Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes

Schedule of significant components of the Company's deferred income tax liabilities and assets

	December 31,
	2012			2011
	(in millions)
Deferred income tax liabilities:
Excess tax over book depreciation	$	22.7		$	20.6
Intangibles		31.8			33.6
Other		15.7			14.1
Total deferred tax liabilities		70.2			68.3
Deferred income tax assets:
Accrued expenses		16.7			17.9
Net operating loss carry-forward		5.5			6.5
Inventory reserves		8.7			8.1
Pension—accumulated other comprehensive income		15.8			12.0
Other		14.8			15.2
Total deferred tax assets		61.5			59.7
Less: valuation allowance		(10.1	)		(9.1	)
Net deferred tax assets		51.4			50.6
Net deferred tax liabilities	$	(18.8	)	$	(17.7	)

Schedule of pre-tax income upon which provision for income taxes from continuing operations is based

	Years Ended December 31,
	2012		2011		2010
	(in millions)
Domestic	$	27.3	$	39.6	$	43.5
Foreign		73.0		51.5		51.0
	$	100.3	$	91.1	$	94.5

Schedule of provision for income taxes from continuing operations

	Years Ended December 31,
	2012			2011			2010
	(in millions)
Current tax expense:
Federal	$	5.0		$	6.9		$	12.0
Foreign		21.4			18.6			20.5
State		1.3			1.8			2.9
		27.7			27.3			35.4
Deferred tax expense (benefit):
Federal		4.4			5.5			1.6
Foreign		(3.5	)		(7.3	)		(5.9	)
State		1.1			1.2			0.3
		2.0			(0.6	)		(4.0	)
	$	29.7		$	26.7		$	31.4

Reconciliation of federal statutory taxes to actual income taxes reported from continuing operations

	Years Ended December 31,
	2012			2011			2010
	(in millions)
Computed expected federal income expense	$	35.1		$	31.9		$	33.0
State income taxes, net of federal tax benefit		1.5			1.9			2.1
Foreign tax rate differential		(7.6	)		(2.6	)		(3.3	)
China tax clawback		—			(4.2	)		—
Other, net		0.7			(0.3	)		(0.4	)
	$	29.7		$	26.7		$	31.4