SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2011

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE K — SUBSEQUENT EVENTS

In June 2009, the Company acquired a 75% controlling interest in a privately held logistics business, which the Company has consolidated and reported within the Company’s operations other than ABF. In July 2011, the Company acquired the outstanding 25% equity interest in this logistics business for $4.1 million. For periods presented in the consolidated financial statements prior to the July 2011 transaction, the 25% noncontrolling interest in net assets of the subsidiary was reported within other long-term liabilities, and the noncontrolling interest in net income of the subsidiary was presented on a separate line in the consolidated statements of operations. These accounts will no longer be reported in the consolidated financial statements for periods subsequent to the July 2011 transaction.