XML 47 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Related Parties
12 Months Ended
Dec. 31, 2011
Related Parties [Abstract]  
Related Parties

NOTE 29. RELATED PARTIES

We purchase grid products from WAVE, our 50%-owned joint venture with Worthington Industries. The total amount of these purchases was approximately $93 million in 2011, $79 million in 2010, and $67 million in 2009. We also provide certain selling, promotional and administrative processing services to WAVE for which we receive reimbursement. Those services amounted to $15.0 million in 2011, $15.2 million in 2010, and $14.2 million in 2009. The net amounts due from us to WAVE for all of our relationships were $2.0 million at the end of both 2011 and 2010. See Note 10 to the Consolidated Financial Statements for additional information.

We incurred approximately $3.1 million and $0.6 million in consulting fees related to services provided by an affiliate of TPG in 2010 and 2009, respectively. There were no consulting services provided by the TPG affiliate in 2011. The amount due from us to the TPG affiliate was $0.6 million at the end of 2010. See Note 1 to the Consolidated Financial Statements for additional information.