Nature of Operations and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2011

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Inventory, Current

The components of inventory are as follows:

	December 31,
	2011		2010
Raw materials and supplies	$	64,832	$	35,565
Work in process	36,045		23,643
Finished goods	48,945		45,227
	$	149,822	$	104,435

Property, Plant and Equipment

The following table summarizes the components of property, plant and equipment:

		December 31,
Classification	Estimated Useful Life	2011			2010
Land and buildings	20-35 years	$	96,984		$	72,783
Machinery and equipment	3-12 years	79,173			69,572
Computer equipment, furniture and fixtures	3-7 years	16,043			10,912
Construction in process		8,175			8,800
		200,375			162,067
Less accumulated depreciation		(63,074		)	(45,909		)
Total property, plant and equipment, net		$	137,301		$	116,158

Schedule of Goodwill

The following table displays the gross carrying amount and accumulated amortization for finite-lived intangible assets and indefinite-lived intangible assets:

	Weighted Average Estimated Useful Life	December 31, 2011					December 31, 2010
		Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Finite-lived assets
Unpatented technology	9 years	$	18,113	$	(9,024	)	$	15,073	$	(7,275	)
Patents	10 years	9,080		(5,434		)	8,497		(4,304		)
Product names	14 years	5,638		(1,818		)	5,676		(1,285		)
Non-compete agreements	3 years	2,130		(2,130		)	2,130		(1,952		)
Customer relations	13 years	130,488		(48,840		)	127,062		(39,103		)
		$	165,449	$	(67,246	)	$	158,438	$	(53,919	)
Indefinite-lived intangible assets:
Goodwill		$	288,770				$	275,252
Trademarks and trade names		39,280					37,911
In-process research and development		3,070					3,070
		$	331,120				$	316,233

Schedule of Product Warranty Liability

The changes in the Company’s consolidated warranty reserve are as follows:

	Year Ended December 31,
	2011			2010			2009
Balance at beginning of period	$	12,101		$	8,764		$	8,636
Warranty expense	7,420			5,893			3,316
Warranty usage	(8,085		)	(3,827		)	(4,335		)
Acquired warranty reserves	1,745			1,271			1,147
Balance at end of period	$	13,181		$	12,101		$	8,764

Schedule of Accumulated Other Comprehensive Income (Loss)

Shareholders’ Equity: The Company reports comprehensive income in its consolidated statement of shareholders’ equity. The components of accumulated other comprehensive income (loss) are as follows:

	December 31,
	2011			2010
Foreign currency translation adjustments	$	12,635		$	14,938
Pension liability adjustments, net of taxes of ($2,633) and ($470) at December 31, 2011 and 2010, respectively	(9,642		)	(5,127		)
	$	2,993		$	9,811

Schedule of Earnings Per Share, Basic and Diluted

The following table presents calculations of income per share of common stock:

	Year Ended December 31,
	2011		2010		2009
Net income attributable to Chart Industries, Inc.	$	44,076	$	20,160	$	61,011
Net income attributable to Chart Industries, Inc. per common share — basic	$	1.51	$	0.71	$	2.14
Net income attributable to Chart Industries, Inc. per common share — diluted	$	1.47	$	0.69	$	2.11
Weighted average number of common shares outstanding — basic	29,165		28,534		28,457
Incremental shares issuable upon assumed conversion and exercise of stock options	748		721		524
Total shares — diluted	29,913		29,255		28,981