SUPPLEMENTAL GUARANTOR INFORMATION (Tables)

6 Months Ended

Jun. 30, 2012

SUPPLEMENTAL GUARANTOR INFORMATION

Supplemental Condensed Consolidated Balance Sheet Information

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Balance Sheet Information
June 30, 2012
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Cash and cash equivalents	$	—		$	40,863	$	14,526		$	—		$	55,389
Receivables, net		—			915,444		99,872			(627,355	)		387,961
Inventories		—			179,445		104,879			—			284,324
Prepaid expenses and other		71			10,343		3,828			—			14,242
Deferred income taxes		—			17,720		219			—			17,939
Total current assets		71			1,163,815		223,324			(627,355	)		759,855
Property, plant and equipment, net		1,410			422,319		210,324			—			634,053
Long term receivables—affiliates		445,473			—		—			(445,473	)		—
Goodwill		—			105,043		109,113			—			214,156
Intangible assets, net		—			42,610		2,419			—			45,029
Deferred income taxes		—			—		3,980			—			3,980
Other assets, net		14,228			44,306		7,901			—			66,435
Investment in Subsidiaries		1,327,490			—		—			(1,327,490	)		—
Total assets	$	1,788,672		$	1,778,093	$	557,061		$	(2,400,318	)	$	1,723,508
Liabilities and Stockholders' Equity
Current portion of long-term debt	$	—		$	—	$	—		$	—		$	—
Accounts payable		618,521			165,128		43,539			(617,955	)		209,233
Interest payable		20,837			—		2			—			20,839
Income taxes payable		(1,329	)		1,995		1,211			—			1,877
Accrued compensation		—			10,288		9,489			—			19,777
Other accrued liabilites		952			30,145		28,374			—			59,471
Total current liabilities		638,981			207,556		82,615			(617,955	)		311,197
Long-term debt		497,665			—		—			—			497,665
Lease financing obligation		—			—		109,287			—			109,287
Long-term payables—affiliates		—			—		454,873			(454,873	)		—
Liability for unrecognized income tax benefits		—			5,556		14,059			—			19,615
Deferred income taxes		15,269			165,723		—			—			180,992
Other non-current liabilities		96,186			62,914		2,173			(97,092	)		64,181
Total liabilities		1,248,101			441,749		663,007			(1,169,920	)		1,182,937
Total stockholders' equity (deficit)		540,571			1,336,344		(105,946	)		(1,230,398	)		540,571
Total liabilities and stockholders' equity	$	1,788,672		$	1,778,093	$	557,061		$	(2,400,318	)	$	1,723,508

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Balance Sheet Information
December 31, 2011

(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 and other		146			12,264		3,340			—			15,750
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
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
Other accrued liabilities		419			43,691		24,715			—			68,825
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

Supplemental Condensed Consolidating Statement of Comprehensive Income

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Income and Comprehensive Income
Three Months Ended June 30, 2012
(Unaudited)

(In thousands, except share data)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	739,600		$	176,577		$	(48,464	)	$	867,713
Operating costs and expenses:
Cost of sales		—			684,816			144,589			(48,464	)		780,941
Selling, general and administrative expenses		10,207			23,340			18,180			—			51,727
Gain on sale of assets		—			—			—			—			—
Transaction related costs, restructuring and other, net		7,116			(454	)		(17	)		—			6,645
Total operating costs and expenses		17,323			707,702			162,752			(48,464	)		839,313
Operating (loss) income		(17,323	)		31,898			13,825			—			28,400
Other (expense) income
Interest (expense) income, net		(21,749	)		13,041			(5,835	)		—			(14,543	)
Foreign exchange gain (loss)		—			45			(300	)		—			(255	)
Equity in income of subsidiaries		44,385			1,150			—			(45,535	)		—
Income (loss) before income taxes		5,313			46,134			7,690			(45,535	)		13,602
(Benefit) provision for income taxes		(8,306	)		11,577			(3,288	)		—			(17	)
Net income	$	13,619		$	34,557		$	10,978		$	(45,535	)	$	13,619
Comprehensive income	$	10,663		$	36,367		$	13,614		$	(49,981	)	$	10,663

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Income and Comprehensive Income
Three Months Ended June 30, 2011
(Unaudited)

(In thousands, except share data)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	676,426		$	211,083		$	(55,798	)	$	831,711
Operating costs and expenses:
Cost of sales		—			632,746			171,777			(55,798	)		748,725
Selling, general and administrative expenses		10,201			18,391			19,591			—			48,183
Gain on sale of assets		—			(1,150	)		—			—			(1,150	)
Transaction related costs, restructuring and other, net		—			16			427			—			443
Total operating costs and expenses		10,201			650,003			191,795			(55,798	)		796,201
Operating (loss) income		(10,201	)		26,423			19,288			—			35,510
Other (expense) income:
Interest (expense) income, net		(18,361	)		7,612			(6,170	)		—			(16,919	)
Loss on early redemption of debt		(1,100	)		—			—			—			(1,100	)
Foreign exchange (loss) gain		(19	)		35			(356	)		—			(340	)
Equity in income of subsidiaries		39,169			1,003			—			(40,172	)		—
Income before income taxes		9,488			35,073			12,762			(40,172	)		17,151
(Benefit) provision for income taxes		(5,100	)		10,196			(2,533	)		—			2,563
Net income	$	14,588		$	24,877		$	15,295		$	(40,172	)	$	14,588
Comprehensive income	$	14,953		$	24,418		$	14,719		$	(39,137	)	$	14,953

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Income and Comprehensive Income
Six Months Ended June 30, 2012
(Unaudited)

(In thousands, except share data)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	1,521,289		$	303,384		$	(97,031	)	$	1,727,642
Operating costs and expenses:
Cost of sales		—			1,377,604			256,763			(97,031	)		1,537,336
Selling, general and administrative expenses		18,030			46,533			34,893			—			99,456
Gain on sale of assets		—			(17,386	)		—			—			(17,386	)
Transaction related costs, restructuring and other, net		12,029			(522	)		74			—			11,581
Total operating costs and expenses		30,059			1,406,229			291,730			(97,031	)		1,630,987
Operating (loss) income		(30,059	)		115,060			11,654			—			96,655
Other (expense) income
Interest (expense) income, net		(43,250	)		26,037			(11,723	)		—			(28,936	)
Foreign exchange gain (loss)		219			30			(651	)		—			(402	)
Loss on early redemption of debt		—			—			—			—			—
Equity in income of subsidiaries		102,062			322			—			(102,384	)		—
Income (loss) before income taxes		28,972			141,449			(720	)		(102,384	)		67,317
(Benefit) provision for income taxes		(19,961	)		41,714			(3,369	)		—			18,384
Net income	$	48,933		$	99,735		$	2,649		$	(102,384	)	$	48,933
Comprehensive income	$	48,923		$	100,767		$	3,037		$	(103,804	)	$	48,923

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Income and Comprehensive Income
Six Months Ended June 30, 2011
(Unaudited)

(In thousands, except share data)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	1,382,761		$	340,341		$	(103,454	)	$	1,619,648
Operating costs and expenses:
Cost of sales		—			1,274,512			289,895			(103,454	)		1,460,953
Selling, general and administrative expenses		18,817			34,896			32,956			—			86,669
Gain on sale of assets		—			(1,150	)		—			—			(1,150	)
Transaction related costs, restructuring and other, net		—			16			1,009			—			1,025
Total operating costs and expenses		18,817			1,308,274			323,860			(103,454	)		1,547,497
Operating (loss) income		(18,817	)		74,487			16,481			—			72,151
Other (expense) income:
Interest (expense) income, net		(37,526	)		16,169			(12,032	)		—			(33,389	)
Loss on early redemption of debt		(1,100	)		—			—			—			(1,100	)
Foreign exchange gain (loss)		36			45			(1,021	)		—			(940	)
Equity in income (loss) of subsidiaries		68,479			(2,005	)		—			(66,474	)		—
Income before income taxes		11,072			88,696			3,428			(66,474	)		36,722
(Benefit) provision for income taxes		(15,643	)		27,904			(2,254	)		—			10,007
Net income	$	26,715		$	60,792		$	5,682		$	(66,474	)	$	26,715
Comprehensive income	$	32,055		$	60,161		$	2,495		$	(62,656	)	$	32,055

Supplemental Condensed Consolidating Statement of Cash Flows Information

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Cash Flows Information
Six Months Ended June 30, 2012
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net cash (used in) provided by operating activities	$	(1,398	)	$	9,253		$	(22,844	)	$	—		$	(14,989	)
Cash flows from investing activities:
Capital expenditures		(190	)		(33,638	)		(6,841	)		—			(40,669	)
Proceeds from sale of assets		—			21,668			47			—			21,715
Distributions from affiliate		1,854			206			—			(2,060	)		—
Net cash provided by (used in) investing activities		1,664			(11,764	)		(6,794	)		(2,060	)		(18,954	)
Cash flows from financing activities:
Return on capital		—			—			(2,060	)		2,060			—
Stock compensation plan activity		(371	)		—			—			—			(371	)
Excess tax benefits from share-based payment arrangements		105			—			—			—			105
Net cash used in financing activities		(266	)		—			(2,060	)		2,060			(266	)
Effect of exchange rate changes on cash and cash equivalents		—			—			1,023			—			1,023
Net change in cash and cash equivalents		—			(2,511	)		(30,675	)		—			(33,186	)
Cash and cash equivalents at beginning of period		—			43,374			45,201			—			88,575
Cash and cash equivalents at end of period	$	—		$	40,863		$	14,526		$	—		$	55,389

Georgia Gulf Corporation and Subsidiaries
Supplemental Condensed Consolidating Statement of Cash Flows Information
Six Months Ended June 30, 2011
(Unaudited)

(In thousands)	Parent Company			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in) operating activities	$	15,611		$	(42,740	)	$	(45,309	)	$	—	$	(72,438	)
Cash flows from investing activities:
Capital expenditures		(600	)		(18,906	)		(4,186	)		—		(23,692	)
Proceeds from sale of property, plant and equipment		—			132			21			—		153
Acquisition, net of cash acquired		—			(71,623	)		—			—		(71,623	)
Net cash used in investing activities		(600	)		(90,397	)		(4,165	)		—		(95,162	)
Cash flows from financing activities:
Net change in ABL Revolver		80,900			—			29,659			—		110,559
Repayment of long-term debt		(22,913	)		(4	)		—			—		(22,917	)
Fees paid to amend or issue debt facilities and equity		(863	)		—			(617	)		—		(1,480	)
Intercompany financing to fund acquisition		(72,239	)		72,239			—			—		—
Excess tax benefits from share-based payment arrangements		65			—			—			—		65
Stock compensation plan activity		39			—			—			—		39
Net cash (used in) provided by financing activities		(15,011	)		72,235			29,042			—		86,266
Effect of exchange rate changes on cash and cash equivalents		—			—			262			—		262
Net change in cash and cash equivalents		—			(60,902	)		(20,170	)		—		(81,072	)
Cash and cash equivalents at beginning of period		—			93,681			29,077			—		122,758
Cash and cash equivalents at end of period	$	—		$	32,779		$	8,907		$	—	$	41,686