3. Plant shutdowns, asset impairments, restructurings and other charges are shown in the net sales and operating profit by segment table in Note 10, and unless otherwise noted below, are also included in "Asset impairments and costs associated with exit and disposal activities" in the consolidated statements of income.

Plant shutdowns, asset impairments, restructurings and other charges in the third quarter of 2012 include:

Net pretax charge of $0.7 million associated with the shutdown of the aluminum extrusions manufacturing facility in Kentland, Indiana, which includes accelerated depreciation for property, plant and equipment of $0.6 million (included in "Cost of goods sold" in the consolidated statements of income), severance and other employee related expenses of $0.2 million and other shutdown-related charges of $0.7 million, partially offset by adjustments to inventories accounted for under the last-in, first-out ("LIFO") method of $0.5 million (included in "Cost of goods sold" in the consolidated statements of income) and gains on the sale of equipment of $0.3 million (included in "Other income (expense), net" in the consolidated statements of income);
Pretax charges of $0.3 million for acquisition-related expenses (included in "Selling, general and administrative" expenses in the consolidated statement of income) associated with the acquisition of AACOA by Aluminum Extrusions; and
Pretax charges of $0.1 million for integration-related expenses and other non-recurring transactions (included in "Selling, general and administrative" expenses in the consolidated statements of income) associated with the acquisition of Terphane by Film Products.

Plant shutdowns, asset impairments, restructurings and other charges in the first nine months of 2012 include:

Net pretax charge of $2.7 million associated with the shutdown of the aluminum extrusions manufacturing facility in Kentland, Indiana, which includes accelerated depreciation for property, plant and equipment of $2.4 million (included in "Cost of goods sold" in the consolidated statements of income), severance and other employee related expenses of $1.2 million and other shutdown-related charges of $0.9 million, partially offset by adjustments to inventories accounted for under the LIFO method of $1.5 million (included in "Cost of goods sold" in the consolidated statements of income) and gains on the sale of equipment of $0.3 million (included in "Other income (expense), net" in the consolidated statements of income);
Pretax charges of $1.0 million for integration-related expenses and other non-recurring transactions (included in "Selling, general and administrative" expenses in the consolidated statements of income) associated with the acquisition of Terphane by Film Products;
Pretax loss of $0.8 million for asset impairments associated with a previously shutdown film products manufacturing facility in LaGrange, Georgia;
Pretax charges of $0.3 million for acquisition-related expenses (included in "Selling, general and administrative" expenses in the consolidated statement of income) associated with the acquisition of AACOA by Aluminum Extrusions; and
Pretax charges of $0.3 million for severance and other employee-related costs in connection with restructurings in Film Products ($71,000) and Aluminum Extrusions ($0.2 million).

Results in the third quarter and first nine months of 2012 include an unrealized gain from the write-up of an investment accounted for under the fair value method (included in "Other income (expense), net" in the consolidated statements of income) of $2.7 million ($1.7 million after taxes) and $9.0 million ($5.7 million after taxes), respectively. An unrealized loss (included in "Other income (expense), net" in the consolidated statements of income and "Corporate expenses, net" in the statement of net sales and operating profit by segment) on our investment in Harbinger Capital Partners Special Situations Fund, L.P. ("Harbinger") of $1.1 million ($0.7 million after tax) was recorded in the first quarter of 2012 as a result of a reduction in the fair value of our investment that is not expected to be temporary. See Note 7 for additional information on investments.

Plant shutdowns, asset impairments, restructurings and other items in the third quarter of 2011 include:

Pretax charges of $2.3 million for acquisition-related expenses (included in "Selling, general and administrative" expenses in the consolidated statements of income) associated with the acquisition of Terphane by Film Products;
Pretax gain of $1.0 million on the divestiture of our film products business in Roccamontepiano, Italy (included in "Other income (expenses), net" in the consolidated statements of income), which includes the recognition of previously unrealized foreign currency translation gains of $4.3 million that were associated with the business;
Pretax charges of $0.2 million for severance and other employee-related costs in connection with restructurings in Film Products; and
Pretax losses of $43,000 for timing differences between the recognition of realized losses on aluminum futures contracts and related revenues from the delayed fulfillment by customers of fixed-price forward purchase commitments (included in "Cost of goods sold" in the consolidated statements of income).

Plant shutdowns, asset impairments, restructurings and other items in the first nine months of 2011 include:

Pretax charges of $2.3 million for acquisition-related expenses (included in "Selling, general and administrative" expenses in the consolidated statements of income) associated with the acquisition of Terphane by Film Products;
Pretax gain of $1.0 million on the divestiture of our film products business in Roccamontepiano, Italy (included in "Other income (expenses), net" in the consolidated statements of income), which includes the recognition of previously unrealized foreign currency translation gains of $4.3 million that were associated with the business;
Pretax charges of $0.8 million for asset impairments in Film Products;
Pretax charges of $0.5 million for severance and other employee-related costs in connection with restructurings in Film Products; and
Pretax gains of $19,000 for timing differences between the recognition of realized losses on aluminum futures contracts and related revenues from the delayed fulfillment by customers of fixed-price forward purchase commitments (included in "Cost of goods sold" in the consolidated statements of income).

On February 12, 2008, we sold our aluminum extrusions business in Canada for approximately $25.0 million to an affiliate of H.I.G. Capital. All historical results for this business have been reflected as discontinued operations; however, cash flows for discontinued operations have not been separately disclosed in the consolidated statements of cash flows. Accruals of $11.9 million ($11.9 million net of tax) were made for indemnifications under the purchase agreement related to environmental matters in 2012 ($7.1 million in the third quarter of 2012). Accruals of $4.4 million ($4.4 million after tax) were made in 2011 (none in the third quarter of 2011) for indemnifications under the purchase agreement related to environmental matters.

A reconciliation of the beginning and ending balances of accrued expenses associated with asset impairments and exit and disposal activities for the nine months ended September 30, 2012 is as follows:


					Long-Lived
					Asset
(In Thousands)		Severance			Impairments			Other			Total
Balance at December 31, 2011	$	197		$	-		$	-		$	197
Changes in 2012:
Charges		1,433			834			832			3,099
Cash spent		(1,113	)		-			(832	)		(1,945	)
Charged against assets		-			(834	)		-			(834	)
Reversed to income		(46	)		-			-			(46	)
Balance at September 30, 2012	$	471		$	-		$	-		$	471