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SHAREHOLDERS' EQUITY
6 Months Ended
Jun. 30, 2012
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
SHAREHOLDERS’ EQUITY

On July 21, 2011, our board of directors authorized a share repurchase program of up to 5 million shares of common stock that will terminate in three years for any of the remaining shares not yet repurchased.  For the six months ended June 30, 2012, 0.2 million shares were purchased and retired under this program at a cost of $3.1 million.  As of June 30, 2012, we had purchased a total of 0.4 million shares under this program and 4.6 million shares remained authorized to be purchased.

We issued less than 0.1 million and 0.5 million shares representing stock options exercised for the six months ended June 30, 2012 and 2011, respectively, with a total value of $0.5 million and $9.3 million, respectively.

The following table represents the activity included in accumulated other comprehensive loss:
 
Foreign
Currency
Translation
Adjustment
 
Unrealized
Gains (Losses)
on Derivative
Contracts
(net of taxes)
 
Pension and
Postretirement
Benefits
(net of taxes)
 
Accumulated
Other Comprehensive
Loss
 
($ in millions)
Balance at January 1, 2011
$
0.4

 
$
11.6

 
$
(273.8
)
 
$
(261.8
)
Unrealized gains (losses):
 
 
 
 
 
 
 
First quarter
1.3

 
0.4

 

 
1.7

Second quarter
1.0

 
(0.2
)
 

 
0.8

Reclassification adjustments into income:
 
 
 
 
 
 
 
First quarter

 
(3.5
)
 
2.8

 
(0.7
)
Second quarter

 
(2.9
)
 
3.3

 
0.4

Balance at June 30, 2011
$
2.7

 
$
5.4

 
$
(267.7
)
 
$
(259.6
)
Balance at January 1, 2012
$
1.8

 
$
(5.3
)
 
$
(290.7
)
 
$
(294.2
)
Unrealized gains (losses):
 
 
 
 
 
 
 
First quarter
0.3

 
2.6

 

 
2.9

Second quarter
(0.8
)
 
(4.1
)
 

 
(4.9
)
Reclassification adjustments into income:
 
 
 
 
 
 
 
First quarter

 
1.7

 
3.2

 
4.9

Second quarter

 
1.1

 
4.3

 
5.4

Balance at June 30, 2012
$
1.3

 
$
(4.0
)
 
$
(283.2
)
 
$
(285.9
)


Pension and postretirement benefits (net of taxes) activity in other comprehensive loss included the amortization of prior service costs and actuarial losses.

Unrealized gains and losses on derivative contracts (net of taxes) activity in other comprehensive loss included deferred tax (benefit) provisions of $(1.7) million and $(2.0) million for the three months ended June 30, 2012 and 2011, respectively, and $0.9 million and $(4.0) million for the six months ended June 30, 2012 and 2011, respectively.  Pension and postretirement benefits (net of taxes) activity in other comprehensive loss included deferred tax provisions of $2.6 million and $2.2 million for the three months ended June 30, 2012 and 2011, respectively, and $4.6 million and $4.0 million for the six months ended June 30, 2012 and 2011, respectively.