Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Earnings (Loss) From Continuing Operations Before Income Taxes

Following is a summary of earnings from continuing operations before income taxes for United States and foreign operations:

	2012		2011	2010
United States	$	164,122	78,224	39,332
Foreign	140,370		121,650	153,316
Earnings before income taxes	$	304,492	199,874	192,648

Income Tax Expense (Benefit)

Income tax expense (benefit) for the years ended December 31, 2012, 2011 and 2010 consists of the following:

	2012			2011		2010
Current income taxes:
U.S. federal	$	26,204		13,957		14,052
State and local	4,583			5,118		1,514
Foreign	13,775			7,190		8,426
Total current	44,562			26,265		23,992
Deferred income taxes:
U.S. federal	31,106			8,994		(8,578	)
State and local	4,704			(3,488	)	18,562
Foreign	(26,773		)	(10,122	)	(31,263	)
Total deferred	9,037			(4,616	)	(21,279	)
Total	$	53,599		21,649		2,713

Reconciliation Of Income Tax Expense (Benefit)

Income tax expense (benefit) attributable to earnings before income taxes differs from the amounts computed by applying the U.S. statutory federal income tax rate to earnings before income taxes as follows:

	2012			2011		2010
Income taxes at statutory rate	$	106,572		69,956		67,427
State and local income taxes, net of federal income tax benefit	6,004			2,821		2,358
Foreign income taxes	(66,538		)	(45,112	)	(21,389	)
Change in valuation allowance	5,703			(2,052	)	(17,139	)
Tax contingencies and audit settlements	(3,598		)	(5,911	)	(3,447	)
Acquisition related tax contingencies	—			—		(30,162	)
Change in statutory tax rate	—			—		(49	)
Other, net	5,456			1,947		5,114
	$	53,599		21,649		2,713

Deferred Tax Assets And Deferred Tax Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of December 31, 2012 and 2011 are presented below:

	2012			2011
Deferred tax assets:
Accounts receivable	$	12,289		10,031
Inventories	38,801			39,227
Accrued expenses and other	97,808			90,171
Deductible state tax and interest benefit	13,119			17,224
Intangibles	113,282			136,891
Federal, foreign and state net operating losses and credits	247,786			273,509
Gross deferred tax assets	523,085			567,053
Valuation allowance	(321,585		)	(334,215	)
Net deferred tax assets	201,500			232,838
Deferred tax liabilities:
Inventories	(8,106		)	(5,270	)
Plant and equipment	(277,324		)	(294,960	)
Intangibles	(128,433		)	(137,888	)
Other liabilities	(7,854		)	(6,401	)
Gross deferred tax liabilities	(421,717		)	(444,519	)
Net deferred tax liability (1)	$	(220,217	)	(211,681	)

(1) This amount includes $4,317 and $1,822 of non-current deferred tax assets which are in deferred income taxes and other non-current assets and $6,309 and $8,760 current deferred tax liabilities which are included in accounts payable and accrued expenses in the consolidated balance sheets as of December 31, 2012 and 2011, respectively.

Reconciliation Of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	2012			2011
Balance as of January 1	$	46,087		49,943
Additions based on tax positions related to the current year	3,142			306
Additions for tax positions of prior years	17,006			7,907
Reductions for tax positions of prior years	(3,571		)	(926	)
Reductions resulting from the lapse of the statute of limitations	(1,764		)	(1,391	)
Settlements with taxing authorities	(7,065		)	(9,752	)
Balance as of December 31	$	53,835		46,087