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AFFILIATES
6 Months Ended
May 29, 2011
Notes to Financial Statements [Abstract]  
Affiliates [Text Block]
AFFILIATES


Investments in Ameron Saudi Arabia, Ltd. ("ASAL") and Bondstrand, Ltd. ("BL") are accounted for under the cost method due to Management's current assessment of the Company's influence over these affiliates. Earnings related to dividends from ASAL and BL, if any, are included in other income, net. The Company received dividends of $2,765,000 from affiliates in the first half of 2011, and no dividends were received in the first half of 2010.


In the fourth quarter of 2010, the Company completed the sale of its 50% ownership interest in TAMCO. In the three and six months ended May 30, 2010, the Company recorded equity in loss of TAMCO, net of taxes, of $409,000 and $1,185,000 respectively.