XML 34 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Correction of Errors in Previously Reported Financial Statements, (Details 2) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Current assets:        
Cash and cash equivalents $ 24,116 [1] $ 26,808 [1] $ 27,669 [1] $ 19,441 [1]
Accounts receivable, net 204,419 [1] 189,772 [1] 147,255 [1]  
Inventories 144,310 [1] 105,284 [1]    
Prepaid expenses 15,220 [1] 12,992 [1]    
Deferred income taxes 4,099 [1] 5,533 [1]    
Income tax receivable 8,215 [1] 8,474 [1]    
Other 6,096 [1] 6,211 [1]    
Total current assets 406,475 [1] 355,074 [1]    
Property, plant, equipment, and mineral rights and reserves:        
Land 12,103 [1] 10,875 [1]    
Mineral rights 52,482 [1] 65,018 [1]    
Depreciable assets 484,753 [1] 452,647 [1]    
Gross property, plant and equipment 549,338 [1] 528,540 [1]    
Less: accumulated depreciation and depletion 275,770 [1] 256,860 [1]    
Net property, plant and equipment 273,568 [1] 271,680 [1] 248,351 [1]  
Goodwill 69,509 [1] 70,909 [1] 71,156  
Intangible assets, net 36,871 [1] 41,869 [1]    
Investment in and advances to affiliates and joint ventures 26,407 [1] 20,904 [1]    
Available-for-sale securities 3,802 [1] 14,168 [1]    
Deferred income taxes 8,098 [1] 9,147 [1]    
Other assets 24,412 [1] 23,504 [1]    
Total noncurrent assets 442,667 [1] 452,181 [1]    
Total Assets 849,142 [1] 807,255 [1] 746,835 [1]  
Current liabilities:        
Accounts payable 56,451 [1] 51,394 [1]    
Accrued income taxes 2,296 [1] 5,308 [1]    
Accrued liabilities 59,252 [1] 55,786 [1]    
Total current liabilities 117,999 [1] 112,488 [1]    
Noncurrent liabilities:        
Long-term debt 260,670 [1] 235,668 [1]    
Pension liabilities 34,840 [1] 21,338 [1]    
Deferred compensation 8,927 [1] 9,006 [1]    
Deferred income taxes 12,672 [1] 16,254 [1]    
Other long-term liabilities 19,148 [1] 18,442 [1]    
Total noncurrent liabilities 336,257 [1] 300,708 [1]    
Shareholders' Equity:        
Common stock 320 [1] 320 [1]    
Additional paid in capital 94,316 [1] 95,074 [1]    
Retained earnings 314,278 [1] 278,519 [1]    
Accumulated other comprehensive income (loss) (14,719) [1] 28,740 [1]    
Less: Treasury stock 3,426 [1] 8,945 [1]    
Total AMCOL shareholders' equity 390,769 [1] 393,708 [1]    
Noncontrolling interest 4,117 [1] 351 [1]    
Total equity 394,886 [1] 394,059 [1] 375,539 [1] 328,355
Total Liabilities and Shareholders' Equity 849,142 [1] 807,255 [1]    
Previously reported [Member]
       
Current assets:        
Cash and cash equivalents 23,700 27,300 27,700  
Accounts receivable, net 206,800 194,000    
Inventories 146,600 107,500    
Prepaid expenses 15,700 12,600    
Deferred income taxes 5,900 5,500    
Income tax receivable 6,900 8,500    
Other 6,700 6,200    
Total current assets 412,300 361,600    
Property, plant, equipment, and mineral rights and reserves:        
Land 13,900 11,600    
Mineral rights 41,900 51,400    
Depreciable assets 482,300 454,400    
Gross property, plant and equipment 538,100 517,400    
Less: accumulated depreciation and depletion 275,500 256,900    
Net property, plant and equipment 262,600 260,500    
Goodwill 69,500 70,900    
Intangible assets, net 36,600 42,600    
Investment in and advances to affiliates and joint ventures 26,400 19,000    
Available-for-sale securities 3,800 14,200    
Deferred income taxes 7,800 7,600    
Other assets 23,700 22,700    
Total noncurrent assets 430,400 437,500    
Total Assets 842,700 799,100    
Current liabilities:        
Accounts payable 56,400 53,200    
Accrued income taxes 2,700 4,100    
Accrued liabilities 59,000 55,200    
Total current liabilities 118,100 112,500    
Noncurrent liabilities:        
Long-term debt 260,700 236,200    
Pension liabilities 34,800 21,300    
Deferred compensation 8,900 8,700    
Deferred income taxes 800 400    
Other long-term liabilities 19,200 19,600    
Total noncurrent liabilities 324,400 286,200    
Shareholders' Equity:        
Common stock 300 300    
Additional paid in capital 94,500 95,100    
Retained earnings 319,600 283,200    
Accumulated other comprehensive income (loss) (15,000) 28,900    
Less: Treasury stock 3,400 8,900    
Total AMCOL shareholders' equity 396,000 398,600    
Noncontrolling interest 4,200 1,800    
Total equity 400,200 400,400    
Total Liabilities and Shareholders' Equity 842,700 799,100    
Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 400 (500) 0  
Accounts receivable, net (2,400) (4,200)    
Inventories (2,300) (2,200)    
Prepaid expenses (500) 400    
Deferred income taxes (1,800)      
Income tax receivable 1,300      
Other (500)      
Total current assets (5,800) (6,500)    
Property, plant, equipment, and mineral rights and reserves:        
Land (1,800) (700)    
Mineral rights 10,600 13,600    
Depreciable assets 2,400 (1,800)    
Gross property, plant and equipment 11,200 11,100    
Less: accumulated depreciation and depletion 300 0    
Net property, plant and equipment 10,900 11,100    
Intangible assets, net 300 (700)    
Investment in and advances to affiliates and joint ventures   1,900    
Deferred income taxes 300 1,600    
Other assets 700 800    
Total noncurrent assets 12,200 14,700    
Total Assets 6,400 8,200    
Current liabilities:        
Accounts payable 100 (1,800)    
Accrued income taxes (400) 1,200    
Accrued liabilities 200 600    
Total current liabilities (100) 0    
Noncurrent liabilities:        
Long-term debt   (500)    
Deferred compensation   300    
Deferred income taxes 11,900 15,900    
Other long-term liabilities (100) (1,100)    
Total noncurrent liabilities 11,800 14,600    
Shareholders' Equity:        
Additional paid in capital (200)      
Retained earnings (5,300) (4,700)    
Accumulated other comprehensive income (loss) 300 (200)    
Total AMCOL shareholders' equity (5,200) (4,900)    
Noncontrolling interest (100) (1,500)    
Total equity (5,300) (6,400)    
Total Liabilities and Shareholders' Equity 6,400 8,200    
Tax [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Deferred income taxes (1,800)      
Income tax receivable 1,300      
Total current assets (500) 0    
Property, plant, equipment, and mineral rights and reserves:        
Gross property, plant and equipment 0 0    
Net property, plant and equipment 0 0    
Deferred income taxes (400)      
Total noncurrent assets (400) 0    
Total Assets (900) 0    
Current liabilities:        
Accounts payable 0      
Accrued income taxes 0 1,500    
Total current liabilities 0 1,500    
Noncurrent liabilities:        
Deferred income taxes (800) 100    
Total noncurrent liabilities (800) 100    
Shareholders' Equity:        
Retained earnings (100) (1,600)    
Total AMCOL shareholders' equity (100) (1,600)    
Total equity (100) (1,600)    
Total Liabilities and Shareholders' Equity (900) 0    
Other [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 400 (500)    
Accounts receivable, net 800 (2,400)    
Inventories (700) (1,200)    
Prepaid expenses (500) 400    
Deferred income taxes 0 0    
Income tax receivable 0 0    
Other (500) 0    
Total current assets (500) (3,700)    
Property, plant, equipment, and mineral rights and reserves:        
Land (1,800) (700)    
Mineral rights 0 0    
Depreciable assets 2,400 (1,800)    
Gross property, plant and equipment 600 (2,500)    
Less: accumulated depreciation and depletion 300 0    
Net property, plant and equipment 300 (2,500)    
Intangible assets, net 300 (700)    
Investment in and advances to affiliates and joint ventures 0 1,900    
Available-for-sale securities 0 0    
Deferred income taxes 0 0    
Other assets 0 300    
Total noncurrent assets 600 (1,000)    
Total Assets 100 (4,700)    
Current liabilities:        
Accounts payable 100 (1,100)    
Accrued income taxes (100) (200)    
Accrued liabilities 600 200    
Total current liabilities 600 (1,100)    
Noncurrent liabilities:        
Long-term debt 0 (500)    
Pension liabilities 0 0    
Deferred compensation 0 300    
Deferred income taxes 100 0    
Other long-term liabilities (100) (1,100)    
Total noncurrent liabilities 0 (1,300)    
Shareholders' Equity:        
Common stock 0 0    
Additional paid in capital 0 0    
Retained earnings (400) (900)    
Accumulated other comprehensive income (loss) (100) (100)    
Less: Treasury stock 0 0    
Total AMCOL shareholders' equity (500) (1,000)    
Noncontrolling interest 0 (1,300)    
Total equity (500) (2,300)    
Total Liabilities and Shareholders' Equity 100 (4,700)    
Spain [Member]
       
Property, plant, equipment, and mineral rights and reserves:        
Less: accumulated depreciation and depletion   0    
Spain [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Accounts receivable, net (1,600) (400)    
Inventories (1,800) (1,000)    
Total current assets (3,400) (1,400)    
Property, plant, equipment, and mineral rights and reserves:        
Gross property, plant and equipment 0 0    
Net property, plant and equipment 0 0    
Total noncurrent assets 0 0    
Total Assets (3,400) (1,400)    
Current liabilities:        
Accounts payable 0 0    
Accrued income taxes (300) (100)    
Accrued liabilities (800) 100    
Total current liabilities (1,100) 0    
Noncurrent liabilities:        
Total noncurrent liabilities 0      
Shareholders' Equity:        
Retained earnings (2,500) (1,400)    
Accumulated other comprehensive income (loss) 200      
Total AMCOL shareholders' equity (2,300) (1,400)    
Total equity (2,300) (1,400)    
Total Liabilities and Shareholders' Equity (3,400) (1,400)    
Poland [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Accounts receivable, net (900) (300)    
Total current assets (900) (300)    
Property, plant, equipment, and mineral rights and reserves:        
Gross property, plant and equipment 0 0    
Net property, plant and equipment 0 0    
Total noncurrent assets 0 0    
Total Assets (900) (300)    
Current liabilities:        
Accounts payable 0      
Accrued liabilities 700 300    
Total current liabilities 700 300    
Noncurrent liabilities:        
Total noncurrent liabilities 0 0    
Shareholders' Equity:        
Retained earnings (1,800) (600)    
Accumulated other comprehensive income (loss) 200      
Total AMCOL shareholders' equity (1,600) (600)    
Total equity (1,600) (600)    
Total Liabilities and Shareholders' Equity (900) (300)    
South Africa [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Inventories 200      
Total current assets 200 0    
Property, plant, equipment, and mineral rights and reserves:        
Mineral rights 10,600 13,600    
Gross property, plant and equipment 10,600 13,600    
Net property, plant and equipment 10,600 13,600    
Deferred income taxes 700 1,600    
Total noncurrent assets 11,300 15,200    
Total Assets 11,500 15,200    
Current liabilities:        
Accounts payable 0 0    
Total current liabilities 0 0    
Noncurrent liabilities:        
Deferred income taxes 12,600 15,800    
Total noncurrent liabilities 12,600 15,800    
Shareholders' Equity:        
Additional paid in capital (200)      
Retained earnings (800) (300)    
Accumulated other comprehensive income (loss)   (100)    
Total AMCOL shareholders' equity (1,000) (400)    
Noncontrolling interest (100) (200)    
Total equity (1,100) (600)    
Total Liabilities and Shareholders' Equity 11,500 15,200    
Malaysia [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Accounts receivable, net (700) (1,100)    
Total current assets (700) (1,100)    
Property, plant, equipment, and mineral rights and reserves:        
Gross property, plant and equipment 0 0    
Net property, plant and equipment 0 0    
Other assets 700 500    
Total noncurrent assets 700 500    
Total Assets 0 (600)    
Current liabilities:        
Accounts payable 0 0    
Accrued income taxes   (200)    
Accrued liabilities (300)      
Total current liabilities (300) (200)    
Noncurrent liabilities:        
Deferred income taxes 0      
Total noncurrent liabilities 0 0    
Shareholders' Equity:        
Retained earnings 300 (400)    
Total AMCOL shareholders' equity 300 (400)    
Total equity 300 (400)    
Total Liabilities and Shareholders' Equity 0 (600)    
Dong Ming [Member] | Adjustments [Member]
       
Current assets:        
Cash and cash equivalents 0 0    
Total current assets 0 0    
Property, plant, equipment, and mineral rights and reserves:        
Gross property, plant and equipment 0 0    
Net property, plant and equipment 0 0    
Total noncurrent assets 0 0    
Total Assets 0 0    
Current liabilities:        
Accounts payable 0 (700)    
Accrued income taxes   200    
Total current liabilities 0 (500)    
Noncurrent liabilities:        
Total noncurrent liabilities 0 0    
Shareholders' Equity:        
Retained earnings 0 500    
Total AMCOL shareholders' equity 0 500    
Total equity 0 500    
Total Liabilities and Shareholders' Equity $ 0 $ 0    
[1] Restated