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Business Segments
 12 Months Ended
Dec. 31, 2012
Segment Disclosures [Abstract]  
Segment Reporting Disclosure [Text Block]

Note 15—Business Segments

The following table presents information about the reported segments for the years ended December 31, 2012, December 31, 2011 and December 31, 2010:

 

             
  Metalworking    Other   
  Process    Chemical    
  Chemicals Coatings Products Total
2012           
 Net sales$661,794 $42,763 $3,669 $708,226
 Operating income for reportable segments 116,013  10,654  304  126,971
 Depreciation 10,834  700  60  11,594
 Segment assets 514,513  21,406  715  536,634
 Expenditures for long-lived assets 12,291  444  0  12,735
2011           
 Net sales$641,325 $39,182 $2,724 $683,231
 Operating income for reportable segments 110,118  9,275  112  119,505
 Depreciation 10,222  624  43  10,889
 Segment assets (re-cast) 489,615  20,644  893  511,152
 Expenditures for long-lived assets 11,706  411  0  12,117
2010           
 Net sales$511,305 $30,999 $1,759 $544,063
 Operating income (loss) for reportable segments 98,427  7,093  (77)  105,443
 Depreciation 9,150  555  31  9,736
 Segment assets (re-cast) 433,821  18,201  846  452,868
 Expenditures for long-lived assets 8,983  370  1  9,354

Operating income is comprised of revenue less related costs and expenses. Non-operating items primarily consist of general corporate expenses identified as not being a cost of operation, interest expense, interest income, and license fees from non-consolidated affiliates.

A reconciliation of total segment operating income to total consolidated income before taxes and equity in net income of associated companies for the years ended December 31, 2012, December 31, 2011 and December 31, 2010 is as follows:

    2012  2011  2010 
 Total operating income for reportable segments$126,971 $119,505 $105,443 
 Non-income tax contingency charge 0  0  (4,132) 
 CEO transition charges 0  0  (1,317) 
 Non-operating charges (59,983)  (58,689)  (50,744) 
 Depreciation of corporate assets and amortization (3,764)  (2,904)  (1,119) 
 Consolidated operating income 63,224  57,912  48,131 
 Interest expense (4,283)  (4,666)  (5,225) 
 Interest income 592  1,081  1,201 
 Other income, net 3,415  5,050  2,106 
 Consolidated income before taxes and equity in net          
  income of associated companies$62,948 $59,377 $46,213 

Net sales are attributed to geographic region based on the location of the originating seller. Net sales and long-lived assets by geographic area as of and for the years ended December 31, 2012, December 31, 2011 and December 31, 2010 are as follows:

 

   2012 2011 2010 
 Net sales         
 North America$310,127 $268,519 $190,623 
 Europe 169,323  178,695  148,426 
 Asia/Pacific 157,062  151,468  125,189 
 South America 66,238  79,181  75,169 
 South Africa 5,476  5,368  4,656 
 Consolidated$708,226 $683,231 $544,063 
            
   2012 2011 2010 
     (re-cast) (re-cast) 
 Long-lived assets         
 North America$88,857 $90,800 $85,821 
 Europe 22,299  19,215  24,793 
 Asia/Pacific 19,720  15,225  14,099 
 South America 5,276  6,577  6,998 
 South Africa 21  28  41 
 Consolidated$136,173 $131,845 $131,752