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Equity
9 Months Ended 12 Months Ended
Sep. 30, 2012
Dec. 31, 2011
Equity    
Equity

6.                                      Equity

 

The following tables represent changes in equity attributable to our shareholders and non controlling interests for the nine months ended September 30, 2012 and 2011.

 

(In thousands)

 

Additional
Paid-in
Capital

 

Accumulated
Deficit

 

Accumulated
Other
Comprehensive
Loss

 

Non controlling
Interests

 

Total
Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2011

 

$

214,294

 

$

(109,666

$

(11,827

$

386

 

$

93,187

 

Net income (loss)

 

 

(22,590

)

 

568

 

(22,022

)

Unrealized gain on cash flow hedge, net of tax of $1,868

 

 

 

2,887

 

 

2,887

 

Cash distributions to non controlling interests

 

 

 

 

(571

)

(571

)

Balance at September 30, 2012

 

$

214,294

 

$

(132,256

)

$

(8,940

)

$

383

 

$

73,481

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

 

Additional
Paid-in
Capital

 

Accumulated
Deficit

 

Accumulated
Other
Comprehensive
Loss

 

Non controlling
Interests

 

Total
Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2010

 

$

248,794

 

$

(87,276

)

$

(14,779

)

$

 

$

146,739

 

Consolidation of Emergent Group non controlling interest

 

 

 

 

379

 

379

 

Net income (loss)

 

 

(14,341

)

 

297

 

(14,044

)

Dividend declared

 

(34,500

)

 

 

 

(34,500

)

Unrealized gain on cash flow hedge, net of tax of $2,044

 

 

 

5,254

 

 

5,254

 

Cash distributions to non controlling interests

 

 

 

 

(291

)

(291

)

Contributions from new members to non controlling interests

 

 

 

 

 

 

 

7

 

7

 

Balance at September 30, 2011

 

$

214,294

 

$

(101,617

)

$

(9,525

)

$

392

 

$

103,544

 

10. Shareholder's Equity

Common Stock

        The Company has authorized and issued 1,000 shares of common stock with a par value of $0.01 per share.

Accumulated Other Comprehensive Loss

 
  December 31,
2011
  December 31,
2010
 

Unrealized loss on minimum pension liability adjustment, net of tax

  $ (8,940 ) $ (4,804 )

Unrealized loss on cash flow hedge, net of tax

    (2,887 )   (9,975 )
           

Accumulated Other Comprehensive Loss

  $ (11,827 ) $ (14,779 )