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Consolidated Statements of Changes in Shareholders' Equity (USD $)
In Thousands, except Share data
Total
Common shares
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total Pentair, Inc.
Noncontrolling interest
Comprehensive income (loss) attributable to Pentair, Inc.
Balance at Dec. 31, 2008 $ 2,020,069 $ 16,379 $ 451,241 $ 1,457,676 $ (26,615) $ 1,898,681 $ 121,388  
Balance (in shares) at Dec. 31, 2008   98,276,919            
Net income 116,200     115,493   115,493 707 115,493
Change in cumulative translation adjustment 35,528       43,371 43,371 (7,843) 43,371
Adjustment in retirement liability, net of $(26,650) in 2011, $(8,159) in 2010 and $164 in 2009 tax 256       256 256   256
Changes in market value of derivative financial instruments, net of $ 2,884 in 2011, $229 in 2010 and ($2,323) in 2009 tax 3,585       3,585 3,585   3,585
Comprehensive income (loss)               162,705
Cash dividends-$0.80, in 2011, $0.76 in 2010 and $0.72 in 2009 per common share (70,927)     (70,927)   (70,927)    
Tax benefit of stock compensation 1,025   1,025     1,025    
Exercise of stock options, net of 182,270 in 2011, 27,177 in 2010 and 124,613 in 2009 shares tendered for payment (in shares)   433,533            
Exercise of stock options, net of 182,270 in 2011, 27,177 in 2010 and 124,613 in 2009 shares tendered for payment 7,711 72 7,639     7,711    
Issuance of restricted shares, net of cancellations (in shares)   24,531            
Issuance of restricted shares, net of cancellations 520 4 516     520    
Amortization of restricted shares 7,190   7,190     7,190    
Shares surrendered by employees to pay taxes (in shares)   (79,477)            
Shares surrendered by employees to pay taxes (1,880) (13) (1,867)     (1,880)    
Stock compensation 7,063   7,063     7,063    
Balance at Dec. 31, 2009 2,126,340 16,442 472,807 1,502,242 20,597 2,012,088 114,252  
Balance (in shares) at Dec. 31, 2009   98,655,506            
Net income 202,321     197,828   197,828 4,493 197,828
Change in cumulative translation adjustment (32,706)       (30,487) (30,487) (2,219) (30,487)
Adjustment in retirement liability, net of $(26,650) in 2011, $(8,159) in 2010 and $164 in 2009 tax (12,762)       (12,762) (12,762)   (12,762)
Changes in market value of derivative financial instruments, net of $ 2,884 in 2011, $229 in 2010 and ($2,323) in 2009 tax 310       310 310   310
Comprehensive income (loss)               154,889
Cash dividends-$0.80, in 2011, $0.76 in 2010 and $0.72 in 2009 per common share (75,465)     (75,465)   (75,465)    
Tax benefit of stock compensation 2,171   2,171     2,171    
Distribution to noncontrolling interest (4,647)           (4,647)  
Share repurchase (in shares)   (726,777)            
Share repurchase (24,712) (121) (24,591)     (24,712)    
Exercise of stock options, net of 182,270 in 2011, 27,177 in 2010 and 124,613 in 2009 shares tendered for payment (in shares)   651,331            
Exercise of stock options, net of 182,270 in 2011, 27,177 in 2010 and 124,613 in 2009 shares tendered for payment 14,926 109 14,817     14,926    
Issuance of restricted shares, net of cancellations (in shares)   (4,122)            
Issuance of restricted shares, net of cancellations 706 (1) 707     706    
Amortization of restricted shares 3,538   3,538     3,538    
Shares surrendered by employees to pay taxes (in shares)   (166,746)            
Shares surrendered by employees to pay taxes (5,691) (28) (5,663)     (5,691)    
Stock compensation 10,703   10,703     10,703    
Balance at Dec. 31, 2010 2,205,032 16,401 474,489 1,624,605 (22,342) 2,093,153 111,879  
Balance (in shares) at Dec. 31, 2010   98,409,192            
Net income 38,521     34,222   34,222 4,299 34,222
Change in cumulative translation adjustment (93,706)       (91,591) (91,591) (2,115) (91,591)
Adjustment in retirement liability, net of $(26,650) in 2011, $(8,159) in 2010 and $164 in 2009 tax (41,683)       (41,683) (41,683)   (41,683)
Changes in market value of derivative financial instruments, net of $ 2,884 in 2011, $229 in 2010 and ($2,323) in 2009 tax 4,375       4,375 4,375   4,375
Comprehensive income (loss)               (94,677)
Cash dividends-$0.80, in 2011, $0.76 in 2010 and $0.72 in 2009 per common share (79,537)     (79,537)   (79,537)    
Tax benefit of stock compensation 3,868   3,868     3,868    
Share repurchase (in shares)   (397,126)            
Share repurchase (12,785) (66) (12,719)     (12,785)    
Exercise of stock options, net of 182,270 in 2011, 27,177 in 2010 and 124,613 in 2009 shares tendered for payment (in shares)   657,616            
Exercise of stock options, net of 182,270 in 2011, 27,177 in 2010 and 124,613 in 2009 shares tendered for payment 14,708 110 14,598     14,708    
Issuance of restricted shares, net of cancellations (in shares)   28,603            
Issuance of restricted shares, net of cancellations 1,475 5 1,470     1,475    
Amortization of restricted shares 1,006   1,006     1,006    
Shares surrendered by employees to pay taxes (in shares)   (75,721)            
Shares surrendered by employees to pay taxes (2,798) (13) (2,785)     (2,798)    
Stock compensation 8,916   8,916     8,916    
Balance at Dec. 31, 2011 $ 2,047,392 $ 16,437 $ 488,843 $ 1,579,290 $ (151,241) $ 1,933,329 $ 114,063  
Balance (in shares) at Dec. 31, 2011   98,622,564