deferred compensation	18,659			17,365
Allowance for doubtful accounts	7,189			7,740
Inventory	11,610			13,534
Deferred revenue	14,669			15,422
Pension and postretirement benefits	54,990			35,285
Research and development credit	7,467			7,548
Foreign tax credit	38,863			42,416
Net operating loss carryforwards	86,918			98,798
Capital loss carryforwards	3,604			2,973
State deferred taxes	13,061			6,646
Other	5,779			7,515
	321,076			323,801
Valuation allowance	(66,988		)	(105,175		)
Net deferred tax assets	$	254,088		$	218,626
Deferred tax liabilities:
Property, plant and equipment	$	20,116		$	24,201
Goodwill	36,712			38,182
Finance lease receivables	3,655			8,395
Investment in partnership	18,372			18,377
Other	6,435			7,300
Net deferred tax liabilities	85,290			96,455
Net deferred tax asset	$	168,798		$	122,171

Schedule of Deferred Income Taxes by Balance Sheet Account

Deferred income taxes reported in the consolidated balance sheets as of December 31 are as follows:

	2011			2010
Deferred income taxes - current assets	$	114,250		$	106,160
Deferred income taxes - long-term assets	91,090			49,961
Other current liabilities	(4,513		)	(2,824		)
Deferred income taxes - long-term liabilities	(32,029		)	(31,126		)
Net deferred tax asset	$	168,798		$	122,171