SUPPLEMENTAL GUARANTOR INFORMATION (Tables)

12 Months Ended

Dec. 31, 2011

SUPPLEMENTAL GUARANTOR INFORMATION

Supplemental Condensed Consolidated Balance Sheet Information

(In thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	—		$	43,374	$	45,201		$	—		$	88,575
Receivables, net		—			776,859		62,469			(582,579	)		256,749
Inventories		—			207,854		79,700			—			287,554
Prepaid expenses		146			9,391		3,193			—			12,730
Income tax receivable		—			2,873		147			—			3,020
Deferred income taxes		—			14,769		220			—			14,989
Total current assets		146			1,055,120		190,930			(582,579	)		663,617
Property, plant and equipment, net		1,292			422,302		217,306			—			640,900
Long term receivables—affiliates		447,661			—		—			(447,661	)		—
Goodwill		—			103,959		109,649			—			213,608
Intangibles, net		—			44,284		2,431			—			46,715
Deferred income taxes		—			—		3,770			—			3,770
Other assets		15,646			51,296		8,659			—			75,601
Investment in subsidiaries		1,226,725			—		—			(1,226,725	)		—
Total assets	$	1,691,470		$	1,676,961	$	532,745		$	(2,256,965	)	$	1,644,211
Liabilities and Stockholders' Equity
Current portion of long-term debt	$	—		$	—	$	—		$	—		$	—
Accounts payable		572,600			148,573		20,193			(573,179	)		168,187
Interest payable		20,930			—		1			—			20,931
Income taxes payable		(1,213	)		1,213		1,202			—			1,202
Accrued compensation		—			11,572		8,171			—			19,743
Liability for unrecognized income tax benefits and other tax reserves		—			598		—			—			598
Other accrued liabilites		419			43,093		24,715			—			68,227
Total current liabilities		592,736			205,049		54,282			(573,179	)		278,888
Long-term debt		497,464			—		—			—			497,464
Lease financing obligation		—			—		109,899			—			109,899
Long-term payables—affiliates		—			—		457,061			(457,061	)		—
Liability for unrecognized income tax benefits		—			7,126		16,585			—			23,711
Deferred income taxes		16,054			165,411		—			—			181,465
Other non-current liabilities		96,552			63,734		2,071			(98,237	)		64,120
Total liabilities		1,202,806			441,320		639,898			(1,128,477	)		1,155,547
Total stockholders' equity (deficit)		488,664			1,235,641		(107,153	)		(1,128,488	)		488,664
Total liabilities and stockholders' equity	$	1,691,470		$	1,676,961	$	532,745		$	(2,256,965	)	$	1,644,211

(In thousands)	Parent Company		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash and cash equivalents	$	—	$	93,681	$	29,077		$	—		$	122,758
Receivables, net		72		580,625		66,537			(379,572	)		267,662
Inventories		—		174,231		87,004			—			261,235
Prepaid expenses		147		12,712		3,747			—			16,606
Income tax receivable		—		844		55			—			899
Deferred income taxes		—		7,266		—			—			7,266
Total current assets		219		869,359		186,420			(379,572	)		676,426
Property, plant and equipment, net		228		413,137		239,772			—			653,137
Long term receivables—affiliates		457,500		—		—			(457,500	)		—
Goodwill		—		97,572		112,059			—			209,631
Intangible assets, net		—		11,875		2,476			—			14,351
Deferred income taxes		—		—		8,078			—			8,078
Other assets		18,572		61,265		10,090			—			89,927
Non-current assets held for sale		—		14,151		—			—			14,151
Investment in subsidiaries		1,081,369		—		—			(1,081,369	)		—
Total assets	$	1,557,888	$	1,467,359	$	558,895		$	(1,918,441	)	$	1,665,701
Current portion of long-term debt	$	22,128	$	4	$	—		$	—		$	22,132
Accounts payable		375,604		112,422		24,185			(379,572	)		132,639
Interest payable		22,528		—		30			—			22,558
Income taxes payable		—		1,683		1,227			—			2,910
Accrued compensation		—		23,863		14,519			—			38,382
Liability for unrecognized income tax benefits and other tax reserves		—		2,897		5,925			—			8,822
Other accrued liabilities		419		23,162		24,955			—			48,536
Total current liabilities		420,679		164,031		70,841			(379,572	)		275,979
Long-term debt		555,425		—		—			—			555,425
Lease financing obligation		—		—		112,385			—			112,385
Long-term payables—affiliates		—		—		457,500			(457,500	)		—
Liability for unrecognized income tax benefits		—		6,919		39,965			—			46,884
Deferred income taxes		19,144		170,661		—			—			189,805
Other non-current liabilities		118,048		44,379		2,913			(124,709	)		40,631
Total liabilities		1,113,296		385,990		683,604			(961,781	)		1,221,109
Total stockholders' equity (deficit)		444,592		1,081,369		(124,709	)		(956,660	)		444,592
Total liabilities and stockholders' equity	$	1,557,888	$	1,467,359	$	558,895		$	(1,918,441	)	$	1,665,701

Supplemental Condensed Consolidating Income Statement Information

(In thousands, except share data)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	2,747,075		$	649,708		$	(173,899	)	$	3,222,884
Operating costs and expenses:
Cost of sales		—			2,540,607			552,917			(173,899	)		2,919,625
Selling, general and administrative expenses		32,000			73,652			62,569			—			168,221
Long-lived asset impairment charges		—			3,445			4,873			—			8,318
Restructuring cost		—			686			2,585			—			3,271
(Gain) on sale of assets		—			(1,150	)		—			—			(1,150	)
Total operating costs and expenses		32,000			2,617,240			622,944			(173,899	)		3,098,285
Operating (loss) income		(32,000	)		129,835			26,764			—			124,599
Other (expense) income
Interest (expense) income, net		(77,126	)		35,823			(24,062	)		—			(65,365	)
Foreign exchange (loss) gain		(23	)		75			(838	)		—			(786	)
Loss on redemption and other debt costs		(4,908	)		—			—			—			(4,908	)
Equity in income of subsidiaries		180,797			(416	)		—			(180,381	)		—
Income before income taxes		66,740			165,317			1,864			(180,381	)		53,540
Provision (benefit) for income taxes		8,983			6,163			(19,363	)		—			(4,217	)
Net income	$	57,757		$	159,154		$	21,227		$	(180,381	)	$	57,757

(In thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	12,455		$	2,383,630	$	613,103		$	(191,148	)	$	2,818,040
Operating costs and expenses:
Cost of sales		—			2,206,220		516,110			(178,692	)		2,543,638
Selling, general and administrative expenses		32,161			76,936		63,390			(12,456	)		160,031
Restructuring (benefit) costs		—			587		(485	)		—			102
Total operating costs and expenses		32,161			2,283,743		579,015			(191,148	)		2,703,771
Operating (loss) income		(19,706	)		99,887		34,088			—			114,269
Other (expense) income
Interest (expense) income, net		(73,900	)		25,954		(21,527	)		—			(69,473	)
Foreign exchange loss (gain)		132			13		(984	)		—			(839	)
Equity in income of subsidiaries		133,432			1,976		—			(135,408	)		—
Income before income taxes		39,958			127,830		11,577			(135,408	)		43,957
(Benefit) provision for income taxes		(2,720	)		12,181		(8,182	)		—			1,279
Net income	$	42,678		$	115,649	$	19,759		$	(135,408	)	$	42,678

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	15,632		$	1,598,653		$	522,231		$	(146,425	)	$	1,990,091
Operating costs and expenses:
Cost of sales		—			1,459,803			448,256			(129,061	)		1,778,998
Selling, general and administrative expenses		52,228			82,328			65,745			(17,364	)		182,937
Long-lived asset impairment charges		—			12,204			9,600			—			21,804
Restructuring costs		2,468			1,261			3,129						6,858
Losses (gains) on sale of assets		—			—			62			—			62
Total operating costs and expenses		54,696			1,555,596			526,792			(146,425	)		1,990,659
Operating (loss) income		(39,064	)		43,057			(4,561	)		—			(568	)
Other (expense) income:
Interest expense, net		(135,226	)		29,905			(25,198	)		—			(130,519	)
Loss on redemption and other debt costs		(28,816	)		—			(13,981	)		—			(42,797	)
Gain on debt exchange		400,835												400,835
Foreign exchange gain (loss)		44			49			(1,493	)		—			(1,400	)
Equity in income of subsidiaries		16,235			(19,683	)		—			3,448			—
Income (loss) from continuing operations before income taxes		214,008			53,328			(45,233	)		3,448			225,551
Provision (benefit) for income taxes		82,949			12,810			(1,267	)		—			94,492
Net income (loss)	$	131,059		$	40,518		$	(43,966	)	$	3,448		$	131,059

Supplemental Condensed Consolidating Statement of Cash Flows Information

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by operating activities	$	158,297		$	1,736		$	27,416		$	—	$	187,449
Investing activities:
Capital expenditures		(1,193	)		(53,953	)		(11,236	)		—		(66,382	)
Proceeds from sale of assets		—			1,218			25			—		1,243
Acquisitions, net of cash acquired		—			(71,371	)		—			—		(71,371	)
Net cash used in investing activities		(1,193	)		(124,106	)		(11,211	)		—		(136,510	)
Financing activities:
Long-term debt payment		(85,053	)		(4	)		—			—		(85,057	)
Fees paid to amend or issue debt facilities and equity		(1,394	)		—			(617	)		—		(2,011	)
Intercompany financing to fund acquisition		(72,067	)		72,067			—			—		—
Tax benefits from employee share-based exercises		1,371			—			—			—		1,371
Stock compensation plan activity		39			—			—			—		39
Net cash (used in) provided by financing activities		(157,104	)		72,063			(617	)		—		(85,658	)
Effect of exchange rate changes on cash and cash equivalents		—			—			536			—		536
Net change in cash and cash equivalents		—			(50,307	)		16,124			—		(34,183	)
Cash and cash equivalents at beginning of year		—			93,681			29,077			—		122,758
Cash and cash equivalents at end of year	$	—		$	43,374		$	45,201		$	—	$	88,575

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by operating activities	$	55,411		$	100,283		$	28,105		$	—	$	183,799
Investing activities:
Capital expenditures		—			(31,461	)		(14,253	)		—		(45,714	)
Proceeds from sale of assets		—			16			1,053			—		1,069
Net cash used in investing activities		—			(31,445	)		(13,200	)		—		(44,645	)
Financing activities:
Net change in ABL revolver		(56,000	)		—			(353	)		—		(56,353	)
Long-term debt payment		—			(37	)		—			—		(37	)
Fees paid to amend or issue debt facilities and equity		(3,412	)		—			82			—		(3,330	)
Tax benefits from employee share-based exercises		4,001			—			—			—		4,001
Net cash used in financing activities		(55,411	)		(37	)		(271	)		—		(55,719	)
Effect of exchange rate changes on cash and cash equivalents		—			—			526			—		526
Net change in cash and cash equivalents		—			68,801			15,160			—		83,961
Cash and cash equivalents at beginning of year		—			24,880			13,917			—		38,797
Cash and cash equivalents at end of year	$	—		$	93,681		$	29,077		$	—	$	122,758

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (used in) cash provided by operating activities	$	(109,473	)	$	(1,462	)	$	111,658		$	—		$	723
Cash from investing activities:
Proceeds from insurance recoveries related to property plant and equipment		—			1,781			199			—			1,980
Capital expenditures		—			(25,109	)		(4,976	)		—			(30,085	)
Proceeds from sale of assets		—			—			2,080			—			2,080
Distribution from affiliate		118,012			118,012			—			(236,024	)		—
Net cash provided by (used in) investing activities		118,012			94,684			(2,697	)		(236,024	)		(26,025	)
Net cash (used in) provided by financing activities:
Net change in revolving line of credit		(125,762	)		—			(9,460	)		—			(135,222	)
Net change in ABL revolver		56,000			—			462			—			56,462
Long-term debt payments		(367,349	)		(53	)		—			—			(367,402	)
Long-term debt proceeds		496,739			—			—			—			496,739
Fees paid to amend or issue debt facilities		(68,240	)		—			(11,509	)		—			(79,749	)
Return of capital to affiliate		—			(118,012	)		(118,012	)		236,024			—
Tax benefits from employee share based exercises		98			—			—			—			98
Stock compensation plan activity		(25	)		—			—			—			(25	)
Net cash (used in) provided by financing activities		(8,539	)		(118,065	)		(138,519	)		236,024			(29,099	)
Effect of exchange rate changes on cash		—			—			3,223			—			3,223
Net change in cash and cash equivalents		—			(24,843	)		(26,335	)		—			(51,178	)
Cash and cash equivalents at beginning of year		—			49,724			40,251			—			89,975
Cash and cash equivalents at end of year	$	—		$	24,881		$	13,916		$	—		$	38,797