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Joint Venture Investments (Tables)
9 Months Ended
Sep. 30, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
Summarized below is the aggregated financial information for the Company’s joint ventures, Pelikan-Artline Pty Ltd and Neschen GBC Graphic Films LLC, which are accounted for under the equity method. Accordingly, the Company has recorded its proportionate share of earnings or losses on the line entitled, “Equity in earnings of joint ventures” in the Condensed Consolidated Statements of Operations. The Company’s share of the net assets of the joint ventures is included within “Other assets” in the Condensed Consolidated Balance Sheets.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(in millions of dollars)
2012
 
2011
 
2012
 
2011
Net sales
$
41.4

 
$
43.7

 
$
116.7

 
$
120.3

Gross profit
26.8

 
26.3

 
69.2

 
68.9

Operating income
9.6

 
9.7

 
17.5

 
17.4

Net income
7.2

 
7.1

 
12.5

 
12.2

 
(in millions of dollars)
September 30,
2012
 
December 31,
2011
Current assets
$
75.1

 
$
94.3

Non-current assets
37.4

 
37.1

Current liabilities
32.2

 
40.0

Non-current liabilities
14.1

 
16.7