ACQUISITION

9 Months Ended

Sep. 30, 2011

ACQUISITION [Abstract]

ACQUISITION

NOTE 16:  ACQUISITION

On March 1, 2011, the Company completed the acquisition of substantially all of the assets of the relief plates business of Tokyo Ohka Kogyo Co., Ltd, for a purchase price of approximately $27 million, net of cash acquired.  The acquisition expands and enhances the Company's capabilities to serve customers, particularly in the packaging industry.  The acquired relief plates business is part of the Company's Prepress Solutions strategic product group within the GCG segment.  This acquisition was immaterial to the Company's financial position as of September 30, 2011, and its results of operations and cash flows for the nine months ended September 30, 2011.

The Company's estimated fair value of the assets acquired and liabilities assumed at the date of acquisition exceeded the purchase price by $5 million.  This amount was recorded as a gain from a bargain purchase within Other income (charges), net in the Consolidated Statement of Operations for the nine months ended September 30, 2011.