CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2011



	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	5.0	$	43.0	$	1.8		$	—		$	49.8
Receivables:
Trade, less allowance for doubtful receivables	—		96.0		2.9			—			98.9
Intercompany receivables	—		2.3		0.2			(2.5		)	—
Other	—		0.8		0.4			—			1.2
Inventories	—		196.6		9.1			—			205.7
Prepaid expenses and other current assets	6.9		71.0		1.0			—			78.9
Total current assets	11.9		409.7		15.4			(2.5		)	434.5
Investments in and advances to unconsolidated affiliates	1,036.9		5.8		—			(1,042.7		)	—
Property, plant, and equipment — net	—		355.9		11.9			—			367.8
Long-term intercompany receivables	—		22.0		2.5			(24.5		)	—
Net asset in respect of VEBA(s)	—		144.7		—			—			144.7
Deferred tax assets — net	—		218.9		(0.6		)	8.6			226.9
Intangible assets — net	—		37.2		—			—			37.2
Goodwill	—		37.2		—			—			37.2
Other assets	50.2		19.2		2.9			—			72.3
Total	$	1,099.0	$	1,250.6	$	32.1		$	(1,061.1	)	$	1,320.6
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	—	$	57.1	$	5.1		$	—		$	62.2
Intercompany payable	—		0.2		2.3			(2.5		)	—
Accrued salaries, wages, and related expenses	—		28.7		2.2			—			30.9
Other accrued liabilities	2.2		38.0		0.8			—			41.0
Payable to affiliate	—		14.4		—			—			14.4
Long-term debt-current portion	—		1.3		—			—			1.3
Total current liabilities	2.2		139.7		10.4			(2.5		)	149.8
Net liability in respect of VEBA	—		20.6		—			—			20.6
Long-term intercompany payable	22.0		2.5		—			(24.5		)	—
Long-term liabilities	54.0		53.5		18.5			—			126.0
Cash convertible senior notes	148.0				—			—			148.0
Other long-term debt	—		3.4		—			—			3.4
Total liabilities	226.2		219.7		28.9			(27.0		)	447.8

Total stockholders’ equity	872.8		1,030.9		3.2			(1,034.1		)	872.8
Total	$	1,099.0	$	1,250.6	$	32.1		$	(1,061.1	)	$	1,320.6

CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2010



	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	5.0	$	129.6	$	1.0		$	—		$	135.6
Receivables:
Trade, less allowance for doubtful receivables	—		80.3		2.7			—			83.0
Intercompany receivables	—		2.6		0.2			(2.8		)	—
Other	—		3.8		1.4			—			5.2
Inventories	—		158.8		8.7			—			167.5
Prepaid expenses and other current assets	—		79.0		1.1			—			80.1
Total current assets	5.0		454.1		15.1			(2.8		)	471.4
Investments in and advances to unconsolidated affiliates	1,016.5		4.1		—			(1,020.6		)	—
Property, plant, and equipment — net	—		341.8		12.3			—			354.1
Long-term intercompany receivables	10.2		—		2.8			(13.0		)	—
Net asset in respect of VEBA(s)	—		158.0		—			—			158.0
Deferred tax assets — net	—		236.5		(0.1		)	8.9			245.3
Intangible assets — net	—		4.0		—			—			4.0
Goodwill	—		3.1		—			—			3.1
Other assets	60.4		19.6		3.0			—			83.0
Total	$	1,092.1	$	1,221.2	$	33.1		$	(1,027.5	)	$	1,318.9
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	—	$	43.9	$	6.9		$	—		$	50.8
Intercompany payable	—		0.2		2.6			(2.8		)	—
Accrued salaries, wages, and related expenses	—		28.5		2.6			—			31.1
Other accrued liabilities	2.0		37.9		2.1			—			42.0
Payable to affiliate	—		17.1		—			—			17.1
Long-term debt-current portion	—		1.3		—			—			1.3
Total current liabilities	2.0		128.9		14.2			(2.8		)	142.3
Long-term intercompany payable	—		13.0		—			(13.0		)	—
Long-term liabilities	60.0		58.1		16.6			—			134.7
Cash convertible senior notes	141.4		—		—			—			141.4
Other long-term debt	—		11.8		—			—			11.8
Total liabilities	203.4		211.8		30.8			(15.8		)	430.2

Total stockholders’ equity	888.7		1,009.4		2.3			(1,011.7		)	888.7
Total	$	1,092.1	$	1,221.2	$	33.1		$	(1,027.5	)	$	1,318.9

CONDENSED STATEMENT OF CONSOLIDATING COMPREHENSIVE INCOME

Year Ended December 31, 2011



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	1,264.5		$	133.6		$	(96.8	)	$	1,301.3
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation, amortization and other items	—			1,128.6			125.4			(95.1		)	1,158.9
Restructuring costs and other (benefits) charges	—			(0.3		)	—			—			(0.3		)
Depreciation and amortization	—			24.3			0.9			—			25.2
Selling, administrative, research and development, and general	1.8			56.3			6.2			(1.6		)	62.7
Other operating (benefits) charges, net	—			0.1			(0.3		)	—			(0.2		)
Total costs and expenses	1.8			1,209.0			132.2			(96.7		)	1,246.3
Operating (loss) income	(1.8		)	55.5			1.4			(0.1		)	55.0
Other (expense) income:
Interest expense	(16.2		)	(1.8		)	—			—			(18.0		)
Other income (expense), net	4.0			0.4			(0.1		)	—			4.3
(Loss) income before income taxes	(14.0		)	54.1			1.3			(0.1		)	41.3
Income tax provision	—			(21.8		)	(0.6		)	6.2			(16.2		)
Earnings in equity of subsidiaries	39.1			0.8			—			(39.9		)	—
Net income	$	25.1		$	33.1		$	0.7		$	(33.8	)	$	25.1

Comprehensive (loss) income	$	(40.2	)	$	(32.2	)	$	0.7		$	31.5		$	(40.2	)

CONDENSED STATEMENT OF CONSOLIDATING COMPREHENSIVE INCOME

Year Ended December 31, 2010



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	1,046.9		$	120.1		$	(87.9	)	$	1,079.1
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation, amortization and other items	—			920.4			113.0			(86.6		)	946.8
Restructuring costs and other (benefits) charges	—			(0.3		)	—			—			(0.3		)
Depreciation and amortization	—			19.0			0.8			—			19.8
Selling, administrative, research and development, and general	1.7			59.9			7.4			(1.3		)	67.7
Other operating (benefits) charges, net	—			4.0			—			—			4.0
Total costs and expenses	1.7			1,003.0			121.2			(87.9		)	1,038.0
Operating (loss) income	(1.7		)	43.9			(1.1		)	—			41.1
Other (expense) income:
Interest expense	(11.3		)	(0.5		)	—			—			(11.8		)
Other income (expense), net	(4.8		)	0.5			0.1			—			(4.2		)
(Loss) income before income taxes	(17.8		)	43.9			(1.0		)	—			25.1
Income tax provision	—			(21.6		)	0.7			7.8			(13.1		)
Earnings in equity of subsidiaries	29.8			(0.3		)	—			(29.5		)	—
Net income (loss)	$	12.0		$	22.0		$	(0.3	)	$	(21.7	)	$	12.0

Comprehensive income (loss)	$	30.5		$	41.4		$	(1.2	)	$	(40.2	)	$	30.5

CONDENSED STATEMENT OF CONSOLIDATING COMPREHENSIVE INCOME

Year Ended December 31, 2009



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net sales	$	—		$	968.9		$	88.5		$	(70.4	)	$	987.0
Costs and expenses:
Cost of products sold:
Cost of products sold, excluding depreciation, amortization and other items	—			753.4			81.7			(68.7		)	766.4
Lower of cost or market inventory write-down	—			9.3			—			—			9.3
Impairment of investment in Anglesey	—			1.8			—			—			1.8
Restructuring costs and other charges	—			5.4			—			—			5.4
Depreciation and amortization	—			15.7			0.7			—			16.4
Selling, administrative, research and development, and general	1.4			64.1			5.6			(1.2		)	69.9
Other operating (benefits) charges, net	—			0.1			(1.0		)	—			(0.9		)
Total costs and expenses	1.4			849.8			87.0			(69.9		)	868.3
Operating (loss) income	(1.4		)	119.1			1.5			(0.5		)	118.7
Other (expense) income:
Other income (expense), net	0.1			(0.2		)	—			—			(0.1		)
(Loss) income before income taxes	(1.3		)	118.9			1.5			(0.5		)	118.6
Income tax provision	—			(48.2		)	(0.9		)	1.0			(48.1		)
Earnings in equity of subsidiaries	71.8			—			—			(71.8		)	—
Net income	$	70.5		$	70.7		$	0.6		$	(71.3	)	$	70.5

Comprehensive income	$	92.6		$	94.5		$	(1.1	)	$	(93.4	)	$	92.6

CONDENSED STATEMENTS OF CONSOLIDATING CASH FLOWS

Year Ended December 31, 2011



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments		Consolidated
Cash flows from operating activities:
Net cash provided by operating activities	$	22.0		$	39.4		$	1.4		$	—	$	62.8
Cash flows from investing activities:
Capital expenditures	—			(31.2		)	(1.3		)	—		(32.5		)
Purchase of available for sale securities	—			(0.3		)	—			—		(0.3		)
Proceeds from disposal of property, plant and equipment	—			—			0.7			—		0.7
Cash payment for acquisition of manufacturing facility and related assets (net of $4.9 of cash received in connection with the acquisition in 2011)	—			(83.2		)	—			—		(83.2		)
Change in restricted cash	—			(1.0		)	—			—		(1.0		)
Net cash used in investing activities	—			(115.7		)	(0.6		)	—		(116.3		)
Cash flows from financing activities:
Repayment of capital lease	—			(0.1		)	—			—		(0.1		)
Repayment of promissory notes	—			(8.3		)	—			—		(8.3		)
Cash paid for financing costs in connection with the revolving credit facility	—			(2.1		)	—			—		(2.1		)
Excess tax benefit upon vesting of non-vested shares and dividend payment on unvested shares expected to vest	—			0.2			—			—		0.2
Repurchase of common stock to cover employees' tax withholdings upon vesting of non-vested shares	(3.1		)	—			—			—		(3.1		)
Cash dividend paid to stockholders	(18.9		)	—			—			—		(18.9		)
Net cash used in financing activities	(22.0		)	(10.3		)	—			—		(32.3		)
Net (decrease) increase in cash and cash equivalents during the period	—			(86.6		)	0.8			—		(85.8		)
Cash and cash equivalents at beginning of period	5.0			129.6			1.0			—		135.6
Cash and cash equivalents at end of period	$	5.0		$	43.0		$	1.8		$	—	$	49.8

CONDENSED STATEMENTS OF CONSOLIDATING CASH FLOWS

Year Ended December 31, 2010



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments		Consolidated
Cash flows from operating activities:
Net cash provided by operating activities	$	(83.8	)	$	148.5		$	1.6		$	—	$	66.3
Cash flows from investing activities:
Capital expenditures	—			(37.4		)	(1.5		)	—		(38.9		)
Purchase of available for sale securities	—			(4.4		)	—			—		(4.4		)
Proceeds from disposal of property, plant and equipment	—			4.8			—			—		4.8
Cash payment for acquisition of manufacturing facility and related assets	—			(9.0		)	—			—		(9.0		)
Change in restricted cash	—			1.1			—			—		1.1
Net cash used in investing activities	—			(44.9		)	(1.5		)	—		(46.4		)
Cash flows from financing activities:
Proceeds from issuance of cash convertible senior notes	175.0			—			—			—		175.0
Cash paid for financing costs in connection with issuance of cash convertible senior notes	(5.9		)	—			—			—		(5.9		)
Purchase of call option in connection with issuance of cash convertible senior notes	(31.4		)	—			—			—		(31.4		)
Proceeds from issuance of warrants	14.3			—			—			—		14.3
Repayment of promissory notes	—			(0.7		)	—			—		(0.7		)
Cash paid for financing costs in connection with the revolving credit facility	—			(2.7		)	—			—		(2.7		)
Repurchase of common stock	(44.2		)	—			—			—		(44.2		)
Cash dividend paid to stockholders	(19.0		)	—			—			—		(19.0		)
Net cash provided by (used in) financing activities	88.8			(3.4		)	—			—		85.4
Net increase in cash and cash equivalents during the period	5.0			100.2			0.1			—		105.3
Cash and cash equivalents at beginning of period	—			29.4			0.9			—		30.3
Cash and cash equivalents at end of period	$	5.0		$	129.6		$	1.0		$	—	$	135.6

CONDENSED STATEMENTS OF CONSOLIDATING CASH FLOWS

Year Ended December 31, 2009



	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments		Consolidated
Cash flows from operating activities:
Net cash provided by operating activities	$	19.6		$	106.4		$	1.7		$	—	$	127.7
Cash flows from investing activities:
Capital expenditures	—			(58.3		)	(0.9		)	—		(59.2		)
Change in restricted cash	—			18.5			—			—		18.5
Net cash used in investing activities	—			(39.8		)	(0.9		)	—		(40.7		)
Cash flows from financing activities:
Borrowings under the revolving credit facility	—			111.6			—			—		111.6
Repayment of borrowings under the revolving credit facility	—			(147.6		)	—			—		(147.6		)
Cash paid for financing costs in connection with the revolving credit facility	—			(1.2		)	—			—		(1.2		)
Excess tax deficiency upon vesting of non-vested shares and dividend payment on unvested shares expected to vest	—			(0.1		)	—			—		(0.1		)
Cash dividend paid to stockholders	(19.6		)	—			—			—		(19.6		)
Net cash used in financing activities	(19.6		)	(37.3		)	—			—		(56.9		)
Net increase in cash and cash equivalents during the period	—			29.3			0.8			—		30.1
Cash and cash equivalents at beginning of period	—			0.1			0.1			—		0.2
Cash and cash equivalents at end of period	$	—		$	29.4		$	0.9		$	—	$	30.3