SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF BUSINESS (Tables)

12 Months Ended

Dec. 31, 2011

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF BUSINESS

Schedule of estimated useful lives of assets

Buildings	27-30 years
Land improvements	15 years
Machinery and equipment	2-15 years
Dies and moulds	3-6 years
Office furniture and equipment	2-10 years
Computer equipment and software	3-10 years

Schedule of activity in warranty liabilities

(In thousands)	2011			2010			2009
January 1,	$	6,560		$	7,368		$	7,498
Estimated fair value of warranty liability assumed in acquisition		5,629			—			—
Warranty provisions		4,906			2,114			3,005
Foreign currency translation		(119	)		334			896
Warranty claims paid		(5,192	)		(3,256	)		(4,031	)
December 31,	$	11,784		$	6,560		$	7,368

Accumulated other comprehensive loss

(In thousands)	Accrued Pension Benefit Liability			Foreign Currency Items			Derivative Cash Flow Hedges			Accumulated Other Comprehensive Loss
Balance at December 31, 2009	$	(23,377	)	$	18,903		$	160		$	(4,314	)
Net current period change		(4,764	)		8,264			264			4,764
Reclassification adjustment for realized (gains) losses included in net income		500			—			(160	)		(660	)
Balance at December 31, 2010		(27,641	)		27,167			264			(210	)
Net current period change		(13,618	)		(4,574	)		(453	)		(16,709	)
Reclassification adjustment for realized (gains) losses included in net income		968			—			(264	)		(1,232	)
Balance at December 31, 2011	$	(40,291	)	$	22,593		$	(453	)	$	(18,151	)

Components of other comprehensive (loss) income

(In thousands)	Pre-Tax Amount			Tax Expense (Benefit)			After-Tax Amount
Year ended December 31, 2009
Unrealized gain on derivatives	$	2,926		$	1,105		$	1,821
Change in pension liability adjustment		(4,888	)		(419	)		(4,469	)
Change in foreign currency translation adjustment		40,404			22,388			18,016
Other comprehensive (loss) income	$	38,442		$	23,074		$	15,368
Year ended December 31, 2010
Unrealized gain on derivatives	$	168		$	64		$	104
Change in pension liability adjustment		(5,807	)		(1,543	)		(4,264	)
Change in foreign currency translation adjustment		17,036			8,772			8,264
Other comprehensive (loss) income	$	11,397		$	7,293		$	4,104
Year ended December 31, 2011
Unrealized loss on derivatives	$	(1,146	)	$	(429	)	$	(717	)
Change in pension liability adjustment		(20,629	)		(7,979	)		(12,650	)
Change in foreign currency translation adjustment		(8,125	)		(3,551	)		(4,574	)
Other comprehensive (loss) income	$	(29,900	)	$	(11,959	)	$	(17,941	)

Computations of basic and diluted earnings (loss) per share

Basic and Diluted Earnings Per Share—Two-class Method

	Year ended December 31,
(In thousands, except per share data)	2011		2010		2009
Basic earnings per share
Undistributed income	$	57,757	$	42,678	$	131,059
Deduct: Undistributed earnings—Restricted stock units participating securities		1,216		1,294		7,869
Common stockholders' interest in undistributed income	$	56,541	$	41,384	$	123,190
Weighted average common shares—Basic		34,086		33,825		14,903
Total basic earnings per common share	$	1.66	$	1.22	$	8.27
Total basic earnings per restricted stock units participating security	$	1.66	$	1.22	$	8.27
Diluted earnings per share
Common stockholders' interest in undistributed income	$	56,541	$	41,384	$	123,190
Weighted average common shares—Basic		34,086		33,825		14,903
Stock-based awards		36		—		5
Weighted average common shares—Diluted		34,122		33,825		14,908
Total diluted earnings per share	$	1.66	$	1.22	$	8.26
Total diluted earnings per restricted stock units participating security	$	1.66	$	1.22	$	8.26