-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
QbZO0QlABbegEphfWseOdVP9o4Hf5xMRNnyHecZQy9hs5i/YuwPcjUimHy8FBWee
LSjPyEiaQ28fEYwOvIAyOg==
0001174947-11-000080.txt : 20110223
0001174947-11-000080.hdr.sgml : 20110223
20110223172158
ACCESSION NUMBER: 0001174947-11-000080
CONFORMED SUBMISSION TYPE: 10-K/A
PUBLIC DOCUMENT COUNT: 13
CONFORMED PERIOD OF REPORT: 20101231
FILED AS OF DATE: 20110223
DATE AS OF CHANGE: 20110223
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: STURM RUGER & CO INC
CENTRAL INDEX KEY: 0000095029
STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480]
IRS NUMBER: 060633559
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 10-K/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10435
FILM NUMBER: 11633147
BUSINESS ADDRESS:
STREET 1: 1 LACEY PLACE
CITY: SOUTHPORT
STATE: CT
ZIP: 06490
BUSINESS PHONE: 2032597843
MAIL ADDRESS:
STREET 2: 1 LACEY PLACE
CITY: SOUTHPORT
STATE: CT
ZIP: 06490
10-K/A
1
d27924.htm
10-K/A
Unassociated Document
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
FOR ANNUAL AND TRANSITION REPORTS
PURSUANT TO SECTION 13 OR 15(d) THE SECURITIES EXCHANGE ACT OF 1934
(Mark One)
ü
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the fiscal year ended December 31, 2010
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from ____________ to ___________
Commission File Number 0-4776
STURM, RUGER & COMPANY, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of
Incorporation or Organization)
06-0633559
(I.R.S. Employer
Identification No.)
Lacey Place, Southport, Connecticut
(Address of Principal Executive Offices)
06890
(Zip Code)
(203) 259-7843
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Common Stock, $1 par value
Name of Each Exchange on Which Registered
New York Stock Exchange
Securities registered pursuant to Section 12(g) of the Act:
None
(Title of Class)
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YES NO ü
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YES NO ü
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. YES ü NO
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K [ ü ].
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. Large accelerated filer [ ] Accelerated filer [ ü ] Non-accelerated filer [ ] Smaller reporting company [ ].
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES NO ü
The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of June 30, 2010:
Common Stock, $1 par value - $270,565,000
The number of shares outstanding of the registrant’s common stock as of February 18, 2011:
Common Stock, $1 par value - 18,703,900 shares
DOCUMENTS INCORPORATED BY REFERENCE.
Portions of the registrant’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders to be held April 26, 2011 are incorporated by reference into Part III (Items 10 through 14) of this Report.
In this Annual Report on Form 10-K, Sturm, Ruger & Company, Inc. (the “Company”) makes forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish re
vised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for the year ended December 31, 2010 were from the firearms segment, and approximately 1% was from investment castings. Export sales represent less than 6% of firearms sales. The Company’s design and manufacturing operations are located in the United States and most product content is domestic.
The Company has been in business since 1949 and was incorporated in its present form under the laws of Delaware in 1969. The Company offers products in four industry product categories – rifles, shotguns, pistols, and revolvers. The Company’s firearms are sold through independent wholesale distributors, principally to the commercial sporting market.
The Company manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers’ representatives, represented approximately 1% of the Company’s total sales for the year ended December 31, 2010.
For the years ended December 31, 2010, 2009, and 2008, net sales attributable to the Company’s firearms operations were approximately $251.7 million, $266.6 million and $174.4 million or approximately 99%, 98%, and 96%, respectively, of total net sales. The balance of the Company’s net sales for the aforementioned periods was attributable to its investment castings operations.
Firearms Products
The Company presently manufactures firearm products, under the “Ruger” name and trademark, in the following industry categories:
Rifles
Shotguns
●
Single-shot
●
Over and Under
●
Autoloading
●
Bolt-action
●
Modern sporting
Pistols
Revolvers
●
Rimfire autoloading
●
Single-action
●
Centerfire autoloading
●
Double-action
Most firearms are available in several models based upon caliber, finish, barrel length, and other features.
Rifles
A rifle is a long gun with spiral grooves cut into the interior of the barrel to give the bullet a stabilizing spin after it leaves the barrel. Sales of rifles by the Company accounted for approximately $63.5 million, $102.2 million, and $69.4 million, of revenues for the years 2010, 2009 and 2008, respectively.
4
Shotguns
A shotgun is a long gun with a smooth barrel interior which fires lead or steel pellets. Sales of shotguns by the Company accounted for approximately $1.4 million, $1.2 million, and $1.5 million of revenues for the years 2010, 2009 and 2008, respectively.
Pistols
A pistol is a handgun in which the ammunition chamber is an integral part of the barrel and which typically is fed ammunition from a magazine contained in the grip. Sales of pistols by the Company accounted for approximately $108.1 million, $87.5 million, and $52.5 million of revenues for the years 2010, 2009 and 2008, respectively.
Revolvers
A revolver is a handgun that has a cylinder that holds the ammunition in a series of chambers which are successively aligned with the barrel of the gun during each firing cycle. There are two general types of revolvers, single-action and double-action. To fire a single-action revolver, the hammer is pulled back to cock the gun and align the cylinder before the trigger is pulled. To fire a double-action revolver, a single trigger pull advances the cylinder and cocks and releases the hammer. Sales of revolvers by the Company accounted for approximately $67.1 million, $58.3 million, and $41.0 million of revenues for the years 2010, 2009, and 2008, respectively.
Accessories
The Company also manufactures and sells accessories and replacement parts for its firearms. These sales accounted for approximately $11.5 million, $17.4 million, and $9.9 million of revenues for the years 2010, 2009 and 2008, respectively.
Investment Casting Products
Net sales attributable to the Company’s investment casting operations (excluding intercompany transactions) accounted for approximately $3.5 million, $4.4 million, and $7.1 million, or approximately 1%, 2%, and 4% of the Company’s total net sales for 2010, 2009, and 2008, respectively.
Manufacturing
Firearms
The Company produces one model of pistol and all of its rifles, shotguns, and revolvers at the Newport, New Hampshire facility. All other pistols are produced at the Prescott, Arizona facility.
Many of the basic metal component parts of the firearms manufactured by the Company are produced by the Company’s castings facility through a process known as precision investment casting. See “Manufacturing-Investment Castings” for a description of the investment casting process. The Company initiated the use of this process in the production of component parts for firearms in 1953. The Company believes that the investment casting process provides greater design flexibility and results in component parts which are generally close to their ultimate shape and, therefore, require less machining than processes requiring machining a solid billet of metal to obtain a part. Through the use of investment castings, the Company endeavors to produce durable and less costly component parts for its firearms.
5
All assembly, inspection, and testing of firearms manufactured by the Company are performed at the Company’s manufacturing facilities. Every firearm, including every chamber of every revolver manufactured by the Company, is test-fired prior to shipment.
Investment Castings
To produce a product by the investment casting method, a wax model of the part is created and coated (“invested”) with several layers of ceramic material. The shell is then heated to melt the interior wax which is poured off, leaving a hollow mold. To cast the desired part, molten metal is poured into the mold and allowed to cool and solidify. The mold is then broken off to reveal a near net shape cast metal part.
Marketing and Distribution
Firearms
The Company’s firearms are primarily marketed through a network of selected Federally licensed, independent wholesale distributors who purchase the products directly from the Company. They resell to Federally licensed retail firearms dealers who in turn resell to legally authorized end users. All retail purchasers are subject to a point-of-sale background check by law enforcement. These end users include sportsmen, hunters, people interested in self-defense, law enforcement and other governmental organizations, and gun collectors. Each distributor carries the entire line of firearms manufactured by the Company for the commercial market. Currently, 14 distributors service the domestic commercial market, with an additional 21 distributors servicing the domestic law enforcement market and two distributors servicing the Canadian mark
et.
In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11% and Sports South-11%. In 2009, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-11%; Lipsey’s-11%; Sports South-11% and Big Rock-10%. In 2008, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-17%; Lipsey’s-12%; Sports South-11% and Davidson’s-10%.
The Company employs eight employees and one independent contractor who service these distributors and call on retailers and law enforcement agencies. Because the ultimate demand for the Company’s firearms comes from end users rather than from the independent wholesale distributors, the Company believes that the loss of any distributor would not have a material, long-term adverse effect on the Company, but may have a material impact on the Company’s financial results for a particular period. The Company considers its relationships with its distributors to be satisfactory.
The Company also exports its firearms through a network of selected commercial distributors and directly to certain foreign customers, consisting primarily of law enforcement agencies and foreign governments. Foreign sales were less than 6% of the Company’s consolidated net sales for each of the past three fiscal years.
As of February 1, 2011, the order backlog was approximately $59 million. As of February 1, 2010, order backlog was approximately $70 million.
The Company does not consider its overall firearms business to be predictably seasonal; however, orders of many models of firearms from the distributors tend to be stronger in the first quarter of the year and
6
weaker in the third quarter of the year. This is due in part to the timing of the distributor show season, which occurs during the first quarter.
Investment Castings
The investment casting segment’s principal markets are commercial, sporting goods, and military. The Company produces various products for a number of customers in a variety of industries, including approximately 20 firearms and firearms component manufacturers. The investment castings segment provides castings for the Company’s firearms segment.
Competition
Firearms
Competition in the firearms industry is intense and comes from both foreign and domestic manufacturers. While some of these competitors concentrate on a single industry product category such as rifles or pistols, several competitors manufacture products in the same four industry categories as the Company (rifles, shotguns, pistols, and revolvers). Some of these competitors are subsidiaries of larger corporations than the Company with substantially greater financial resources than the Company, which could affect the Company’s ability to compete. The principal methods of competition in the industry are product innovation, quality, availability, and price. The Company believes that it can compete effectively with all of its present competitors.
Investment Castings
There are a large number of investment castings manufacturers, both domestic and foreign, with which the Company competes. Competition varies based on the type of investment castings products and the end use of the product (commercial, sporting goods, or military). Companies offering alternative methods of manufacturing such as metal injection molding (MIM), wire electric discharge machining (EDM) and advancements in computer numeric controlled (CNC) machining also compete with us to provide our customers with products. Many of these competitors are larger corporations than the Company with substantially greater financial resources than the Company, which could affect the Company’s ability to compete with these competitors. The principal methods of competition in the industry are quality, price, and production lead time. The Comp
any believes that it can compete effectively with its present domestic competitors. However, it is unknown if the Company can compete with foreign competitors in the long term.
Employees
As of February 1, 2011, the Company employed approximately 1,160 full-time employees of which approximately 53% had at least ten years of service with the Company. The Company uses temporary employees to supplement its workforce.
None of the Company’s employees are subject to a collective bargaining agreement.
Research and Development
In 2010, 2009, and 2008, the Company spent approximately $3.2 million, $2.0 million, and $1.5 million, respectively, on research activities relating to the development of new products and the improvement of existing products. As of February 1, 2011, the Company had approximately 27 employees whose primary responsibilities were research and development activities.
7
Patents and Trademarks
The Company owns various United States and foreign patents and trademarks which have been secured over a period of years and which expire at various times. It is the policy of the Company to apply for patents and trademarks whenever new products or processes deemed commercially valuable are developed or marketed by the Company. However, none of these patents and trademarks are considered to be fundamental to any important product or manufacturing process of the Company and, although the Company deems its patents and trademarks to be of value, it does not consider its business materially dependent on patent or trademark protection.
Environmental Matters
The Company is committed to achieving high standards of environmental quality and product safety, and strives to provide a safe and healthy workplace for its employees and others in the communities in which it operates. The Company has programs in place that monitor compliance with various environmental regulations. However, in the normal course of its manufacturing operations the Company is subject to occasional governmental proceedings and orders pertaining to waste disposal, air emissions, and water discharges into the environment. These regulations are integrated into the Company’s manufacturing, assembly, and testing processes. The Company believes that it is generally in compliance with applicable environmental regulations and the outcome of any environmental proceedings and orders will not have a material effect on the fin
ancial position of the Company, but could have a material impact on the financial results for a particular period.
Executive Officers of the Company
Set forth below are the names, ages, and positions of the executive officers of the Company. Officers serve at the discretion of the Board of Directors of the Company.
Name
Age
Position With Company
Michael O. Fifer
53
President and Chief Executive Officer
Thomas A. Dineen
42
Vice President, Treasurer and Chief Financial Officer
Christopher J. Killoy
52
Vice President of Sales and Marketing
Mark T. Lang
54
Group Vice President
Thomas P. Sullivan
50
Vice President of Newport Operations
Kevin B. Reid, Sr.
50
Vice President and General Counsel
Stephen M. Maynard
56
Vice President of Lean Business Development
Leslie M. Gasper
57
Corporate Secretary
Michael O. Fifer joined the Company as Chief Executive Officer on September 25, 2006, was named to the Board of Directors on October 19, 2006, and was named President on April 23, 2008. Prior to
8
joining the Company, Mr. Fifer was President of the Engineered Products Division of Mueller Industries, Inc. Prior to joining Mueller Industries, Inc., Mr. Fifer was President, North American Operations, Watts Water Technologies.
Thomas A. Dineen became Vice President on May 24, 2006. Previously he served as Treasurer and Chief Financial Officer since May 6, 2003 and had been Assistant Controller since 2001. Prior to that, Mr. Dineen had served as Manager, Corporate Accounting since 1997.
Christopher J. Killoy rejoined the Company as Vice President of Sales and Marketing on November 27, 2006. Mr. Killoy originally joined the Company in 2003 as Executive Director of Sales and Marketing, and subsequently served as Vice President of Sales and Marketing from November 1, 2004 to January 25, 2005.
Mark T. Lang joined the Company as Group Vice President on February 18, 2008. Mr. Lang is responsible for management of the Prescott Firearms Division and the Company’s acquisition efforts. Prior to joining the Company, Mr. Lang was President of the Custom Products Business at Mueller Industries, Inc. Prior to joining Mueller, Mr. Lang was the Vice President of Operations for the Automotive Division of Thomas and Betts, Inc.
Thomas P. Sullivan joined the Company as Vice President of Newport Operations for the Newport, New Hampshire Firearms and Pine Tree Castings divisions on August 14, 2006. Prior to joining the Company, Mr. Sullivan was Vice President of Lean Enterprises at IMI Norgren Ltd.
Kevin B. Reid, Sr. was elected by the Board as Vice President and General Counsel on April 23, 2008. Prior thereto, Mr. Reid served as the Company’s Director of Marketing from June 4, 2007. Mr. Reid joined the Company in July 2001 as an Assistant General Counsel.
Steven M. Maynard joined the Company as Vice President of Lean Business Development on April 24, 2007. Prior to joining the Company, Mr. Maynard served as Vice President of Engineering and CIO at the Wiremold Company.
Leslie M. Gasper has been Secretary of the Company since 1994. Prior to this, Ms. Gasper was the Administrator of the Company’s pension plans, a position she held for more than five years prior thereto.
Where You Can Find More Information
The Company is a reporting company and is therefore subject to the informational requirements of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), and accordingly files its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Definitive Proxy Statements, Current Reports on Form 8-K, and other information with the Securities and Exchange Commission (the “SEC”). The public may read and copy any materials filed with the SEC at the SEC’s Public Reference Room at 100 F Street NE, Washington, DC 20549. Please call the SEC at (800) SEC-0330 for further information on the Public Reference Room. As an electronic filer, the Company’s public filings are maintained on the SEC’s Internet site that contains reports, proxy and information statements, and other information regard
ing issuers that file electronically with the SEC. The address of that website is http://www.sec.gov.
9
The Company files its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Definitive Proxy Statements, Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act accessible free of charge through the Company’s Internet site after the Company has electronically filed such material with, or furnished it to, the SEC. The address of that website is http://www.ruger.com. However, such reports may not be accessible through the Company’s website as promptly as they are accessible on the SEC’s website.
Additionally, the Company’s corporate governance materials, including its Corporate Governance Guidelines, the charters of the Audit, Compensation, and Nominating and Corporate Governance committees, and the Code of Business Conduct and Ethics may also be found under the “Stockholder Relations” section of the Company’s Internet site at www.ruger.com. A copy of the foregoing corporate governance materials is available upon written request to the Corporate Secretary at Sturm, Ruger & Company, Inc., Lacey Place, Southport, Connecticut 06890.
The Company’s operations could be affected by various risks, many of which are beyond its control. Based on current information, the Company believes that the following identifies the most significant risk factors that could affect its business. Past financial performance may not be a reliable indicator of future performance and historical trends should not be used to anticipate results or trends in future periods.
In evaluating the Company’s business, the following risk factors, as well as other information in this report, should be carefully considered.
Changes in government policies and firearms legislation could adversely affect the Company’s financial results.
The sale, purchase, ownership, and use of firearms are subject to thousands of federal, state and local governmental regulations. The basic federal laws are the National Firearms Act, the Federal Firearms Act, and the Gun Control Act of 1968. These laws generally prohibit the private ownership of fully automatic weapons and place certain restrictions on the interstate sale of firearms unless certain licenses are obtained. The Company does not manufacture fully automatic weapons, other than for the law enforcement market, and holds all necessary licenses under these federal laws. From time to time, congressional committees review proposed bills relating to the regulation of firearms. These proposed bills generally seek either to restrict or ban the sale and, in some cases, the ownership of various types of firearms. Several states curre
ntly have laws in effect similar to the aforementioned legislation.
Until November 30, 1998, the “Brady Law” mandated a nationwide five-day waiting period and background check prior to the purchase of a handgun. As of November 30, 1998, the National Instant Check System, which applies to both handguns and long guns, replaced the five-day waiting period. The Company believes that the “Brady Law” and the National Instant Check System have not had a significant effect on the Company’s sales of firearms, nor does it anticipate any impact on sales in the future. On September 13, 1994, the “Violent Crime Control and Law Enforcement Act” banned so-called “assault weapons.” All the Company’s then-manufactured commercially-sold long guns were exempted by name as “legitimate sporting firearms.” This ban expired by operation of law on Septemb
er 13, 2004. The Company remains strongly opposed to laws which would restrict the rights of law-abiding citizens to lawfully acquire firearms. The Company believes that the lawful private ownership of firearms is guaranteed by the Second Amendment to the United States Constitution and
10
that the widespread private ownership of firearms in the United States will continue. However, there can be no assurance that the regulation of firearms will not become more restrictive in the future and that any such restriction would not have a material adverse effect on the business of the Company.
The Company’s results of operations could be adversely affected by litigation.
The Company faces risks arising from various asserted and unasserted litigation matters. These matters include, but are not limited to, assertions of allegedly defective product design or manufacture, purported class actions against firearms manufacturers, generally seeking relief such as medical expense reimbursement, property damages and punitive damages arising from accidents involving firearms or the criminal misuse of firearms, and those lawsuits filed on behalf of municipalities alleging harm to the general public. Various factors or developments can lead to changes in current estimates of liabilities such as final adverse judgment, significant settlement or changes in applicable law. A future adverse outcome in any one or more of these matters could have a material adverse effect on the Company’s financial results. See Not
e 17 to the financial statements which are included in this Form 10-K.
The Company must comply with various laws and regulations pertaining to workplace safety, environmental matters, and firearms manufacture.
In the normal course of its manufacturing operations, the Company is subject to numerous federal, state and local laws and governmental regulations and related state laws, and occasional governmental proceedings and orders. These laws and regulations pertain to workplace safety, firearms serial number tracking and control, waste disposal, air emissions and water discharges into the environment. Noncompliance with any one or more of these laws and regulations could have a material adverse impact on the Company.
Business disruptions at one of the Company’s manufacturing facilities could adversely affect the Company’s financial results.
The Newport, New Hampshire and Prescott, Arizona facilities are critical to the Company’s success. These facilities house the Company’s principal production, research, development, engineering, design, and shipping operations. Any event that causes a disruption of the operation of either of these facilities for even a relatively short period of time might have a material adverse affect on the Company’s ability to produce and ship products and to provide service to its customers.
Price increases for raw materials could adversely affect the Company’s financial results.
Third parties supply the Company with various raw materials for its firearms and castings, such as fabricated steel components, walnut, birch, beech, maple and laminated lumber for rifle and shotgun stocks, wax, ceramic material, metal alloys, various synthetic products and other component parts. There is a limited supply of these materials in the marketplace at any given time, which can cause the purchase prices to vary based upon numerous market factors. The Company believes that it has adequate quantities of raw materials in inventory to provide ample time to locate and obtain additional items at then-current market cost without interruption of its manufacturing operations. However, if market conditions result in a significant prolonged inflation of certain prices or if adequate quantities of raw materials can not be obtained, the C
ompany’s manufacturing processes could be interrupted and the Company’s financial condition or results of operations could be materially adversely affected.
The healthcare legislation passed in 2010 could have a material adverse impact on the Company.
Certain provisions of the recently passed federal healthcare legislation, in particular the “unlimited lifetime benefit” which eliminated the practice of capping the amount of medical benefits available to an individual, could adversely affect the Company’s financial position. The Company self insures the cost of the medical benefits for its employees up to an annual and lifetime maximum per individual. It
11
supplements this self-insurance with ”stop loss” insurance for costs incurred above these maximum thresholds. In the past, the medical benefit costs for several employees of the Company have exceeded this maximum each year, in some cases significantly. It is the Company’s expectation that if it is forced to provide an “unlimited lifetime benefit” its medical costs would likely increase significantly which would adversely affect its financial condition.
The Company’s manufacturing operations are carried out at two facilities. The following table sets forth certain information regarding each of these facilities:
Approximate
Aggregate Usable
Square Feet
Status
Segment
Newport, New Hampshire
350,000
Owned
Firearms/Castings
Prescott, Arizona
230,000
Leased
Firearms
Each facility contains enclosed ranges for testing firearms and also contains modern tool room facilities. The lease of the Prescott facility provides for rental payments, which are approximately equivalent to estimated rates for real property taxes.
The Company has four other facilities that were not used in its manufacturing operations in 2010:
Approximate
Aggregate Usable
Square Feet
Status
Segment
Southport, Connecticut
(Station Street property)
5,000
Owned
Not Utilized
Southport, Connecticut
(Lacey Place property)
25,000
Owned
Corporate
Newport, New Hampshire
(Dorr Woolen Building)
45,000
Owned
Firearms
Enfield, Connecticut
10,000
Leased
Firearms
There are no mortgages or any other major encumbrance on any of the real estate owned by the Company.
The Company’s principal executive offices are located in Southport, Connecticut. The Company believes that its existing facilities are suitable and adequate for its present purposes.
The nature of the legal proceedings against the Company is discussed at Note 17 to the financial statements, which are included in this Form 10-K.
The Company has reported all cases instituted against it through October 2, 2010, and the results of those cases, where terminated, to the SEC on its previous Form 10-Q and 10-K reports, to which reference is hereby made.
During the three months ending December 31, 2010, no cases were formally instituted against the Company nor were any previously reported cases settled.
The Company’s Common Stock is traded on the New York Stock Exchange under the symbol “RGR.” At February 1, 2011, the Company had 1,841 stockholders of record.
The following table sets forth, for the periods indicated, the high and low sales prices for the Common Stock as reported on the New York Stock Exchange and dividends paid on Common Stock.
High
Low
Dividends
Per Share
2009:
First Quarter
$
13.06
$
5.98
-
Second Quarter
13.71
10.08
$
0.086
Third Quarter
15.20
11.16
0.123
Fourth Quarter
13.70
9.61
0.096
2010:
First Quarter
$
13.02
$
10.01
$
0.060
Second Quarter
17.97
12.06
0.093
Third Quarter
16.69
12.66
0.100
Fourth Quarter
16.38
13.02
0.078
13
Issuer Repurchase of Equity Securities
In the third quarter of 2010 the Company repurchased shares of its common stock. Details of these purchases are as follows:
Period
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Program
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program
8/3/10-8/31/10
339,000
$
14.08
339,000
9/1/10-9/22/10
73,000
$
12.92
73,000
Total
412,000
$
13.83
412,000
$
10,000,000
In 2009, the Company repurchased 2,400 shares of its common stock, representing 0.1% of the then outstanding shares, in the open market at an average price of $6.03 per share.
In 2008, the Company repurchased 1,535,000 shares of its common stock, representing 7.5% of the then outstanding shares, in the open market at an average price of $6.57 per share.
14
Comparison of Five-Year Cumulative Total Return*
Sturm, Ruger & Co., Inc., Standard & Poor’s 500 Index, Recreation Index and
Smith & Wesson Holding
(Performance Results Through 12/31/10)
Assumes $100 invested at the close of trading 12/05 in Sturm, Ruger & Co., Inc. common stock, Standard & Poor’s 500 Index, Recreation Index, and Smith & Wesson Holding.
* Cumulative total return assumes reinvestment of dividends.
Source: Value Line Publishing LLC
Factual material is obtained from sources believed to be reliable, but the publisher is not responsible for any errors or omissions contained herein.
2005
2006
2007
2008
2009
2010
Sturm, Ruger & Co., Inc.
100.00
136.95
118.12
85.16
142.16
229.08
Standard & Poor’s 500
100.00
113.62
117.63
72.36
89.33
100.75
Recreation Index
100.00
112.73
100.62
63.60
104.10
156.18
Smith & Wesson Holding
100.00
263.10
155.20
57.75
104.05
95.15
15
Securities
Authorized for Issuance Under Equity Compensation Plans
The following table provides information regarding compensation plans under which equity securities of the Company are authorized for issuance as of December 31, 2010:
Equity Compensation Plan Information
Plan category
Number of securities to be issued upon exercise of outstanding options, warrants and rights
(a)
Weighted-average exercise price of outstanding options, warrants and rights
(b) *
Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))
(c)
Equity compensation plans approved by security holders
1998 Stock Incentive Plan
350,000
$8.10 per share
-
2001 Stock Option Plan for Non-Employee Directors
80,000
$7.33 per share
-
2007 Stock Incentive Plan
919,307
$10.08 per share
1,535,000
Equity compensation plans not approved by security holders
None.
Total
1,349,307
$9.30 per share
1,535,000
*
Restricted stock units are settled in shares of the Company’s common stock on a one-for-one basis. Accordingly, such units have been excluded for purposes of computing the weighted-average exercise price.
Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for 2010 were firearms sales, and 1% was investment castings sales. Export sales represent less than 6% of total sales. The Company’s design and manufacturing operations are located in the United States and almost all product content is domestic. The Company’s firearms are sold through a select number of independent wholesale distributors, principally to the commercial sporting market.
The Company also manufactures investment castings made from steel alloys for internal use in its firearms and utilizes excess investment casting capacity to manufacture and sell castings to unaffiliated, third-party customers.
Because most of the Company’s competitors are not subject to public filing requirements and industry-wide data is generally not available in a timely manner, the Company is unable to compare its performance to other companies or specific current industry trends. Instead, the Company measures itself against its own historical results.
The Company does not consider its overall firearms business to be predictably seasonal; however, orders of many models of firearms from the distributors tend to be stronger in the first quarter of the year and weaker in the third quarter of the year. This is due in part to the timing of the distributor show season, which occurs during the first quarter.
Results of Operations - 2010
Product Demand
The estimated sell-through of the Company’s products from distributors to retailers in 2010 increased 2% from 2009. During this period, National Instant Criminal Background Check System (“NICS”) background checks (as adjusted by the National Shooting Sports Foundation) decreased 1%.
We believe the year-over-year increase in estimated sell-through from distributors to retailers from 2009 is likely due to the following factors:
●
Increased demand for handguns,
●
The Company’s commitment to new product development which yielded several new product launches in 2010 which generated continued demand, and
●
Increased manufacturing capacity for certain products in strong demand.
18
Estimated sell-through from distributors to retailers and total NICS background checks follow:
2010
2009
2008
Estimated Units Sold from Distributors to Retailers (1)
901,500
887,400
631,000
Total Adjusted NICS Background Checks (thousands) (2)
9,400
9,500
9,000
(1)
The estimates for each period were calculated by taking the beginning inventory at the distributors, plus shipments from the Company to distributors during the period, less the ending inventory at distributors. These estimates are only a proxy for actual market demand as they:
●
Rely on data provided by independent distributors that are not verified by the Company,
●
Do not consider potential timing issues within the distribution channel, including goods-in-transit, and
●
Do not consider fluctuations in inventory at retail.
(2)
The adjusted NICS data presented above was derived by the National Shooting Sports Foundation (“NSSF”) by subtracting out NICS purpose code permit checks used by several states such as Kentucky and Utah for concealed carry (CCW) permit application checks as well as checks on active CCW permit databases. While not a direct correlation to firearms sales, the NSSF adjusted NICS data provides a more accurate picture of current market conditions.
While NICS background checks are not a precise measure of retail activity, they are commonly used as a proxy for retail demand. NICS background checks are performed when the ownership of most firearms, either new or used, is transferred by a Federal Firearms Licensee. NICS background checks are also performed for permit applications, permit renewals, and other administrative reasons.
The Company launched the SR9c compact pistol, the LCR357 revolver, and the SR40 striker-fired pistol in 2010. New product introductions, including the aforementioned products, remain a strong driver of demand and represented $62.3 million or 24.8% of sales in 2010.
Orders Received and Ending Backlog
(in millions except average sales price, net of Federal Excise Tax):
2010
2009
2008
Orders Received
$
229.4
$
269.5
$
212.5
Average Sales Price of Orders Received (3)
$
272
$
281
$
274
Ending Backlog
$
34.9
$
59.6
$
47.8
Average Sales Price of Ending Backlog (3)
$
326
$
330
$
269
19
(3)
Average sales price for orders received and ending backlog is net of Federal Excise Tax of 10% for handguns and 11% for long guns.
The decrease in orders received and the ending backlog in 2010 is due to the strong retail demand that began in late 2008 and resulted in large orders from distributors in 2009. The backlog was higher than normal for most of 2009.
The average sales price of orders received and ending backlog in 2010 decreased from 2009 due to significant orders in 2009 for certain higher-priced rifles, including the SR-556.
Production
After three years of increased production, the Company intentionally reduced its output in 2010 by 3% compared to 2009 while closely monitoring its finished goods inventory growth and distributor sell-through to retailers. Production of certain products was limited to rates moderately in excess of estimated retail demand for those products, to allow for only modest increased finished goods inventory levels for those products. The Company anticipates continuing to temper production of certain products in 2011 to avoid building finished goods inventory levels throughout the distribution channel too quickly.
The Company continues to further implement lean manufacturing principles across its facilities. This ongoing process began in 2006, and includes initiatives such as the following:
●
transitioning from batch production to single-piece flow manufacturing,
●
refining existing cells and, where practical, consolidating smaller cells into value-stream super cells,
●
developing pull systems and managing vendors,
●
increasing capacity for the products with the greatest unmet demand, and
●
re-engineering mature-product designs for improved manufacturability.
Annual Summary Unit Data
Firearms unit data for orders, production, shipments and backorders follows:
2010
2009
2008
Units Ordered
842,700
958,700
776,400
Units Produced
906,200
934,300
600,600
Units Shipped
903,200
925,800
626,500
Average Sales Price
$
279
$
288
$
278
Units on Backorder
106,800
181,000
175,900
Inventories
Finished goods unit inventory levels for the Company and distributors increased very slightly in 2010, and remain below optimal levels to support rapid order fulfillment.
20
The Company anticipates that its finished goods inventory could increase by as much as $12 million to $15 million from the current level upon the attainment of the desired levels of finished goods inventory. The Company hopes to build toward this finished goods inventory level slowly to mitigate the likelihood and magnitude of any production disruptions that could be caused by sudden and significant demand reductions.
As our independent distributors continually attempt to increase their inventory turns without unduly hindering their ability to fulfill retail demand, distributor inventories of the Company’s products may increase at a slower rate than desired, or not at all. Distributor investments in other manufacturers’ products, some of which may not be turning as fast as the Company’s products turn, may further impede this inventory replenishment.
Inventory data follows:
December 31,
2010
2009
2008
Units – Company Inventory
23,600
20,100
12,400
Units – Distributor Inventory (4)
97,700
96,200
57,500
Total inventory (5)
121,300
116,300
69,900
(4)
Distributor ending inventory as provided by the independent distributors of the Company’s products. These numbers do not include goods-in-transit inventory that has been shipped from the Company but not yet received by the distributors.
(5)
This total does not include inventory at retailers. The Company does not have access to data on retailer inventories.
Year ended December 31, 2010, as compared to year ended December 31, 2009:
Net Sales
Consolidated net sales were $255.2 million in 2010. This represents a decrease of $15.8 million or 5.8% from 2009 consolidated net sales of $271.0 million.
Firearms segment net sales were $251.7 million in 2010. This represents a decrease of $14.9 million or 5.9% from 2009 firearm net sales of $266.6 million. Firearms unit shipments decreased 2.5% in 2010. A shift in product mix toward firearms with lower unit sales prices resulted in the relatively lower percentage decrease in unit shipments compared to the percentage decrease in sales.
Casting segment net sales were $3.5 million in 2010. This represents a decrease of $0.9 million or 20.1% from 2009 casting sales of $4.4 million.
21
Cost of Products Sold and Gross Profit
Consolidated cost of products sold was $171.2 million in 2010. This represents a decrease of $12.2 million or 6.6% from 2009 consolidated cost of products sold of $183.4 million.
The gross margin was 32.9% in 2010. This represents a slight increase from the 2009 gross margin of 32.3% as illustrated below:
(in thousands)
Year Ended December 31
2010
2009
Net sales
$
255,206
100.0
%
$
270,985
100.0
%
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability and product recall
173,198
67.8
%
183,540
67.7
%
LIFO expense (income)
(1,039
)
(0.4
)%
(4,216
)
(1.6
)%
Overhead rate adjustments to inventory
(618
)
(0.2
)%
1,324
0.5
%
Labor rate adjustments to inventory
(364
)
(0.1
)%
436
0.2
%
Product liability
9
0
%
1,618
0.6
%
Product recalls
38
0
%
678
0.3
%
Total cost of products sold
171,224
67.1
%
183,380
67.7
%
Gross profit
$
83,982
32.9
%
$
87,605
32.3
%
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability, and product recall- In 2010, cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability, and product recall increased as a percentage of sales by 0.1% compared to 2009.
LIFO- Gross inventories were reduced by $2.2 million in 2010 and $8.8 million in 2009. In 2010, the Company recognized a LIFO credit resulting in decreased cost of products sold of $1.0 million. In 2009, the Company recognized a LIFO credit and decreased cost of products sold of $4.2 million.
Overhead Rate Change- The net impact on inventory in 2010 from the change in the overhead rates used to absorb overhead expenses into inventory was an increase of $0.6 million, reflecting decreased overhead efficiency. This increase in inventory value resulted in a corresponding decrease to cost of products sold in 2010. In 2009, the change in inventory value resulting from the change in the overhead rate used to absorb overhead expenses into inventory was a decrease of $1.3 million, reflecting an
22
improvement in overhead efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold.
Labor Rate Adjustments- In 2010, the change in inventory value resulting from the change in the labor rates used to absorb labor expenses into inventory was an increase of $0.4 million, reflecting decreased labor efficiency. This increase in inventory value resulted in a corresponding decrease to cost of products sold. The net impact in 2009 from the change in the labor rates used to absorb labor expenses into inventory was a decrease to inventory of $0.4 million, reflecting an improvement in labor efficiency. This decrease in inventory value resulted in a corresponding increase to cost of sales.
Product Liability—The Company’s product liability expense was negligible in 2010, and $1.6 million in 2009. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters. The negligible expense in 2010 reflects favorable experience in product liability matters during the year. See Note 17 to the notes to the financial statements “Contingent Liabilities” for further discussion of the Company’s product liability.
Product Recalls—There were no product recalls initiated in 2010 or 2009. In 2008, the Company received a small number of reports from the field that its SR9 pistols, and later, its LCP pistols, could discharge if dropped onto a hard surface. The Company began recalling SR9 pistols in April 2008 and LCP pistols in October 2008 to offer free safety retrofits. The cost of these safety retrofit programs was negligible in 2010 and $0.7 million in 2009. The Company believes that costs incurred for these ongoing retrofit programs will remain negligible in future
years.
Gross Profit—Gross profit was $84.0 million or 32.9% of sales in 2010. This is a decrease of $3.6 million from 2009 gross profit of $87.6 million or 32.3% of sales.
Selling, General and Administrative
Selling, general and administrative expenses were $40.2 million in 2010. This represents a decrease of $2.0 million or 5% from 2009 selling, general and administrative expenses of $42.2 million. The decrease reflects decreased personnel-related expenses including stock-based compensation and bonuses.
Other Operating Expenses (Income), net
Other operating expenses (income), net consist of the following (in thousands):
2010
2009
Loss (gain) on sale of operating assets (a)
$
22
$
(45
)
Frozen defined-benefit pension plan expense
398
1,537
Total other operating expenses, net
$
420
$
1,492
(a)
The loss (gain) on sale of operating assets was generated primarily from the sale of used machinery and equipment.
23
Operating Income
Operating income was $43.4 million or 17.0% of sales in 2010. This is a decrease of $0.5 million from 2009 operating income of $43.9 million or 16.2% of sales.
Royalty Income
Royalty income was $0.4 million in 2010. This represents a decrease of $0.1 million from 2009 royalty income of $0.5 million. The decrease is primarily attributable to decreased income from licensing agreements.
Interest Income
Interest income was negligible in 2010, a slight decrease from 2009 interest income of $0.1 million. The decrease is attributable primarily to decreased interest rates in 2010.
Other Income (Expense), Net
Other income (expense), net was $0.4 million in 2010, an increase from a negligible amount in 2009. This income is attributable primarily to the sale of by-products of our manufacturing processes.
Income Taxes and Net Income
The effective income tax rate in 2010 was 36.0%, a decrease from the 2009 effective income tax rate of 38.0%. The decrease in the income tax rate results primarily from an increased benefit from the American Jobs Creation Act of 2004 that was effective January 1, 2010.
As a result of the foregoing factors, consolidated net income was $28.3 million in 2010. This represents an increase of $0.8 million from 2009 consolidated net income of $27.5 million.
24
Quarterly Data
To supplement the summary annual unit data and discussion above, the same data for the last eight quarters follows:
2010
Q4
Q3
Q2
Q1
Units Ordered
241,900
156,500
138,400
305,900
Units Produced
218,300
207,100
238,900
241,900
Units Shipped
236,200
204,200
225,500
237,300
Estimated Units Sold from
Distributors to Retailers
235,200
198,700
213,400
254,200
Average Sales Price
$
264
$
277
$
276
$
279
Units on Backorder
106,800
99,800
147,900
239,900
Units – Company Inventory
23,600
40,600
37,700
24,400
Units – Distributor Inventory (6)
97,700
96,700
91,200
79,100
2009
Q4
Q3
Q2
Q1
Units Ordered (7)
173,000
80,000
204,700
501,000
Units Produced
234,600
242,500
247,300
209,900
Units Shipped
228,500
237,400
246,200
213,700
Estimated Units Sold from
Distributors to Retailers
209,400
214,500
227,500
236,000
Average Sales Price
$
276
$
295
$
286
$
283
Units on Backorder (7)
181,000
240,700
412,300
458,900
Units – Company Inventory
20,100
15,100
9,600
8,800
Units – Distributor Inventory (6)
96,200
76,800
53,900
35,200
(6)
Distributor ending inventory as provided by the independent distributors of the Company’s products.
25
(7)
During the third quarter of 2009, the Company unilaterally cancelled all of the unshipped orders for Mini-14 and Mini Thirty autoloading rifles, and asked the distributors to submit new orders that better represented their forecasted needs. The cancellation of these unshipped orders, partially offset by the submission of new orders for these products, resulted in a net reduction to the backlog of approximately 34,000 units or $20 million. Had these orders not been cancelled, the Units Ordered in the third quarter would have been approximately 114,000 units.
(in millions except average sales price, net of Federal Excise Tax)
2010
Q4
Q3
Q2
Q1
Orders Received
$
63.3
$
45.6
$
38.7
$
81.8
Average Sales Price of Orders Received(9)
$
262
$
291
$
279
$
270
Ending Backlog
$
34.9
$
34.1
$
44.9
$
71.8
Average Sales Price of Ending Backlog(9)
$
326
$
342
$
304
$
299
2009
Q4
Q3
Q2
Q1
Orders Received(8)
$
42.9
$
14.1
$
73.6
$
138.9
Average Sales Price of Orders Received(8)(9)
$
275
$
196
$
400
$
308
Ending Backlog(8)
$
59.6
$
78.0
$
138.0
$
136.3
Average Sales Price of Ending Backlog(8)(9)
$
330
$
324
$
335
$
297
(8)
See description in Note 7 above for information relating to Q3 2009 order cancellations. The cancellation of these orders reduced Orders Received in the third quarter of 2009 by $20 million and decreased the Average Sales Price of Orders Received by $115 per unit. Had these orders not been cancelled, the Average Sales Price of Orders Received would have been $311 per unit. The Average Sales Price of the Ending Backlog was also impacted for the same reasons.
(9)
Average sales price for orders received and ending backlog is net of Federal Excise Tax of 10% for handguns and 11% for long guns.
26
Fourth Quarter Gross Profit Analysis
The gross margin for the fourth quarter of 2010 and 2009 was 32.0% and 33.3%, respectively. Details of the gross profit are illustrated below:
(in thousands)
Three Months Ended December 31
2010
2009
Net sales
$
64,138
100.0
%
$
63,879
100.0
%
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability and product recall
45,392
70.8
%
45,678
71.5
%
LIFO expense (income)
(1,264
)
(2.0
)%
(1,536
)
(2.4
)%
Overhead rate adjustments to inventory
(584
)
(0.9
)%
(1,408
)
(2.2
)%
Labor rate adjustments to inventory
(98
)
(0.1
)%
(323
)
(0.5
)%
Product liability
150
0.2
%
171
0.2
%
Product recalls
15
0
%
32
0.1
%
Total cost of products sold
43,611
68.0
%
42,614
66.7
%
Gross profit
$
20,527
32.0
%
$
21,265
33.3
%
Note: For a discussion of the captions in the above table, please see the “Cost of Products Sold and Gross Profit” discussion above.
27
Results of Operations - 2009
Year ended December 31, 2009, as compared to year ended December 31, 2008:
Annual Summary Unit Data
Firearms unit data for orders, production, shipments and ending inventory, and castings setups (a measure of foundry production) are as follows:
2009
2008
2007
Units Ordered
958,700
776,400
485,000
Units Produced
934,300
600,600
464,900
Units Shipped
925,800
626,500
481,800
Average Sales Price
$
288
$
278
$
299
Units on Backorder
181,000
175,900
36,500
Units – Company Inventory
20,100
12,400
38,300
Units – Distributor Inventory (1)
96,200
57,500
62,000
Castings Setups
202,800
144,600
156,100
Orders Received and Ending Backlog
(in millions except average sales price, net of Federal Excise Tax):
2009
2008
Orders Received
$
269.5
$
212.5
Average Sales Price of Orders Received (2)
$
281
$
274
Ending Backlog (2)
$
59.6
$
47.8
Average Sales Price of Ending Backlog (2)
$
330
$
269
(1)
Distributor ending inventory as provided by the independent distributors of the Company’s products.
(2)
Average sales price for orders received and ending backlog is net of Federal Excise Tax of 10% for handguns and 11% for long guns.
28
The increase in orders received in 2008 is attributable to the following:
1.
Increased demand for firearms during the fourth quarter,
2.
New products introduced in 2008, and
3.
Increased production and order fulfillment in 2008.
The product mix of orders received in 2008 shows an increase in demand for firearms related to self defense, including the LCP pistol, which was introduced in the first quarter of 2008.
The decrease in the average sales price of the units in backlog in 2008 is due to the large quantity of new products in the backlog with lower unit sales prices and a reduction in backlog for certain rifle products where production has increased to meet demand.
Orders for certain discontinued models totaling $3.7 million at the end of 2007 were cancelled and have been eliminated from the 2008 backlog information. These orders were included in the backlog for 2007, and their elimination had a significant impact on the change in average sales price of the ending backlog from 2007 to 2008.
The increase in the order backlog is due to the strong incoming order rate for new products and the increase in overall demand that occurred in the fourth quarter.
Production
Production rates, which started to increase late in 2007, continued to improve throughout 2008. This allowed for a 29% increase in unit production from 2007 to 2008.
Inventories
The Company’s finished goods unit inventory levels decreased in 2008, ending at a recent historic low.
29
Quarterly Summary Unit Data
To supplement the summary annual unit data and discussion above, the same data for the last eight quarters follows:
2009
Q4
Q3
Q2
Q1
Units Ordered
173,000
80,000
204,700
501,000
Units Produced
234,600
242,500
247,300
209,900
Units Shipped
228,500
237,400
246,200
213,700
Average Sales Price
$
276
$
295
$
286
$
283
Units on Backorder
181,000
240,700
412,300
458,900
Units – Company Inventory
20,100
15,100
9,600
8,800
Units – Distributor Inventory (1)
96,200
76,800
53,900
35,200
2008
Q4
Q3
Q2
Q1
Units Ordered
270,400
125,700
120,300
260,100
Units Produced
167,100
158,900
150,600
124,000
Units Shipped
208,100
146,000
136,700
135,700
Average Sales Price
$
275
$
276
$
270
$
296
Units on Backorder
175,900
115,300
137,700
157,100
Units – Company Inventory
12,400
52,600
40,200
24,900
Units – Distributor Inventory (1)
57,500
65,800
62,900
61,800
(1)
Distributor ending inventory as provided by the independent distributors of the Company’s products.
30
Orders Received and Ending Backlog
(in millions except average sales price, net of Federal Excise Tax)
2009
Q4
Q3
Q2
Q1
Orders Received
$
42.9
$
14.1
$
73.6
$
138.9
Average Sales Price of Orders Received
$
275
$
196
$
400
$
308
Ending Backlog
$
59.6
$
78.0
$
138.0
$
136.3
Average Sales Price of Ending Backlog
$
330
$
324
$
335
$
297
2008
Q4
Q3
Q2
Q1
Orders Received
$
78.3
$
33.5
$
33.7
$
67.0
Average Sales Price of Orders Received
$
290
$
267
$
280
$
258
Ending Backlog
$
47.8
$
27.9
$
33.7
$
40.7
Average Sales Price of Ending Backlog
$
269
$
242
$
245
$
234
Note:
Average sales price for orders received and ending backlog is net of Federal Excise Tax of 10% for handguns and 11% for long guns.
Net Sales
Consolidated net sales were $271.0 million in 2009. This represents an increase of $89.5 million or 49.3% from 2008 consolidated net sales of $181.5 million.
Firearms segment net sales were $266.6 million in 2009. This represents an increase of $92.2 million or 52.8% from 2008 firearm net sales of $174.4 million. Firearms unit shipments increased 47.8% in 2009 due to increased shipments of pistols, rifles and revolvers. This increase is attributable to the introduction of new products in 2009, increased production of mature products, and increased overall industry demand. A shift in product mix toward firearms with higher unit sales prices, including some new products, resulted in the relatively lower percentage increase in unit shipments compared to the percentage increase in sales.
Casting segment net sales were $4.4 million in 2009. This represents a decrease of $2.7 million or 37.5% from 2008 casting sales of $7.1 million.
31
Cost of Products Sold and Gross Profit
Consolidated cost of products sold was $183.4 million in 2009. This represents an increase of $44.7 million or 32.2% from 2008 consolidated cost of products sold of $138.7 million.
The gross margin was 32.3% in 2009. This represents an increase from the 2008 gross margin of 23.6% as illustrated below:
(in thousands)
Year Ended December 31
2009
2008
Net sales
$
270,985
100.0
%
$
181,483
100.0
%
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability and product recall
183,540
67.7
%
136,172
75.0
%
LIFO expense (income)
(4,216
)
(1.6
)%
781
0.4
%
Overhead rate adjustments to inventory
1,324
0.5
%
(1,389
)
(0.7
)%
Labor rate adjustments to inventory
436
0.2
%
(1,251
)
(0.7
)%
Product liability
1,618
0.6
%
915
0.5
%
Product recalls
678
0.3
%
3,502
1.9
%
Total cost of products sold
183,380
67.7
%
138,730
76.4
%
Gross profit
$
87,605
32.3
%
$
42,753
23.6
%
Cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability, and product recall- In 2009, cost of products sold, before LIFO, overhead and labor rate adjustments to inventory, product liability, and product recall decreased as a percentage of sales by 7.3% compared to 2008. The decrease was primarily related to increased comparable period sales and production while holding fixed-overhead expenses fairly stable. Labor efficiency also improved in 2009.
LIFO- Gross inventories were reduced by $8.8 million in 2009 and $4.5 million in 2008. In 2009, the Company recognized a LIFO credit resulting in decreased cost of products sold of $4.2 million. In 2008, the Company recognized a LIFO charge and increased cost of products sold of $0.8 million.
Overhead Rate Change- The net impact on inventory in 2009 from the change in the overhead rates used to absorb overhead expenses into inventory was a decrease of $1.3 million, reflecting improvement in overhead efficiency. This decrease in inventory value resulted in a corresponding increase to cost of sales in 2009. In 2008, the change in inventory value resulting from the change in the overhead rate
32
used to absorb overhead expenses into inventory was an increase of $1.4 million. This increase in inventory value resulted in a corresponding decrease to cost of products sold.
Labor Rate Adjustments- In 2009, the change in inventory value resulting from the change in the labor rates used to absorb labor expenses into inventory was a decrease of $0.4 million, reflecting improvement in labor efficiency. This decrease in inventory value resulted in a corresponding increase to cost of products sold. The net impact in 2008 from the change in the labor rates used to absorb labor expenses into inventory was an increase to inventory of $1.3 million. This increase in inventory value resulted in a corresponding decrease to cost of sales.
Product Liability—In 2009 and 2008, the Company incurred product liability expense of $1.6 million and $0.9 million, respectively, which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters. See Note 17 to the notes to the financial statements “Contingent Liabilities” for further discussion of the Company’s product liability.
Product Recalls—There were no product recalls initiated in 2009. In 2008, the Company received a small number of reports from the field that its SR9 pistols, and later, its LCP pistols, could discharge if dropped onto a hard surface. The Company began recalling SR9 pistols in April 2008 and LCP pistols in October 2008 to offer free safety retrofits. The cost of these safety retrofit programs totaled $0.7 million and $3.5 million in 2009 and 2008, respectively.
Gross Profit—Gross profit was $87.6 million or 32.3% of sales in 2009. This is an increase of $44.8 million or 105% from 2008 gross profit of $42.8 million or 23.6% of sales.
Selling, General and Administrative
Selling, general and administrative expenses were $42.5 million in 2009. This represents an increase of $12.4 million or 41.1% from 2008 selling, general and administrative expenses of $30.1 million. The increase reflects increased advertising and sales promotion expenses and greater personnel-related expenses including stock-based compensation and bonuses.
Other Operating Expenses (Income), net
Other operating expenses (income), net consist of the following (in thousands):
2009
2008
Gain on sale of operating assets (a)
$
(45
)
$
(95
)
Frozen defined-benefit pension plan expense (income)
1,537
(745
)
Total other operating expenses (income), net
$
1,492
$
(840
)
(a)
The gain on sale of operating assets was generated primarily from the sale of used machinery and equipment.
33
Operating Income
Operating Income was $43.9 million or 16.2% of sales in 2009. This is a 224% increase of $30.4 million from 2008 operating income of $13.5 million or 7.5% of sales.
Royalty Income
Royalty income was $0.5 million in 2009. This represents an increase of $0.4 million from 2008 royalty income of $0.1 million. The increase is primarily attributable to increased income from licensing agreements.
Interest Income
Interest income was $0.1 million in 2009. This represents a decrease of $0.3 million from 2008 interest income of $0.4 million. The decrease is attributable primarily to decreased interest rates in 2009.
Income Taxes and Net Income
The effective income tax rate in 2009 was 38.0%, which is consistent with the 2008 effective income tax rate of 38.0%.
As a result of the foregoing factors, consolidated net income was $27.5 million in 2009. This represents an increase of $18.8 million from 2008 consolidated net income of $8.7 million.
Financial Condition
Liquidity
At December 31, 2010, the Company had cash, cash equivalents and short-term investments of $57.6 million. The Company’s pre-LIFO working capital of $109.3 million, less the LIFO reserve of $37.4 million, resulted in working capital of $71.9 million and a current ratio of 3.2 to 1.
The Company expects to replenish its finished goods inventory to levels that will better serve our customers. This replenishment could increase the FIFO value of finished goods inventory by as much as $12 to $15 million from current depressed levels. We anticipate that the cash required to fund this increase in finished goods inventory would be partially offset by a reduction in accounts receivable which would be expected during a period of reduced demand.
During the first quarter of 2009, the Company paid down the $1 million balance on its $25 million credit facility, in response to the relative improvement in the global financial and credit markets. The credit facility, which expires on December 12, 2011, remains unused and the Company has no debt.
Operations
Cash provided by operating activities was $32.5 million, $46.7 million, and $11.2 million in 2010, 2009, and 2008, respectively. The decrease in cash provided in 2010 compared to 2009 is attributable to the large reduction in inventory and the increase in employee benefits and compensation in 2009 and the increase in accounts receivable in 2010. This increase in accounts receivable resulted from unusually strong sales in December of 2010 in advance of the distributor show season, which occurs during the first quarter. No extension of payment terms was made for any of these sales. The increase in cash provided in 2009 compared to 2008 is principally attributable to increased profitability in 2009 and a slight decrease in accounts receivable 2009.
34
Third parties supply the Company with various raw materials for its firearms and castings, such as fabricated steel components, walnut, birch, beech, maple and laminated lumber, wax, ceramic material, metal alloys, various synthetic products and other component parts. There is a limited supply of these materials in the marketplace at any given time, which can cause the purchase prices to vary based upon numerous market factors. The Company believes that it has adequate quantities of raw materials in inventory to provide ample time to locate and obtain additional items at then-current market cost without interruption of its manufacturing operations. However, if market conditions result in a significant prolonged inflation of certain prices or if adequate quantities of raw materials can not be obtained, the Company’s manufacturing
processes could be interrupted and the Company’s financial condition or results of operations could be materially adversely affected.
Investing and Financing
Capital expenditures were $19.4 million, $13.8 million, and $9.5 million in 2010, 2009, and 2008, respectively. In 2011, the Company expects to spend approximately $15 million on capital expenditures to purchase tooling for new product introductions and to upgrade and modernize manufacturing equipment and information technology infrastructure. The Company finances, and intends to continue to finance, all of these activities with funds provided by operations and current cash and short-term investments.
During the past several years, the Board of Directors authorized the Company to repurchase shares of its common stock. In 2010, the Company repurchased approximately 412,000 shares of its common stock under a 10b5-1 program, representing 2.1% of the then outstanding shares, in the open market at an average price of $13.83 per share. In 2009, the Company repurchased approximately 2,400 shares of its common stock under a 10b5-1 program, representing 0.01% of the then outstanding shares, in the open market at an average price of $6.03 per share. In 2008, the Company repurchased 1,535,000 shares of its common stock, representing 7.5% of the then outstanding shares, in the open market at an average price of $6.57 per share. All of these purchases were made with cash held by the Company and no debt was incurred.
At December 31, 2010, $10.0 million remained authorized for share repurchases.
The Company paid dividends totaling $6.3 million and $5.8 million in 2010 and 2009, respectively. There were no dividends paid in 2008.
On February 15, 2011, the Company declared a dividend of 5.0¢ per share to shareholders of record on March 11, 2011. The payment of future dividends depends on many factors, including internal estimates of future performance, then-current cash and short-term investments, and the Company’s need for funds.
The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan.
In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrue benefits under them effective December 31, 2007. This action “froze” the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees’ individual 401(k) accounts.
35
Minimum cash contributions of $1.7 million were required for the defined-benefit plans for 2010. The Company contributed $2 million to the defined-benefit plans in both 2010 and 2009.
In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans’ assets and the then-applicable discount rates used to calculate the plans’ liabilities.
The Company plans to contribute approximately $2 million in 2011, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $200,000 per year, which includes PBGC premiums, actuary and audit fees, and other expenses.
In the first quarter of 2009, the Company settled $2.1 million of pension liabilities through the purchase of group annuities. This transaction resulted in an insignificant actuarial gain.
In February 2008, the Company made lump sum benefit payments to two participants in its only non-qualified defined-benefit plan, the Supplemental Executive Retirement Plan. These payments, which totaled $2.1 million, represented the actuarial present value of the participants’ accrued benefit as of the date of payment. Only one, retired participant remains in this plan.
Based on its unencumbered assets, the Company believes it has the ability to raise substantial amounts of cash through issuance of short-term or long-term debt. The Company’s unsecured $25 million credit facility, which expires on December 12, 2011, remains unused and the Company has no debt.
Contractual Obligations
The table below summarizes the Company’s significant contractual obligations at December 31, 2010, and the effect such obligations are expected to have on the Company’s liquidity and cash flows in future periods. This table excludes amounts already recorded on the Company’s balance sheet as current liabilities at December 31, 2010.
“Purchase Obligations” as used in the below table includes all agreements to purchase goods or services that are enforceable and legally binding on the Company and that specify all significant terms, including: fixed or minimum quantities to be purchased; fixed, minimum or variable price provisions; and the approximate timing of the transaction. Certain of the Company’s purchase orders or contracts for the purchase of raw materials and other goods and services that may not necessarily be enforceable or legally binding on the Company, are also included in “Purchase Obligations” in the table. Certain of the Company’s purchase orders or contracts therefore included in the table may represent authorizations to purchase rather than legally binding agreements. The Company expects to fund all of these commi
tments with cash flows from operations and current cash and short-terms investments.
36
Payment due by period (in thousands)
Contractual Obligations
Total
Less than
1 year
1-3 years
3-5 years
More than 5 years
Long-Term Debt Obligations
-
-
-
-
-
Capital Lease Obligations
-
-
-
-
-
Operating Lease Obligations
-
-
-
-
-
Purchase Obligations
$
45,300
$
45,300
-
-
-
Other Long-Term Liabilities
Reflected on the
Registrant’s Balance
Sheet under GAAP
-
-
-
-
-
Total
$
45,300
$
45,300
-
-
-
The expected timing of payment of the obligations discussed above is estimated based on current information. Timing of payments and actual amounts paid may be different depending on the time of receipt of goods or services or changes to agreed-upon amounts for some obligations.
Firearms Legislation and Litigation
See Item 1A - Risk Factors and Note 17 to the financial statements for discussion of firearms legislation and litigation.
Other Operational Matters
In the normal course of its manufacturing operations, the Company is subject to occasional governmental proceedings and orders pertaining to workplace safety, firearms serial number tracking and control, waste disposal, air emissions and water discharges into the environment. The Company believes that it is generally in compliance with applicable BATFE, environmental, and safety regulations and the outcome of any proceedings or orders will not have a material adverse effect on the financial position or results of operations of the Company.
The Company self-insures a significant amount of its product liability, workers’ compensation, medical, and other insurance. It also carries significant deductible amounts on various insurance policies.
The valuation of the future defined-benefit pension obligations at December 31, 2010 and 2009 indicated that these plans were underfunded by $9.4 million and $12.2 million, respectively, and resulted in a cumulative other comprehensive loss of $19.6 million and $20.4 million on the Company’s balance sheet at December 31, 2010 and 2009, respectively.
The Company expects to realize its deferred tax assets through tax deductions against future taxable income.
37
Critical Accounting Policies and Estimates
The preparation of financial statements in accordance with accounting principles generally accepted in the United States requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities as of the balance sheet date and net sales and expenses recognized and incurred during the reporting period then ended. The Company bases estimates on prior experience, facts and circumstances, and other assumptions, including those reviewed with actuarial consultants and independent counsel, when applicable, that are believed to be reasonable. However, actual results may differ from these estimates.
The Company believes the determination of its product liability accrual is a critical accounting policy. The Company’s management reviews every lawsuit and claim and is in contact with independent and corporate counsel on an ongoing basis. The provision for product liability claims is based upon many factors, which vary for each case. These factors include the type of claim, nature and extent of injuries, historical settlement ranges, jurisdiction where filed, and advice of counsel. An accrual is established for each lawsuit and claim, when appropriate, based on the nature of each such lawsuit or claim.
Amounts are charged to product liability expense in the period in which the Company becomes aware that a claim or, in some instances a threat of claim, has been made when potential losses or costs of defense are probable and can be reasonably estimated. Such amounts are determined based on the Company’s experience in defending similar claims. Occasionally, charges are made for claims made in prior periods because the cumulative actual costs incurred for that claim, or reasonably expected to be incurred in the future, exceed amounts already provided. Likewise, credits may be taken if cumulative actual costs incurred for that claim, or reasonably expected to be incurred in the future, are less than amounts previously provided.
While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with independent and corporate counsel, it is not reasonably possible that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company’s financial results for a particular period.
The Company believes the valuation of its inventory and the related excess and obsolescence reserve is also a critical accounting policy. Inventories are carried at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. An actual valuation of inventory under the LIFO method is made at the end of each year based on the inventory levels and prevailing inventory costs existing at that time.
The Company determines its excess and obsolescence reserve by projecting the year in which inventory will be consumed into a finished product. Given ever-changing market conditions, customer preferences and the anticipated introduction of new products, it does not seem prudent nor supportable to carry inventory at full cost beyond that needed during the next 36 months. Therefore, the Company estimates its excess and obsolescence inventory reserve based on the following parameters:
38
Projected Year
Required
Of Consumption
Reserve%
2011
2
%
2012
10
%
2013
35
%
2014 and thereafter
90
%
Forward-Looking Statements and Projections
The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to r
eflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
The Company is exposed to changing interest rates on its investments, which consist primarily of United States Treasury instruments with short-term (less than one year) maturities and cash. The interest rate market risk implicit in the Company’s investments at any given time is low, as the investments mature within short periods and the Company does not have significant exposure to changing interest rates on invested cash.
The Company has not undertaken any actions to cover interest rate market risk and is not a party to any interest rate market risk management activities.
A hypothetical ten percent change in market interest rates over the next year would not materially impact the Company’s earnings or cash flows. A hypothetical ten percent change in market interest rates would not have a material effect on the fair value of the Company’s investments.
We have audited Sturm, Ruger & Company, Inc.’s internal control over financial reporting as of December 31, 2010, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Sturm, Ruger & Company, Inc.’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting included in Management’s Report on Internal Control over Financial Reporting appearing under Item 9A. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based
on our audit.
We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audit also included performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.
A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (a) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (b) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations o
f management and directors of the company; and (c) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
In our opinion, Sturm, Ruger & Company, Inc. maintained, in all material respects, effective internal control over financial reporting as of December 31, 2010, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the balance sheets of Sturm, Ruger & Company, Inc. as of December 31, 2010 and 2009, and the related statements of income, stockholders’ equity and cash flows for each of the three years in the period ended December 31, 2010, and our report dated February 23, 2011 expressed an unqualified opinion.
/s/ McGladrey & Pullen, LLP
Stamford, Connecticut
February 23, 2011
41
Report of Independent Registered Public Accounting Firm
To the Board of Directors and Stockholders
Sturm, Ruger & Company, Inc.
We have audited the accompanying balance sheets of Sturm, Ruger & Company, Inc. as of December 31, 2010 and 2009, and the related statements of income, stockholders’ equity, and cash flows for each of the three years in the period ended December 31, 2010. Our audits also included the financial statement schedule of Sturm, Ruger & Company, Inc. listed in Item 15(a). These financial statements and financial statement schedule are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Sturm, Ruger & Company, Inc. as of December 31, 2010 and 2009, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2010, in conformity with U.S. generally accepted accounting principles. Also, in our opinion, the related financial statement schedule, when considered in relation to the basic financial statements taken as a whole, presents fairly in all material respects the information set forth therein.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), Sturm, Ruger & Company, Inc.’s internal control over financial reporting as of December 31, 2010, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated February 23, 2011 expressed an unqualified opinion on the effectiveness of Sturm, Ruger & Company, Inc.’s internal control over financial reporting.
Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for the year ended December 31, 2010 were from the firearms segment. Export sales represent less than 6% of firearms sales. The Company’s design and manufacturing operations are located in the United States and most product content is domestic. The Company’s firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.
The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers’ representatives, were approximately 1% of the Company’s total sales for the year ended December 31, 2010.
Preparation of Financial Statements
The Company follows United States generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.
The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.
Revenue Recognition
Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company’s experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses in the Statement of Income. Taxes on revenue producing transactions are excluded from net sales.
Cash and Cash Equivalents
The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.
48
Short-term Investments
Short-term investments consist principally of United States Treasury instruments, all maturing within one year, and are recorded at cost plus accrued interest, which approximates fair value. The income from short-term investments is included in other income, net. The Company intends to hold these investments until maturity.
Accounts Receivable
The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company’s evaluation. Bad debt expense has been immaterial during each of the last three years.
Inventories
The majority of the Company’s inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.
Property, Plant, and Equipment
Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.
Maintenance and repairs are charged to operations; replacements and improvements are capitalized.
Long-lived Assets
The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash flows generate
d by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.
Income Taxes
Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of “temporary differences” by applying enacted
49
statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company’s assets and liabilities.
Product Liability
The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.
Advertising Costs
The Company expenses advertising costs as incurred. Advertising expenses for the years ended December 31, 2010, 2009, and 2008, were $2.3 million, $2.7 million, and $2.3 million, respectively.
Shipping Costs
Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $3.0 million, $2.7 million, and $2.6 million in 2010, 2009, and 2008, respectively.
Research and Development
In 2010, 2009, and 2008, the Company spent approximately $3.2 million, $2.0 million, and $1.5 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.
Earnings per Share
Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.
Reclassifications
Certain prior year balances have been reclassified to conform to current year presentation.
2. Trade Receivables, Net
Trade receivables consist of the following:
December 31,
2010
2009
Trade receivables
$
32,469
$
25,750
Allowance for doubtful accounts
(277
)
(209
)
Allowance for discounts
(627
)
(492
)
$
31,565
$
25,049
In 2010, the largest individual trade receivable balances accounted for 15%, 15%, 12%, 12%, 11% and 10% of total trade receivables, respectively.
50
In 2009, the largest individual trade receivable balances accounted for 16%, 14%, 13%, and 13% of total trade receivables, respectively.
3. Inventories
Inventories consist of the following:
December 31,
2010
2009
Finished products
$
5,833
$
4,623
Materials and products in process
41,442
43,698
47,275
48,321
Adjustment of inventories to a LIFO basis
(37,448
)
(38,663
)
$
9,827
$
9,658
During 2010 and 2009, inventory quantities were reduced. These reductions resulted in liquidations of LIFO inventory quantities carried at lower costs prevailing in prior years as compared with the current cost of purchases, the effect of which decreased costs of products sold by approximately $2.3 million and $5.1 million in 2010 and 2009, respectively.
4. Property, Plant and Equipment
Property, plant and equipment consist of the following:
December 31,
2010
2009
Land and improvements
$
1,266
$
1,194
Buildings and improvements
26,609
24,535
Machinery and equipment
97,514
87,052
Dies and tools
24,990
21,276
$
150,379
$
134,057
5. Other Assets
Other assets consist of the following:
December 31,
2010
2009
Patents, at cost
$
4,689
$
4,504
Less: accumulated amortization
(2,342
)
(2,112
)
Other
1,826
1,953
$
4,173
$
4,345
The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.2 million, $0.3 million and $0.2 million in 2010, 2009 and 2008, respectively. The estimated annual patent amortization cost for each of the next five years is $0.2 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.
51
6. Trade Accounts Payable and Accrued Expenses
Trade accounts payable and accrued expenses consist of the following:
December 31,
2010
2009
Trade accounts payable
$
6,597
$
6,812
Accrued expenses
9,895
5,199
$
16,492
$
12,011
7. Line of Credit
In December 2007, the Company established an unsecured $25 million revolving line of credit with a bank. This facility is renewable annually and now terminates on December 12, 2011. The credit facility remained unused at both December 31, 2010 and 2009 and throughout 2010. Borrowings under this facility would bear interest at LIBOR (0.78% at December 31, 2010) plus 200 basis points and the Company is charged three-eighths of a percent (.375%) per year on the unused portion. At December 31, 2010 and 2009, the Company was in compliance with the terms and covenants of the credit facility.
8. Employee Benefit Plans
The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan.
Defined-Benefit Plans
The Company sponsors two qualified defined-benefit pension plans that cover substantially all employees. A third defined-benefit pension plan is non-qualified and covered certain executive officers of the Company. The Company also sponsors a defined-contribution 401(k) plan that covers substantially all employees.
In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrue benefits under them effective December 31, 2007. This action “froze” the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees’ individual 401(k) accounts.
Minimum cash contributions of $1.7 million were required for the defined-benefit plans for 2010. The Company contributed $2 million to the defined-benefit plans in both 2010 and 2009.
In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans’ assets and the then-applicable discount rates used to calculate the plans’ liabilities.
The Company plans to contribute approximately $2 million in 2011, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that
52
the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $0.2 million per year, which includes PBGC premiums, actuary and audit fees, and other expenses.
The measurement dates of the assets and liabilities of all plans presented for 2010 and 2009 were December 31, 2010 and December 31, 2009, respectively.
In the first quarter of 2009, the Company settled $2.1 million of pension liabilities through the purchases of group annuities. This transaction resulted in an insignificant actuarial gain.
Summarized information on the Company’s defined-benefit pension plans is as follows:
Obligations and Funded Status at December 31
2010
2009
Change in Benefit Obligation
Benefit obligation at beginning of year
$
64,140
$
60,326
Service cost
-
-
Interest cost
3,576
3,735
Actuarial loss
3,694
4,821
Benefits paid
(2,617
)
(4,742
)
Benefit obligation at end of year
68,793
64,140
Change in Plan Assets
Fair value of plan assets at beginning of year
51,946
43,380
Actual return on plan assets
7,940
11,154
Employer contributions
2,155
2,154
Benefits paid
(2,617
)
(4,742
)
Fair value of plan assets at end of year
59,424
51,946
Funded Status
Funded status
(9,369
)
(12,194
)
Unrecognized net actuarial loss
31,691
32,841
Unrecognized prior service cost
-
-
Net amount recognized
$
22,322
$
20,647
Weighted Average Assumptions for the years ended December 31,
2010
2009
Discount rate
5.75
%
6.25
%
Expected long-term return on plan assets
8.00
%
8.00
%
Rate of compensation increases
N/A
N/A
53
Components of Net Periodic Pension Cost
2010
2009
Service cost
$
-
$
-
Interest cost
3,576
3,735
Expected return on assets
(4,127
)
(3,361
)
Recognized gains
1,031
1,253
Prior service cost recognized
-
6
Net periodic pension cost
$
480
$
1,633
Amounts Recognized on the Balance Sheet
2010
2009
Accrued benefit liability
$
(9,369
)
$
(12,194
)
Accumulated other comprehensive loss, net of tax
19,648
20,362
Deferred tax asset
12,043
12,479
$
22,322
$
20,647
Weighted Average Assumptions as of December 31,
2010
2009
Discount rate
5.25
%
5.75
%
Rate of compensation increases
N/A
N/A
Information for Pension Plans with an Accumulated Benefit Obligation in excess of plan assets
2010
2009
Projected benefit obligation
$
68,793
$
64,140
Accumulated benefit obligation
$
68,793
$
64,140
Fair value of plan assets
$
59,424
$
51,946
Pension Weighted Average Asset Allocations as of December 31,
2010
2009
Debt securities
26
%
29
%
Equity securities
68
%
65
%
Real estate
5
%
5
%
Money market funds
1
%
1
%
100
%
100
%
The estimated future benefit payments for the defined-benefit plans for each of the next five years and the total amount for years six through ten, are as follows: 2011-$3.0 million, 2012-$3.2 million, 2013-$3.4 million, 2014-$3.6 million, 2015-$3.8 million and for the five year period ending 2020-$20.8 million.
The Company determines the expected return on plan assets based on the target asset allocations. In addition, the historical returns of the plan assets are also considered in arriving at the expected rate of return.
54
The Company recorded an additional minimum pension liability adjustment, net of tax, which increased comprehensive income by $0.7 million and $2.6 million in 2010 and 2009, respectively, and decreased comprehensive income by $9.6 million in 2008.
Plan Assets
The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans. The pension plans are not invested in the common stock of the Company.
The Company adopted the provisions of ASC 820.10 which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. The Company has determined that all financial assets of both its defined-benefit pension plans are level 2 in the fair value hierarchy established by ASC 820.10. The valuation of level 2 assets are based on inputs, other than quoted prices in active markets, that are either directly or indirectly observable for the assets.
The disclosures focus on the inputs used to measure fair value. The following is a description of the valuation methodologies used to measure the plans’ assets at fair value:
Pooled separate accounts: Valued at the net asset value (“NAV”) of units held by the plans at year end, which is determined by aggregating the quoted market values of the underlying assets.
Money market funds: Valued at the NAV of shares held by the plans at year end, which is generally intended to approximate one dollar per share.
The following table sets forth the defined-benefit plans’ assets at fair value:
December 31,
2010
2009
Pooled separate accounts:
Equity securities:
U.S. small cap equity funds
$
7,190
$
5,929
U.S. mid-cap equity funds
16,987
14,659
U.S. large-cap equity funds
5,700
5,342
International equity funds
10,866
8,502
Domestic real estate funds
3,013
2,439
Fixed income securities:
Corporate bond funds
15,615
15,014
Money market fund
53
61
$
59,424
$
51,946
Defined-Contribution Plans
Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-
55
contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $1.8 million, $1.8 million and $1.3 million in 2010, 2009 and 2008, respectively.
Additionally, in 2010, 2009 and 2008 the Company provided supplemental discretionary contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying base compensation established annually. The cost of these supplemental contributions totaled $1.8 million, $1.7 million and $1.4 million in 2010, 2009 and 2008, respectively.
Non-Qualified Plan
The Company also sponsors a non-qualified defined-contribution plan, the Supplemental Executive Retirement Plan, which covered certain of its salaried employees. In the first quarter of 2008, the Company made lump sum benefit payments to two participants in this plan. These payments, which totaled $2.1 million, represented the actuarially determined present value of the participants’ accrued benefit as of the date of payment. Only one participant, who is retired, remains in this plan.
9. Other Operating Expenses (Income), net
Other operating expenses (income), net consist of the following:
Year ended December 31,
2010
2009
2008
Loss (gain) on sale of operating assets (a)
$
22
$
(45
)
$
(95
)
Frozen defined-benefit pension plan expense (income)
398
1,537
(745
)
Total other operating expenses (income), net
$
420
$
1,492
$
(840
)
(a)
The gain on sale of operating assets was generated primarily from the sale of used machinery and equipment related to firearms.
10. Income Taxes
The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2006.
The Federal and state income tax provision consisted of the following:
Year ended December 31,
2010
2009
2008
Current
Deferred
Current
Deferred
Current
Deferred
Federal
$
11,675
$
1,112
$
13,572
$
230
$
3,298
$
1,057
State
2,814
293
3,005
50
721
236
$
14,489
$
1,405
$
16,577
$
280
$
4,019
$
1,293
56
The effective income tax rate varied from the statutory federal income tax rate as follows:
Year ended December 31,
2010
2009
2008
Statutory Federal income tax rate
35.0
%
35.0
%
35.0
%
State income taxes, net of Federal tax benefit
4.6
4.5
4.5
Domestic production activities deduction
(2.7
)
(2.1
)
(2.1
)
Other items
(0.9
)
0.6
0.6
Effective income tax rate
36.0
%
38.0
%
38.0
%
Significant components of the Company’s deferred tax assets and liabilities are as follows:
December 31,
2010
2009
Deferred tax assets:
Product liability
$
368
$
791
Employee compensation and benefits
3,222
3,527
Allowances for doubtful accounts and discounts
859
732
Depreciation
-
213
Inventories
603
1,114
Additional minimum pension liability
12,043
12,479
Stock-based compensation
1,840
939
Asset impairment charges
117
122
Product safety modification charges
32
34
Other
95
253
Total deferred tax assets
19,179
20,204
Deferred tax liabilities:
Pension plans
8,134
7,919
Depreciation
629
-
Other
193
202
Total deferred tax liabilities
8,956
8,121
Net deferred tax assets
$
10,223
$
12,083
Changes in deferred tax assets relating to the additional minimum pension liability are not charged to expense and are therefore not included in the deferred tax provision; instead they are charged to other comprehensive income.
The Company made income tax payments of approximately $14.6 million, $18.9 million, and $0.0 million, during 2010, 2009, and 2008, respectively. The Company expects to realize its deferred tax assets through tax deductions against future taxable income or carry back against taxes previously paid. In 2009, the Company received a tax refund of $1.4 million related to the exercise of stock options in prior years.
The Company does not believe it has included any “uncertain tax positions” in its federal income tax return or any of the state income tax returns it is currently filing. The Company has made an evaluation of the potential impact of additional state taxes being assessed by jurisdictions in which the Company does not currently consider itself liable. The Company does not anticipate that such additional taxes, if any, would result in a material change to its financial position. However, the Company anticipates that it is more likely than not that additional federal and state tax liabilities in the range of $0.2 million to
57
$0.4 million exist. The Company has recorded $0.4 million relating to these additional federal and state income taxes. These amounts are included in income taxes payable at December 31, 2010 and 2009. The Company has included interest and penalties related to uncertain tax positions as a component of its provision for taxes.
11. Earnings Per Share
Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:
Year ended December 31,
2010
2009
2008
Numerator:
Net income
$
28,255
$
27,503
$
8,666
Denominator:
Weighted average number of common shares outstanding – Basic
19,032,557
19,061,321
20,069,200
Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans
266,636
259,735
15,400
Weighted average number of common shares outstanding – Diluted
19,299,193
19,321,056
20,084,600
The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. The weighted average number of common shares outstanding decreased from the previous year in 2010 and 2009 as a result of the Company’s stock repurchase plans, which were authorized by the Board of Directors in 2008 and 2010. See Note 12 for further information.
The following average numbers of stock options are anti-dilutive and therefore are not included in the diluted earnings per share calculation:
Year ended December 31,
2010
2009
2008
Average number of stock options
-
456,250
1,282,250
There are no anti-dilutive stock options in 2010 because the closing price of the Company’s stock on December 31, 2010 exceeded the strike price of all outstanding options on that date.
58
12. Stock Repurchases
In the third quarter of 2010 the Company repurchased shares of its common stock. Details of these purchases are as follows:
Period
Total Number of Shares Purchased
Average Price Paid per Share
Total Number of Shares Purchased as Part of Publicly Announced Program
Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program
8/3/10-8/31/10
339,000
$
14.08
339,000
9/1/10-9/22/10
73,000
$
12.92
73,000
Total
412,000
$
13.83
412,000
$
10,000,000
In 2009, the Company repurchased 2,400 shares of its common stock, representing 0.1% of the then outstanding shares, in the open market at an average price of $6.03 per share.
In 2008, the Company repurchased 1,535,000 shares of its common stock, representing 7.5% of the then outstanding shares, in the open market at an average price of $6.57 per share.
All of these purchases were made with cash held by the Company and no debt was incurred.
At December 31, 2010, $10.0 million remained authorized for share repurchases.
13. Compensation Plans
In 1998, the Company adopted, and in May 1999 the shareholders approved, the 1998 Stock Incentive Plan (the “1998 Plan”) under which employees were granted options to purchase shares of the Company’s Common Stock and stock appreciation rights. The Company reserved 2,000,000 shares for issuance under the 1998 Plan. These options have an exercise price equal to the fair market value of the shares of the Company at the date of grant, become vested ratably over five years, and expire ten years from the date of grant. In April 2007, all reserved shares for which a stock option had not been granted under the 1998 Plan were deregistered. No further stock options or stock will be granted under the 1998 Plan.
On December 18, 2000, the Company adopted, and in May 2001 the shareholders approved, the 2001 Stock Option Plan for Non-Employee Directors (the “2001 Plan”) under which non-employee directors were granted options to purchase shares of the Company’s authorized but unissued stock. The Company reserved 200,000 shares for issuance under the 2001 Plan. Options granted under the 2001 Plan have an exercise price equal to the fair market value of the shares of the Company at the date of grant and expire ten years from the date of grant. Twenty-five percent of the options vest immediately upon grant and the remaining options vest ratably over three years. In April 2007, all reserved shares for which a stock option had not been granted under the 2001 Plan were deregistered. No further stock options or stock will be granted und
er the 2001 Plan.
59
In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the “2007 SIP”) under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units, and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee or the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2010, an aggregate of 1,535,000 shares remain available for grant under the Plan.
Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company’s common stock. The total stock-based compensation cost included in the Statements of Income was $2.6 million, $4.2 million and $0.4 million in 2010, 2009 and 2008, respectively. The 2009 expense was unusually high because performance based stock options and restricted stock units that had been granted over several years vested in 2009 as a result of the operating performance in 2009.
Stock Options
For purposes of determining the fair value of stock option awards, the Company uses the Black-Scholes option pricing model and the assumptions set forth in the table below.
2010
2009
2008
Dividend yield
0.0
%
0.0
%
0.0
%
Expected volatility
40.0
%
41.0
%
47.6
%
Risk free rate of return
4.0
%
4.0
%
4.0
%
Expected lives
6.7 years
8.0 years
7.5 years
The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.
60
The following table summarizes the stock option activity of the Plans:
Shares
Weighted Average Exercise Price
Weighted Average Grant Date Fair Value
Weighted Average Remaining Contractual Life (Years)
Outstanding at December 31, 2007
1,091,250
$
9.44
$
3.91
7.4
Granted
359,000
8.10
4.39
8.4
Exercised
-
-
-
-
Canceled
(30,000
)
13.39
5.64
7.5
Outstanding at December 31, 2008
1,420,250
9.02
3.99
7.0
Granted
115,900
8.69
4.57
9.3
Exercised
(38,000
)
8.73
2.56
4.1
Canceled
-
-
-
-
Outstanding at December 31, 2009
1,498,150
9.00
4.13
7.1
Granted
40,000
9.70
4.80
9.0
Exercised
(366,000
)
8.11
3.15
4.5
Canceled
-
-
-
-
Outstanding at December 31, 2010
1,172,150
9.30
4.46
6.7
Exercisable Options Outstanding at December 31, 2010
878,150
9.46
4.51
6.6
Non-Vested Options Outstanding at December 31, 2010
294,000
$
8.84
$
4.34
6.8
At December 31, 2010, the aggregate intrinsic value of all options, including exercisable options, was $7.5 million.
At December 31, 2010, there was $1.4 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 3.0 years.
Deferred Stock
Deferred stock awards vest based on the passage of time or the Company’s attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.
In 2008, 18,222 deferred stock awards were issued to non-employee directors that vested in April 2009.
In 2009, 13,360 deferred stock awards were issued to non-employee directors that vested in April 2010.
In 2010, 12,902 deferred stock awards were issued to non-employee directors that will vest in April 2011 and 17,331 deferred stock awards were issued to non-employee directors that will vest in April 2013.
Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.3 million, $0.2 million and $0.2 million in 2010, 2009 and 2008, respectively.
61
Restricted Stock Units
Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. The vesting of these RSU’s is dependent on the achievement of various corporate objectives established by the Compensation Committee of the Board of Directors.
During 2010, 76,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.1 million, all of which was recognized in 2010 because the performance objectives were attained and the awards became fully vested.
During 2009, 60,100 restricted stock units were issued. Compensation costs related to these restricted stock units was $0.7 million, all of which was recognized in 2009 because the performance objectives were attained and the awards became fully vested.
14. Operating Segment Information
The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a select number of licensed independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.
Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.
62
The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company’s cost plus a fixed profit percentage.
Year ended December 31,
2010
2009
2008
Net Sales
Firearms
$
251,680
$
266,566
$
174,416
Castings
Unaffiliated
3,526
4,419
7,067
Intersegment
14,677
16,159
10,135
18,203
20,578
17,202
Eliminations
(14,677
)
(16,159
)
(10,135
)
$
255,206
$
270,985
$
181,483
Income (Loss) Before Income Taxes
Firearms
$
48,160
$
46,339
$
18,614
Castings
(1,637
)
(443
)
(2,836
)
Corporate
(2,374
)
(1,536
)
(1,800
)
$
44,149
$
44,360
$
13,978
Identifiable Assets
Firearms
$
82,179
$
66,011
$
63,042
Castings
4,683
4,643
4,842
Corporate
70,899
71,025
44,876
$
157,761
$
141,679
$
112,760
Depreciation
Firearms
$
8,502
$
6,561
$
4,515
Castings
705
739
850
$
9,207
$
7,300
$
5,365
Capital Expenditures
Firearms
$
18,904
$
13,045
$
8,972
Castings
505
774
516
$
19,409
$
13,819
$
9,488
In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11% and Sports South-11%.
In 2009, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-11%; Lipsey’s-11%; Sports South-11% and Big Rock-10%.
In 2008, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-17%; Lipsey’s-12%; Sports South-11% and Davidson’s-10%.
The Company’s assets are located entirely in the United States and domestic sales represent greater than 94% of total sales in 2010, 2009, and 2008.
63
15. Quarterly Results of Operations (Unaudited)
The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2010:
Three Months Ended
4/03/10
7/03/10
10/02/10
12/31/10
Net Sales
$
68,276
$
64,389
$
58,401
$
64,138
Gross profit
23,131
21,740
18,583
20,527
Net income
8,316
8,184
6,041
5,713
Basic earnings per share
0.44
0.43
0.32
0.30
Diluted earnings per share
$
0.43
$
0.42
$
0.31
$
.30
Three Months Ended
4/04/09
7/04/09
10/03/09
12/31/09
Net Sales
$
63,529
$
72,390
$
71,186
$
63,879
Gross profit
19,526
25,032
21,782
21,265
Net income
5,807
8,680
7,108
5,908
Basic earnings per share
0.30
0.46
0.37
0.31
Diluted earnings per share
$
0.30
$
0.45
$
0.37
$
0.30
16. Related Party Transactions
In the first quarter of 2008, the Company made lump sum pension benefit payments to William B. Ruger, Jr., the former Chairman and Chief Executive Officer of the Company, and Stephen L. Sanetti, the former President of the Company. These payments totaled $2.1 million, which represented the actuarially determined present value of the accrued benefits payable to these individuals under the Supplementary Executive Retirement Plan as of the date of payment.
17. Contingent Liabilities
As of December 31, 2010, the Company was a defendant in approximately four (4) lawsuits and a counter-defendant in one lawsuit. The Company is aware of certain other such claims.
Lawsuits involving the Company’s products generally fall into one of two categories:
(i)
Those that claim damages from the Company related to allegedly defective product design and/or manufacture which stem from a specific incident. Pending lawsuits and claims are based principally on the theory of “strict liability” but also may be based on negligence, breach of warranty, and other legal theories; or
(ii)
Those brought by cities or other governmental entities, and individuals against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties in the commission of homicides, suicides and other shootings involving juveniles and adults.
64
As to lawsuits of the first type, management believes that, in every case involving firearms, the allegations are unfounded, and that the shootings and any results therefrom were due to negligence or misuse of the firearms by third-parties or the claimant, and that there should be no recovery against the Company.
The only remaining lawsuit of the second type is the lawsuit filed by the City of Gary. The complaint in that case seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company’s products. Market share allegations have been held inapplicable by the Indiana Supreme Cour
t.
The Indiana Court of Appeals affirmed the dismissal of the Gary case by the trial court, but the Indiana Supreme Court reversed this dismissal and remanded the case for discovery proceedings on December 23, 2003. On November 23, 2005, the defendants filed a motion to dismiss pursuant to the PLCAA. The state court judge held the PLCAA unconstitutional and the defendants filed a motion with the Indiana Court of Appeals asking it to accept interlocutory appeal on the issue, which appeal was accepted on February 5, 2007. On October 29, 2007, the Indiana Appellate Court affirmed, holding that the PLCAA does not apply to the City’s claims. A petition for rehearing was filed in the Appellate Court and denied on January 9, 2008. On February 8, 2008, a Petition to Transfer t
he appeal to the Supreme Court of Indiana was filed. The petition was denied on January 13, 2009 and the case was remanded to the trial court. No trial date has been set.
In addition to the foregoing, on August 18, 2009, the Company was served with a complaint captioned Steamfitters Local 449 Pension Fund, on Behalf of Itself and All Others Similarly Situated v. Sturm, Ruger & Co. Inc., et al. pending in the United States District Court for the District of Connecticut. The complaint seeks unspecified damages for alleged violations of the Securities Exchange Act of 1934 and is a purported class action on behalf of purchasers of the Company’s common stock between April 23, 2007 and October 29, 2007. On October 9, 2009, the Company waived service of a complaint captioned Alan R. Herrett, Individually and On Behalf of All Others Similarly Situated v. Sturm, Ruger & Co. Inc., et al. pending in the United States District Court for the District of Connecticut. This matter is based upon the same f
acts and basic allegations set forth in the Steamfitters Local 449 Pension Fund litigation. On October 12, 2009, a motion to consolidate the two actions was filed by counsel for the Steamfitters. On January 11, 2010, the court entered an order consolidating the two matters. A consolidated amended complaint was filed on March 11, 2010. The defendants, including the Company, filed a motion to dismiss on April 26, 2010 and plaintiffs filed a response on June 18, 2010. Defendants then filed a reply in support of the motion on July 19, 2010. Oral argument was held on November 22, 2010. On February 4, 2011, the Court entered an order granting the motion to dismiss in part and denying it in part. The matter is ongoing and no scheduling order has yet been entered.
Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.
65
The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, it is not reasonably possible that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company’s financial results for a particular period.
Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.
Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because our experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in our product liability accrual on the same basis as actual claims; i.e., an accrual is made for reasonably anticipated possible liability and claims-han
dling expenses on an ongoing basis.
A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $7.7 million at December 31, 2010 and 2009, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.
As of December 31, 2010 and 2009, the Company was a defendant in 1 and 3 lawsuits, respectively, involving its products and is aware of other such claims. As of December 31, 2010 and 2009, there were 1 and 2 ongoing lawsuits, respectively, from which the Company was dismissed, though the dismissals were not final. During the year ended December 31, 2010 and 2009, respectively, 0 and 2 claims were filed against the Company, 1 and 2 claims were dismissed, and 2 and 1 claims were settled.
The Company’s product liability expense was negligible in 2010, and $1.6 million in 2009. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.
66
A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2010 follows:
Balance Sheet Roll-forward for Product Liability Reserve
Cash Payments
Balance Beginning of Year (a)
Accrued Legal Expense (Income) (b)
Legal Fees (c)
Settlements (d)
Balance End of Year (a)
2008
$
1,933
$
176
$
(358
)
$
(7
)
$
1,744
2009
1,744
873
(274
)
(261
)
2,082
2010
2,082
(834
)
(64
)
(162
)
1,022
Income Statement Detail for Product Liability Expense
Accrued Legal Expense (b)
Insurance Premium Expense (e)
Total Product Liability Expense
2008
$
176
$
739
$
915
2009
873
745
1,618
2010
(834
)
843
9
Notes
(a)
The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.
(b)
The expense accrued in the liability is for legal fees only. In 2010, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.
(c)
Legal fees represent payments to outside counsel related to product liability matters.
(d)
Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.
(e)
Insurance expense represents the cost of insurance premiums.
There were no insurance recoveries during any of the above years.
67
18. Financial Instruments
The Company does not hold or issue financial instruments for trading or hedging purposes, nor does it hold interest rate, leveraged, or other types of derivative financial instruments. Fair values of short-term investments, accounts receivable, accounts payable, accrued expenses and income taxes payable reflected in the December 31, 2010 and 2009 balance sheets approximate carrying values at those dates.
19. Subsequent Events
In January, 2011 the Company repurchased 133,400 shares of its common stock, representing 0.7% of the then outstanding shares, in the open market at an average price of $14.98 per share. These purchases were made with cash held by the Company and no debt was incurred.
On February 15, 2011, the Company declared a dividend of 5.0¢ per share to shareholders of record on March 11, 2011.
The Company’s management has evaluated transactions occurring subsequent to December 31, 2010 and determined that there were no events or transactions during that period that would have a material impact on the Company’s results of operations or financial position.
The Company conducted an evaluation, with the participation of its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended, as of December 31, 2010. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer have concluded that as of December 31, 2010, the Company’s disclosure controls and procedures over financial reporting were effective.
Management’s Report on Internal Control over Financial Reporting
The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Securities Exchange Act of 1934. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
The Company conducted an evaluation, with the participation of its Chief Executive Officer and Chief Financial Officer, of the effectiveness of its internal control over financial reporting as of December 31,
68
2010. This evaluation was performed based on the criteria established in “Internal Control — Integrated Framework” issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”).
Management has concluded that the Company maintained effective internal control over financial reporting as of December 31, 2010, based on criteria established in “Internal Control — Integrated Framework” issued by the COSO.
The effectiveness of the Company’s internal control over financial reporting as of December 31, 2010 has been audited by McGladrey & Pullen, LLP, an independent registered public accounting firm, as stated in their report which is included in this Form 10-K.
Changes in Internal Control over Financial Reporting
There were no changes in our internal control over financial reporting that occurred during our most recently completed fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
New York Stock Exchange Certification
Pursuant to Section 303A.12(a) of the New York Stock Exchange Listed Company Manual, the Company submitted an unqualified certification of our Chief Executive Officer to the New York Stock Exchange on May 15, 2007. The Company has also filed, as exhibits to this Annual Report on Form 10-K, the Chief Executive Officer and Chief Financial Officer Certifications required under the Sarbanes-Oxley Act of 2002.
Information concerning the Company’s directors, including the Company’s separately designated standing audit committee, and on the Company’s code of business conduct and ethics required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders scheduled to be held April 27, 2011.
Information concerning the Company’s executive officers required by this Item is set forth in Item 1 of this Annual Report on Form 10-K under the caption “Executive Officers of the Company.”
Information concerning beneficial ownership reporting compliance required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders scheduled to be held April 27, 2011.
Information concerning director and executive compensation required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders scheduled to be held April 27, 2011.
ITEM 12—SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
Information concerning the security ownership of certain beneficial owners and management and related stockholder matters required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders scheduled to be held April 27, 2011.
Information concerning certain relationships and related transactions required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders scheduled to be held April 27, 2011.
Information concerning the Company’s principal accountant fees and services and the pre-approval policies and procedures of the audit committee of the board of directors required by this Item is incorporated by reference from the Company’s Proxy Statement relating to the 2011 Annual Meeting of Stockholders scheduled to be held April 27, 2011.
Financial Statements can be found under Item 8 of Part II of this Form 10-K
(2)
Schedules can be found on Page 82 of this Form 10-K
(3)
Listing of Exhibits:
Exhibit 3.1
Certificate of Incorporation of the Company, as amended (Incorporated by reference to Exhibits 4.1 and 4.2 to the Form S-3 Registration Statement previously filed by the Company File No. 33-62702).
Exhibit 3.2
Bylaws of the Company, as amended.
Exhibit 3.3
Amended and restated Article 3, Section 2 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).
Exhibit 3.4
Amended and restated Article 3, Section 4 and Article 4, Section 5 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).
Exhibit 3.5
Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 26, 2007).
Exhibit 3.6
Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 25, 2008).
Exhibit 3.7
Amendment to Article 5, Section 1 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on February 6, 2009).
Exhibit 10.1
Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1988, as amended by Form 8 filed March 27, 1990, SEC File No. 1-10435).
Exhibit 10.2
Amendment to Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).
71
Exhibit 10.3
Sturm, Ruger & Company, Inc. Supplemental Executive Profit Sharing Retirement Plan (Incorporated by reference to Exhibit 10.4 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).
Exhibit 10.4
Agreement and Assignment of Lease dated September 30, 1987 by and between Emerson Electric Co. and Sturm, Ruger & Company, Inc. (Incorporated by reference to Exhibit 10.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).
Exhibit 10.5
Sturm, Ruger & Company, Inc. Supplemental Executive Retirement Plan (Incorporated by reference to Exhibit 10.5 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1995, SEC File No. 1-10435).
Exhibit 10.6
[Intentionally omitted.]
Exhibit 10.7
Sturm, Ruger & Company, Inc. 1998 Stock Incentive Plan. (Incorporated by reference to Exhibit 10.7 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1998, SEC File No. 1-10435).
Exhibit 10.8
Sturm, Ruger & Company, Inc. 2001 Stock Option Plan for Non-Employee Directors (Incorporated by reference to Exhibit 4 to the Form S-8 Registration Statement filed by the Company File No. 33-53234).
Exhibit 10.9
Agreement and Release, dated as of February 28, 2006, by and between Sturm, Ruger & Company, Inc. and William B. Ruger (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 4, 2006, SEC File No. 1-10435).
Exhibit 10.10
Sale and Purchase Agreement, dated as of September 26, 2006, by and between Sturm, Ruger & Company, Inc. and Ruger Business Holdings, L.P. (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 26, 2006, SEC File No. 1-10435).
Exhibit 10.11
Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).
Exhibit 10.12
Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).
72
Exhibit 10.13
Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).
Exhibit 10.14
Offer Letter, dated as of September 5, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 28, 2006, SEC File No. 1-10435).
Exhibit 10.15
Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).
Exhibit 10.16
Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Christopher John Killoy (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).
Exhibit 10.17
Amended Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).
Exhibit 10.18
Retention and Consultation Agreement, dated December 4, 2007, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler.
Exhibit 10.19
Credit Agreement, dated as of December 14, 2007, by and between the Company and Bank of America (Incorporated by reference to Exhibit 10.18 to the Company’s Current Report on Form 8-K filed with the SEC on December 20, 2007).
Exhibit 10.20
Severance Agreement, dated as of April 10, 2008, by and between the Company and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.21
Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.22
Severance Agreement, dated as of April 10, 2008, by and between the Company and Mark T. Lang (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
73
Exhibit 10.23
Severance Agreement, dated as of April 10, 2008, by and between the Company and Christopher J. Killoy (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.24
Severance Agreement, dated as of April 10, 2008, by and between the Company and Steven M. Maynard Incorporated by reference to Exhibit 10.5 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.25
Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.6 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.26
Severance Agreement, dated as of April 10, 2008, by and between the Company and Leslie M. Gasper (Incorporated by reference to Exhibit 10.7 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.27
Agreement, dated as of April 10, 2008, by and between the Company and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.8 to the Company’s Current Report on Form 8-K/A filed with the SEC on April 30, 2008).
Exhibit 10.28
Severance Agreement, dated as of May 2, 2008 by and between the Company and Kevin B. Reid, Sr. (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on May 5, 2008).
Exhibit 10.29
First Amendment to Credit Agreement, dated as of December 15, 2008, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 22, 2008).
Exhibit 10.30
Second Amendment to Credit Agreement, dated December 11, 2009, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 21, 2009).
Exhibit 23.1
Consent of McGladrey & Pullen, LLP
Exhibit 31.1
Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) of the Exchange Act.
Exhibit 31.2
Certification of Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(a) of the Exchange Act.
Exhibit 32.1
Certification of the Chief Executive Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
74
Exhibit 32.2
Certification of the Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Exhibit 99.1
Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 1999, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.
Exhibit 99.2
Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2007, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
STURM, RUGER & COMPANY, INC.
(Registrant)
/S/ THOMAS A. DINEEN
Thomas A. Dineen
Vice President, Treasurer and
Chief Financial Officer
(Principal Financial Officer)
February 23, 2011
Date
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
/S/ MICHAEL O. FIFER
2/23/11
/S/ JOHN A. COSENTINO, JR.
2/23/11
Michael O. Fifer
Chief Executive Officer, Director
(Principal Executive Officer)
John A. Cosentino, Jr.
Director
/S/ JAMES E. SERVICE
2/23/11
/S/ RONALD C. WHITAKER
2/23/11
James E. Service
Director
Ronald C. Whitaker
Director
/S/ C. MICHAEL JACOBI
2/23/11
/S/ PHILLIP C. WIDMAN
2/23/11
C. Michael Jacobi
Director
Phillip C. Widman
Director
/S/ AMIR P. ROSENTHAL
2/23/11
/S/ THOMAS A. DINEEN
2/23/11
Amir P. Rosenthal
Director
Thomas A. Dineen
Principal Financial Officer,
Principal Accounting Officer, Vice President, Treasurer and Chief Financial Officer
Certificate of Incorporation of the Company, as amended (Incorporated by reference to Exhibits 4.1 and 4.2 to the Form S-3 Registration Statement previously filed by the Company File No. 33-62702).
Exhibit 3.2
Bylaws of the Company, as amended.
Exhibit 3.3
Amended and restated Article 3, Section 2 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).
Exhibit 3.4
Amended and restated Article 3, Section 4 and Article 4, Section 5 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2007).
Exhibit 3.5
Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 26, 2007).
Exhibit 3.6
Amended and restated Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 25, 2008).
Exhibit 3.7
Amendment to Article 5, Section 1 of Bylaws (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed with the SEC on February 6, 2009).
Exhibit 10.1
Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1988, as amended by Form 8 filed March 27, 1990, SEC File No. 1-10435).
Exhibit 10.2
Amendment to Sturm, Ruger & Company, Inc. 1986 Stock Bonus Plan (Incorporated by reference to Exhibit 10.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).
Exhibit 10.3
Sturm, Ruger & Company, Inc. Supplemental Executive Profit Sharing Retirement Plan (Incorporated by reference to Exhibit 10.4 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).
Exhibit 10.4
Agreement and Assignment of Lease dated September 30, 1987 by and between Emerson Electric Co. and Sturm, Ruger & Company, Inc. (Incorporated by reference to Exhibit 10.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1991, SEC File No. 1-10435).
77
EXHIBIT INDEX (continued)
Exhibit 10.5
Sturm, Ruger & Company, Inc. Supplemental Executive Retirement Plan (Incorporated by reference to Exhibit 10.5 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1995, SEC File No. 1-10435).
Exhibit 10.6
[Intentionally omitted.]
Exhibit 10.7
Sturm, Ruger & Company, Inc. 1998 Stock Incentive Plan. (Incorporated by reference to Exhibit 10.7 to the Company’s Annual Report on Form 10-K for the year ended December 31, 1998, SEC File No. 1-10435).
Exhibit 10.8
Sturm, Ruger & Company, Inc. 2001 Stock Option Plan for Non-Employee Directors (Incorporated by reference to Exhibit 4 to the Form S-8 Registration Statement filed by the Company File No. 33-53234).
Exhibit 10.9
Agreement and Release, dated as of February 28, 2006, by and between Sturm, Ruger & Company, Inc. and William B. Ruger (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 4, 2006, SEC File No. 1-10435).
Exhibit 10.10
Sale and Purchase Agreement, dated as of September 26, 2006, by and between Sturm, Ruger & Company, Inc. and Ruger Business Holdings, L.P. (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 26, 2006, SEC File No. 1-10435).
Exhibit 10.11
Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).
Exhibit 10.12
Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).
Exhibit 10.13
Severance Agreement, dated as of September 21, 2006, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the SEC on September 27, 2006, SEC File No. 1-10435).
Exhibit 10.14
Offer Letter, dated as of September 5, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on September 28, 2006, SEC File No. 1-10435).
78
EXHIBIT INDEX (continued)
Exhibit 10.15
Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).
Exhibit 10.16
Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Christopher John Killoy (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).
Exhibit 10.17
Amended Severance Agreement, dated as of December 15, 2006, by and between Sturm, Ruger & Company, Inc. and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on December 19, 2006, SEC File No. 1-10435).
Exhibit 10.18
Retention and Consultation Agreement, dated December 4, 2007, by and between Sturm, Ruger & Company, Inc. and Robert R. Stutler.
Exhibit 10.19
Credit Agreement, dated as of December 14, 2007, by and between the Company and Bank of America (Incorporated by reference to Exhibit 10.18 to the Company’s Current Report on Form 8-K filed with the SEC on December 20, 2007).
Exhibit 10.20
Severance Agreement, dated as of April 10, 2008, by and between the Company and Michael O. Fifer (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.21
Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas A. Dineen (Incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.22
Severance Agreement, dated as of April 10, 2008, by and between the Company and Mark T. Lang (Incorporated by reference to Exhibit 10.3 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.23
Severance Agreement, dated as of April 10, 2008, by and between the Company and Christopher J. Killoy (Incorporated by reference to Exhibit 10.4 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.24
Severance Agreement, dated as of April 10, 2008, by and between the Company and Steven M. Maynard Incorporated by reference to Exhibit 10.5 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
79
EXHIBIT INDEX (continued)
Exhibit 10.25
Severance Agreement, dated as of April 10, 2008, by and between the Company and Thomas P. Sullivan (Incorporated by reference to Exhibit 10.6 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.26
Severance Agreement, dated as of April 10, 2008, by and between the Company and Leslie M. Gasper (Incorporated by reference to Exhibit 10.7 to the Company’s Current Report on Form 8-K filed with the SEC on April 11, 2008).
Exhibit 10.27
Agreement, dated as of April 10, 2008, by and between the Company and Stephen L. Sanetti (Incorporated by reference to Exhibit 10.8 to the Company’s Current Report on Form 8-K/A filed with the SEC on April 30, 2008).
Exhibit 10.28
Severance Agreement, dated as of May 2, 2008 by and between the Company and Kevin B. Reid, Sr. (Incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on May 5, 2008).
Exhibit 10.29
First Amendment to Credit Agreement, dated as of December 15, 2008, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 22, 2008).
Exhibit 10.30
Second Amendment to Credit Agreement, dated December 11, 2009, by and between the Company and Bank of America (Incorporated by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the SEC on December 21, 2009).
Exhibit 23.1
Consent of McGladrey & Pullen, LLP
Exhibit 31.1
Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) of the Exchange Act.
Exhibit 31.2
Certification of Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(a) of the Exchange Act.
Exhibit 32.1
Certification of the Chief Executive Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
Exhibit 32.2
Certification of the Treasurer and Chief Financial Officer Pursuant to Rule 13a-14(b) of the Exchange Act and 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
80
EXHIBIT INDEX (continued)
Exhibit 99.1
Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended September 30, 1999, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.
Exhibit 99.2
Item 1 LEGAL PROCEEDINGS from the Quarterly Report on Form 10-Q of the Company for the quarter ended June 30, 2007, SEC File No. 1-10435, incorporated by reference in Item 3 LEGAL PROCEEDINGS.
Consent of Independent Registered Public Accounting Firm
We consent to incorporation by reference in the Registration Statements (Nos. 333-84677 and 333-53234) on Form S-8 of Sturm, Ruger & Company, Inc. of our reports dated February 23, 2011 relating to our audits of the financial statements, the financial statement schedule and internal control over financial reporting, which appear in this Annual Report on Form 10-K of Sturm, Ruger & Company, Inc. for the year ended December 31, 2010.
I have reviewed this annual report on Form 10-K (the “Report”) of Sturm, Ruger & Company, Inc. (the “Registrant”);
2.
Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Report;
3.
Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects, the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this Report;
4.
The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Report based on such evaluation; and
d)
Disclosed in this Report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
5.
The Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of Registrant’s board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.
I have reviewed this annual report on Form 10-K (the “Report”) of Sturm, Ruger & Company, Inc. (the “Registrant”);
2.
Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Report;
3.
Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects, the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this Report;
4.
The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Registrant and have:
a)
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared;
b)
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c)
Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Report based on such evaluation; and
d)
Disclosed in this Report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
5.
The Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of Registrant’s board of directors (or persons performing the equivalent functions):
a)
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and
b)
Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.
In connection with the Annual Report on Form 10-K of Sturm, Ruger & Company, Inc. (the “Company”) for the period ended December 31, 2010, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Michael O. Fifer, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:
(1)
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)
The information contained in the Report fairly presents, in all material respect, the financial condition and results of operations of the Company.
Date:
February 23, 2011
/S/ MICHAEL O. FIFER
Michael O. Fifer
Chief Executive Officer
A signed original of this statement has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.
In connection with the Annual Report on Form 10-K of Sturm, Ruger & Company, Inc. (the “Company”) for the period ended December 31, 2010, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Thomas A. Dineen, hereby certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:
(1)
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)
The information contained in the Report fairly presents, in all material respect, the financial condition and results of operations of the Company.
Date:
February 23, 2011
/S/ THOMAS A. DINEEN
Thomas A. Dineen
Vice President, Treasurer and
Chief Financial Officer
A signed original of this statement has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.
EX-101.INS
7
rgr-20101231.xml
XBRL INSTANCE DOCUMENT
00000950292008-01-012008-12-310000095029us-gaap:AdditionalPaidInCapitalMember2008-01-012008-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2008-01-012008-12-310000095029us-gaap:RetainedEarningsMember2008-01-012008-12-310000095029us-gaap:TreasuryStockMember2008-01-012008-12-310000095029us-gaap:CommonStockMember2008-01-012008-12-3100000950292009-01-012009-12-310000095029us-gaap:AdditionalPaidInCapitalMember2009-01-012009-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2009-01-012009-12-310000095029us-gaap:RetainedEarningsMember2009-01-012009-12-310000095029us-gaap:TreasuryStockMember2009-01-012009-12-310000095029us-gaap:CommonStockMember2009-01-012009-12-3100000950292009-12-310000095029us-gaap:NonvotingCommonStockMember2009-12-310000095029us-gaap:CommonClassAMember2009-12-3100000950292010-06-3000000950292010-01-012010-12-310000095029us-gaap:AdditionalPaidInCapitalMember2010-01-012010-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2010-01-012010-12-310000095029us-gaap:RetainedEarningsMember2010-01-012010-12-310000095029us-gaap:TreasuryStockMember2010-01-012010-12-310000095029us-gaap:CommonStockMember2010-01-012010-12-3100000950292010-12-310000095029us-gaap:NonvotingCommonStockMember2010-12-310000095029us-gaap:CommonClassAMember2010-12-3100000950292011-02-1800000950292007-12-3100000950292008-12-310000095029us-gaap:AdditionalPaidInCapitalMember2007-12-310000095029us-gaap:AdditionalPaidInCapitalMember2008-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2007-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2008-12-310000095029us-gaap:RetainedEarningsMember2007-12-310000095029us-gaap:RetainedEarningsMember2008-12-310000095029us-gaap:TreasuryStockMember2007-12-310000095029us-gaap:TreasuryStockMember2008-12-310000095029us-gaap:CommonStockMember2007-12-310000095029us-gaap:CommonStockMember2008-12-310000095029us-gaap:AdditionalPaidInCapitalMember2009-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2009-12-310000095029us-gaap:RetainedEarningsMember2009-12-310000095029us-gaap:TreasuryStockMember2009-12-310000095029us-gaap:CommonStockMember2009-12-310000095029us-gaap:AdditionalPaidInCapitalMember2010-12-310000095029us-gaap:AccumulatedOtherComprehensiveIncomeMember2010-12-310000095029us-gaap:RetainedEarningsMember2010-12-310000095029us-gaap:TreasuryStockMember2010-12-310000095029us-gaap:CommonStockMember2010-12-31iso4217:USDxbrli:sharesiso4217:USDxbrli:shares10-Kfalse2010-12-312010FYSTURM RUGER & CO INC0000095029--12-31NoNoYesAccelerated Filer27056500018703900181483000270985000255206000138730000183380000171224000495000239000-105700017189000218220002351700012867000203870001665200029216000437010004058900013537000439040004339300014100049000042900040500011800048000-42000600042200044100045600075600063000158000143000139780004436000044149000-463900020600004930005312000168570001589400086660008666000275030002750300028255000282550000.431.441.480.431.421.460.310.3395516000114480000760690006560300018360002442000-13389000-229850008483400093500000-20000000-3015300022788000227990008031000-20362000115187000-30167000228270009885000-19648000137125000-35885000230030001907278018837251-2800028000-176000176000617000606000110004205000420500025890002589000101530001015300014000140005718000571800014120001412000808000808000-9596000-9596000262300026230007140007140005882000160800046000058160005816000631700063170001535400240141221342753000876050008398200050080005132000510600096880005074100052493000250490003156500027270001545000386630003744800096580009827000984110001052240001340570001503790001013240001074580003273300042921000434500041730001416790001577610001289000010923000154300058200012011000164920003303400033339000121940009369000228270002300300080310009885000-30167000-35885000-20362000-19648000115187000137125000111150000400000005000040000000228266012300328537538214166034141679000157761000111820004668900032491000536500073000009207000467000420500025890009500045000-2200010173000-7600006516000-863000-2042000-888000-199500021320001333000153300021500003932000948800013819000194090009500051000210002553000-45951000-2114000010153000140005718000141200080800058160006317000-9153000-5418000-112270004582000-468000012400051048000488200005443000489300058930004780000619000054430001744160002665660002516800002062000706700044190003526000-8400001492000420000-189000339000-106000057309000450980001632140001000000-10000001147000449000935000573000-1367000-1367000-9300003012600028969000142700031340004896000-19670001649660007728100045363000-962000-26280003760000
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">1.          Summary of Significant Accounting Policies</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Organization</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for the year ended December 31, 2010 were from the firearms segment. Export sales represent less than 6% of firearms sales. The Company’s design and manufacturing operations are located in the United States and most product content is domestic. The Company’s firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers’ representatives, were approximately 1% of the Company’s total sales for the year ended December 31, 2010.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Preparation of Financial Statements</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company follows United States generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Revenue Recognition</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company’s experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses in the Statement of Income. Taxes on revenue producing transactions are excluded from net sales.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Cash and Cash Equivalents</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Short-term Investments</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Short-term investments consist principally of United States Treasury instruments, all maturing within one year, and are recorded at cost plus accrued interest, which approximates fair value. The income from short-term investments is included in other income, net. The Company intends to hold these investments until maturity.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Accounts Receivable</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company’s evaluation. Bad debt expense has been immaterial during each of the last three years.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Inventories</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The majority of the Company’s inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Property, Plant, and Equipment</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Maintenance and repairs are charged to operations; replacements and improvements are capitalized.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Long-lived Assets</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash fl
ows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Income Taxes</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of “temporary differences” by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company’s assets and liabilities.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Product Liability</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Advertising Costs</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company expenses advertising costs as incurred. Advertising expenses for the years ended December 31, 2010, 2009, and 2008, were $2.3 million, $2.7 million, and $2.3 million, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Shipping Costs</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $3.0 million, $2.7 million, and $2.6 million in 2010, 2009, and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Research and Development</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, 2009, and 2008, the Company spent approximately $3.2 million, $2.0 million, and $1.5 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Earnings per Share</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Reclassifications</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Certain prior year balances have been reclassified to conform to current year presentation.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">3.          Inventories</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Inventories consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Finished products</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,833</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,623</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Materials and products in process</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">41,442</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">43,698</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">47,275</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">48,321</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Adjustment of inventories to a LIFO basis</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(37,448</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(38,663</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,827</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,658</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">During 2010 and 2009, inventory quantities were reduced. These reductions resulted in liquidations of LIFO inventory quantities carried at lower costs prevailing in prior years as compared with the current cost of purchases, the effect of which decreased costs of products sold by approximately $2.3 million and $5.1 million in 2010 and 2009, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">5.          Other Assets</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other assets consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Patents, at cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,689</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,504</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Less: accumulated amortization</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,342</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,112</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,826</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,953</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,173</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,345</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.2 million, $0.3 million and $0.2 million in 2010, 2009 and 2008, respectively. The estimated annual patent amortization cost for each of the next five years is $0.2 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">6.          Trade Accounts Payable and Accrued Expenses</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade accounts payable and accrued expenses consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade accounts payable</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,597</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,812</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accrued expenses</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,895</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,199</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,492</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,011</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">15.          Quarterly Results of Operations (Unaudited)</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2010:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold"> </font></div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="52%" style="border-right: medium none; border-top: medium none; border-bottom: 4px; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: 4px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="15" valign="bottom" width="2%" style="border-top: medium none; border-bottom: 4px; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: bold">Three Months Ended</font></font></td>
</tr><tr>
<td valign="bottom" width="52%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">4/03/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">7/03/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">10/02/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">12/31/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,276</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,389</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">58,401</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,138</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Gross profit</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">23,131</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,740</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,583</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,527</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,316</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,184</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,041</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,713</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Basic earnings per share</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.44</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.43</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.32</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Diluted earnings per share</font></div>
</td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.43</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.42</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.31</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="52%" style="border-right: medium none; border-top: medium none; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="15" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Three Months Ended</font></td>
</tr><tr>
<td valign="bottom" width="52%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">4/04/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">7/04/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">10/03/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">12/31/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">63,529</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">72,390</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">71,186</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">63,879</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Gross profit</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,526</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">25,032</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,782</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,265</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,807</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,680</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,108</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,908</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Basic earnings per share</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.46</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.37</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.31</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Diluted earnings per share</font></div>
</td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.45</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.37</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2.          Trade Receivables, Net</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade receivables consist of the following:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade receivables</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">32,469</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">25,750</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for doubtful accounts</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(277</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(209</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for discounts</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(627</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(492</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">31,565</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">25,049</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, the largest individual trade receivable balances accounted for 15%, 15%, 12%, 12%, 11% and 10% of total trade receivables, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, the largest individual trade receivable balances accounted for 16%, 14%, 13%, and 13% of total trade receivables, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">4.          Property, Plant and Equipment</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Property, plant and equipment consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Land and improvements</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,266</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,194</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Buildings and improvements</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">26,609</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">24,535</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Machinery and equipment</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">97,514</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">87,052</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Dies and tools</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">24,990</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,276</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">150,379</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">134,057</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">17.          Contingent Liabilities</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">As of December 31, 2010, the Company was a defendant in approximately four (4) lawsuits and a counter-defendant in one lawsuit. The Company is aware of certain other such claims.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Lawsuits involving the Company’s products generally fall into one of two categories:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div>
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(i)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Those that claim damages from the Company related to allegedly defective product design and/or manufacture which stem from a specific incident. Pending lawsuits and claims are based principally on the theory of “strict liability” but also may be based on negligence, breach of warranty, and other legal theories; or</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(ii)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Those brought by cities or other governmental entities, and individuals against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties in the commission of homicides, suicides and other shootings involving juveniles and adults.</font></div>
</td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">As to lawsuits of the first type, management believes that, in every case involving firearms, the allegations are unfounded, and that the shootings and any results therefrom were due to negligence or misuse of the firearms by third-parties or the claimant, and that there should be no recovery against the Company.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The only remaining lawsuit of the second type is the lawsuit filed by the City of Gary. The complaint in that case seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company’s products. Market share allegations have been held inapplicable by the Indi
ana Supreme Court.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Indiana Court of Appeals affirmed the dismissal of the <font style="display: inline; text-decoration: underline">Gary</font> case by the trial court, but the Indiana Supreme Court reversed this dismissal and remanded the case for discovery proceedings on December 23, 2003. On November 23, 2005, the defendants filed a motion to dismiss pursuant to the PLCAA. The state court judge held the PLCAA unconstitutional and the defendants filed a motion with the Indiana Court of Appeals asking it to accept interlocutory appeal on the issue, which appeal was accepted on February 5, 2007. On October 29, 2007, the Indiana Appellate Court affirmed, holding that the PLCAA does not apply to the City’s claims. A petition for rehearing was filed in the Appellate Court and denied on January 9, 2008. On February 8, 20
08, a Petition to Transfer the appeal to the Supreme Court of Indiana was filed. The petition was denied on January 13, 2009 and the case was remanded to the trial court. No trial date has been set.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In addition to the foregoing, on August 18, 2009, the Company was served with a complaint captioned Steamfitters Local 449 Pension Fund, on Behalf of Itself and All Others Similarly Situated v. Sturm, Ruger & Co. Inc., et al. pending in the United States District Court for the District of Connecticut. The complaint seeks unspecified damages for alleged violations of the Securities Exchange Act of 1934 and is a purported class action on behalf of purchasers of the Company’s common stock between April 23, 2007 and October 29, 2007. On October 9, 2009, the Company waived service of a complaint captioned Alan R. Herrett, Individually and On Behalf of All Others Similarly Situated v. Sturm, Ruger & Co. Inc., et al. pending in the United States District Court for the District of Connecticut. This matter
is based upon the same facts and basic allegations set forth in the Steamfitters Local 449 Pension Fund litigation. On October 12, 2009, a motion to consolidate the two actions was filed by counsel for the Steamfitters. On January 11, 2010, the court entered an order consolidating the two matters. A consolidated amended complaint was filed on March 11, 2010. The defendants, including the Company, filed a motion to dismiss on April 26, 2010 and plaintiffs filed a response on June 18, 2010. Defendants then filed a reply in support of the motion on July 19, 2010. Oral argument was held on November 22, 2010. On February 4, 2011, the Court entered an order granting the motion to dismiss in part and denying it in part. The matter is ongoing and no scheduling order has yet been entered.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.</font></div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, it is not reasonably possible that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company’s financial results for a particular period.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because our experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in our product liability accrual on the same basis as actual claims; i.e., an accrual is made for reasonably anticipated possible liability an
d claims-handling expenses on an ongoing basis.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $7.7 million at December 31, 2010 and 2009, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">As of December 31, 2010 and 2009, the Company was a defendant in 1 and 3 lawsuits, respectively, involving its products and is aware of other such claims. As of December 31, 2010 and 2009, there were 1 and 2 ongoing lawsuits, respectively, from which the Company was dismissed, though the dismissals were not final. During the year ended December 31, 2010 and 2009, respectively, 0 and 2 claims were filed against the Company, 1 and 2 claims were dismissed, and 2 and 1 claims were settled.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company’s product liability expense was negligible in 2010, and $1.6 million in 2009. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.</font></div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2010 follows:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Balance Sheet Roll-forward for Product Liability Reserve</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="85%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"> </td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="6" valign="bottom" width="26%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Cash Payments</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="25%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance Beginning of Year (a)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accrued Legal Expense (Income) (b)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Legal Fees (c)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Settlements (d)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance End of Year (a)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="25%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,933</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">176</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(358</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(7</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,744</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="25%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,744</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">873</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(274 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(261 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,082</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="25%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,082</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(834 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(64 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(162 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,022</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Income Statement Detail for Product Liability Expense</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="59%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="37%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%" style="padding-bottom: 1px"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Accrued Legal Expense (b)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Insurance Premium Expense (e)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Total Product Liability Expense</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="37%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="37%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">176</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">739</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">915</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="37%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="37%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">873</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">745</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,618</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="37%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="37%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(834 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">843</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Notes</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div>
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The expense accrued in the liability is for legal fees only. In 2010, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Legal fees represent payments to outside counsel related to product liability matters.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(d)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(e)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Insurance expense represents the cost of insurance premiums.</font></div>
</td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">There were no insurance recoveries during any of the above years.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">7.          Line of Credit</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In December 2007, the Company established an unsecured $25 million revolving line of credit with a bank. This facility is renewable annually and now terminates on December 12, 2011. The credit facility remained unused at both December 31, 2010 and 2009 and throughout 2010. Borrowings under this facility would bear interest at LIBOR (0.78% at December 31, 2010) plus 200 basis points and the Company is charged three-eighths of a percent (.375%) per year on the unused portion. At December 31, 2010 and 2009, the Company was in compliance with the terms and covenants of the credit facility.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">12.          Stock Repurchases</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In the third quarter of 2010 the Company repurchased shares of its common stock. Details of these purchases are as follows:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Period</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="13%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total Number of Shares Purchased</font></div>
</td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="13%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Average Price Paid per Share</font></div>
</td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total Number of Shares Purchased as Part of Publicly Announced Program</font></div>
</td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">8/3/10-8/31/10</font></div>
</td>
<td align="right" valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="12%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">339,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="12%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14.08</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">339,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">9/1/10-9/22/10</font></div>
</td>
<td align="right" valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="12%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">73,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="12%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12.92</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">73,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total</font></div>
</td>
<td align="right" valign="bottom" width="2%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="12%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">412,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="12%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13.83</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">412,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,000,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, the Company repurchased 2,400 shares of its common stock, representing 0.1% of the then outstanding shares, in the open market at an average price of $6.03 per share.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2008, the Company repurchased 1,535,000 shares of its common stock, representing 7.5% of the then outstanding shares, in the open market at an average price of $6.57 per share.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">All of these purchases were made with cash held by the Company and no debt was incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">At December 31, 2010, $10.0 million remained authorized for share repurchases.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">13.          Compensation Plans</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 1998, the Company adopted, and in May 1999 the shareholders approved, the 1998 Stock Incentive Plan (the “1998 Plan”) under which employees were granted options to purchase shares of the Company’s Common Stock and stock appreciation rights. The Company reserved 2,000,000 shares for issuance under the 1998 Plan. These options have an exercise price equal to the fair market value of the shares of the Company at the date of grant, become vested ratably over five years, and expire ten years from the date of grant. In April 2007, all reserved shares for which a stock option had not been granted under the 1998 Plan were deregistered. No further stock options or stock will be granted under the 1998 Plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">On December 18, 2000, the Company adopted, and in May 2001 the shareholders approved, the 2001 Stock Option Plan for Non-Employee Directors (the “2001 Plan”) under which non-employee directors were granted options to purchase shares of the Company’s authorized but unissued stock. The Company reserved 200,000 shares for issuance under the 2001 Plan. Options granted under the 2001 Plan have an exercise price equal to the fair market value of the shares of the Company at the date of grant and expire ten years from the date of grant. Twenty-five percent of the options vest immediately upon grant and the remaining options vest ratably over three years. In April 2007, all reserved shares for which a stock option had not been granted under the 2001 Plan were deregistered. No further stock options or s
tock will be granted under the 2001 Plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the “2007 SIP”) under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units, and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee or the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2010, an aggregate of 1,535,000 shares remain available for grant under the Plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company’s common stock. The total stock-based compensation cost included in the Statements of Income was $2.6 million, $4.2 million and $0.4 million in 2010, 2009 and 2008, respectively. The 2009 expense was unusually high because performance based stock options and restricted stock units that had been granted over several years vested in 2009 as a result of the operating performance in 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Stock Options</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">For purposes of determining the fair value of stock option awards, the Company uses the Black-Scholes option pricing model and the assumptions set forth in the table below.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Dividend yield</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected volatility</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">40.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">41.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">47.6 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Risk free rate of return</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected lives</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.7 years</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.0 years</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.5 years</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following table summarizes the stock option activity of the Plans:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="40%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Shares</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted Average Exercise Price</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted Average Grant Date Fair Value</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted Average Remaining Contractual Life (Years)</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2007</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,091,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.44</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3.91</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.4</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Granted</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">359,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.39</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.4</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Exercised</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Canceled</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(30,000 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13.39</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.64</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.5</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2008</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,420,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.02</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3.99</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.0</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Granted</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">115,900</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.69</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.57</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.3</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Exercised</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(38,000 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.73</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2.56</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.1</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Canceled</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2009</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,498,150</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.00</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.13</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.1</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Granted</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">40,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.70</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.80</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.0</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Exercised</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(366,000 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.11</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3.15</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.5</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Canceled</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2010</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,172,150</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.30</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.46</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.7</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Exercisable Options Outstanding at December 31, 2010</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">878,150</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.46</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.51</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Non-Vested Options Outstanding at December 31, 2010</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">294,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.84</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.34</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.8</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">At December 31, 2010, the aggregate intrinsic value of all options, including exercisable options, was $7.5 million.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">At December 31, 2010, there was $1.4 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 3.0 years.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Deferred Stock</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred stock awards vest based on the passage of time or the Company’s attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2008, 18,222 deferred stock awards were issued to non-employee directors that vested in April 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, 13,360 deferred stock awards were issued to non-employee directors that vested in April 2010.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, 12,902 deferred stock awards were issued to non-employee directors that will vest in April 2011 and 17,331 deferred stock awards were issued to non-employee directors that will vest in April 2013.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.3 million, $0.2 million and $0.2 million in 2010, 2009 and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Restricted Stock Units</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. The vesting of these RSU’s is dependent on the achievement of various corporate objectives established by the Compensation Committee of the Board of Directors.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">During 2010, 76,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.1 million, all of which was recognized in 2010 because the performance objectives were attained and the awards became fully vested.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">During 2009, 60,100 restricted stock units were issued. Compensation costs related to these restricted stock units was $0.7 million, all of which was recognized in 2009 because the performance objectives were attained and the awards became fully vested.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">8.          Employee Benefit Plans</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Defined-Benefit Plans</font>                       </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">                    </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company sponsors two qualified defined-benefit pension plans that cover substantially all employees. A third defined-benefit pension plan is non-qualified and covered certain executive officers of the Company. The Company also sponsors a defined-contribution 401(k) plan that covers substantially all employees.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrue benefits under them effective December 31, 2007. This action “froze” the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees’ individual 401(k) accounts.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Minimum cash contributions of $1.7 million were required for the defined-benefit plans for 2010. The Company contributed $2 million to the defined-benefit plans in both 2010 and 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans’ assets and the then-applicable discount rates used to calculate the plans’ liabilities.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company plans to contribute approximately $2 million in 2011, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $0.2 million per year, which includes PBGC premiums, actuary and audit fees, and other expenses.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The measurement dates of the assets and liabilities of all plans presented for 2010 and 2009 were December 31, 2010 and December 31, 2009, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In the first quarter of 2009, the Company settled $2.1 million of pension liabilities through the purchases of group annuities. This transaction resulted in an insignificant actuarial gain.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Summarized information on the Company’s defined-benefit pension plans is as follows:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Obligations and Funded Status at December 31</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Change in Benefit Obligation</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefit obligation at beginning of year</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">60,326</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Service cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Interest cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,576</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,735</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Actuarial loss</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,694</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,821</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefits paid</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,617 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(4,742 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefit obligation at end of year</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,793</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Change in Plan Assets</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fair value of plan assets at beginning of year</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">43,380</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Actual return on plan assets</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,940</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">11,154</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Employer contributions</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,155</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,154</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefits paid</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,617 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(4,742 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fair value of plan assets at end of year</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">59,424</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Funded Status</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Funded status</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(9,369 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(12,194 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Unrecognized net actuarial loss</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">31,691</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">32,841</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Unrecognized prior service cost</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net amount recognized</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">22,322</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,647</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 9pt; text-indent: -9pt"> </div>
<div style="display: block; text-indent: 0pt">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Weighted Average Assumptions for the years ended December 31,</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Discount rate</font></div>
</td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.75</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.25</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected long-term return on plan assets</font></div>
</td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.00 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.00 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Rate of compensation increases</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Components of Net Periodic Pension Cost</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Service cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Interest cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,576</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,735</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected return on assets</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(4,127 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(3,361 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Recognized gains</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,031</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,253</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Prior service cost recognized</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net periodic pension cost</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">480</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,633</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Amounts Recognized on the Balance Sheet</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accrued benefit liability</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(9,369</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(12,194</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accumulated other comprehensive loss, net of tax</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,648</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,362</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred tax asset</font></div>
</td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,043</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,479</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">22,322</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,647</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Weighted Average Assumptions as of December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Discount rate</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.25 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.75 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Rate of compensation increases</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Information for Pension Plans with an Accumulated Benefit Obligation in excess of plan assets</font></font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Projected benefit obligation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,793</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accumulated benefit obligation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,793</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fair value of plan assets</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">59,424</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Pension Weighted Average Asset Allocations as of December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Debt securities</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">26 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">29 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Equity securities</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">65 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Real estate</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Money market funds</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">100 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">100 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The estimated future benefit payments for the defined-benefit plans for each of the next five years and the total amount for years six through ten, are as follows: 2011-$3.0 million, 2012-$3.2 million, 2013-$3.4 million, 2014-$3.6 million, 2015-$3.8 million and for the five year period ending 2020-$20.8 million.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company determines the expected return on plan assets based on the target asset allocations. In addition, the historical returns of the plan assets are also considered in arriving at the expected rate of return.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company recorded an additional minimum pension liability adjustment, net of tax, which increased comprehensive income by $0.7 million and $2.6 million in 2010 and 2009, respectively, and decreased comprehensive income by $9.6 million in 2008.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Plan Assets</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans. The pension plans are not invested in the common stock of the Company.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company adopted the provisions of ASC 820.10 which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. The Company has determined that all financial assets of both its defined-benefit pension plans are level 2 in the fair value hierarchy established by ASC 820.10. The valuation of level 2 assets are based on inputs, other than quoted prices in active markets, that are either directly or indirectly observable for the assets.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The disclosures focus on the inputs used to measure fair value. The following is a description of the valuation methodologies used to measure the plans’ assets at fair value:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-style: italic; text-decoration: underline">Pooled separate accounts</font>: Valued at the net asset value (“NAV”) of units held by the plans at year end, which is determined by aggregating the quoted market values of the underlying assets.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-style: italic; text-decoration: underline">Money market funds</font>: Valued at the NAV of shares held by the plans at year end, which is generally intended to approximate one dollar per share.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following table sets forth the defined-benefit plans’ assets at fair value:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Pooled separate accounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Equity securities:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">U.S. small cap equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,190</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,929</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">U.S. mid-cap equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,987</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14,659</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">U.S. large-cap equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,700</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,342</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">International equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,866</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,502</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Domestic real estate funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,013</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,439</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fixed income securities:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Corporate bond funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">15,615</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">15,014</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Money market fund</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">53</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">61</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">59,424</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Defined-Contribution Plans</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $1.8 million, $1.8 million and $1.3 million in 2010, 2009 and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Additionally, in 2010, 2009 and 2008 the Company provided supplemental discretionary contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying base compensation established annually. The cost of these supplemental contributions totaled $1.8 million, $1.7 million and $1.4 million in 2010, 2009 and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Non-Qualified Plan</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company also sponsors a non-qualified defined-contribution plan, the Supplemental Executive Retirement Plan, which covered certain of its salaried employees. In the first quarter of 2008, the Company made lump sum benefit payments to two participants in this plan. These payments, which totaled $2.1 million, represented the actuarially determined present value of the participants’ accrued benefit as of the date of payment. Only one participant, who is retired, remains in this plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">9.          Other Operating Expenses (Income), net</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other operating expenses (income), net consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Loss (gain) on sale of operating assets (a)</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">22</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(45</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(95</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Frozen defined-benefit pension plan expense (income)</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">398</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,537</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(745 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total other operating expenses (income), net</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">420</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,492</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(840</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td align="left" valign="top" width="95%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">The gain on sale of operating assets was generated primarily from the sale of used machinery and equipment related to firearms.</font></div>
</td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">10.          Income Taxes</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. With few exceptions, the Company is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2006.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Federal and state income tax provision consisted of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="26%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="6" valign="bottom" width="22%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="6" valign="bottom" width="22%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="6" valign="bottom" width="22%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">  <font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="26%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">Current</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">Current</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">Current</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="26%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Federal</font></div>
</td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">11,675</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,112</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,572</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">230</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,298</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,057</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="26%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">State</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="9%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,814</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="9%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">293</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="9%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,005</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="9%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">50</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="9%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">721</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="9%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">236</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="26%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14,489</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,405</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,577</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">280</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,019</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="9%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,293</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The effective income tax rate varied from the statutory federal income tax rate as follows:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Statutory Federal income tax rate</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">35.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">35.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">35.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">State income taxes, net of Federal tax benefit</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.5</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.5</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Domestic production activities deduction</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2.7 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2.1 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2.1 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other items</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(0.9 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Effective income tax rate</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">36.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">38.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">38.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Significant components of the Company’s deferred tax assets and liabilities are as follows:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Deferred tax assets:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Product liability</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">368</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">791</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Employee compensation and benefits</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,222</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,527</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowances for doubtful accounts and discounts</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">859</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">732</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Depreciation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">213</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Inventories</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">603</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,114</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Additional minimum pension liability</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,043</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,479</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Stock-based compensation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,840</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">939</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Asset impairment charges</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">117</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">122</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Product safety modification charges</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">32</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">34</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">95</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">253</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total deferred tax assets</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,179</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,204</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Deferred tax liabilities:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Pension plans</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,134</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,919</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Depreciation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">629</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">193</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">202</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total deferred tax liabilities</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,956</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,121</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net deferred tax assets</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,223</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,083</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Changes in deferred tax assets relating to the additional minimum pension liability are not charged to expense and are therefore not included in the deferred tax provision; instead they are charged to other comprehensive income.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company made income tax payments of approximately $14.6 million, $18.9 million, and $0.0 million, during 2010, 2009, and 2008, respectively. The Company expects to realize its deferred tax assets through tax deductions against future taxable income or carry back against taxes previously paid. In 2009, the Company received a tax refund of $1.4 million related to the exercise of stock options in prior years.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company does not believe it has included any “uncertain tax positions” in its federal income tax return or any of the state income tax returns it is currently filing. The Company has made an evaluation of the potential impact of additional state taxes being assessed by jurisdictions in which the Company does not currently consider itself liable. The Company does not anticipate that such additional taxes, if any, would result in a material change to its financial position. However, the Company anticipates that it is more likely than not that additional federal and state tax liabilities in the range of $0.2 million to $0.4 million exist. The Company has recorded $0.4 million relating to these additional federal and state income taxes. These amounts are included in income taxes payable at December 31, 2
010 and 2009. The Company has included interest and penalties related to uncertain tax positions as a component of its provision for taxes.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">11.          Earnings Per Share</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Numerator:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net income</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">28,255</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">27,503</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,666</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Denominator:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted average number of common shares outstanding – Basic</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,032,557</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,061,321</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,069,200</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">266,636</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">259,735</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">15,400</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted average number of common shares outstanding – Diluted</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,299,193</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,321,056</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,084,600</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. The weighted average number of common shares outstanding decreased from the previous year in 2010 and 2009 as a result of the Company’s stock repurchase plans, which were authorized by the Board of Directors in 2008 and 2010. See Note 12 for further information.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following average numbers of stock options are anti-dilutive and therefore are not included in the diluted earnings per share calculation:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Average number of stock options</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">456,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,282,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">There are no anti-dilutive stock options in 2010 because the closing price of the Company’s stock on December 31, 2010 exceeded the strike price of all outstanding options on that date.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">14.          Operating Segment Information</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a select number of licensed independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company’s cost plus a fixed profit percentage.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">251,680</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">266,566</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">174,416</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Unaffiliated</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,526</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,419</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,067</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Intersegment</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14,677</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,159</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,135</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,203</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,578</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">17,202</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Eliminations</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(14,677 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(16,159 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(10,135 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">255,206</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">270,985</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">181,483</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Income (Loss) Before Income Taxes</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">48,160</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">46,339</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,614</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,637 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(443 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,836 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Corporate</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,374 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,536 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,800 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">44,149</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">44,360</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,978</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Identifiable Assets</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">82,179</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">66,011</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">63,042</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,683</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,643</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,842</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Corporate</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">70,899</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">71,025</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">44,876</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">157,761</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">141,679</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">112,760</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Depreciation</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,502</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,561</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,515</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">705</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">739</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">850</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,207</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,300</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,365</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Capital Expenditures</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,904</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,045</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,972</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">505</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">774</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">516</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,409</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,819</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,488</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11% and Sports South-11%.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-11%; Lipsey’s-11%; Sports South-11% and Big Rock-10%.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2008, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-17%; Lipsey’s-12%; Sports South-11% and Davidson’s-10%.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company’s assets are located entirely in the United States and domestic sales represent greater than 94% of total sales in 2010, 2009, and 2008.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">18.           Financial Instruments</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company does not hold or issue financial instruments for trading or hedging purposes, nor does it hold interest rate, leveraged, or other types of derivative financial instruments. Fair values of short-term investments, accounts receivable, accounts payable, accrued expenses and income taxes payable reflected in the December 31, 2010 and 2009 balance sheets approximate carrying values at those dates.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">16.          Related Party Transactions</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In the first quarter of 2008, the Company made lump sum pension benefit payments to William B. Ruger, Jr., the former Chairman and Chief Executive Officer of the Company, and Stephen L. Sanetti, the former President of the Company. These payments totaled $2.1 million, which represented the actuarially determined present value of the accrued benefits payable to these individuals under the Supplementary Executive Retirement Plan as of the date of payment.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">19.           Subsequent Events</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In January, 2011 the Company repurchased 133,400 shares of its common stock, representing 0.7% of the then outstanding shares, in the open market at an average price of $14.98 per share. These purchases were made with cash held by the Company and no debt was incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">On February 15, 2011, the Company declared a dividend of 5.0¢ per share to shareholders of record on March 11, 2011.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company’s management has evaluated transactions occurring subsequent to December 31, 2010 and determined that there were no events or transactions during that period that would have a material impact on the Company’s results of operations or financial position.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 12pt; font-family: times new roman">Schedule II—Valuation and Qualifying Accounts</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font size="3"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">(In Thousands)</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-style: italic"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center">
<div align="left">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="36%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. A</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. B</font></div>
</td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="4" valign="bottom" width="22%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. C</font></div>
</td>
<td valign="top" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. D</font></div>
</td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. E</font></div>
</td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr>
<td valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="4" valign="bottom" width="22%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">ADDITIONS</font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="36%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Description</font></div>
</td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance at Beginning of Period</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1)</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Charged (Credited) to Costs and Expenses</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2)</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Charged to Other Accounts–Describe</font></div>
</td>
<td valign="top" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deductions</font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance at End of Period</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr>
<td align="left" valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deductions from asset accounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for doubtful accounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; padding-bottom: 1px; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2010</font></div>
</td>
<td valign="bottom" width="3%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">209</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">277</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; padding-bottom: 2px; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2009</font></div>
</td>
<td valign="bottom" width="3%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">126</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">92</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">9</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">209</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2008</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">127</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">126</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for discounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2010</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">492</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,520</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,385</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">627</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2009</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">449</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,869</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,826</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">492</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2008</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">233</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,370</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,154</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">449</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Excess and obsolete inventory reserve:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2010</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,727</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,057</font></div>
</td>
<td align="left" valign="bottom" width="1%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">125</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,545</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2009</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,569</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">239</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,081</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,727</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2008</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,143</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,163</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,737</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,569</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)           Accounts written off</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)           Discounts taken</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)           Inventory written off</font></div>
EX-101.PRE
8
rgr-20101231_pre.xml
XBRL PRESENTATION LINKBASE DOCUMENT
EX-101.CAL
9
rgr-20101231_cal.xml
XBRL CALCULATION LINKBASE DOCUMENT
EX-101.DEF
10
rgr-20101231_def.xml
XBRL DEFINITION LINKBASE DOCUMENT
EX-101.LAB
11
rgr-20101231_lab.xml
XBRL LABEL LINKBASE DOCUMENT
EX-101.SCH
12
rgr-20101231.xsd
XBRL SCHEMA DOCUMENT
01 - Document - Document and Entity Informationlink:presentationLinklink:definitionLinklink:calculationLink02 - Statement - Balance Sheetslink:presentationLinklink:definitionLinklink:calculationLink03 - Statement - Balance Sheets (Parentheticals)link:presentationLinklink:definitionLinklink:calculationLink04 - Statement - Statements of Incomelink:presentationLinklink:definitionLinklink:calculationLink05 - Statement - Statements of Stockholders' Equitylink:presentationLinklink:definitionLinklink:calculationLink06 - Statement - Statements of Stockholders' Equity (Parentheticals)link:presentationLinklink:definitionLinklink:calculationLink07 - Statement - Statements of Cash Flowslink:presentationLinklink:definitionLinklink:calculationLink08 - Disclosure - Summary Of Significant Accounting Policieslink:presentationLinklink:definitionLinklink:calculationLink09 - Disclosure - Trade Receivables, Netlink:presentationLinklink:definitionLinklink:calculationLink10 - Disclosure - Inventorieslink:presentationLinklink:definitionLinklink:calculationLink11 - Disclosure - Property, Plant And Equipmentlink:presentationLinklink:definitionLinklink:calculationLink12 - Disclosure - Other Assetslink:presentationLinklink:definitionLinklink:calculationLink13 - Disclosure - Trade Accounts Payable And Accrued Expenseslink:presentationLinklink:definitionLinklink:calculationLink14 - Disclosure - Line Of Creditlink:presentationLinklink:definitionLinklink:calculationLink15 - Disclosure - Employee Benefit Planslink:presentationLinklink:definitionLinklink:calculationLink16 - Disclosure - Other Operating Expenses (Income), Netlink:presentationLinklink:definitionLinklink:calculationLink17 - Disclosure - Income Taxeslink:presentationLinklink:definitionLinklink:calculationLink18 - Disclosure - Earnings Per Sharelink:presentationLinklink:definitionLinklink:calculationLink19 - Disclosure - Stock Repurchaseslink:presentationLinklink:definitionLinklink:calculationLink20 - Disclosure - Compensation Planslink:presentationLinklink:definitionLinklink:calculationLink21 - Disclosure - Operating Segment Informationlink:presentationLinklink:definitionLinklink:calculationLink22 - Disclosure - Quarterly Results Of Operations (Unaudited)link:presentationLinklink:definitionLinklink:calculationLink23 - Disclosure - Related Party Transactionslink:presentationLinklink:definitionLinklink:calculationLink24 - Disclosure - Contingent Liabilitieslink:presentationLinklink:definitionLinklink:calculationLink25 - Disclosure - Financial Instrumentslink:presentationLinklink:definitionLinklink:calculationLink26 - Disclosure - Subsequent Eventslink:presentationLinklink:definitionLinklink:calculationLink27 - Schedule - Schedule Valuation and Qualifying Accountslink:presentationLinklink:definitionLinklink:calculationLinkGRAPHIC
13
img001.jpg
GRAPHIC
begin 644 img001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D
M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`,
M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\``$0@!TP)8`P$1``(1`0,1`?_$`)D``0`"`P$!`0``````
M```````%!@,$!P(!"`$!`````````````````````!```00!`P$#!0L&!PT%
M!P4``@`!`P0%$1(&(3$3!T%1(C(487%"4B,SI-05%E:!D6*2LW72)#14E`@8
MH7*"HK)39'2T)287.$-STU65L6.#DT2$-?#!X>1E$0$`````````````````
M````_]H`#`,!``(1`Q$`/P#]4H"`@("`@("`@("`@("`@("`@("`@("`@("`
M@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`
M@("`@(""J9/Q1X3C<^.#N7W"WJ0S3-%*5:$QV>A-8$7BC+Y4>A%TUZZ:L@VL
M_P`_XI@;HTLE;(++@TLD<,$]CNHBU9I9WA"1H@?:_I'HR#)G><<9PD%6:];<
M_;AWTXJL4MN66-M'>0(ZXRFX,Q,[EIH@\V^><3JX.OFSOC)C[9/'4*`))I)I
M&UUCCAC$I2-MKZBPZMH^J#>P/(L/GJ3W<58[^$3>.1G$XY(Y!9G<)(Y&$P)M
M6]$F9T$B@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`
M@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@XOG[=;C>9R.;P=ZOD<+
M6^U[&:P5N)]S6.]JO;@AD]$N\E(A>,#$FU[.A-H%[S5>MEFR]#`9:+"YM@B/
M,3M7"27NY(7:'O6DV^CL["9^FCL@J?A==&QR##RO7"A4/BM>#%U&)RT:K;DC
MF>(B](HR%H3%^W:[:H-;C,LY>(-"W))#]D3Y?D88]Q?T2ETKB+@_8[D\=A^C
M^=!+'1UZ5LJMAXRG&W^25N26\57ER]5B[NP48ON)]FT
MS;3TC#NVV$_8@SY[A/$N06(+.:Q-:]8K.W
M05(*F9Q=>[7J_P`F"0&^2;HVD;MHXMZ+=&0?;_#^+7\)'@[F*K38B%F:"D\8
MM''M9V9P9M-CMJ_4>J#;PV$Q&$Q\>/Q-2*E2BU<((181U?M=].UW\KN@W4$!
MQ/YW._O6?]G&@GT!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$%9IW^79.2[+2E
MQ]>M7MSU8HYH)I)-()'CW$0S1MZ6W7HR#9[GG7\\Q?\`1;'UA`[GG7\\Q?\`
M1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\
MQ?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[G
MG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'U
MA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`
M1;'UA`[GG7\\Q?\`1;'UA`[GG7\\Q?\`1;'UA!#0^(=3&E_\`V@D&_G,S!AL;+D)X+-F.)Q9X:4$EF=]SL/HQ1,1OV]>B"J_\WF,U?%0U0MRSQQ0S&Q$Y:A
M9@D(9PC$19]8QU];JVB##1Y[<>+)27J,?=U(\C9JR5Y7)I8,>\7K,8CM(^_;
M1!ZDY[?[PFAPSG'ONM'(5D`UCQQ[)I'9A)VU?U&ZN_ET;J@E^.P78J(L1:/H)
MG,Q:LSZ-Y'0:D/B-)+?AHMA[#V&D>*X$>^;NOXW)48A**,XW;="1OO(-!\[Z
MLP3>'Y$5[CGVY;KMCZQ1%9!CD:5V@8-^\]C=.FKZ-KT]WH@B^!\BR62&Q7R\
MFW(AMD]DDC:*>,7`'/<(:BT>\_DG=]Q#V]=4&?%W,W?.3*E?C@I1VYJS8QXA
MT[N&9X?3D=^\[TG%R'1V'JS;?*@V>-\F/,$XR5/97.K7OUM)&DWUK>_NG+T0
MVG\D^X>K-YW09\_DK-*3%-`[,-J\%>?5M=8WBD-V;S/J#((2ESZY;"E$&([N
M_DXJ]BA7DL#L>*S'-*SRR"!;"8:Q]&$O)UZOH%MK22R01G-%W,I"SG$[L6TO
M*VX>CZ(,B#\Y>)O_`%:\`_U,/\JT@_1J`@("`@("`@("`@("`@("`@("`@("
M`@("`@(""`XG\[G?WK/^SC03Z`@("`@("`@("`@("`@("`@("`@("`@(""!X
M=_).83)6H[5RH,MB-F!I=2%R`7!J3OL/4>K]$&K;X1Q:WW[6:`R#
M:D.6P#E)M,I189&<6+3:;"VX?5?1G=M4&ZV"Q#?_`$H=&G;L?LMENG_^875T
M'QL#C@FAFKB58X7B=^Y)Q8P@C....3XP"TC]//H@RGB,:<=B(JX.%N1IK#?&
ME9A9CU\A,P#H[=FB"*O\'P-@;
MK.Q=4'G$<%P>/KU0*/O[%8Y)6F9RC8CEE*=]P"6TA&0W<6/=I[Z":AQ]&&@.
M/C@!J01]R-?34.[TV[-'\FG1!H8SB/'<7=]NHTABNO&\)6=QG(4;NQ;",R)R
M$7;T6?U?)IJZ#)]VL%]IOD_8P:XY=X1LY,)2::=X4;/W92:,S;W'=[J#[C^-
MX7';_8JW<]X0$6AF_P`V[N`-J3[0'5]`;T6\R#+#AZ84Z=:7?::BXE!+8)SD
MWB+BQD7E+0GZH->?BO'YX`@.F+!%%%!$X$<9A'!N[H0,'$QVM(3='['=D&_5
MI5JH"%<.[`0&,09WT80UVLS._NH,R#\Y>)O_`%:\`_U,/\JT@_1J`@("`@("
M`@("`@("`@("`@("`@("`@("`@(""`XG\[G?WK/^SC03Z`@("`@("`@("`@(
M"`@("`@("`@("`@(""!X=_)G"J#/M
M?1VS6NG3_4T'Y\\'.=_UB[//:L62K9/+5'BG3Q<_!5#_`-;_`/Z:#'S"W*&0BELW(HI8J<>M)W[D>XJUB/
MY.:75F$8RC+L;HS$@B+W.,[BL9E+'VG'8MU[ETXZ<\48&$5<1,*QEW@MN=CZ
M,(N9?!;1G02=CE_)J_?3R25_9YY;L5=NY)O9@J78ZW?2$Y^GI'*YEZK>CYM4
M$4'.,MCZ821Y&&^G*QD
M:U$K5.[8@D&$P(GBD[F.M$_>;N]3W-UU\FB"Q^)5Z>OC*D,)"'?3ZR/-.5
M6`PBC(WB.87$A<]/0;67@?=.3"&G
M8VG35W0:MCG_`"(:TUH2K1VVKF0X@XR>0-,7[:UDO3:3N^_^2TVZ>[N03<6=
MS%7E5;$7\A7F&06%HX86WF3@YN1AWO>Q?HDPD#MVDQ(([DMF>+F6]K44T[QP
MP4<8)V([`:A-(=@`8VAD8>TO0+H.FK.@A*%VD94HI\B?V)(%0\C*5N1HVME2
MLG*)S;]0+O0CU#L_P"SC03Z`@("`@("`@("`@J,N=SC8JQR09XQH5RE_P!TO%Z9
M1PR/&3/+NW-,6WHVFFO33RH-GQ$O92GQ6Y)C97BLO'(VZ,P"QM:$S?V=Y'8.
M\;;KU^"SZ==$$1#8RTO%Z$]7.6[-]B>&I$4,44TUD9G9X[;;7U"(6V2N+#Z+
M$6NNB!B\UGK62[ZS<.C7NS7ZM3_4C?>^K.P]$$YP^
MY>DBO4\@,YPA,6*+O#A^2-S](FV]C/M?JR"(/+9]KEW'6+NAS
MY>"D$T("+P034AG(8=S%J^YG](]>WWM`L'%[MJUCI6LR/-)5MVJC3/HQ&-:<
MXA(]&9MSB#;M&[4$N@("`@("`@@>'?R7)?O2_P#[02">0$!`0?"$2TW,SZ/J
MVK=CH&P-==K:ZZZZ>7SH/KB+MH[-IYO?0?-@=/1;T?5Z=GDZ(#B+Z:LSZ=GN
M(!")-H3,3>9^K(/NC=>G;U=!\(1)M"9B;S/U0-@[MVC;M--=.NGF0-H[MVC;
MM--WET0-H[F+1MS=&?RH/G=1[7'8VUWU=M&T=T'I`0$'YR\3?^K7@'^IA_E6
MD'Z-0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`00'$_G<[^]9_V<:"?0$!
M`0$!`0$!`08;UVK1I6+MN1H:M6,YIY2Z,,<8N1$_O,R#E&'X3EN2\.L\H&Q-
MC^4YBY]O8<3DD:"NPN+TH):^[NB$H@'O=1UU)W[607+"9+$^('#98[U3[9JEN/6.:+U-+1CE*Z#QV0D9SC(3]=N[)W!M_P`+1O2\NJ#-
M0PV-H1#%4B>,1-Y=7,R(C=G'4S(B(^CZ>D[_`-QD"SA,79"T$U<2:Z0R679R
M$B,!$`-B%V(2$0'1Q=G;1!GITZU.M'6JQM%!&V@`W]UW=^KN_:[OU=!F0$!`
M0$!`00/#OY+DOWI?_P!H)!/("!JW3W>Q`0:%_/X+'2C#D,E5IS$.\8[$T<1.
M.KMN9C)GTU;M0;P&)BQ@[$),SB3/JSL_8[.@^H"#R\L32#&YBTA:[0=VU?;I
MKHWN:H/2`@("`@("`@("#\Y>)O\`U:\`_P!3#_*M(/T:@("`@("`@("`@("`
M@("`@("`@("`@XQE;>8;Q%:/.\AR/'KA2W!PI"W^Z3KM)7:HVUQ[J8I!NVK5W*Y7E%S#X:G&!U(L?*-48M@N\LM@R$^]=R?H+^BS-
MV.Z"D7[_`#?*5>,QYB#D#".+FM7Y./.]:::PU:=BL-#CTW;O0[!]%!C^Z_BO\`CJM_
MZ+%]909LQ@.4S9B[$XK,\4M@C'Y1C>/H;=G1MWET01`XC
MEM:\=?%37:]:O48,/`<;O'W8T6``GD>9JXG[5J[_`"+GT];;V!(14,O:.G]G
M?:U6M%';,PN3F+E9$(NXW]X9R/'OW/M)]-=?@]H1$%3F@<;,99,E8M2RQL^@
M3Q%%*,);R$?:WFE`Y=&^=`&[=-&=!BH8SF<#V3:'(1V;!#8RA=X^V3?6I-+W
M'IN+'Z$XMW>FC]GP4&\&/Y?*%JS">2BC@A<\-7EF-BW/9=Q:<2)R,FB\DCNV
MC]?)H'2$!`0$!`0$!`0?G+Q-_P"K7@'^IA_E6D'Z-0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0,Y.*]%/:G`WN5*]PJ[R5XMI"!O\`)%W1
MOZC=NNC:AO[CV.V[U>K/J@GN)'.N>R^;YW+UBR]M07U!CLUJ]JM+6L
MQC-7G`HYHC;42`VVD),_:SLZ"B<'LV.+YN3P^R,A'6C`K7$KDCZO-0%_3J$3
M]LM1WV^['M?R.@OZ`@("`@("`@("`@@>'?R7)?O2_P#[02">0$!`0$!`0$!`
M0$!`0$!`0$!`0?G+Q-_ZM>`?ZF'^5:0?HU`0$!`0$!`0$!`0$!`0$!`0$!`0
M$!`0$!`0$!!`<3^=SO[UG_9QH)]`0$!`0$!`0$%,\4\G<#!0*QE3&4HVBITH0KUXV[!CC%A%OS,@VD!
M!6^><3/D6'$:E_\`V@D$
M\@((^ER##7KDE.I:"6Q%JY`VO5A?0G!W;0V%^C[7?1!(((?)\GJT5!XK\AK38*;,-!,,5<9GFKNP
M/*Q5B(9`;:3@3L0.S.Q:/Y'082YA@PORTRE)GBI?:)S[7[KN&;<^A?&878MN
MG8@R5N5X">I)9>[#"T``=N.20&.!S[!ET)V8M>G;VH/;W9"F%2S[&9V"&,2E[H)?0=WZMM
MD9!JV^<\>IUK$]B?N^XFDKC"3@TDIQ.+%W0N7IMZ;:(-V+D>$DLQU'NP#[X&PWW-U09I
M.98\#K2/!/\`9EE@VY9Q`:PO+'WL;/N)I'W#HVX0<=7TU[4&SA^0ULG*<(P3
M5I>[&Q$$["SR5Y'=@F'81Z"3L_0M";RLR#3^^^)9I))(YHZVPY*EEQ%PLM$;
M1GW3"3DVAFS>FPZZZMTZH)/$Y:/(Q2OW,E:Q7/NK56;8YQGM8]KO&1@^HDS^
MB3H-Y`0$!`0$!`0$!`00'$_G<[^]9_V<:"?0$!`0$!`0$!!0N.?\2^(N7Y&7
MIXSCS%@\-Y1*P^AY"\+;#K^B2"^H"`@(.?>T@=\38&.KS&L#.
M_P`@+Z0Y!A;X=;723SQ_WK(+_%+'+$$L1M)%(+$!B[.)"3:L[.W:SL@]("`@
M("`@("`@@>'?R7)?O2__`+02#?SN!Q.=QDN,RL'M-&9Q>6'<8:[78F]('$NU
MO.@JC^!_A:[:?88_TBU_XJ#-8\.*V5I4:0#
M;78#OT'1G?JZ##_R/\+?_(Q_I%K_`,5!*9_B4^0>.&N5-J+0!5V6:_>S0L#E
M\K!-N8V/1VT8M6U;7SH/-7A(U[4,_M#&\-JY:U(-3)[X@G+7$Y9<+DL>,X$]ZZ=W
M24'*(A*897@E!G].,V'8?G9W0.)<:R.'JW*F0N1WJ<[C[+6&,@"O%MVO7%B,
MV*,?@N[;OC:H-(?#R%L+'0*[(4XVN^DN/ZYPN+5RA?WZ@#%K[FON(-6CX<'3
MKVXHRK2'ZM&63VIR$7F[[J[3MW6A,VG<;?\`]D"UX?YFS'W4F3B%IHF]MF&(
M]\THMZ'>"Y]V6WI\IM[S1NI(-@N"7++Y.S=MP^W96I;K3/%$7=QE:"&/<&XG
M+:PUVU9WZNZ"TP25ZMJ.S+#*#&,C1B3;79_=+5!!'P`ZAS286
M2M5[R>Q)'7*%^Y"*W!##(S-&0ON9X-S/V=4&K+X;70KG6J9")HIP[BL9.NT`O6I4J[/&,9D--I6W%MDFW=)!]+7\FC(+B@_.7B;_P!6O`/]
M3#_*M(/T:@("`@("`@("`@((;E^*LY3CURG6"*::2,MM>P+%%+H+_)EJS[=W
MD)NK=J"NU..\TK\8QF'B>M)6>%VRD,]F891$A9FJQ3=W.6QFU8C?TO-IY`EI
M<5G[.8@]HJTGPU6,1J0C-([QR%"X2&43PL,FWO:_0,/%N+Y/&79L
MC;>/VB2"&F-<+$T\0PQ2$;E&\HLX,W>/MC9NFG4G\@:K\)RIU@I/8BCKT8;$
M%&87(CF&U()F,X[18&VAL?83ZL[OZ/8@G.,8:?%U)XY`AKC/,\T5"L[E!79Q
M9G",B&-WW$+F_HMU)T$R@("`@("`@("`@((#B?SN=_>L_P"SC03Z`@("`@("
M`@K?B'R2QQ_BMJW2'O,M9<*6(@\LEVT310#IYF(MQ?HLZ#;X=QN#C7&,=A(2
M[SV.)AFF?MEF)W.:4O=DD(B?WT$R@("`@\30PSPR0S`,D,HN$D9LQ"0DVCB[
M/VL[(*#PJ:;B.?/@%\R+'2`=KA]J1]=U47UEHD3]LE75MOGC=OBN@Z"@("`@
M("`@("#D7./%*WX5,P9'`392ME[UV>G/1E8BVE(TND@$#;'TDT[7[$%2_MD8
MS\&97]8/X*!_;(QGX,ROZP?P4#^V1C/P9E?U@_@H']LC&?@S*_K!_!0/[9&,
M_!F5_6#^"@?VR,9^#,K^L'\%`_MD8S\&97]8/X*!_;(QGX,ROZP?P4#^V1C/
MP9E?U@_@H']LC&?@S*_K!_!0/[9&,_!F5_6#^"@?VR,9^#,K^L'\%`_MD8S\
M&97]8/X*!_;(QGX,ROZP?P4#^V1C/P9E?U@_@H']LC&?@S*_K!_!0/[9&,_!
MF5_6#^"@?VR,9^#,K^L'\%`_MD8S\&97]8/X*"F5/$-_$7^LAPG/5L-;QE>H
M#5)`LMNU(6G/=N%F9FTDT0?KU`0$!`0$!`0$!`0$!`0?EZ[XC^-N9\>((>+Q
MM9XY!/+4J1@Q_9EBI$;#9FDG=M",2Z.0^J3;1U\H?J%`0$!`0$!`0$!`0$!!
M`<3^=SO[UG_9QH)]`0$!`0$!`04*5_O/XIQP^OB>%1][)\4\M=CTC;W>XK$[
M^XYL@OJ`@("`@(*]SGB;6IR#0Y5FI>"
MM7D;5J<)M_\`4V![7^`'I=KL@NV+Q>.Q6.K8W'5PJT:<8PUJ\;:"`"VC,R#:
M0$!`0$!`0$!`0$!`00'$_G<[^]9_V<:"?0$!`0$!`017*N0T^.<N83BT+9+TLWDI),EFI//#Q`Q\9'2<`J\OJ1MJ\E,7TCNB+=LE1W]+SQN7F
M9!?:\\%B".Q!(,L$PC)%*#L0D!-J)"[=K.SH/:`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@(""C\VYCF/M0.'\0@:UR:W&QVKA:/7Q=
M>1]&LV/C$_7NX^TG;S()_B/%<;Q?"18NCNDT(I;5N5]TUFQ(^Z6>8OA'(75_
MS=B"90$!`0$!`0$!`0$!`0$$!Q/YW._O6?\`9QH)]`0$!`0$!!0N6_\`$G.\
M+Q,/3Q^*VY[.MVB_=%LH0%_?S:RNWFC07U`0$!`0$!`0>9(XY8RCD%CC-G$P
M)F<2%VT=G9^UG0<_XA))PWD9<$MD_P!C6VDM>/
MI\%!T)`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$%6Y
MUS"?"PU<9B(1O[^CJS?*6)W;U8(6?<9>\+=70;'">'U^,XLXBF*
M]EKTCVLSE9&^5M6C]:0O,+>J`=@BS,R"PH"`@("`@("`@I.1\6R]>N4E.O)`48R`9,^Y]CS"QN(NP^7RZ!OYKQ`QV-RDF,@Q^1R]NL,
MPU<)6<@>4M0;4A'5A'4M/(@QW/$G`QT\=8QT%S-R92%[52IC8'EF>
MN+L)RF)O&T8B1,+[W9]>FFJ#W8\1<#'AZF1@BMW9;TLE>IC*\!%=.>#=WT3P
MEL<"BV%OWNS-YT$EQSDM#/5II:T<]:>M)W-RE;C>&Q#)M8]L@/KVB3.SL[L[
M=CH)9!`<3^=SO[UG_9QH)]`0$!`0$&"]=JT*5B];D:&K5C.:>4NP8XQ
M9D%0\*Z5N;$V^5Y&-X\IRN?[1.,_6BJ:;*4#_P#=P,+O^D3H+L@("`@("`@(
M""`YOQ2+DV".D,SU,C7,;6)R`^O6N0ONAF'W&?H3?"%W;RH,/`N5R\AQ$C7H
M6J9_&2O2SE!G^9M1LVKCYXY!=I(R\HN@LJ`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@(""$YARS'<7PIY*X)S&Y#!2I0MNGM69'TBKPC\(S
M+\W:_1D$5P3B>1J36N3OI%\,O2?R(+@@
M("`@("`@("`@X?R?D&(X_P`HNY7C65>KDJ99%[G&;3`0V;Q257[J"(G&4"N[
MF(3`G9WZZ>L@OW*.<8['77PM"U2J0NGH1MU+
M3R#U05_CS<9XGS.G&V5KA@[&`"#%VY98QBFG@N2R6R:75HR,RL"9,SH(G!7X
M:O+\=R:]?BBX[D;3R(+3DX,I-"(XZW'3E8M3DEA>
M=G'3L86DBT]_5!5N'4N2M
MW5!?T!`0$!`0$!`0$!!H6,!A;&7K9B>E#)DZ@''6MD`O(`R;=S,7;\!O_P!.
M@U\AP_B62M%;R.$H7;1Z,=BQ5AED?1M&U,Q,/%U#QL/6&
MB4$3P`^N[T8G'8W7KT9!LV<;CK5-Z-FK#/2<6!ZLD8G$XMT8=A,XZ?D0>ZM2
MK4KA6J0A7KQ-MCAB%@`6\PB+,S(,J"`XG\[G?WK/^SC03Z`@("`@.[,SN[Z,
MW5W=!0O#AGSV6S?.Y6UBRDGLU^#C*1$(F/F[^=Y)/>VH+Z@("`@("`@("`
M@(/A")BXDS$)-H0OU9V?R.@Y[Q4BX3R=^%62=L!DWDM<1G+U8G;T[&-=W_S>
MO>0^<-6^"@Z&@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@^&8
M@+F;L("SN1.^C,S=KNZ#FU("\2\['E)A?[@8:?=BX";TU8;_N:[&6OGT06K%XVGB\;5QM*-HJ=*
M((*\;=@QQBPBWYF0;*`@("`@("`@("`@((+FG%*W)\#+CI)2JV@(;&.OQ_.5
MK<+[H9P?S@7;YVU;RH-7@/*K.=Q8^W[,@-O*7_U!-ZH^CVN@Z#5JUJE:*K5B&"M``QPP
MQLP@``V@B+-T9F9D&5`0$!`0$!`0$!`0$!`0$!`0$$!Q/YW._O6?]G&@GT!`
M0$!!0N-_\2^(>7Y(7IXWC[%@\*_:)3ZL>0G'_#VPZ_H$@OJ`@("`@("`@("`
M@("`@H7/:-OC^5A\0<1"4LE*-J_):,3:E:QC/N>01;MFJO\`*!YQW#Y607:C
M>IWZ4%ZE,-BI:C&:O.#ZB<9MN$A?S.SH,Z`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@(""C\WY%EKF3BX3Q6;N\]=C[W)9)F8AQE$GT>MC\3`U_E.8(H,+CG?1B-F].>9VZA!"S[I"_(W5T&?A'#X
M>-8R0)9WOYB_(]K-961M)+5HF](W^*`^K&'8(]$%B0$!`0$!`0$!`0$!`0$!
M`0$!`0$$!Q/YW._O6?\`9QH)]`0$!!0I/^)_%,(_7Q'"HN\/RB>6NQZ`WF?V
M>L3O[CF@OJ`@("`@("`@("`@("`@(""%YCQ:IR?`3XJSRH-#P_Y3;S./L4\E9M@]&U[4'W#:"2*.1M7;6,C9MS=/(@Q%RW"!;FKRRG$T(22>T21F,!M"[#
M*TJ#6J9*$Y(-X'$6R:"8"BEC+35F.,V8AU%V=O.R#<0$!`
M0$!`0$!`0$!`0$!`0$!`0$!`00W+N58[C&%ER=UCE?<,-2G$VZ:S9D?;%7A'
MX1R%T;\[]$$/P3BF2K3V>4_]G[Z/VC_,[FW]FOJZZ]B#W%+%*&^(QD#5VW"[.VK/H_5D`I(Q8G(F
M9@;4W=V;1NW5_,@^@8&`F!,0$S.),^K.S]6=G9!]0$!`0$!`0$!`0$$!Q/YW
M._O6?]G&@GT!`017*^15..<ZZ"-\-^/6\
M)Q:`NXV8?A2UGUDB\_I#Y4%ELRU<_QOO\
M:4%ZK?A"6J9N7=2`6AB^X'8AU;L)NHOU\B"I<=XWR&7PTFQMN(X[D<48!')!+&[[
MG>2,-C:-MTZ]"9!ZXO@[>)LR>SXX,9CHXHZWV?!()QRRB;-[2&K^B+1]/2T-
M_*W1M0U,OB^09ZW>CM8XJ@Q!)#B9REA.':T@&\AL!/(QS=WHWH^@/ON@F^/T
MKPV\ED[D'LDF2DC,:A$)G&,,0Q>F0.0:EMUZ.Z":0$!`0$!`0$!`0$!`0$!`
M0$!`0$!!JY7*X[$XVSD\E8"K0IQE-9L2/H(`+:N[H*3Q'%9'E.:CYWR&`Z\,
M8D/$\-,VCU:\C:/;F#^W5!T!`0$!`04CQBBC/A-LY2<(HFD,R*/O
MJ_S,C#[0&K/W>YVT=M=I[7\B#'-A:A\9PDX8[V0J=^E[+2CW]S$WVC&[S11O
MHXL8:D.YM0!]O3J@CLQUS:O)%.`A(0ZA'$.
MION9_([.@GN$!0JS7_97CDIS%",.0"%JPS2Z&YQ=R`@&L6GK,/771]7%!%Y3
M&/7FY*,<B!F]*-NFC:=$%CX.!!@]-/DWGF*"
M1A>.*2,C=PDAB?7NHB;U0\GN]J"P("`@("!JVNFO5_(@("`@(""`XG\[G?WK
M/^SC03Z`@(*#RS_B3GN%XH/IX[$[<]G6[1=XR<*%:-!?D!`0$!`
M0$!`0$!`0$!`0$!`0$'/>,8[/\PSR6*<6@2
M,4?I#('8P[M$%XQ62AR5&.W$)`)N0G&?0@DC)PD`M/*)BXN@VD!`0$!`0$!`
M0$!`0$!`0$!`0$!`0$!`0?"(1%R)V$1;4B?HS,R#F]8"\2\['?E9W\/\-/NQ
M\3^KEKL):>T$WPJL!M\FW89MN[&9!TE`0$!`0$'F6**:(HI0&2(V<3C-F(29
M^CL[/T=D'I`05RYR#(5\K]A[(RR-MWDH3]>Z:#X12MKJQAH^@_#\GPM`L;:Z
M=>KH"`@("`@(.(Y_\0?;.6GDZLDAWI<7R2E-(]>O5>2M[.&P"((1B;49>
M]BVD[ZN[Z]`LGC#'R8*5"[7R[T\1#D\0#TJP;9K!2Y"*.1IYG?I%M+H`,VK]
MKZ=$'SQ,X]F,YR;'#]WYL]A*5*8^XCO?9X/6M_HR:$VGDZ(+1P9PQ_(
M.2\8KRSRX[$'3EI#8D.9X1MP.10C)(Y&0B4>YM2?3=H@L^3S&+Q<(S9&R%6(
MRV"%5"W)B+?*5Y7/]I2QGZT55VVTJ[_\`
M=P,.OZ3N@NR`@("`@("`@("`@("`@("`@(""&NX/(MVZL-N*H^9!=4!`0$!`0$!`0$!`0$!`0$!`0$!!@R$LD-"S-$<<@F!,&@B
M[N(D/FZ(/5SGTD,_&*AY(*Q'["65*068[!6XM6C'4=&;X9./ET;SL@LM8,F'
M+-@7Y;D'2`8S>@,^N[O/3'O=CMM`G%_2?H%R\/I+L`#CK3G`S4:UFM
MCW>*2**&3<(]V<81;&]#;W6CL.G0GU07-`0$!`0$!!@O7Z6/IS7;T\=6G7%Y
M)[$Q,$8`W:1$6C,R"@OF>5<_=X>.G-@.'D^DO(3%PO70\K4(S;Y*,O\`/FVK
M_`'RH+92XCA:>);&1!(43,&D\DAR6-T3,T9=\3N>X&9MKZH)EFT;3M0$!`0$
M!`08<6'D.%AQ@V/9!AN4K8GLW]*5F.QLTU'UNZVZ^1!BY%QWD%O(Q9/`YQ\5<
M&'V::&>#VNI(&]C8GA[R';(/5F,2['T=G01LWAS/#4J38C+/3Y#5M6;QY66`
M)@GGNCML=]`SQML/T=&$F<=HZ/T03'%N-V,0-VS?O/DLODY1GOW>[:`'<(QB
M`(XAYW]ZS_LXT$^@(*'XF$6;N8;@<#ZMG97L9
MG3X.*IN)SL^G9WYN$+?WSH+V(B(L(LPB+:"+=&9F0?4!`0$!`0$%&\3,KG*;
MXR+'W)J%>6%PC?0YHRK;9R=WU8?EBT`7[.U_,$%/G>403'AV.Q+?LW@A@8VJQ66K%6F
ME><'9C@&,Y:Q"&YB(1UU;71!-QY7*GP\;D,Q6+K2/#8L=R(R1B-EX9R:(7,2
MDA!BZ#JQ$/1NNB"OAG>39$7^SY[O;DC"*"2)WBL1.Q=)C?T
M0'7:W9J@Z!1L0V:5>Q#(\L,T8212DVCD)"SB3MHW:S^9!F0$!`0$!`05#GW&
M,C<]DY'Q[:'*\'N.CN?:%J`NL]&9_B3,WHO\$V8D$QQ3D^.Y-@J^7H;ACFU"
M:O(VV6">-]LL$H_!DC-G$F02Z`@("`@("`@("`@("`@("`@("`[,[.SMJS]'
M9T$5AN+X3#5K=:A7:.&[-+/8%^NXIBMV(.797*8#*Y6SQSPXFCEY#DCL!G,M7EDEAQL)%MLSR-O<._
M,O1A%NTNO8*#H/'>'\?X_C:./QU5@CH1R10RGZ;5^B"(H>'-K.7(625O>%F07YF9F9F;1F[&0$!`0$!`0$!`0$!`0$!!`<3^=
MSO[UG_9QH)]`=V9G=WT9NKNZ"A>&[/G2MK'EI&HX/7X.+I$0@8^;OYG
MDE]UMJ"^H"`@("`@(""@\FY%X99CFF/X7D\@#CW$VWO(]OJ[2[L?)Y$&E'Q'`1TSJ!
M7(8S(28VFF[T'#H'=S;^]C8&=V%@)F%NC=J#8EP&)EQY8XH':D4;1=R!F#,+
M%N8A<29Q/=UWL^[7KJ@PR<4P4E:*N=FYZ=XTLN[O)6/1M[&3L
M6C:]B"5`!`6`&81%F819M&9F[&9D'U`0$!`0$!`0<\Y)'+P7DM6JUB(8)(!+4)IA?
MMD?X+?!Z]7U0=O0$!`0$!!\,P`",R80%G(B)]&9FZN[NZ"@6>8Y[EUB3&\"V
MQ8X">.]S"<-]8';H04(WT]IE;X_S8^1F03J`@("`@("`@("`@("`@(""`XG\[G?WK/^SC03Z"E^
M*F2N-@Z_',9(\>8Y3.V+JF/K10R,Y6[#?]S78RU\^B"UXS&T\9C:N.I1M%3I
MQ!!7B;L&.,6$6_,R#90$!`0$!!'YSD&$P.//(9F]#CZ4?K3SFP#KY!;7UB?R
M,W5!3_O;SCE7R?#\9]DXHNGWDS41`Y#\:K0?9*?N%+L'W'041_ZI'&YN:Q\A
MO9R_:B,2L71TUO9Y?RNQ('WN\1L7TSG$'O0CZUS!6H[&K>?V:Q[/+^1G)!GI^+_`
MI9QK7KY86Z_3V7,0RX\]??L"`%_@DZ"WUK5:U",U:4)X3;4)(R8Q=O<(=609
M$!`0$!`0$!`0>)X(;$$D$X#+!*+A+$;,0D)-H0DS]K.R#G_%9Y>$\@CX/?D(
ML'>WRK7DLV90@KPBYRS2$P@`BVKD1/HS,R#GQY;D'B$;U\!+-AN%.[C8S[,\
M=R^+/H04&)M8H2['G=M7^!\9!=<#@,/@,7#B\15"G1@;T(8V\K]2(G?5R(GZ
MD1/J[]J"00$!`0$!!#\GY9@N,T&NY:QW;2%W=6N`O)/8E?U8H(1U.0W\PL@J
M@<;Y+SDQL\P`\3QK5BK<3B/Y6=FZL63F!^K/_F`?;\9R[$%_K5J]6O'7K1!!
M7A%@BAC%@`!%M&$1;1F9D&1`0$!`0$!`0$!`0$!`0$!`00'$_G<[^]9_V<:"
M?04+C7_$OB%F.2EZ>-P+%@L*_:)3,['D)Q_P]L+/^@Z"^H"`@("#2S&;P^%H
M29#+W8:%&)M9+%@QC!OX1[!]]!(8/PQPM3(!F2=I.Z?S5H&9H8!\VP=?==!<4!`0
M$&&Y1I78"KW:\=F`O6BF`9`?WQ)G9!4+'@]P?OBLXNO/@+A/K[3AK$M%]7\N
MR(FB?\H(,7W8\3L6^N'Y9%E81]6IG:@F6GF]IJ/7+\K@_P"5`^^G/<8^F?X;
M-/$/K7,'8CO"_N]Q)[//I[PNZ#:Q_BYP"W8&I-E!Q=\NGL64"2A-KYMMD8]7
M][5!;H9H9HAEA,9(C;4)`=B%V\[.W1!Z0$%*\3[N8@HT89GK!/8A:R]`HV
MO;7LP1[H1EU8Q;O'8V9G?5Q;U=4&U7R64/+\:V9)K6,O5)2,AB$'L&,(&TY_
M$\[`.G:^ODT#1MY?D$19JK)<[RQ]H5:U2*`0C-@L01F4-!N^;4@.*0@$)W#02,=&8R#H_D05;,X8N2\#.#.Y.9
MI:UVV\5RK&`6GM5;LH4RKZ>J8$`L(MU+L=^W4)7P\Y7DLI5GP_(HAJQ%D^:PO1P,9-+C^(,3/N=
MGU";)$+Z2'Y6A;T!\NYT'00```0`6$!9F$6;1F9NQF9!]0$!`0$!!3>0<^F^
MU)..<2J#F^2AHUEG)QI4&?X=V<==K^:(?3+S-VH,W&.`PX[(/GLY:+.'RG=M$T4#:>82+>7Z+.@W>(<Q[COL#W4&[A_"_$PWX\
MQR*S-R?/QONCO9':44!?Z+5'Y&!O>;=^D@N:`@("`@("`@("#6R&,QN1@*OD
M*D-RN3:%#8C&4';W1-G9!49?!WAL_W;]Q.WZCH,-OFOA1R^.+%9')106(Y8IAI7]]"R)Q2,;#LL-$>A..TF;M9!
M8,CR7@5"[7'(9;&U+E1MM>.:S#&<8S"S=!BABLU&<*\TMB!@.2-QFGC^=!8.,=08>S%AL96+,\JN
M#NI8:$F%V'73OK,CZC!`+]IE[PL[H,'&>"SQ9-N2\JLCF.4D+C%(PNU2B!=L
M-&(M=C?&D?TS\K^1!;+%B"M!)8L2#%!$+G)(3Z"(MVN[H*_0\0N+V\-,"E^;"2
M1FV`4FOHB3ZO^5D&6GF<9=NW:56<9K..(`N`.OR9F.X1=]-'?3MT[$&*7D.%
MBOV*$EL`M5*_M=H'UTCAUTW&7JM[VNJ#)B\Q2R49E6+)7P_P!$`FUK1%_G3;>_P6;M07/C_'<+Q[&1XS#5`ITX]7:,&ZD1
M=2,R?4C,G]8B=W=!(H"`@("`@("`@("`@("`@("`@(""`XG\[G?WK/\`LXT$
M`?\`Q/XJ"'KXCA46\O*)Y:['H/O^SUBU]QS07Y`0:V1R6.QE.2[D;,5.G"VZ
M6Q.8QQBWND3LR"D/S_D7)G>'@.*[ZH[[2Y-E1.O09NS=7BT:>S[FC"'Z2#:Q
M7A=CGO19?E5R7E.GV>KU[$%XL^(G`:NOM'),9%IV[K
MD#>37XZ"/D\8O"X.SDU&7_N96F_9[T_G5X;D^V')RV"\T-*[)V^Z,+L@?\
MW^.'_)L=F[>O8\&(O$WYWB9!]_YH&;?Q?B'(Y_\`[$8OVTL:#Y_S!Y3+_)N`
MYG_[B2A#_P"RR:!][O$R1_DN!N#?&GRM0?[@-(Z!]L^,XS'*J-FOU9X"P=:4>OF[^23_V(/S'XH?U;_$D.;7QX[AI/I/`VH3Q/\`%EA-ADC?^^%D$R@(
M.=YP2X#R63D]<7;B6;E$>30"WHT[1:!'DA9NP#Z!8_(?D=!T,2$Q8A=B$FU$
MFZL[/Y60?4!`0$!`0$!`0$!`043*\SR^?R,_'N![#F@)XLKR64>\I47;UHXF
M[+-EOB-Z(_#?R()[B?#,1QFK*-3?8OVR[W)96R7>6[4OQYI'ZO\`HBWHBW1F
M9!.H-/,5"N8NU5".*4IHR%HY]W=$[^0MNA:>ZR#FO"9@RWA[R*D%R.4Z[9"&
M&I:G"6:G([SQD\TS]@D^KB9._HZON?5!-9:&1[LE.&S7C'D-FC>HWWEB<0>F
MT#Z=T1,4KGW#;-O1]='T\H;'$<-E,)F\O#8N5[^Z"H8PP`T5@BKH(>'Q)P
M=3)7[<'^\L[EV@CQW&\?)%:MGW`D/>&49%%'$3D[]X1;6'M?7T4$CCN#93.7
MHT!`0$!`(A$7(G9A
M9M7=^C,S(/@D)"Q"[$)-JSMU9V=!]0$!G9^QT!G9^SJ@("`@("`@("`@(""E
M?>*IQS`''';>#XK!'D7W9J^Z@O#,PLS,VC-T9F[&9`=V9G=WT9NUW05[-^(?
M!,&Q?:_(,?2(>T);,3'^INW?W$%+N?UE_#!I2KXB6]R"RVND.+I3SZO[A$("
M_P"1T&H7C#XH95F;C'ACD7$_4LY>:.B'ON!=?\9!C*M_6DS3ONMX#B\)=C1`
M=R9F?W2:0-4&,O`;FV7'_BOQ+S%P"=]]:@S4XG9^T=!O#:B)_:=NYC98S[J6"WC[L4@%TU8F>%VZ:MJ^NC
M:H+7BN7\3RVGV7F:-YW;7;7L12%^5A)W02Z`@("`@YGXD2Z'VZ4FEQU:2`"T>.!RF
ML"SA'ZNOHMN=^I>]H@K67PF,S/`3QF8$LJ0DA$R82!C>(&
MH](ICZOH
M(DV[1!I\;Y;R<\37O4\P?*8,+)&5S&S3/4S]0`G)B$H'<8K;SB.P.\T+:[,V
MI=7#LO'/$/BV>LE1KV"J9B+Y_#7@*K=C\^L$NTB;](-1]U!/VJM:W6EJV8AF
MK3@4"%T*QZ4.0R@>:/70ZU8OC=)#;LVL@O>*Q.,Q&.@QN,K1
MTZ%86""M"+"`BWF9O[K^5!MH"#7R,'?X^U!W??=[$8=UO>/?N%VV[VZCKV:^
M1!SSA&*L6\)GJMND4M5I;,,)6H0CLE)%8E?N"V,(S1@[MM+:PN[NS:H,]C$Y
M4,2=)Z4Q6,IA0K.(.0Q6*[2O(TQ-\RP]Z+[G\W3JVB#5R&5J
MUWBM4XY;-ZO)+(YRA+,[1@!1!T"-Q%AU?1M.UW=!3[F7SW)LG=P?"H2F'[7E
MNV.6NV['UP"%HGCA/4>_GZN#,+[1?M?1G06KPSX?4X_8MO3KVGCD@@BLY#*M
MK>ELQ,XF.]_^Q$:P?)ZZ[$%^0$!`0$!!6?$<=W$;K%+W,>U^](@`7HD43EJ0#T'
MKV::(-W,E,V5R#UW?[RMD`;'L/\`*?L_V>/=W;=O<;]^OP=WZ2#>X9+3CR#O
M3D`:94*K7W`FV?:1F32-*_\`.'Z,;/Z79KY$&ID>-XNW9Y19K1Q8H0A'&E>@
MK[WVS;9[I'&&TC1NK/VH)[@[U6HVX:<=5Z<-C;!>HQ!#7M,\8$\H#&
M[AZ).\;NSNSN*"QH"`@("#GQR62KA,!'?PU26Y6M&]CN[LDE$X0F>"
M%Q[O07GZ,9LYZ:MITU"2YQXE4^,SU*<5*?(7[-FG!,,8$,-:.[8&`99YG;8/
M4O1%O2=_)IU0;?(^39ROF(<'QW&PY'*G7>[.5NP]:O#`TC1MJ8QS&1F6K"S#
MY'U=!'GXA9.Q2IUL;B&/DURS:I%C;%AHX8)*3:SG).`2.\;:BXN(:EN;H@FN
M+Z@L3>-5"U&P<:XKR#-BS:1
M'!CSK5^G1OE;3PBS>\R#P_*/'7)__C.&X["QEZLV8R'?$WOQ5!=_\9!X+AOC
MAE7_`-Z\[JXB)_6@PV.%RZ^1I;)&7Y=$&-_ZON"OONY+R//\A)_6"W?,(G]S
MNX&B;1!.8;P2\)L,0G1XM0:0/5EFC]H/]:=Y'07&I1I4XFBJ5XZ\3=D<0"`_
MF%F9!F0$!!2?$?#9:[+B+&,JG+/#:B%K%8WCGAUD$MYZZQE"VWTV(7=NCL@G
M`Q5QL]CKT@QGW5&S!>G!F#?/*5;:^WMT=H2][L0:!XG)5:V7BBH>TUKU[?[/
M!8]EE]D>I%%K"8N&TV./3;O'T?*@\6>/9*QP^##3Q,//:(LPE7B8PT;1FW`VOH^XZ",?P>XK`^[$6<
MIA"__P`_(VHQ_4,Y`_)M0/N3SNG_`/B^=6S%NR+*4ZMQO>WQC6D_+JZ!WGC1
M2;THL#F@;XA6L?*[?X36PU_,@-SSF-1],OP7(B/EDQL]6^/O[6.&3_%U0&\8
M^%Q.PY1[^%-^FW)T+=9OURCYJ=.<)8YX(Y8YV89@,!)C9NQB9V]+\J"M<
MK\->.<@FJWV!\9GL[CHR9J/,Z<9!"!?!*QL?OJ,GZ8EW>OPF03%?#\_P,$=GBV8CY5A"%CBQF6D
M;VCNWZM[-D8V??T[.^$O[Y!J9KDO%.84ONSGO:>)\EWC/C`R`M!-#&?:7Q#?<.K.W5T%CX%RJYEZMG&9J,:O*<*;5LS5'H)$[:QV8=>V&P/I@_
MDZCVL@M*`@("`@("`@A.5\PPO&*(6BY&S2[I)1$I`!]7)HQ=R?5MO3KT05KGN/KQS
MX[&&>:Y!C+K239+$4++22R11[=LDFIQ$\!D6TP$M'U;1NU!)T_%'A^+JQ4YL
M3E<#4KBT<44^)M10QB/8PO%&<>C>XZ"0J>+OAE:(0#DM"*0O5CL2M6-_\&?N
MR_N(+%2S6&O,ST;]>TS]G98HY8CBE%CBD%Q,";5G$F
MT=G;W4'R*&*&$(8@8(HQ8(XQ;01$6T9F;S,R#WM'=NT;=IIKY=$'*,Q_6:\'
M\/F+N(NY">.[1L25[0#4F(6EB-P/TF'1]";M0=6`A(6(>PFU;\J#Z(B+,PLS
M,W8S("`@("`@XASJP;\TD?%X2_C.;]U=CQ-FD,KP73$JWLMB>4&&$H=KDTS2
M>KIIU]%!>?%FKCSN_0O
MM2M9#,RV:XPG-8K5L@T+5Y)*\;'(S;:0ZLS.X[D%PX*$M_.\DY.T%FO2R\E2
M+'A;C*&0H:<&WO6B-F,!.20]-S,[Z:Z()?F.*O9/`6JM*:2.<@?2&/NV&=O+
M#(\@EH!]A.+L^B"E1`Q#6C<7EW0N1
M";EM[1'\@2%;P'\,@<2O8V3+R"PLQY2S8N:,/1M!E,@;WF'1!;<5Q?C6(!@Q
M6)IT`;JS5H(HNO\`@"R"30$!`0$!`0$!!S3Q/FVY_#=_9G]CAD&0J].T%%-:E&U*,4?>`X&VW3HPNPBS?%%!+7X
MPK<'US)O=EHTQFG>.4XGEEC#46[R,A+TB;37RH('*TVP^'QM8,B9WL7%%;N1
M';D:PT12.4LD,+[WG.0F*(0D/1FZ-U[0Z$@("`@(#LSL[.VK/T=G05?/\`
M#6[?K8_.8_%2Y&ZQ/4@LQ0=_)LTW=WN;>^F[X*"-^X>`J13T<9W&$Q>.5<:8+G(,?5R7&KDNE'(X21I)80)W
M[L"K&[%.VUNAPN[Z?`06[$\UXGEL2^6H9:K+CA=@DL/((-&;OILE8]KQEKTV
MDS.@D93(>'MF.K"1/)9XM;SW+.DF/D/7:0#5\ML4""C#):ME-6UE"HTL6,%'9
MBD:_:VDSDX^SL4H$X$!#Z?=N),XDW71V0&KPY'E,E>:Y?A@
M!RKP1PS]UNLZGN@B<=2U](RTT$=706OAW"X:D[[$V_+$VD441MN
M:&E'U:&'WO2+M)W06]`0$!`0:.;SV&P6.DR.8NPT*,3?*6)S8!;W&U[7]QNJ
M#DA>+'-_$.W)C/"S'>RXD">.US/*1N,`:/H_LL#]9#\VOY69!<.&^$7'./RR
M9*^1\AY+:;2]GLGI-.?77;&Q:C%&S]@A_=06RC@\+0-Y*-"O5D)WHLW:@W4&M;QF-N"XVZD-@7[6EC$V?]9G05V]X4>&MUW>?C..8B]8XJX0D_
MOE$P.@TO^3W$8>N-FRF*T]5J.2N1"W^`\A!_BH'_`"\Y%6ZXSG69B?R-<:I=
M%O\`YL+/_=0?#Q'BW2;=%RC%7HQ\E[&E"[^_)!8$6_400&2\5>3X%R;+S<4M
M.'K!!F#K2?\`RY897U0:^)_K$>WW&JQ\+SEK_2<9"UVN_P#>R_):_F0>\SX^
M9"C8[F/@>>C9^RS?@*M`W]\40VB;]5!J5_&7-Y(]D>2.3/9D&-F:30F>3:.@OVZ(/W'"+C$`OVB+,_Y&0>D!`0$!`0?
M'CC5EK62@#"48+L4(L+A,EN=]=4%P0$
M!`0$!!JW,5C;MBG8MUHYI\?*\]*0V9WBD<"C]V[=^
MC;MNNNFO;IJ@U;F%P]V,8[E&O9C`RD`)H@D%C/7<3,3/U+5]7090H40B[D*\
M0P[!C[M@%AV!ZHZ::;1UZ,@^ST:5B6&6Q7CFEKEOKR2`)%&6FFX'=M1?W609
MD!`0$!`0T]G=+W%F%IH2&$JFMB*9OF"@V[MI/ZS=&U/5!N
MY#!RU\GF9J]21ZI6\5;LNPD;S!#(YV'ZZE*XBWJ]7TT9O(R#1DIVFER-PZXVUUA\K1UCRN9
MQ43E:*3V;;%WH,$GM(=X?5W`O,_35!7QY!RCCI8W#2**>``<`<=C;WA-V$7=MO5!V'`PDQ;7^*;>L!-
MY1)F=!)((;D_#^/\FIC6R]5I7A+?5M`[QV*\GDD@F#0XS;SBZ"K?:?..$>CF
M1FY5Q<.S,5P9\G5!OYU7!M+`"W;)$V_SBZ"*+)T5_\`#!Q_207/&97&
M96E'>QEN&[3E;6.Q7,9(R]XA=V00TO!-R&QEYMTL5F#NI,<76N\KN>^?;\
M<@D-VOVN@SCQ.A'#+_`!NVUDMFV^\WR\81;N[`3=M-@-(?0F?7<^NJ"HCF
M(\8O\CR82R4<<#23A`+%([$8@VUB<&[2;RH*#P+^LOX=\TSA8BB-NA,$!V2
ML9`8((6"-Q9VWM,?7TO,@M%WQ?\`#2H;QER&I/*SZ/%4)[9Z^;;7:5T&O_S6
MJV6_W1QO/97XIQ4"KQO[O>7"K#I[R#Y]Y_%*Y_(.&P4A?U9['5CLD
MWO:H/KXWQDO/\OFL-AP?R4JSQM)_CH/H>#/A\3[K]"7+R/ZQY.U9N:^^$TA!_BH+#B^(<4Q.W[,PU*D
MX^J4%>*,OSB+.@ED!!6.7\NX1A)Z5/D
MD6C=/<=!&Y#B?@]?N35;F$QZ-(6PV/3LU06J3D>`J5[KE<%PQ+
MQPWF!BD*,S8=@.(,1.1;FZ,VO5!NT+]:_6:S7[SNB=V;O8I(2U%]'U"40-OS
M(-A`0$!`0$!`0$!`00'$_G<[^]9_V<:#:H<7PU#-7LS6@V7L@P-.6OHMW;.W
MH#V!NUU+3UG[4'NUQS"VJK59JK/`,ISBPD0.TDIO)([$#B7ID;[FUT?71^B#
MT_'\-[?%?]E!K,`L$1#JPLPMH+]VS['(6Z"3MJS=B#Y9X]A[,M:6Q7:62K\R
M1$;]-=68^ORC,_5F/5F?J@]U\)BJU^:_!78+4^N\]2=NO4MHN^T')^I;6;<_
M;J@WD!`0$!`0$!`0$!`0$!`0$!!\<1T?C6Z+;I8_=*+>/N,@N.$S^$SM`,AAKT.0I2>K/7-C'7S/IV.WE9^J#?047
MD_A;2N2W,CQV8,-E;P$&0A[MI<=?`F<2"]4Z`>YGT[P=IMYT%<\,>89KC-MN
M`^($;8RY$3CQG(2R]Y6NU6]6".R6FZ6%M!9CT-QTZ:ZH.NNS.SL[:L_1V=!3
M,GX6X0KDF4X[8GXOF9'W';QCL$4I?Z14)BKS>[J&[W4%1YWXN\P\,,,4_+\7
M7S`3;H<5E<:3PA+.PN0A:KR;GAUTU<@(F\S(-;@G*K_CABWMV3?#<4ID,&2Q
M%8S]INV-C$82SLP[*O7U0?(6",`'HPB
M(Z,S,@S("`@(*3G?$_'PV+&-XW7?D&7K,_M?UQ9W/]
M%!SP*/+/$>TQ>TQY>D!^EDI(CCX]6=GZM2J$XR9.4?)+._=:^3R(+OC8O"_P
M][RQD3R$\9WI6;L$1;J$;?!CB%A;S(-G_FM6N^CQOC^8SSOZDT
M50JE9_\`X]UZX_FU0?/:O&3*?,T<1QN`OA6I9Y?R
MKB.2QEWF=NYD+<8C!"014\S&;UQU-P>,@?60JD,Q=Y-
M%70Q-R&_1E;6.Q7,9`?W-1=^ON((7Q&X#B.<\7L83(B+$[M-1LN+$
M4%@.L\%RO/<+2L5Z<RY[BEB77(4S9M1EQUF3^45Y
M0].()GUV]&/5M$'3^+H<^)L[Y("[NY3E%XK5>3RQSP'H<9>^WO(.?>
M,&(Q_(,Q2PF>DGFX_(/\9KTYNZFA)PD=I3B)M)F)Q;335VT=F'5T$WQ3AV#P
M-C)8S`S6,1@L37&J(#9D.%II=)YYM)B.,3$-K:Z:MN=_,@GN.--!BY(4DL=9@;Y0Y)W(MNYB,=_8.C.@K$ES/!8^QH+!2%>O0O$\ER0Q>
ME)5G,)/:XV:0'FFK[GC#31N@OH2"X\4M/-Q^":6:65P*8))K!"1ZQ3&!>F(@
MQ"VW02TZCH[]4%?YCXS<"XN!1S7QR65=G[G#XW2W;,O-W<;OL;W3T9!R;-^*
M/*>2Y&OC,G@]E@RMS
M$<;XS5T*IQ/'URM5P)M'8K&KP1V)&_39PUZZ.@NL?A+3LQ@'(,]E\U&+,/LI
M6?8JC,W1A&O1:L+,W9H@GL'P3AF!T?$86G3D;_MHX0[U]?/([.;_`)703J"!
MYS-;BXS;>K8&M,>V-C(WBO9AAR,4<[?(C.VR*,
MJ@MZ??&8NYF^HBVH^5`XU:L-R&S$=PK=.Y6&U0F:Q[5',('MEG;1AO0$8
MP]'1M6ZZH+8@("`@("`@("`@("`@("`@("`@("`@((#B?SN=_>L_[.-!/H"`
M@("`@("`@("`@("`@("`@("`@("`@("`@("`@(*9F/"_%2WY,QQRU-QC/R/N
MDNX_:T4Y?Z55+Y&=O==F+])!I??KE'%_DN=XO=0%]&Y/B`.:II\:S6]*>M[K
MMO'W4'SE$/M/L7B+PB2+)WJ,>RW!5,3#)XW7=)7W"[L\L?KPOY"]'X2#;M\:
MXMSFE1Y9A+!3M06>EG,])!W'%?#V2I5*PTD/)L]AN-8R\;_P"Y\+CFLSV9
M2=GVQ^T;RED=]/4@U00-CPPL\AHE>Y/?R&!XG6%BDGS5[??DB'HWR`/'2HCI
M^@1^\@GN(89IL>.+\+\3'Q7B[MI/RRS#K>1F03B`@("##-X&+'T<>-&$JF,8&HQ&`DT7=MH+CJSZ/[J#,&&Q,=
M^;(A3A&_9%@L6FC%I3%F9F8CTU?H+,@?8V(]KAN>Q0>UUA[N"QW8]X`:;=HE
MIJS:=$'JEBL91.:2E4AK'9)CL%$`@YDS:,Y;6;5!M("`@("`@("`@("`@("`
M@("`@("`@(""`XG\[G?WK/\`LXT$^@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@("`@(""DY3PNQXWIV\QCG.2A6R!OH]CNG9Y:P67T[P7U%C])BZN@F_
M%SPDP_C'B\)/5Y`-6G0>:6"S5C"W',UA@;H32`S:=WYT&QX6>'&$\&N*9.&]
MG@GHSV?;)KUH`JC'\F,>SJ9Z^ITZH-_[UR]V',<^M1Y>[$324\+"SMBJ9,^HN$1=9Y!_SLO^"PH+TS,S:-T9D!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$$!Q/YW._O6?\`9QH)
M]`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`007-KV4I<=M38Q]MK:
MXL8[.]$=KNY0C(X@Q!2Z/+.2GBZ<<>1FMM7QY9"]E?9H8R!F,AV
M6Z\O=D_="/I#$PF?:VG8X6*ZUG(9I\/EW:WQ_,UIH3@EAC:K)J&X8HB9WF>1
MXQ,CW]-&]'L0<;P^/?@O/9^/XV>6ADZ\L=?$7=&;&7Z\CQ2.%V'5MUF,9@C.
M6-F?3:3L[NZ"WXJ3C'M=#E'.;#6)2QWVB\N5T:"I8=C%PT;H_I:Z(,H&$@,8$Q@3:B0
MOJSL_E9V0?4$!Q/YW._O6?\`9QH)]`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$
M!`0$!`0$!`0:69Q%/+XV?'VQ=X9P<=POM,'=M&,";J)#VL[(-"#A>`BH4Z7<
MD4=.-HF+O#$I1Z.33N+MWK&3;B$]6=T&Q!QG#5[LER&$@FD>0]&DDV!)+KWD
MD<>[8!GKU(69T%?Y?Q;`3YK$Y;*8Y[U"D\A6!V26&:?8(5YSA'?OB#8IYO#W:$F0J78+%&+?WMJ
M*03C'N_7W$SZ-M\OF0:@NO:@PQ?=
M3/9?BW%H<-'3P<)98\CQ_NXQK1W*+Q`\4L<7R1Z%9>0?(7K(++P:"CC.4\KX
M]C8?9L90DI6*]4&<88BMUW>0(A[!'6/=H/34NQ!:UN>Q2LPM-#:B
MC[GTZY_]E)!ZSN3Z-M]74F=!)X"6/$2V:^.GOV\?3JVI\E'<$I)8;0F!QB/H
MCJ4K%*3L.N[H_EZA8>,UWHX/'5;/HWIH>^LMU=SL2-WE@M?=D-W05IZ%"?!U
M02XN&Q,!Y&N486&%@K35^]J]Y\U(02L+]H_"TU;J&W8X'=IP8T.)
MYF3!_9E*/&1PR0CNJ#%/X6R4K3W[Q1C"Q
MD$8Q`,<0N[```#,S:O[Z"<00'$W=Y<[K_P":S_LXT$^@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("#R\492#(0"\@,[`;LVK,6FNC^371!Z
M0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`00'$_G<[^]9_
MV<:"?0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$$!Q/YW._O6?\`9QH)
M]`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$
M!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`00'$_G<[^]9_V<:"?0$!`0
M$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0
M$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$$!Q/YW._O6?]G&@GT!`0$!`0$!`
M0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`
M0$!`0$!`0$!`0$!`0$!`0$!`0$!!`<3^=SO[UG_9QH)]`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`00'$_G<[^]9_P!G&@GT!`0$!`0$!`0$!`0$!`0$
M!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$
M!`0$!`0$!`0$%'YOSC/XW+183CM"M:R7=UK-F6_*<,(PV;@U`$.[`R,W)WU\
M@MU?75F0;62Y=R&*GB:E3"@')LN\PAC[=AA@@:LSO++)-$,CD'J[=HZEN;L0
M2'%N07\D5^CE:84D+.SL[()Y!`<3^=
MSO[UG_9QH)]`0$!`0$!`0$!`0:A9*N.5CQCL7M$D!V1?3T=D9B#]?/K(R#;0
M$!`0$!`0$!`0$&K=R5>G+3BE8G*]/[-#M;5F/NSE]+W-L3H-I`0$!`0$!`0$
M!`0:^1O0X_'VK\[.\-2&2>5A;4ML8N9:-Y]&09HY!DC&0?5-F)M?,[:H/2`@
M("`@("`@("`@U,=DZ^0"YJW1!MH"`@("`@("`@("
M#5ER,$>2KXXF+O[,4T\;LWH[8"C$]7\^LPZ(-I`0$!`0$!`0$',?&*7%L],,
MW@;%O'C)4.IFZ(2RSP3/>B&6#Y!N^B>2)]0)GT)^G1]-0UJP5YZG>
MM%CPRE2Y''&5FY!3NR-)4.Q%'O,Y`BKQA+MU?L42$MSR5NZW.VFFU
M^]CE;3\B"I<8XY?>3-?[]R4>F3F;5O96W>A'Z76N_P#<03GW:O\`XBR?T/ZL
M@?=J_P#B+)_0_JR!]VK_`.(LG]#^K('W:O\`XBR?T/ZL@?=J_P#B+)_0_JR!
M]VK_`.(LG]#^K('W:O\`XBR?T/ZL@?=J_P#B+)_0_JR!]VK_`.(LG]#^K('W
M:O\`XBR?T/ZL@?=J_P#B+)_0_JR"$EXY?^^E8?M[).WV;8?OOXKJWR\/H_R?
M;U]Y!-_=J_\`B+)_0_JR!]VK_P"(LG]#^K('W:O_`(BR?T/ZL@?=J_\`B+)_
M0_JR!]VK_P"(LG]#^K('W:O_`(BR?T/ZL@?=J_\`B+)_0_JR!]VK_P"(LG]#
M^K('W:O_`(BR?T/ZL@?=J_\`B+)_0_JR!]VK_P"(LG]#^K((7D/'+[7<#_O[
M)2:Y'35_9/0_BECTFTKM[W7SH)K[M7_Q%D_H?U9`^[5_\19/Z']60/NU?_$6
M3^A_5D#[M7_Q%D_H?U9`^[5_\19/Z']60/NU?_$63^A_5D#[M7_Q%D_H?U9`
M^[5_\19/Z']60/NU?_$63^A_5D#[M7_Q%D_H?U9`^[5_\19/Z']6017*^-WV
MXOF';/Y*5VHV?DW]D=B^1+T?1KL_7W$$A4XW?>K#_P`0Y-O0'I_$^G1O]&09
M?NU?_$63^A_5D#[M7_Q%D_H?U9`^[5_\19/Z']60/NU?_$63^A_5D#[M7_Q%
MD_H?U9`^[5_\19/Z']60/NU?_$63^A_5D#[M7_Q%D_H?U9`^[5_\19/Z']60
M/NU?_$63^A_5D#[M7_Q%D_H?U9!"<5XY?*#(_P"_0$Z%]OXSW.@/WM3
MU>ZBBZE[NJ"TH"`@("`@("`@^$`&VABQ-JSZ.VO47U9_R.R#Z@("`@("`@("
M`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("
M`@("`@("`@("`@("`@("`@("`@("`@Y_FN9<^QE*_P`CEPU.+C6-[XYJA3@P@\+.0"YA&_5VTZL[H-FYRKF=[(Y)^,8^C8QF%D[BY[;++'/8F:
M$9SB@:,2&/:T@MK)VOY$'G[Z\CSUF"#AM6D8C1J9&[/DY)!$0NL110`,#$7>
M;8R5W)^G:@E4!`0$!`0$%9SV1YT>5
M>AQO'TV@ABCFL9+)G*,)D9.W16O;FN!>ED>K6^S9VK3$Q1"QS">L&+#'5FY<>1+%>S
M%,7LC$-?VM[.]A[QXNX]+3;NUZ>Z@^OSS-XNID:F?H5RY!1]D:M#2E)J]M[\
MCPP.!3,QQLTHNQ[M=K-KU0;7#N4R%N9H1.+SN.K2\AIQT3I-1ED]DM/DIRJP#NE'=$33`
M^YGU]'TF09CYMR'C_M@SW!31PV6,1W[FC)MT?E;LZH(\\UXPU
M,[B<;;#CT[Y";Y:*JU[O`JQ:///J;[6VL[".O:3LR#HR`@("`@("#6RER6EC
M;5N&M)FI/T04^'E?-L7E,5'RK'X^+'YN=ZMCSKETE2ER2WCJ4?$Y<7W@1"+ZBS]KH/5OF_,'BR6=QV-I3<6Q,UF&<#FD:_.-,WCGFAVB\
M3,+@>T2?4M.UD'SD?B%FZ^1R(8:"B5'"58KUX[\LD4EN.:(I1&EL$A?1@TW%
MTW=-$%XQMT;V.JWAC.(;4,K(-A`0$!`0$!!0\[ROQ!
MH093.0X:F''L1[0IS1;0*(&)A)XQ+7R+4,1AJ-6+E-KV[VN&
MY*95:OV;*,$Y.40[Y&*64-C,S:L^KZ(+'QG/6D1/VOIH@AH?$/D.3K5,;BL;6BY1/9O4[,5J4WI0%C"8)Y
M6,!:24"(P8-K-ZW731T$E2YQ;KT3YK%6(ZLU/)::%B;4(V];
MM+XJ#;AOY#BE[DU&+`9/(%G;LF3Q=BI`\L)G:K1@44TFK-`X21/J\FC:=B#4
MXUC;?AO;`)L3D8NY1IY6>
M2L6/H9'(26\7BC$0*K7..,=C@+NP/)(!R[/@[D%L0$!`0$!`04'Q`YGDJ.1C
MP53&YAJT\7>7_CFCE*J>DQL9Q%J3,[OJS^5!JCA\O#E(^?EAKQR/G);I
M8H18K@T9<=$,U@+4M'%YJSGJ&0Q^\1SN'!BK^.JU,+D:%=\E$5,IK=XH7$1C-]VT?
M9>IZ:>ETU02KY"_S'/<;%\'DL5'@KA9+(RWX7KQM*-26`(8B=W:?4[&NH:CH
MW:@G..5;L_*^29B[%)&S30X[&-*!!_%:\0R&<>OK#)/*?I-VZ>X@M"`@("`@
M("#6R=YJ&.LW7AELM6B.7V>N#RS2;&UV1@/4B+L9D'-,!R(>29N.?.X;.U\C
M;CDJT8)L9:AI8^.8'$W>8Q87E,>AROI\4=&[0U:<.7N\/PGAW)@K,@]3QYC'\5S_A_!@E3BKG!/U;VLW630
M>O:@C.,8F_X
MQ@&<9\GCRR,[2QPE7VS!+')&S-(VTMI,/OL%N\
M-N.38XLYF)X[44N>MQSM'?-CM=W!7CK@<^GHB9]VY;6]5G9NG8@NB`@("`@(
M"#GW/.:=ID^@^9W01D1U*$_
M&^4X?`9=\7BH;^,MTCJ2C?$;+Q3>T/6DVRR[Y8/2)M7=RUZH++P6I;GRO(N2
MV:=C'MG+%?V6I;;9.U>I7&$3./5^[5S1W07Q`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0
M$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0
M$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0
H$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$'__V3\_
`
end
XML
14
R19.xml
IDEA: Stock Repurchases
2.2.0.25falsefalse19 - Disclosure - Stock Repurchasestruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_StockRepurchasesAbstractrgrfalsenadurationStock Repurchasesfalsefalsefalse<
/IsSubReportEnd>falsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringStock Repurchasesfalsefalse3false0us-gaap_ScheduleOfTreasuryStockByClassTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">12.          Stock Repurchases</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In the third quarter of 2010 the Company repurchased shares of its common stock. Details of these purchases are as follows:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Period</font></div>
</td>
<td align="left" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="13%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total Number of Shares Purchased</font></div>
</td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="13%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Average Price Paid per Share</font></div>
</td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total Number of Shares Purchased as Part of Publicly Announced Program</font></div>
</td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">8/3/10-8/31/10</font></div>
</td>
<td align="right" valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="12%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">339,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="12%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14.08</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">339,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">9/1/10-9/22/10</font></div>
</td>
<td align="right" valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="12%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">73,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="12%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12.92</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">73,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="30%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total</font></div>
</td>
<td align="right" valign="bottom" width="2%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="12%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">412,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="12%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13.83</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">412,000</font></td>
<td valign="bottom" width="2%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="1%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,000,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, the Company repurchased 2,400 shares of its common stock, representing 0.1% of the then outstanding shares, in the open market at an average price of $6.03 per share.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2008, the Company repurchased 1,535,000 shares of its common stock, representing 7.5% of the then outstanding shares, in the open market at an average price of $6.57 per share.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">All of these purchases were made with cash held by the Company and no debt was incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">At December 31, 2010, $10.0 million remained authorized for share repurchases.</font></div>
12.          Stock Repurchases
In the third quarter of 2010 the Company repurchased shares of its commonfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used to capture the complete disclosure pertaining to an entity's treasury stock, including the average cost per share, carrying basis for each class of treasury stock, description of share repurchase program authorized by an entity's Board of Directors, the treatment of the purchase price in excess of the current market value, number of shares held for each class of treasury stock, and other information necessary to a fair presentation.No authoritative reference available.falsefalse12Stock RepurchasesUnKnownUnKnownUnKnownUnKnownfalsetrueXML
15
R11.xml
IDEA: Property, Plant And Equipment
2.2.0.25falsefalse11 - Disclosure - Property, Plant And Equipmenttruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_PropertyPlantAndEquipmentAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_PropertyPlantAndEquipmentDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">4.          Property, Plant and Equipment</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Property, plant and equipment consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Land and improvements</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,266</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,194</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Buildings and improvements</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">26,609</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">24,535</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Machinery and equipment</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">97,514</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">87,052</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Dies and tools</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">24,990</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,276</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">150,379</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">134,057</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
4.          Property, Plant and Equipment
 
Property, plant and equipment consist of thefalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDisclosure of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, building and production equipment. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amor
tization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. This element may be used as a single block of text to include the entire PPE disclosure, including data and tables.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
falsefalse12Property, Plant And EquipmentUnKnownUnKnownUnKnownUnKnownfalsetrueXML
16
R10.xml
IDEA: Inventories
2.2.0.25falsefalse10 - Disclosure - Inventoriestruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_InventoryDisclosureAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypest
ringNo definition available.falsefalse3false0us-gaap_InventoryDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">3.          Inventories</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Inventories consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Finished products</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,833</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,623</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Materials and products in process</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">41,442</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">43,698</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">47,275</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">48,321</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Adjustment of inventories to a LIFO basis</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(37,448</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(38,663</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,827</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,658</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">During 2010 and 2009, inventory quantities were reduced. These reductions resulted in liquidations of LIFO inventory quantities carried at lower costs prevailing in prior years as compared with the current cost of purchases, the effect of which decreased costs of products sold by approximately $2.3 million and $5.1 million in 2010 and 2009, respectively.</font></div>
3.          Inventories
 
Inventories consist of the following:
DecemberfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element represents the complete disclosure related to inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determinin
g the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 9
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph a, b, c
-Article 5
falsefalse12InventoriesUnKnownUnKnownUnKnownUnKnownfalsetrueXML
17
R8.xml
IDEA: Summary Of Significant Accounting Policies
2.2.0.25falsefalse08 - Disclosure - Summary Of Significant Accounting Policiestruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_BasisOfPresentationOrganizationSignificantAccountingPoliciesAndRecentAccountingPronouncementsAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0rgr_BasisOfPresentationOrganizationSignificantAccountingPoliciesAndRecentAccountingPronouncementsTextBlockrgrfalsenadurationDescription of the basis of accounting used to prepare the financial statements (for example, U.S. Generally Accepted...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">1.          Summary of Significant Accounting Policies</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Organization</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Sturm, Ruger & Company, Inc. (the “Company”) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. Approximately 99% of the Company’s total sales for the year ended December 31, 2010 were from the firearms segment. Export sales represent less than 6% of firearms sales. The Company’s design and manufacturing operations are located in the United States and most product content is domestic. The Company’s firearms are sold through a select number of independent wholesale distributors principally to the commercial sporting market.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company also manufactures and sells investment castings made from steel alloys for both outside customers and internal use in the firearms segment. Investment castings sold to outside customers, either directly to or through manufacturers’ representatives, were approximately 1% of the Company’s total sales for the year ended December 31, 2010.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Preparation of Financial Statements</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company follows United States generally accepted accounting principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The significant accounting policies described below, together with the notes that follow, are an integral part of the Financial Statements.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Revenue Recognition</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Substantially all product sales are sold FOB (free on board) shipping point. Revenue is recognized when product is shipped and the customer takes ownership and assumes the risk of loss. Accruals are made for sales discounts and incentives based on the Company’s experience. The Company accounts for cash sales discounts as a reduction in sales and sales incentives as a charge to selling expense. Amounts billed to customers for shipping and handling fees are included in net sales and costs incurred by the Company for the delivery of goods are classified as selling expenses in the Statement of Income. Taxes on revenue producing transactions are excluded from net sales.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Cash and Cash Equivalents</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company considers interest-bearing deposits with financial institutions with remaining maturities of three months or less at the time of acquisition to be cash equivalents.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Short-term Investments</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Short-term investments consist principally of United States Treasury instruments, all maturing within one year, and are recorded at cost plus accrued interest, which approximates fair value. The income from short-term investments is included in other income, net. The Company intends to hold these investments until maturity.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Accounts Receivable</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company establishes an allowance for doubtful accounts based on the credit worthiness of its customers and historical experience. While the Company uses the best information available to make its evaluation, future adjustments to the allowance for doubtful accounts may be necessary if there are significant changes in economic and industry conditions or any other factors considered in the Company’s evaluation. Bad debt expense has been immaterial during each of the last three years.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Inventories</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The majority of the Company’s inventories are valued at the lower of cost, principally determined by the last-in, first-out (LIFO) method, or market. Elements of cost in inventories include raw materials, direct labor and manufacturing overhead.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Property, Plant, and Equipment</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Property, plant, and equipment are carried at cost. Depreciation is computed over useful lives using the straight-line and declining balance methods predominately over 15 years for buildings, 10 years for machinery and equipment and 3 years for tools and dies. When assets are retired, sold or otherwise disposed of, their gross carrying values and related accumulated depreciation are removed from the accounts and a gain or loss on such disposals is recognized when appropriate.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Maintenance and repairs are charged to operations; replacements and improvements are capitalized.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Long-lived Assets</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company evaluates the carrying value of long-lived assets to be held and used when events or changes in circumstances indicate the carrying value may not be recoverable. In performing this review, the carrying value of the assets is compared to the projected undiscounted cash flows to be generated from the assets. If the sum of the undiscounted expected future cash flows is less than the carrying value of the assets, the assets are considered to be impaired. Impairment losses are measured as the amount by which the carrying value of the assets exceeds their fair value. The Company bases fair value of the assets on quoted market prices if available or, if not available, quoted market prices of similar assets. Where quoted market prices are not available, the Company estimates fair value using the estimated future cash fl
ows generated by the assets discounted at a rate commensurate with the risks associated with the recovery of the assets.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Income Taxes</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Income taxes are accounted for using the asset and liability method. Under this method, deferred income taxes are recognized for the tax consequences of “temporary differences” by applying enacted statutory rates applicable to future years to temporary differences between the financial statement carrying amounts and the tax basis of the Company’s assets and liabilities.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Product Liability</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company provides for product liability claims including estimated legal costs to be incurred defending such claims. The provision for product liability claims is charged to cost of products sold.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Advertising Costs</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company expenses advertising costs as incurred. Advertising expenses for the years ended December 31, 2010, 2009, and 2008, were $2.3 million, $2.7 million, and $2.3 million, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Shipping Costs</font></font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Costs incurred related to the shipment of products are included in selling expense. Such costs totaled $3.0 million, $2.7 million, and $2.6 million in 2010, 2009, and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Research and Development</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, 2009, and 2008, the Company spent approximately $3.2 million, $2.0 million, and $1.5 million, respectively, on research activities relating to the development of new products and the improvement of existing products. Research and development costs are expensed as incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Earnings per Share</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Basic earnings per share is based upon the weighted-average number of shares of common stock outstanding during the year. Diluted earnings per share reflect the impact of options, restricted stock units, and deferred stock outstanding using the treasury stock method.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Reclassifications</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Certain prior year balances have been reclassified to conform to current year presentation.</font></div>
1.          Summary of Significant Accounting Policies
 
Organization
Sturm, Ruger & Company, Inc.falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDescription of the basis of accounting used to prepare the financial statements (for example, U.S. Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS) and This element may be used to describe all significant accounting policies of the reporting entity.Represents disclosure of any changes in an accounting principle, including a change from one generally accepted accounting principle to another generally accepted accounting principle when there are two or more generally
accepted accounting principles that apply or when the accounting principle formerly used is no longer generally accepted. Also disclose any change in the method of applying an accounting principle, or any change in an accounting principle required by a new pronouncement in the unusual instance that a new pronouncement does not include specific transition provisions.No authoritative reference available.falsefalse12Summary Of Significant Accounting PoliciesUnKnownUnKnownUnKnownUnKnownfalsetrueXML
18
R22.xml
IDEA: Quarterly Results Of Operations (Unaudited)
2.2.0.25falsefalse22 - Disclosure - Quarterly Results Of Operations (Unaudited)truefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_QuarterlyFinancialDataAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_QuarterlyFinancialInformationTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">15.          Quarterly Results of Operations (Unaudited)</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following is a tabulation of the unaudited quarterly results of operations for the two years ended December 31, 2010:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold"> </font></div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="52%" style="border-right: medium none; border-top: medium none; border-bottom: 4px; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: 4px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="15" valign="bottom" width="2%" style="border-top: medium none; border-bottom: 4px; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: bold">Three Months Ended</font></font></td>
</tr><tr>
<td valign="bottom" width="52%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">4/03/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">7/03/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">10/02/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">12/31/10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,276</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,389</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">58,401</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,138</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Gross profit</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">23,131</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,740</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,583</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,527</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,316</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,184</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,041</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,713</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Basic earnings per share</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.44</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.43</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.32</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Diluted earnings per share</font></div>
</td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.43</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.42</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.31</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="52%" style="border-right: medium none; border-top: medium none; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="15" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Three Months Ended</font></td>
</tr><tr>
<td valign="bottom" width="52%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">4/04/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">7/04/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">10/03/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="2" valign="bottom" width="2%" style="border-top: medium none; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">  </font><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">12/31/09</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: medium none; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">63,529</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">72,390</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">71,186</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">63,879</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Gross profit</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,526</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">25,032</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,782</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">21,265</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net income</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,807</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,680</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,108</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,908</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Basic earnings per share</font></div>
</td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.46</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.37</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="2%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="7%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.31</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="52%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Diluted earnings per share</font></div>
</td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.45</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.37</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="2%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="2%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="7%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.30</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
</div>
15.          Quarterly Results of Operations (Unaudited)
The following is a tabulation of the unauditedfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. It also includes an indication if the information in the not
e is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 6
-Section G
-Subsection 1
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 28
-Paragraph 23, 24
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 28
-Paragraph 30
-Subparagraph a-j
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 302
-Paragraph a
falsefalse12Quarterly Results Of Operations (Unaudited)UnKnownUnKnownUnKnownUnKnownfalsetrueXML
19
R18.xml
IDEA: Earnings Per Share
2.2.0.25falsefalse18 - Disclosure - Earnings Per Sharetruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_EarningsPerShareAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_EarningsPerShareTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">11.          Earnings Per Share</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Numerator:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net income</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">28,255</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">27,503</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,666</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Denominator:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted average number of common shares outstanding – Basic</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,032,557</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,061,321</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,069,200</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">266,636</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">259,735</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">15,400</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted average number of common shares outstanding – Diluted</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,299,193</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,321,056</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,084,600</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. The weighted average number of common shares outstanding decreased from the previous year in 2010 and 2009 as a result of the Company’s stock repurchase plans, which were authorized by the Board of Directors in 2008 and 2010. See Note 12 for further information.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following average numbers of stock options are anti-dilutive and therefore are not included in the diluted earnings per share calculation:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Average number of stock options</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">456,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,282,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">There are no anti-dilutive stock options in 2010 because the closing price of the Company’s stock on December 31, 2010 exceeded the strike price of all outstanding options on that date.</font></div>
11.          Earnings Per Share
 
Set forth below is a reconciliation of the numerator and denominatorfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used to capture the complete disclosure pertaining to an entity's earnings per share.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
falsefalse12Earnings Per ShareUnKnownUnKnownUnKnownUnKnownfalsetrueXML
20
R12.xml
IDEA: Other Assets
2.2.0.25falsefalse12 - Disclosure - Other Assetstruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_FiniteLivedIntangibleAssetsNetAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_IntangibleAssetsDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel
1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">5.          Other Assets</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other assets consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Patents, at cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,689</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,504</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Less: accumulated amortization</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,342</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,112</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,826</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,953</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,173</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,345</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The capitalized cost of patents is amortized using the straight-line method over their useful lives. The cost of patent amortization was $0.2 million, $0.3 million and $0.2 million in 2010, 2009 and 2008, respectively. The estimated annual patent amortization cost for each of the next five years is $0.2 million. Costs incurred to maintain existing patents are charged to expense in the year incurred.</font></div>
5.          Other Assets
 
Other assets consist of the following:
DecemberfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis block of text may be used to disclose all or part of the information related to intangible assets.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 44, 45, 46
falsefalse12Other AssetsUnKnownUnKnownUnKnownUnKnownfalsetrueXML
21
R3.xml
IDEA: Balance Sheets (Parentheticals)
2.2.0.25truefalse03 - Statement - Balance Sheets (Parentheticals)truefalsefalse1falsefalseUSDfalsefalse12/31/2010
USD ($)
$Context_As_Of_31-Dec-2010http://www.sec.gov/CIK0000095029instant2010-12-31T00:00:000001-01-01T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2falsefalseUSDfalsefalse12/31/2009
USD ($)
$Context_As_Of_31-Dec-2009http://www.sec.gov/CIK0000095029instant2009-12-31T00:00:000001-01-01T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2false0us-gaap_TreasuryStockSharesus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse41660344166034falsefalsefalsefalsefalse2truefalsefalse3753
8213753821falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesNumber of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30
-Article 5
falsefalse3false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://www.ruger.com/role/consolidatedbalancesheetsparenthetical1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3fa
lsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Nonvoting Common Stock
12/31/2010
USD ($) / shares
USD ($)
$Context_As_Of_31-Dec-2010_NonvotingCommonStockMemberhttp://www.sec.gov/CIK0000095029instant2010-12-31T00:00:000001-01-01T00:00:00falsefalseNonvoting Common Stockus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_NonvotingCommonStockMemberus-gaap_StatementClassOfStockAxisexplicitMemberSharesStandardhttp://www.xbrl.org/2003/i
nstancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$4falsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Nonvoting Common Stock
12/31/2009
USD ($)
USD ($) / shares
$Context_As_Of_31-Dec-2009_NonvotingCommonStockMemberhttp://www.sec.gov/CIK0000095029instant2009-12-31T00:00:000001-01-01T00:00:00falsefalseNonvoting Common Stockus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_NonvotingCommonStockMemberus-gaap_StatementClassOfStockAxisexplicitMemberUSDStandardhttp://www.xbrl.org/2003/iso4
217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$OthernaNo definition available.No authoritative reference available.falsefalse4false0us-gaap_CommonStockParOrStatedValuePerShareus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse11falsetruefalsefalsefalse2truefalsefalse11falsetruefalsefalsefalseEPSus-types:perShareItemTypedecimalFace amount or stated value of common stock per share; generally not indicative of the fair market value per share.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsetrue5false0us-gaap_CommonStockSharesAuthorizedus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse5000050000falsefalsefalsefalsefalse2truefalsefalse5000050000falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesThe maximum number of common shares permitted to be issued by an entity's charter and bylaws.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse6false0us-gaap_CommonStockSharesIssuedus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00 falsefalsefalsefalsefalse2falsefalsefalse00 falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesTotal number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse7false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://www.ruger.com/role/consolidatedbalancesheetsparenthetical1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse5falsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Common Class A
12/31/2010
USD ($)
USD ($) / shares
$Context_As_Of_31-Dec-2010_CommonClassAMemberhttp://www.sec.gov/CIK0000095029instant2010-12-31T00:00:000001-01-01T00:00:00falsefalseCommon Class Aus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_CommonClassAMemberus-gaap_StatementClassOfStockAxisexplicitMemberSharesStandardhttp://www.xbrl.org/2003/instance<
MeasureValue>sharesxbrli0USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$6falsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Common Class A
12/31/2009
USD ($) / shares
USD ($)
$Context_As_Of_31-Dec-2009_CommonClassAMemberhttp://www.sec.gov/CIK0000095029instant2009-12-31T00:00:000001-01-01T00:00:00falsefalseCommon Class Aus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_CommonClassAMemberus-gaap_StatementClassOfStockAxisexplicitMemberUSDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$OthernaNo definition available.No authoritative reference available.falsefalse8false0us-gaap_CommonStockParOrStatedValuePerShareus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse11falsetruefalsefalsefalse2truefalsefalse11false<
/IsIndependantCurrency>truefalsefalsefalseEPSus-types:perShareItemTypedecimalFace amount or stated value of common stock per share; generally not indicative of the fair market value per share.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 129
-Paragraph 4
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsetrue9false0us-gaap_CommonStockSharesAuthorizedus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse4000000040000000falsefalsefalsefalsefalse2truefalsefalse4000000040000000falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesThe maximum number of common shares permitted to be issued by an entity's charter and bylaws.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse10false0us-gaap_CommonStockSharesIssuedus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse2300328523003285falsefalsefalsefalsefalse2truefalsefalse2282660122826601falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesTotal number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse11false0us-gaap_CommonStockSharesOutstandingus-gaaptruenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse1883725118837251falsefalsefalsefalsefalse2truefalsefalse1907278019072780falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesTotal number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Excludes common shares repurchased by the entity and held as Treasury shares. Shares outstanding equals shares issued minus shares held in treasury. Does not include common shares that have been repurchased.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse210Balance Sheets (Parentheticals) (USD $)UnKnownNoRoundingNoRoundingUnKnownfalsetrueXML
22
R14.xml
IDEA: Line Of Credit
2.2.0.25falsefalse14 - Disclosure - Line Of Credittruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_LineOfCreditFacilityAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">7.          Line of Credit</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In December 2007, the Company established an unsecured $25 million revolving line of credit with a bank. This facility is renewable annually and now terminates on December 12, 2011. The credit facility remained unused at both December 31, 2010 and 2009 and throughout 2010. Borrowings under this facility would bear interest at LIBOR (0.78% at December 31, 2010) plus 200 basis points and the Company is charged three-eighths of a percent (.375%) per year on the unused portion. At December 31, 2010 and 2009, the Company was in compliance with the terms and covenants of the credit facility.</font></div>
7.          Line of Credit
 
In December 2007, the Company established an unsecured $25 millionfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used to capture the complete disclosure pertaining to short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.Reference 1: http://www.xbrl
.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph f
-Article 4
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 22
-Article 5
falsefalse12Line Of CreditUnKnownUnKnownUnKnownUnKnownfalsetrueXML
23
R15.xml
IDEA: Employee Benefit Plans
2.2.0.25falsefalse15 - Disclosure - Employee Benefit Planstruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_EmployeeBenefitsAndShareBasedCompensationAbstractus-gaaptruenadurationNo definition available.falsefalse
falsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">8.          Employee Benefit Plans</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company has migrated its retirement benefits from defined-benefit pension plans to defined-contribution retirement plans, utilizing its current 401(k) plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Defined-Benefit Plans</font>                       </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">                    </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company sponsors two qualified defined-benefit pension plans that cover substantially all employees. A third defined-benefit pension plan is non-qualified and covered certain executive officers of the Company. The Company also sponsors a defined-contribution 401(k) plan that covers substantially all employees.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2007, the Company amended its hourly and salaried defined-benefit pension plans so that employees no longer accrue benefits under them effective December 31, 2007. This action “froze” the benefits for all employees and prevented future hires from joining the plans, effective December 31, 2007. Currently, the Company provides supplemental discretionary contributions to substantially all employees’ individual 401(k) accounts.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Minimum cash contributions of $1.7 million were required for the defined-benefit plans for 2010. The Company contributed $2 million to the defined-benefit plans in both 2010 and 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In future years, the Company may again be required to make cash contributions to the two defined-benefit pension plans. The annual contributions will be based on the amount of the unfunded plan liabilities derived from the frozen benefits and will not include liabilities for any future accrued benefits for any new or existing participants. The total amount of these future cash contributions will depend on the investment returns generated by the plans’ assets and the then-applicable discount rates used to calculate the plans’ liabilities.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company plans to contribute approximately $2 million in 2011, but will increase the amount of the contribution if required to do so. The intent of these contributions is to reduce the amount of time that the Company will be required to continue to operate the frozen plans. The ongoing cost of running the plans (even if frozen) is approximately $0.2 million per year, which includes PBGC premiums, actuary and audit fees, and other expenses.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The measurement dates of the assets and liabilities of all plans presented for 2010 and 2009 were December 31, 2010 and December 31, 2009, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In the first quarter of 2009, the Company settled $2.1 million of pension liabilities through the purchases of group annuities. This transaction resulted in an insignificant actuarial gain.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Summarized information on the Company’s defined-benefit pension plans is as follows:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Obligations and Funded Status at December 31</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Change in Benefit Obligation</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefit obligation at beginning of year</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">60,326</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Service cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Interest cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,576</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,735</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Actuarial loss</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,694</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,821</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefits paid</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,617 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(4,742 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefit obligation at end of year</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,793</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Change in Plan Assets</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fair value of plan assets at beginning of year</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">43,380</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Actual return on plan assets</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,940</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">11,154</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Employer contributions</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,155</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,154</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Benefits paid</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,617 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(4,742 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fair value of plan assets at end of year</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">59,424</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Funded Status</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Funded status</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(9,369 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(12,194 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Unrecognized net actuarial loss</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">31,691</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">32,841</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Unrecognized prior service cost</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net amount recognized</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">22,322</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,647</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 9pt; text-indent: -9pt"> </div>
<div style="display: block; text-indent: 0pt">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Weighted Average Assumptions for the years ended December 31,</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Discount rate</font></div>
</td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.75</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.25</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected long-term return on plan assets</font></div>
</td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.00 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="left" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.00 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 18pt; text-indent: -18pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Rate of compensation increases</font></div>
</td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Components of Net Periodic Pension Cost</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Service cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Interest cost</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,576</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,735</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected return on assets</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(4,127 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(3,361 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Recognized gains</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,031</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,253</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Prior service cost recognized</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Net periodic pension cost</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">480</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,633</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Amounts Recognized on the Balance Sheet</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accrued benefit liability</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(9,369</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(12,194</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></div>
</td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accumulated other comprehensive loss, net of tax</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,648</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,362</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred tax asset</font></div>
</td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,043</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,479</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">22,322</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,647</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Weighted Average Assumptions as of December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Discount rate</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.25 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.75 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Rate of compensation increases</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">N/A</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Information for Pension Plans with an Accumulated Benefit Obligation in excess of plan assets</font></font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Projected benefit obligation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,793</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accumulated benefit obligation</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68,793</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">64,140</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 45pt; text-indent: -45pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fair value of plan assets</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">59,424</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">Pension Weighted Average Asset Allocations as of December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Debt securities</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">26 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">29 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Equity securities</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">65 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Real estate</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Money market funds</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">100 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">100 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The estimated future benefit payments for the defined-benefit plans for each of the next five years and the total amount for years six through ten, are as follows: 2011-$3.0 million, 2012-$3.2 million, 2013-$3.4 million, 2014-$3.6 million, 2015-$3.8 million and for the five year period ending 2020-$20.8 million.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company determines the expected return on plan assets based on the target asset allocations. In addition, the historical returns of the plan assets are also considered in arriving at the expected rate of return.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company recorded an additional minimum pension liability adjustment, net of tax, which increased comprehensive income by $0.7 million and $2.6 million in 2010 and 2009, respectively, and decreased comprehensive income by $9.6 million in 2008.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Plan Assets</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The current investment objective is to produce income and long-term appreciation through a target asset allocation of 35% debt securities and other fixed income investments including cash and short-term instruments, and 65% equity investments, to provide for the current and future benefit payments of the plans. The pension plans are not invested in the common stock of the Company.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company adopted the provisions of ASC 820.10 which defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. The Company has determined that all financial assets of both its defined-benefit pension plans are level 2 in the fair value hierarchy established by ASC 820.10. The valuation of level 2 assets are based on inputs, other than quoted prices in active markets, that are either directly or indirectly observable for the assets.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The disclosures focus on the inputs used to measure fair value. The following is a description of the valuation methodologies used to measure the plans’ assets at fair value:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-style: italic; text-decoration: underline">Pooled separate accounts</font>: Valued at the net asset value (“NAV”) of units held by the plans at year end, which is determined by aggregating the quoted market values of the underlying assets.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; font-style: italic; text-decoration: underline">Money market funds</font>: Valued at the NAV of shares held by the plans at year end, which is generally intended to approximate one dollar per share.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following table sets forth the defined-benefit plans’ assets at fair value:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Pooled separate accounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Equity securities:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">U.S. small cap equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,190</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,929</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">U.S. mid-cap equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,987</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14,659</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">U.S. large-cap equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,700</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,342</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">International equity funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,866</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,502</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Domestic real estate funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,013</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,439</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Fixed income securities:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Corporate bond funds</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">15,615</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">15,014</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Money market fund</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">53</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">61</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">59,424</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">51,946</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Defined-Contribution Plans</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Prior to 2007, the Company also sponsored two qualified defined-contribution plans that covered substantially all of its hourly and salaried employees. Effective January 1, 2007, the qualified defined-contribution plans were merged into a single 401(k) plan. Under the terms of the 401(k) plan, the Company matches a certain portion of employee contributions. Expenses related to matching employee contributions to the 401(k) plan were $1.8 million, $1.8 million and $1.3 million in 2010, 2009 and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Additionally, in 2010, 2009 and 2008 the Company provided supplemental discretionary contributions to the individual 401(k) accounts of substantially all employees. Each employee received a supplemental contribution to their account based on a uniform percentage of qualifying base compensation established annually. The cost of these supplemental contributions totaled $1.8 million, $1.7 million and $1.4 million in 2010, 2009 and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Non-Qualified Plan</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company also sponsors a non-qualified defined-contribution plan, the Supplemental Executive Retirement Plan, which covered certain of its salaried employees. In the first quarter of 2008, the Company made lump sum benefit payments to two participants in this plan. These payments, which totaled $2.1 million, represented the actuarially determined present value of the participants’ accrued benefit as of the date of payment. Only one participant, who is retired, remains in this plan.</font></div>
8.          Employee Benefit Plans
 
The Company has migrated its retirement benefits fromfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDescription containing the entire pension and other postretirement benefits disclosure as a single block of text.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
falsefalse12Employee Benefit PlansUnKnownUnKnownUnKnownUnKnownfalsetrueXML
24
R24.xml
IDEA: Contingent Liabilities
2.2.0.25falsefalse24 - Disclosure - Contingent Liabilitiestruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_CommitmentsAndContingenciesDisclosureAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_CommitmentsAndContingenciesDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">17.          Contingent Liabilities</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">As of December 31, 2010, the Company was a defendant in approximately four (4) lawsuits and a counter-defendant in one lawsuit. The Company is aware of certain other such claims.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Lawsuits involving the Company’s products generally fall into one of two categories:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div>
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(i)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Those that claim damages from the Company related to allegedly defective product design and/or manufacture which stem from a specific incident. Pending lawsuits and claims are based principally on the theory of “strict liability” but also may be based on negligence, breach of warranty, and other legal theories; or</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(ii)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Those brought by cities or other governmental entities, and individuals against firearms manufacturers, distributors and retailers seeking to recover damages allegedly arising out of the misuse of firearms by third-parties in the commission of homicides, suicides and other shootings involving juveniles and adults.</font></div>
</td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">As to lawsuits of the first type, management believes that, in every case involving firearms, the allegations are unfounded, and that the shootings and any results therefrom were due to negligence or misuse of the firearms by third-parties or the claimant, and that there should be no recovery against the Company.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The only remaining lawsuit of the second type is the lawsuit filed by the City of Gary. The complaint in that case seeks damages, among other things, for the costs of medical care, police and emergency services, public health services, and other services as well as punitive damages. In addition, nuisance abatement and/or injunctive relief is sought to change the design, manufacture, marketing and distribution practices of the various defendants. The suit alleges, among other claims, negligence in the design of products, public nuisance, negligent distribution and marketing, negligence per se and deceptive advertising. The case does not allege a specific injury to a specific individual as a result of the misuse or use of any of the Company’s products. Market share allegations have been held inapplicable by the Indi
ana Supreme Court.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Indiana Court of Appeals affirmed the dismissal of the <font style="display: inline; text-decoration: underline">Gary</font> case by the trial court, but the Indiana Supreme Court reversed this dismissal and remanded the case for discovery proceedings on December 23, 2003. On November 23, 2005, the defendants filed a motion to dismiss pursuant to the PLCAA. The state court judge held the PLCAA unconstitutional and the defendants filed a motion with the Indiana Court of Appeals asking it to accept interlocutory appeal on the issue, which appeal was accepted on February 5, 2007. On October 29, 2007, the Indiana Appellate Court affirmed, holding that the PLCAA does not apply to the City’s claims. A petition for rehearing was filed in the Appellate Court and denied on January 9, 2008. On February 8, 20
08, a Petition to Transfer the appeal to the Supreme Court of Indiana was filed. The petition was denied on January 13, 2009 and the case was remanded to the trial court. No trial date has been set.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In addition to the foregoing, on August 18, 2009, the Company was served with a complaint captioned Steamfitters Local 449 Pension Fund, on Behalf of Itself and All Others Similarly Situated v. Sturm, Ruger & Co. Inc., et al. pending in the United States District Court for the District of Connecticut. The complaint seeks unspecified damages for alleged violations of the Securities Exchange Act of 1934 and is a purported class action on behalf of purchasers of the Company’s common stock between April 23, 2007 and October 29, 2007. On October 9, 2009, the Company waived service of a complaint captioned Alan R. Herrett, Individually and On Behalf of All Others Similarly Situated v. Sturm, Ruger & Co. Inc., et al. pending in the United States District Court for the District of Connecticut. This matter
is based upon the same facts and basic allegations set forth in the Steamfitters Local 449 Pension Fund litigation. On October 12, 2009, a motion to consolidate the two actions was filed by counsel for the Steamfitters. On January 11, 2010, the court entered an order consolidating the two matters. A consolidated amended complaint was filed on March 11, 2010. The defendants, including the Company, filed a motion to dismiss on April 26, 2010 and plaintiffs filed a response on June 18, 2010. Defendants then filed a reply in support of the motion on July 19, 2010. Oral argument was held on November 22, 2010. On February 4, 2011, the Court entered an order granting the motion to dismiss in part and denying it in part. The matter is ongoing and no scheduling order has yet been entered.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Punitive damages, as well as compensatory damages, are demanded in certain of the lawsuits and claims. Aggregate claimed amounts presently exceed product liability accruals and applicable insurance coverage. For claims made after July 10, 2000, coverage is provided on an annual basis for losses exceeding $5 million per claim, or an aggregate maximum loss of $10 million annually, except for certain new claims which might be brought by governments or municipalities after July 10, 2000, which are excluded from coverage.</font></div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company management monitors the status of known claims and the product liability accrual, which includes amounts for asserted and unasserted claims. While it is not possible to forecast the outcome of litigation or the timing of costs, in the opinion of management, after consultation with special and corporate counsel, it is not reasonably possible that litigation, including punitive damage claims, will have a material adverse effect on the financial position of the Company, but may have a material impact on the Company’s financial results for a particular period.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Product liability claim payments are made when appropriate if, as, and when claimants and the Company reach agreement upon an amount to finally resolve all claims. Legal costs are paid as the lawsuits and claims develop, the timing of which may vary greatly from case to case. A time schedule cannot be determined in advance with any reliability concerning when payments will be made in any given case.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Provision is made for product liability claims based upon many factors related to the severity of the alleged injury and potential liability exposure, based upon prior claim experience. Because our experience in defending these lawsuits and claims is that unfavorable outcomes are typically not probable or estimable, only in rare cases is an accrual established for such costs. In most cases, an accrual is established only for estimated legal defense costs. Product liability accruals are periodically reviewed to reflect then-current estimates of possible liabilities and expenses incurred to date and reasonably anticipated in the future. Threatened product liability claims are reflected in our product liability accrual on the same basis as actual claims; i.e., an accrual is made for reasonably anticipated possible liability an
d claims-handling expenses on an ongoing basis.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">A range of reasonably possible loss relating to unfavorable outcomes cannot be made. However, in product liability cases in which a dollar amount of damages is claimed, the amount of damages claimed, which totaled $0.0 million and $7.7 million at December 31, 2010 and 2009, respectively, are set forth as an indication of possible maximum liability that the Company might be required to incur in these cases (regardless of the likelihood or reasonable probability of any or all of this amount being awarded to claimants) as a result of adverse judgments that are sustained on appeal.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">As of December 31, 2010 and 2009, the Company was a defendant in 1 and 3 lawsuits, respectively, involving its products and is aware of other such claims. As of December 31, 2010 and 2009, there were 1 and 2 ongoing lawsuits, respectively, from which the Company was dismissed, though the dismissals were not final. During the year ended December 31, 2010 and 2009, respectively, 0 and 2 claims were filed against the Company, 1 and 2 claims were dismissed, and 2 and 1 claims were settled.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company’s product liability expense was negligible in 2010, and $1.6 million in 2009. This expense includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.</font></div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">A roll-forward of the product liability reserve and detail of product liability expense for the three years ended December 31, 2010 follows:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Balance Sheet Roll-forward for Product Liability Reserve</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="85%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"> </td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="6" valign="bottom" width="26%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Cash Payments</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="25%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance Beginning of Year (a)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accrued Legal Expense (Income) (b)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Legal Fees (c)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Settlements (d)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance End of Year (a)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="25%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,933</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">176</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(358</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(7</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,744</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="25%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,744</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">873</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(274 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(261 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,082</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="25%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="25%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,082</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(834 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(64 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(162 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,022</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Income Statement Detail for Product Liability Expense</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="59%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="37%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%" style="padding-bottom: 1px"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Accrued Legal Expense (b)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Insurance Premium Expense (e)</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%" style="border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Total Product Liability Expense</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="37%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="16%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="37%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">176</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">739</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">915</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="37%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="37%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">873</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">745</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,618</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="37%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="37%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(834 </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">843</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="4%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="15%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9</font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">Notes</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div>
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The beginning and ending liability balances represent accrued legal fees only. Settlements and administrative costs are expensed as incurred. Only in rare instances is an accrual established for settlements.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The expense accrued in the liability is for legal fees only. In 2010, the costs incurred related to cases that were settled or dismissed were less than the amounts accrued for these cases in prior years.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Legal fees represent payments to outside counsel related to product liability matters.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(d)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Settlements represent payments made to plaintiffs or allegedly injured parties in exchange for a full and complete release of liability.</font></div>
</td>
</tr><tr>
<td align="left" valign="top" width="5%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="67%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(e)</font></div>
</td>
<td valign="bottom" width="67%" style="text-align: justify">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Insurance expense represents the cost of insurance premiums.</font></div>
</td>
</tr></table>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">There were no insurance recoveries during any of the above years.</font></div>
17.          Contingent Liabilities
As of December 31, 2010, the Company was a defendant in approximatelyfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringIncludes disclosure of commitments and contingencies. This element may be used as a single block of text to encapsulate the entire disclosure including data and tables.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
falsefalse12Contingent LiabilitiesUnKnownUnKnownUnKnownUnKnownfalsetrueXML
25
R20.xml
IDEA: Compensation Plans
2.2.0.25falsefalse20 - Disclosure - Compensation Planstruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_DisclosureOfCompensationRelatedCostsShareBasedPaymentsAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemType<
/ElementDataType>stringNo definition available.falsefalse3false0us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">13.          Compensation Plans</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 1998, the Company adopted, and in May 1999 the shareholders approved, the 1998 Stock Incentive Plan (the “1998 Plan”) under which employees were granted options to purchase shares of the Company’s Common Stock and stock appreciation rights. The Company reserved 2,000,000 shares for issuance under the 1998 Plan. These options have an exercise price equal to the fair market value of the shares of the Company at the date of grant, become vested ratably over five years, and expire ten years from the date of grant. In April 2007, all reserved shares for which a stock option had not been granted under the 1998 Plan were deregistered. No further stock options or stock will be granted under the 1998 Plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">On December 18, 2000, the Company adopted, and in May 2001 the shareholders approved, the 2001 Stock Option Plan for Non-Employee Directors (the “2001 Plan”) under which non-employee directors were granted options to purchase shares of the Company’s authorized but unissued stock. The Company reserved 200,000 shares for issuance under the 2001 Plan. Options granted under the 2001 Plan have an exercise price equal to the fair market value of the shares of the Company at the date of grant and expire ten years from the date of grant. Twenty-five percent of the options vest immediately upon grant and the remaining options vest ratably over three years. In April 2007, all reserved shares for which a stock option had not been granted under the 2001 Plan were deregistered. No further stock options or s
tock will be granted under the 2001 Plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In April 2007, the Company adopted and the shareholders approved the 2007 Stock Incentive Plan (the “2007 SIP”) under which employees, independent contractors, and non-employee directors may be granted stock options, restricted stock, deferred stock awards, restricted stock units, and stock appreciation rights, any of which may or may not require the achievement of performance objectives. Vesting requirements are determined by the Compensation Committee or the Board of Directors. The Company reserved 2,550,000 shares for issuance under the 2007 SIP. At December 31, 2010, an aggregate of 1,535,000 shares remain available for grant under the Plan.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Compensation expense related to stock options is recognized based on the grant-date fair value of the awards estimated using the Black-Scholes option pricing model. Compensation expense related to deferred stock, restricted stock, and restricted stock units is recognized based on the grant-date fair value of the Company’s common stock. The total stock-based compensation cost included in the Statements of Income was $2.6 million, $4.2 million and $0.4 million in 2010, 2009 and 2008, respectively. The 2009 expense was unusually high because performance based stock options and restricted stock units that had been granted over several years vested in 2009 as a result of the operating performance in 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Stock Options</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">For purposes of determining the fair value of stock option awards, the Company uses the Black-Scholes option pricing model and the assumptions set forth in the table below.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Dividend yield</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">0.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected volatility</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">40.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">41.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">47.6 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Risk free rate of return</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.0 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">%</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Expected lives</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.7 years</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.0 years</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.5 years</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The estimated fair value of options granted is subject to the assumptions made and if the assumptions changed, the estimated fair value amounts could be significantly different.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The following table summarizes the stock option activity of the Plans:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="40%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Shares</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted Average Exercise Price</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted Average Grant Date Fair Value</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: center">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Weighted Average Remaining Contractual Life (Years)</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2007</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,091,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.44</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3.91</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.4</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Granted</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">359,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.10</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.39</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.4</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Exercised</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Canceled</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(30,000 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13.39</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5.64</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.5</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2008</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,420,250</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.02</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3.99</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.0</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Granted</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">115,900</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.69</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.57</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.3</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Exercised</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(38,000 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.73</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2.56</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.1</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Canceled</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2009</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,498,150</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.00</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.13</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7.1</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Granted</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">40,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.70</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.80</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.0</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Exercised</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(366,000 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.11</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3.15</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.5</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Canceled</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">-</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Outstanding at December 31, 2010</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,172,150</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.30</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.46</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.7</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Exercisable Options Outstanding at December 31, 2010</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">878,150</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9.46</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.51</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.6</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="40%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 9pt; text-indent: -9pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Non-Vested Options Outstanding at December 31, 2010</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">294,000</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8.84</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4.34</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6.8</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">At December 31, 2010, the aggregate intrinsic value of all options, including exercisable options, was $7.5 million.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">At December 31, 2010, there was $1.4 million of unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 3.0 years.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Deferred Stock</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deferred stock awards vest based on the passage of time or the Company’s attainment of performance objectives. Upon vesting, these awards convert one-for-one to common stock.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2008, 18,222 deferred stock awards were issued to non-employee directors that vested in April 2009.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, 13,360 deferred stock awards were issued to non-employee directors that vested in April 2010.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, 12,902 deferred stock awards were issued to non-employee directors that will vest in April 2011 and 17,331 deferred stock awards were issued to non-employee directors that will vest in April 2013.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Compensation expense related to these awards is amortized ratably over the vesting period. Compensation expense related to these awards was $0.3 million, $0.2 million and $0.2 million in 2010, 2009 and 2008, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"><font style="display: inline; text-decoration: underline">Restricted Stock Units</font></font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Beginning in the second quarter of 2009, the Company began granting restricted stock units in lieu of incentive stock options to senior employees. The vesting of these RSU’s is dependent on the achievement of various corporate objectives established by the Compensation Committee of the Board of Directors.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">During 2010, 76,000 restricted stock units were issued. Compensation costs related to these restricted stock units was $1.1 million, all of which was recognized in 2010 because the performance objectives were attained and the awards became fully vested.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">During 2009, 60,100 restricted stock units were issued. Compensation costs related to these restricted stock units was $0.7 million, all of which was recognized in 2009 because the performance objectives were attained and the awards became fully vested.</font></div>
13.          Compensation Plans
 
In 1998, the Company adopted, and in May 1999 the shareholdersfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDisclosure of compensation-related costs for share-based compensation which may include disclosure of policies, compensation plan details, allocation of stock compensation, incentive distributions, share-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14
falsefalse12Compensation PlansUnKnownUnKnownUnKnownUnKnownfalsetrueXML
26
R4.xml
IDEA: Statements of Income
2.2.0.25falsefalse04 - Statement - Statements of IncometruefalseIn Thousands, except Per Share datafalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2falsefalseUSDfalsefalse1/1/2009 - 12/31/2009
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2009http://www.sec.gov/CIK0000095029duration2009-01-01T00:00:002009-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$3falsefalseUSDfalsefalse1/1/2008 - 12/31/2008
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2008http://www.sec.gov/CIK0000095029duration2008-01-01T00:00:002008-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$5false0rgr_NetFirearmsSalesrgrfalsecreditdurationAggregate revenue during the period from the firearms are available for sold .Such as models based upon caliber, finish,...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse251680000251680falsetruefalsefalsefalse2truefalsefalse266566000266566falsetruefalsefalsefalse3truefalsefalse174416000174416falsetruefalsefalsefalse
hasScenarios>Monetaryxbrli:monetaryItemTypemonetaryAggregate revenue during the period from the firearms are available for sold .Such as models based upon caliber, finish, barrel length, and other features.No authoritative reference available.falsefalse6false0rgr_NetCastingsSalesrgrfalsecreditdurationAggregate revenue during the period from the sale of castings made from steel alloys use in the firearms segment .falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse35260003526falsefalsefalsefalsefalse2truefalsefalse44190004419falsefalsefalsefalsefalse3truefalsefalse70670007067falsefalsefalsefalsefalseMonetary<
ElementDataType>xbrli:monetaryItemTypemonetaryAggregate revenue during the period from the sale of castings made from steel alloys use in the firearms segment .No authoritative reference available.falsefalse7false0us-gaap_SalesRevenueGoodsNetus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsef
alsefalsefalsefalsetotallabel1truefalsefalse255206000255206falsefalsefalsefalsefalse2truefalsefalse270985000270985falsefalsefalsefalsefalse3truefalsefalse181483000181483falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAggregate revenue during the period from the sale of goods in the normal cour
se of business, after deducting returns, allowances and discounts.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 1
-Article 5
truefalse8false0us-gaap_CostOfGoodsSoldus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsef
alse171224000171224falsefalsefalsefalsefalse2truefalsefalse183380000183380falsefalsefalsefalsefalse3truefalse<
DisplayZeroAsNone>false138730000138730falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal costs related to goods produced and sold during the reporting period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 2
-Article 5
falsefalse9false0us-gaap_GrossProfitus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse8398200083982falsefalsefalsefalsefalse2truefalsefalse8760500087605falsefalsefalsefalsefalse3truefalsefalse4275300042753falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.No authoritative reference available.truefalse10true0us-gaap_OperatingExpensesAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse11false0us-gaap_SellingExpenseus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse2351700023517falsefalsefalsefalsefalse2truefalsefalse2182200021822falsefalsefalsefalsefalse3truefalsefalse1718900017189falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemone
taryExpenses recognized in the period that are directly related to the selling and distribution of products or services.No authoritative reference available.falsefalse12false0us-gaap_GeneralAndAdministrativeExpenseus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse1665200016652falsefalsefalsefalsefalse2truefalsefalse2038700020387false<
ShowCurrencySymbol>falsefalsefalsefalse3truefalsefalse1286700012867falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directl
y or indirectly associated with the manufacture, sale or creation of a product or product line.No authoritative reference available.falsefalse13false0rgr_OtherOperatingIncomeExpensenetrgrfalsedebitdurationThe net amount of other operating income and expense.falsefalsefalsefalsefalsefalsefalsefalsefals
efalseverboselabel1truefalsefalse420000420falsefalsefalsefalsefalse2truefalsefalse14920001492falsefalsefalsefalsefalse3truefalsefalse-840000-840falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe net amount of other operating income and expense.No authoritative reference available.false<
IsEPS>false14false0us-gaap_OperatingExpensesus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse4058900040589falsefalsefalsefalsefalse2truefalsefalse4370100043701falsefalsefalsefalsefalse3truefalsefalse2921600029216falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryGenerally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.No authoritative reference available.truefalse15false0us-gaap_OperatingIncomeLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse4339300043393falsefalsefalsefalsefalse2truefalsefalse4390400043904falsefalsefalsefalsefalse3truefalsefalse1353700013537falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe net result for the period of deducting operating expenses from operating revenues.No authoritative reference available.truefalse16true0us-gaap_NonoperatingIncomeExpenseAbstractus-gaaptrue<
BalanceType>nadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefa
lsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse17false0us-gaap_RoyaltyIncomeNonoperatingus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse429000429falsefalsefalsefalsefalse2truefalsefalse490000490falsefalsefalsefalsefalse3truefalsefalse141000141falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAncillary revenue earned during the period from the consideration paid to the entity for the use of it
s rights and property by another party. Examples include licensing the use of copyrighted materials and leasing the extraction of natural resources.No authoritative reference available.falsefalse18false0us-gaap_InvestmentIncomeInterestus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse4800048falsefalsefalsefalsefalse2truefalsefalse118000118falsefalsefalsefalsefalse3truefalsefalse405000405falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryIncome derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments
are for the use or forbearance of money.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 14
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 5
falsefalse19false0us-gaap_InterestExpenseus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1truefalsefalse
-143000-143falsefalsefalsefalsefalse2truefalsefalse-158000-158falsefalsefalsefalsefalse3truefalsefalse-63000-63falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe cost of borrowed funds accounted for as interest that was charged against earnings during the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 34
-Paragraph 21
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher OTS
-Name Federal Regulation (FR)
-Number Title 12
-Chapter V
-Section 563c.102
-Paragraph 9
-Subsection II
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 9
-Article 9
falsefalse20false0us-gaap_OtherNonoperatingIncomeExpenseus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalse<
DisplayZeroAsNone>false422000422falsefalsefalsefalsefalse2truefalsefalse60006falsefalsefalsefalsefalse3truefalsefalse-42000-42falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe net amount of other nonoperating income and expense, which does not qualify for separate disclosure on the income statement under materiality guidelines.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 9
-Article 5
falsefalse21false0us-gaap_NonoperatingIncomeExpenseus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse756000756falsefalsefalsefalsefalse2truefalsefalse456000456falsefalsefalsefalsefalse3truefalse
false441000441falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe aggregate amount of income (expense) from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 5
truefalse22false0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse4414900044149falsefalsefalsefalsefalse2truefalsefalse4436000044360falsefalsefalsefalsefalse3truefalsefalse1397800013978falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetarySum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest.Reference 1: http://www.xbrl
.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Subparagraph 1(i)
-Article 4
truefalse23false0us-gaap_IncomeTaxExpenseBenefitus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse1589400015894falsefalsefalsefalsefalse2truefalsefalse1685700016857falsefalsefalsefalsefalse3true
falsefalse53120005312falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe sum of the current income tax expense (benefit) and the deferred income tax expense (benefit) pertaining to continuing operations.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 45
-Subparagraph a, b
falsefalse24false0us-gaap_ProfitLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse2825500028255falsetruefalsefalsefalse2truefalsefalse2750300027503falsetruefalsefalsefalse3truefalsefalse86660008666falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
truefalse25false0us-gaap_EarningsPerShareBasicus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefa
lse1.481.48falsetruefalsefalsefalse2truefalsefalse1.441.44falsetruefalsefalsefalse3truefalsefalse0.430.43falsetruefalsefalsefalseEPSus-types:perShareItemTypedecimalThe amount of net income or loss for the period per each share of common stock outstanding during the reporting period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 36, 37, 38
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
-Article 5
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 18
-Article 7
falsetrue26false0us-gaap_EarningsPerShareDilutedus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse1.461.46falsetruefalsefalsefalse2truefalsefalse1.421.42falsetruefalsefalsefalse3truefalsefalse0.430.43falsetruefalsefalsefalseEPSus-types:perShareItemTypedecimalThe amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 11, 12, 36
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 20
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 18
-Article 7
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 21
-Article 9
falsetrue27false0us-gaap_CommonStockDividendsPerShareCashPaidus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1t
ruefalsefalse0.330.33falsetruefalsefalsefalse2truefalsefalse0.310.31falsetruefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseEPSus-types:perShareItemTypedecimalAggregate dividends paid during the period for each share of common stock outstanding.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
falsetrue323Statements of Income (USD $)ThousandsUnKnownNoRoundingUnKnownfalsetrueXML
27
R27.xml
IDEA: Schedule Valuation and Qualifying Accounts
2.2.0.25falsefalse27 - Schedule - Schedule Valuation and Qualifying Accountstruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_ScheduleOfValuationAndQualifyingAccountsDisclosureAbstractrgrfalsenadurationNo definition available.falsefal
sefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_ScheduleOfValuationAndQualifyingAccountsDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 12pt; font-family: times new roman">Schedule II—Valuation and Qualifying Accounts</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font size="3"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">(In Thousands)</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"><font style="display: inline; font-style: italic"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center">
<div align="left">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td valign="bottom" width="36%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. A</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. B</font></div>
</td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td colspan="4" valign="bottom" width="22%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. C</font></div>
</td>
<td valign="top" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. D</font></div>
</td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">COL. E</font></div>
</td>
<td valign="bottom" width="1%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr>
<td valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="4" valign="bottom" width="22%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">ADDITIONS</font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="36%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Description</font></div>
</td>
<td valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance at Beginning of Period</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1)</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Charged (Credited) to Costs and Expenses</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2)</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Charged to Other Accounts–Describe</font></div>
</td>
<td valign="top" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deductions</font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="center"><font style="display: inline; font-size: 10pt; font-family: times new roman">Balance at End of Period</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr>
<td align="left" valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Deductions from asset accounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for doubtful accounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; padding-bottom: 1px; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2010</font></div>
</td>
<td valign="bottom" width="3%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">209</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">68</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="left" valign="bottom" width="1%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td align="right" valign="bottom" width="10%" style="border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">277</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 1px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; padding-bottom: 2px; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2009</font></div>
</td>
<td valign="bottom" width="3%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">126</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">92</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">9</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td align="left" valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="padding-bottom: 2px; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">209</font></div>
</td>
<td valign="bottom" width="1%" style="padding-bottom: 2px"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2008</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">127</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">126</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for discounts:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2010</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">492</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,520</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,385</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">627</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2009</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">449</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,869</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,826</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">492</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2008</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">233</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,370</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,154</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">449</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="36%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Excess and obsolete inventory reserve:</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2010</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,727</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,057</font></div>
</td>
<td align="left" valign="bottom" width="1%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">125</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,545</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2009</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,569</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">239</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,081</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">2,727</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="36%" style="padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Year ended December 31, 2008</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,143</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,163</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="10%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="top" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,737</font></div>
</td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)</font></div>
</td>
<td align="left" valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></div>
</td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,569</font></div>
</td>
<td valign="bottom" width="1%"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
</tr></table>
</div>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: center"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">(a)           Accounts written off</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">(b)           Discounts taken</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">(c)           Inventory written off</font></div>
Schedule II—Valuation and Qualifying Accounts
 
(In Thousands)
 
COL. A
 
 
COL. B
 
 
COL. C
 falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringAn element designated to encapsulate the entire schedule of any allowance and reserve accounts (their beginning and ending balances, as well as a reconciliation by type of activity during the period). Alternatively, disclosure of the required information may be within the footnotes to the financial statements or a supplemental schedule to the financial statements.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 09
-Article 12
falsefalse12Schedule Valuation and Qualifying AccountsUnKnownUnKnownUnKnownUnKnownfalsetrueXML
28
R16.xml
IDEA: Other Operating Expenses (Income), Net
2.2.0.25falsefalse16 - Disclosure - Other Operating Expenses (Income), Nettruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_OtherIncomeAndOtherExpenseAbstractrgrfalsenadurationOther Income And Other Expense.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringOther Income And Other Expense.falsefalse3false0us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverbose
label1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">9.          Other Operating Expenses (Income), net</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Other operating expenses (income), net consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Loss (gain) on sale of operating assets (a)</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">22</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(45</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(95</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Frozen defined-benefit pension plan expense (income)</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">398</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,537</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(745 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Total other operating expenses (income), net</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">420</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">1,492</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(840</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt">
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="top" width="5%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">(a)</font></div>
</td>
<td align="left" valign="top" width="95%">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">The gain on sale of operating assets was generated primarily from the sale of used machinery and equipment related to firearms.</font></div>
</td>
</tr></table>
</div>
</div>
9.          Other Operating Expenses (Income), net
 
Other operating expenses (income), net consist offalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDiscloses other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that should be disclosed in this note, or in the income statement, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 3, 6, 7, 9
-Article 5
falsefalse12Other Operating Expenses (Income), NetUnKnownUnKnownUnKnownUnKnownfalsetrueXML
29
R9.xml
IDEA: Trade Receivables, Net
2.2.0.25falsefalse09 - Disclosure - Trade Receivables, Nettruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_AccountsNotesLoansAndFinancingReceivableGrossAllowanceAndNetAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:st
ringItemTypestringNo definition available.falsefalse3false0us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalse
IsEndingBalance>falseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2.          Trade Receivables, Net</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade receivables consist of the following:</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify">
<div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade receivables</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">32,469</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">25,750</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for doubtful accounts</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(277</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(209</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Allowance for discounts</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(627</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(492</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">31,565</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">25,049</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
</div>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, the largest individual trade receivable balances accounted for 15%, 15%, 12%, 12%, 11% and 10% of total trade receivables, respectively.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, the largest individual trade receivable balances accounted for 16%, 14%, 13%, and 13% of total trade receivables, respectively.</font></div>
2.          Trade Receivables, Net
 
Trade receivables consist of the following:
 
DecemberfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringIncludes disclosure of claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3, 4
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 9
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 13
-Subparagraph d
falsefalse12Trade Receivables, NetUnKnownUnKnownUnKnownUnKnownfalsetrueXML
30
R6.xml
IDEA: Statements of Stockholders' Equity (Parentheticals)
2.2.0.25falsefalse06 - Statement - Statements of Stockholders' Equity (Parentheticals)truefalseIn Thousands, except Share datafalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2falsefalseUSDfalsefalse1/1/2009 - 12/31/2009
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2009http://www.sec.gov/CIK0000095029duration2009-01-01T00:00:002009-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$3falsefalseUSDfalsefalse1/1/2008 - 12/31/2008
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2008http://www.sec.gov/CIK0000095029duration2008-01-01T00:00:002008-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_StatementOfStockholdersEquityAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel
1truefalsefalse460000460falsetruefalsefalsefalse2truefalsefalse16080001608falsetruefalsefalse<
/hasSegments>false3truefalsefalse58820005882falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTax effects of the net changes to accumulated comprehensive income during the period related to benefit plans.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 25
falsefalse4false0us-gaap_TreasuryStockSharesAcquiredus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse412213412213falsefalsefalsefalsefalse2truefalsefalse24012401falsefalsefalsefalsefalse3tru
efalsefalse15354001535400falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesNumber of shares that have been repurchased during the period and are being held in treasury.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30
-Article 5
falsefalse33Statements of Stockholders' Equity (Parentheticals) (USD $)ThousandsNoRoundingUnKnownUnKnownfalsetrueXML
31
R5.xml
IDEA: Statements of Stockholders' Equity
2.2.0.25truefalse05 - Statement - Statements of Stockholders' EquitytruefalseIn Thousandsfalse1falsefalseUSDtruefalse{us-gaap_StatementEquityComponentsAxis} : Common Stock
1/1/2010 - 12/31/2010
USD ($)
$Context_FYE_31-Dec-2010_CommonStockMemberhttp://www.sec.gov/CIK0000095029na0001-01-01T00:00:000001-01-01T00:00:00falsefalseus-gaap_CommonStockMemberus-gaap_StatementEquityComponentsAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_CommonStockMemberus-gaap_StatementEquityComponentsAxisexplicitMemberUSDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$2falsefalseUSDtruefalse{us-gaap_StatementEquityComponentsAxis} : Additional Paid-in Capital
1/1/2010 - 12/31/2010
USD ($)
$Context_FYE_31-Dec-2010_AdditionalPaidInCapitalMemberhttp://www.sec.gov/CIK0000095029na0001-01-01T00:00:000001-01-01T00:00:00falsefalseus-gaap_AdditionalPaidInCapitalMemberus-gaap_StatementEquityComponentsAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_AdditionalPaidInCapitalMemberus-gaap_StatementEquityComponentsAxisexplicitMemberUSDStandardhttp://
www.xbrl.org/2003/iso4217USDiso42170USDUSD$3falsefalseUSDtruefalse{us-gaap_StatementEquityComponentsAxis} : Retained Earnings
1/1/2010 - 12/31/2010
USD ($)
$Context_FYE_31-Dec-2010_RetainedEarningsMemberhttp://www.sec.gov/CIK0000095029na0001-01-01T00:00:000001-01-01T00:00:00falsefalseus-gaap_RetainedEarningsMemberus-gaap_StatementEquityComponentsAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_RetainedEarningsMemberus-gaap_StatementEquityComponentsAxisexplicitMemberUSDStandardhttp://www.xbrl.org/2003/iso
4217USDiso42170USDUSD$4falsefalseUSDtruefalse{us-gaap_StatementEquityComponentsAxis} : Treasury Stock
1/1/2010 - 12/31/2010
USD ($)
$Context_FYE_31-Dec-2010_TreasuryStockMemberhttp://www.sec.gov/CIK0000095029na0001-01-01T00:00:000001-01-01T00:00:00falsefalseus-gaap_TreasuryStockMemberus-gaap_StatementEquityComponentsAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_TreasuryStockMemberus-gaap_StatementEquityComponentsAxisexplicitMemberUSDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$5falsefalseUSDtruefalse{us-gaap_StatementEquityComponentsAxis} : Accumulated Other Comprehensive Loss
1/1/2010 - 12/31/2010
USD ($)
$Context_FYE_31-Dec-2010_AccumulatedOtherComprehensiveIncomeMemberhttp://www.sec.gov/CIK0000095029na0001-01-01T00:00:000001-01-01T00:00:00falsefalseus-gaap_AccumulatedOtherComprehensiveIncomeMemberus-gaap_StatementEquityComponentsAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_AccumulatedOtherComprehensiveIncomeMemberus-gaap_StatementEquityComponentsAxisexplicitMemberUSDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$6falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029na0001-01-01T00:00:000001-01-01T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$1false0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditinstantNo definition available.falsefalsefalsetruefalsefalsefalsetruefalsefalseperiodstartlabelinstant2008-01-01T00:00:000001-01-01T00:00:001truefalsefalse2278800022788falsetruefalsetruefalse2truefalsefalse18360001836falsetruefalsetruefalse3truefalsefalse8483400084834falsetruefalsetr
uefalse4truefalsefalse-20000000-20000falsetruefalsetruefalse5truefalsefalse-13389000-13389falsetruefalsetruefalse6truefalsefalse7606900076069falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest),
if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
falsefalse2false0us-gaap_ProfitLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3truefalsefalse86660008666falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse86660008666falsefalsefalsefalsefalseMonetaryxbr
li:monetaryItemTypemonetaryThe consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
falsefalse3false0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3false<
/IsNumeric>falsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5truefalsefalse-9596000-9596falsefalsefalsetruefalse6truefalsefalse-9596000-9596falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryNet changes to accumulated comprehensive income during the period related to benefit plans, after tax.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph c
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 22, 26
falsefalse4false0us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotalla
bel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse-930000-930falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
truefalse5false0us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse1100011falsefalsefalsetruefalse2truefalsefalse606000606falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse617000617falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryValue of stock issued during the period as a result of any share-based compensation plan other than an employee stock ownership plan (ESOP).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64
falsefalse6false0us-gaap_TreasuryStockValueAcquiredCostMethodus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3falsefalse<
DisplayZeroAsNone>false00falsefalsefalsetruefalse4truefalsefalse-10153000-10153falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse-10153000-10153falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCost of common and preferred stock that were repurchased during the period. Recorded using the cost method.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7
-Subparagraph b
falsefalse7false0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditinstantNo definition available.falsefalsefalsetruefalsefalsefalsefalsetruefalseperiodendlabelinstant2008-12-31T00:00:000001-01-01T00:00:001truefalsefalse2279900022799falsefalsefalsetruefalse2truefalsefalse24420002442falsefalsefalsetruefalse3truefalsefalse9350000093500falsefalsefalsetruefalse4truefalsefalse-30153000-30153falsefalsefalsetruefalse5truefalsefalse-22985000-22985falsefalsefalsetruefalse6truefalsefalse6560300065603<
IsIndependantCurrency>falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
falsefalse8false0us-gaap_ProfitLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3truefalsefalse2750300027503falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse2750300027503falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
falsefalse9false0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3false<
/IsNumeric>falsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5truefalsefalse26230002623falsefalsefalsetruefalse6truefalsefalse26230002623falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryNet changes to accumulated comprehensive income during the period related to benefit plans, after tax.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph c
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 22, 26
falsefalse10false0us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotall
abel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse3012600030126falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
truefalse11false0us-gaap_Dividendsus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3truefalsefalse
DisplayZeroAsNone>-5816000-5816falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefal
se00falsefalsefalsetruefalse6truefalsefalse-5816000-5816falsefalsefalsefalsefalseMonetaryxbrli:m
onetaryItemTypemonetaryAggregate cash, stock, and paid-in-kind dividends declared for all securities (common shares, preferred shares) during the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 14
-Subparagraph l
falsefalse12false0us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2truefalsefalse42050004205falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefal
sefalse00falsefalsefalsetruefalse6truefalsefalse42050004205falsefalsefalsefalsefalseMonetar
yxbrli:monetaryItemTypemonetaryValue of stock issued during the period as a result of any share-based compensation plan other than an employee stock ownership plan (ESOP).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64
falsefalse13false0us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensationus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2truefalsefalse14120001412falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse14120001412falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTax benefit associated with any share-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 62
falsefalse14false0us-gaap_StockIssuedDuringPeriodValueNewIssuesus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse2800028falsefalsefalsetruefalse2truefalsefalse-28000-28falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6falsefalsefalse00 falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryValue of new stock issued during the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
falsefalse15false0us-gaap_TreasuryStockValueAcquiredCostMethodus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1false<
IsRatio>falsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4truefalsefalse-14000-14falsefalsefalsetruefalse5false
falsefalse00falsefalsefalsetruefalse6truefalsefalse-14000-14falsefalsefalsefalsefalseMoneta
ryxbrli:monetaryItemTypemonetaryCost of common and preferred stock that were repurchased during the period. Recorded using the cost method.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7
-Subparagraph b
falsefalse16false0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditinstantNo definition available.falsefalsefalsetruefalsefalsefalsefalsetruefalseperiodendlabelinstant2009-12-31T00:00:000001-01-01T00:00:001truefalsefalse2282700022827falsefalsefalsetruefalse2truefalsefalse80310008031false
IsIndependantCurrency>falsefalsetruefalse3truefalsefalse115187000115187falsefalsefalsetruefalse4truefalsefalse-30167000-30167falsefalsefalsetruefalse5truefalsefalse-20362000-20362falsefalsefalsetruefalse6truefalsefalse9551600095516falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
falsefalse17false0us-gaap_ProfitLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3truefalsefalse2825500028255falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse2825500028255falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A1, A4, A5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 5
-Subparagraph b
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(1)
falsefalse18false0us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecreaseus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3false
falsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5truefalsefalse714000714falsefalsefalsetruefalse6truefalsefalse714000714falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryNet changes to accumulated comprehensive income during the period related to benefit plans, after tax.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph c
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 22, 26
falsefalse19false0us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotall
abel1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse2896900028969falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
truefalse20false0us-gaap_Dividendsus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1falsefalsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3truefalsefalse
DisplayZeroAsNone>-6317000-6317falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefal
se00falsefalsefalsetruefalse6truefalsefalse-6317000-6317falsefalsefalsefalsefalseMonetaryxbrli:m
onetaryItemTypemonetaryAggregate cash, stock, and paid-in-kind dividends declared for all securities (common shares, preferred shares) during the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 14
-Subparagraph l
falsefalse21false0us-gaap_StockIssuedDuringPeriodValueShareBasedCompensationus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2truefalsefalse25890002589falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefal
sefalse00falsefalsefalsetruefalse6truefalsefalse25890002589falsefalsefalsefalsefalseMonetar
yxbrli:monetaryItemTypemonetaryValue of stock issued during the period as a result of any share-based compensation plan other than an employee stock ownership plan (ESOP).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64
falsefalse22false0rgr_AdjustmentsToAdditionalPaidInCapitalStockOptionsExercisedAndVestingOfRsusrgrfalsedebitdurationAdjustments to Additional Paid in Capital, as a result of the exercise of stock options and vesting of RSU's.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2truefalsefalse-1367000-1367falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetru
efalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse-1367000-1367falsefalsefalse
falsefalseMonetaryxbrli:monetaryItemTypemonetaryAdjustments to Additional Paid in Capital, as a result of the exercise of stock options and vesting of RSU's.No authoritative reference available.falsefalse23false0us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensationus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsetruefalse2truefalsefa
lse808000808falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefa
lse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse808000808falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTax benefit associated with any share-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (ex
cess tax benefits).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 62
falsefalse24false0us-gaap_StockIssuedDuringPeriodValueNewIssuesus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse176000176falsefalsefalsetruefalse2truefalsefalse-176000-176falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4falsefalsefalse00falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6falsefalsefalse00 falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryValue of new stock issued during the period.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 29, 30, 31
-Article 5
falsefalse25false0us-gaap_TreasuryStockValueAcquiredCostMethodus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1false<
IsRatio>falsefalse00falsefalsefalsetruefalse2falsefalsefalse00falsefalsefalsetruefalse3falsefalsefalse00falsefalsefalsetruefalse4truefalsefalse-5718000-5718falsefalsefalsetruefalse5falsefalsefalse00falsefalsefalsetruefalse6truefalsefalse-5718000-5718falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCost of common and preferred stock that were repurchased during the period. Recorded using the cost method.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 1
-Section B
-Paragraph 7
-Subparagraph b
falsefalse26false0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditinstantNo definition available.falsefalsefalsetruefalsefalsefalsefalsetruefalseperiodendlabelinstant2010-12-31T00:00:000001-01-01T00:00:001truefalsefalse2300300023003falsetruefalsetruefalse2truefalsefalse98850009885falsetruefalsetruefalse3truefalsefalse137125000137125falsetruefalsetruefalse4truefalsefalse-35885000-35885falsetruefalsetruefalse5truefalsefalse-19648000-19648falsetruefalsetruefalse6truefalsefalse114480000114480<
IsIndependantCurrency>falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
falsefalse626Statements of Stockholders' Equity (USD $)ThousandsUnKnownUnKnownUnKnownfalsetrueXML
32
R23.xml
IDEA: Related Party Transactions
2.2.0.25falsefalse23 - Disclosure - Related Party Transactionstruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_RelatedPartyTransactionsDisclosureAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_RelatedPartyTransactionsDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverbosel
abel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">16.          Related Party Transactions</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In the first quarter of 2008, the Company made lump sum pension benefit payments to William B. Ruger, Jr., the former Chairman and Chief Executive Officer of the Company, and Stephen L. Sanetti, the former President of the Company. These payments totaled $2.1 million, which represented the actuarially determined present value of the accrued benefits payable to these individuals under the Supplementary Executive Retirement Plan as of the date of payment.</font></div>
16.          Related Party Transactions
 
In the first quarter of 2008, the Company made lump sumfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used for the entire related party transactions disclosure as a single block of text. Disclosure may include: the nature of the relationship(s), a description of the transactions, the amount of the transactions, the effects of any change in the method of establishing the terms of the transaction from the previous period, stated interest rate, expiration date, terms and manner of settlement per the agreement with the related party, and amounts due to or from related p
arties. If the entity and one or more other entities are under common ownership or management control and this control affects the operating results or financial position, disclosure includes the nature of the control relationship even if there are no transactions between the entities. Disclosure may also include the aggregate amount of current and deferred tax expense for each statement of earnings presented where the entity is a member of a group that files a consolidated tax return, the amount of any tax related balances due to or from affiliates as of the date of each statement of financial position presented, the principal provisions of the method by which the consolidated amount of current and deferred tax expense is allocated to the members of the group and the nature and effect of any changes in that method. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d)
affiliates.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph b
-Article 3A
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 57
-Paragraph 1-4
falsefalse12Related Party TransactionsUnKnownUnKnownUnKnownUnKnownfalsetrueXML
33
defnref.xml
IDEA: XBRL DOCUMENT
No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.The net change during the reporting period in the value of Line of credit that are held by the reporting entity.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.Carrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters and due after one year (or beyond the operating cycle if longer) .No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.Aggregate revenue during the period from the sale of castings made from steel alloys use in the firearms segment .No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.The net change during the reporting period in the Product liability expense which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.Aggregate revenue during the period from the firearms are available for sold .Such as models based upon caliber, finish, barrel length, and other features.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.The cash inflow associated with the sale or maturity of short-term investments securities.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.The total of the carrying amounts as of the balance sheet date of amounts paid in advance for expenses which will be charged against earnings in periods within one year and the aggregate carrying amount of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.The net amount of other operating income and expense.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.Carrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer).No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.Description of the basis of accounting used to prepare the financial statements (for example, U.S. Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS) and This element may be used to describe all significant accounting policies of the reporting entity.Represents disclosure of any changes in an accounting principle, including a change from one generally accepted accounting principle to another generally accepted accounting principle when there are two or more generally accepted accounting principles that apply or when the accounting principle formerly used is no longer generally accepted. Also disclose any change in the method of applying an accounting principle, or any change in an accounting principle required by a new pronouncement in the unusual instance that a new pronouncement does not include specific transition provisions.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.Adjustments to Additional Paid in Capital, as a result of the exercise of stock options and vesting of RSU's.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.No authoritative reference available.XML
34
R21.xml
IDEA: Operating Segment Information
2.2.0.25falsefalse21 - Disclosure - Operating Segment Informationtruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_SegmentReportingDisclosureAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_SegmentReportingDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">14.          Operating Segment Information</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company has two reportable operating segments: firearms and investment castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a select number of licensed independent wholesale distributors primarily located in the United States. The investment castings segment manufactures and sells steel investment castings.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Corporate segment income relates to interest income on short-term investments, the sale of non-operating assets, and other non-operating activities. Corporate segment assets consist of cash and short-term investments and other non-operating assets.</font></div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; text-indent: 0pt"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company evaluates performance and allocates resources, in part, based on profit and loss before taxes. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies (see Note 1). Intersegment sales are recorded at the Company’s cost plus a fixed profit percentage.</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-style: italic; font-family: times new roman">Year ended December 31,</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="right"><font style="display: inline; font-size: 10pt; font-family: times new roman">2008</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">Net Sales</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">251,680</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">266,566</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">174,416</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Unaffiliated</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">3,526</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,419</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,067</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 18pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Intersegment</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">14,677</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,159</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">10,135</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,203</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">20,578</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">17,202</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Eliminations</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(14,677 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(16,159 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(10,135 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">255,206</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">270,985</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">181,483</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Income (Loss) Before Income Taxes</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">48,160</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">46,339</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,614</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,637 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(443 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,836 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Corporate</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(2,374 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,536 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">(1,800 </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">)</font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">44,149</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">44,360</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,978</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Identifiable Assets</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">82,179</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">66,011</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">63,042</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,683</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,643</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,842</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Corporate</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">70,899</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">71,025</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">44,876</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">157,761</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">141,679</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">112,760</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Depreciation</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,502</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,561</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">4,515</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">705</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">739</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">850</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,207</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">7,300</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,365</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Capital Expenditures</font></div>
</td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Firearms</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">18,904</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,045</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">8,972</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="55%" style="border-right: black 1px solid; padding-left: 0pt; margin-left: 9pt; border-bottom: black 1px solid">
<div style="display: block; margin-left: 9pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> Castings</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">505</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">774</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">516</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td valign="bottom" width="55%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">19,409</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">13,819</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,488</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2010, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-12%; Lipsey’s-11% and Sports South-11%.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2009, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-16%; Davidson’s-11%; Lipsey’s-11%; Sports South-11% and Big Rock-10%.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In 2008, the Company’s largest customers and the percent of total sales they represented were as follows: Jerry’s/Ellett Brothers-17%; Lipsey’s-12%; Sports South-11% and Davidson’s-10%.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company’s assets are located entirely in the United States and domestic sales represent greater than 94% of total sales in 2010, 2009, and 2008.</font></div>
14.          Operating Segment Information
 
The Company has two reportable operating segments: firearmsfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used to capture the complete disclosure of reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10% or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absol
ute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
falsefalse12Operating Segment InformationUnKnownUnKnownUnKnownUnKnownfalsetrueXML
35
R13.xml
IDEA: Trade Accounts Payable And Accrued Expenses
2.2.0.25falsefalse13 - Disclosure - Trade Accounts Payable And Accrued Expensestruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_AccountsPayableAndAccruedLiabilitiesDisclosureAbstractrgrfalsenadurationNo definition available.falsefalse
IsSegmentTitle>falsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">6.          Trade Accounts Payable and Accrued Expenses</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade accounts payable and accrued expenses consist of the following:</font></div>
<div style="display: block; text-indent: 0pt"><br/>
</div>
<div>
<div align="left">
<table cellpadding="0" cellspacing="0" width="100%" style="font-size: 10pt; font-family: times new roman; font-size: 10pt; font-family: times new roman">
<tr>
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-weight: normal; font-size: 10pt; font-style: italic; font-family: times new roman">December 31,</font></div>
</td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">2010</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%" style="border-top: black 1px solid; border-bottom: black 1px solid; text-align: right">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt; text-align: right"><font style="display: inline; font-weight: normal; font-size: 10pt; font-family: times new roman">2009</font></div>
</td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-top: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr>
<td valign="bottom" width="70%" style="border-right: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td colspan="2" valign="bottom" width="11%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Trade accounts payable</font></div>
</td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,597</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">6,812</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="white">
<td align="left" valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 1px solid">
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="left"><font style="display: inline; font-size: 10pt; font-family: times new roman">Accrued expenses</font></div>
</td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">9,895</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 1px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="10%" style="border-bottom: black 1px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">5,199</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 1px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr><tr bgcolor="#eaf9e8">
<td valign="bottom" width="70%" style="border-right: black 1px solid; border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman">  </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">16,492</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td align="right" valign="bottom" width="3%" style="border-bottom: black 2px solid"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
<td valign="bottom" width="1%" style="border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman">$</font></td>
<td valign="bottom" width="10%" style="border-bottom: black 2px solid; text-align: right"><font style="display: inline; font-size: 10pt; font-family: times new roman">12,011</font></td>
<td valign="bottom" width="1%" style="border-right: black 1px solid; border-bottom: black 2px solid; text-align: left"><font style="display: inline; font-size: 10pt; font-family: times new roman"> </font></td>
</tr></table>
</div>
</div>
6.          Trade Accounts Payable and Accrued Expenses
 
Trade accounts payable and accrued expensesfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDescription and amounts of accounts payable and accrued disclosure at the end of the reporting period. This element may be used for the entire disclosure as a single block of text.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19
-Subparagraph a
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20, 24
-Article 5
falsefalse12Trade Accounts Payable And Accrued ExpensesUnKnownUnKnownUnKnownUnKnownfalsetrueXML
36
R26.xml
IDEA: Subsequent Events
2.2.0.25falsefalse26 - Disclosure - Subsequent Eventstruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0rgr_SubsequentEventsDisclosureAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_ScheduleOfSubsequentEventsTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-weight: bold; font-size: 10pt; font-family: times new roman">19.           Subsequent Events</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">In January, 2011 the Company repurchased 133,400 shares of its common stock, representing 0.7% of the then outstanding shares, in the open market at an average price of $14.98 per share. These purchases were made with cash held by the Company and no debt was incurred.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">On February 15, 2011, the Company declared a dividend of 5.0¢ per share to shareholders of record on March 11, 2011.</font></div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"> </div>
<div style="display: block; margin-left: 0pt; text-indent: 0pt; margin-right: 0pt" align="justify"><font style="display: inline; font-size: 10pt; font-family: times new roman">The Company’s management has evaluated transactions occurring subsequent to December 31, 2010 and determined that there were no events or transactions during that period that would have a material impact on the Company’s results of operations or financial position.</font></div>
19.           Subsequent Events
 
In January, 2011 the Company repurchased 133,400 shares of itsfalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringDescribes disclosed significant events or transactions that occurred after the balance sheet date, but before the issuance of the financial statements. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, losses resulting from fire or flood, losses on receivables, significant realized and unrealized gains and losses that result from changes in quoted market prices of securities, declines in market prices of inventory, changes in a
uthorized or issued debt (SEC), significant foreign exchange rate changes, substantial loans to insiders or affiliates, significant long-term investments, and substantial dividends not in the ordinary course of business.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 11
falsefalse12Subsequent EventsUnKnownUnKnownUnKnownUnKnownfalsetrueXML
37
R1.xml
IDEA: Document and Entity Information
2.2.0.25falsefalse01 - Document - Document and Entity Informationtruefalsefalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2falsefalsefalsefalse2/18/2011
Context_As_Of_18-Feb-2011http://www.sec.gov/CIK0000095029instant2011-02-18T00:00:000001-01-01T00:00:00SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli03falsefalseUSDfalsefalse6/30/2010
USD ($)
$Context_As_Of_30-Jun-2010http://www.sec.gov/CIK0000095029instant2010-06-30T00:00:000001-01-01T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$2true0rgr_DocumentAndEntityInformationAbstractrgrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0dei_EntityRegistrantNamedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00STURM RUGER & CO INCSTURM RUGER & CO INCfalsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:normalizedStringItemTypenormalizedstringThe exact n
ame of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1
falsefalse4false0dei_EntityCentralIndexKeydeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse0000000950290000095029falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:centralIndexKeyItemTypenaA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation 12B
-Number 240
-Section 12b
-Subsection 1
falsefalse5false0dei_EntityCurrentReportingStatusdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00YesYesfalsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:yesNoItemTypenaIndicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most
recent filing containing the related disclosure.No authoritative reference available.falsefalse6false0dei_EntityVoluntaryFilersdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00NoNofalsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalse
false3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:yesNoItemTypenaIndicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.No authoritative reference available.falsefalse7false0dei_CurrentFiscalYearEndDatedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00--12-31--12-31falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:gMonthDayItemTypemonthdayEnd date of current fiscal year in the format --MM-DD.No authoritative reference available.falsefalse8false0dei_EntityFilerCategorydeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Accelerated FilerAccelerated Filerfalsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:filerCategoryItemTypenaIndicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.No authoritative reference available.falsefalse9false0dei_EntityWellKnownSeasonedIssuerdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00NoNofalsefalse
ShowCurrencySymbol>falsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:yesNoItemTypenaIndicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.No authoritative reference available.falsefalse10false0dei_EntityCommonStockSharesOutstandingdeifalsenainstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalse<
Cell>2truefalsefalse1870390018703900falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesIndicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, InstrumentNo authoritative reference available.falsefalse11false0dei_EntityPublicFloatdeifalsecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3truefalsefalse270565000270565000falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryState aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K.No authoritative reference available.falsefalse12false0dei_DocumentTypedeifalsenadurationNo definition avail
able.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse0010-K10-Kfalsefalsefalsefalsefalse
2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:SECReportItemTypenaThe type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type should be limited to the same value as the supporting SEC submission type. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, NCSR, N-Q, and Other.No authoritative reference available.falsefalse13false0dei_DocumentPeriodEndDatedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002010-12-312010-12-31falsefalsetruefalsefalse2falsefalsefalse00falsefalsetruefalsefalse3falsefalsefalse00falsefalsetruefalsefalseOtherxbrli:dateItemTypedateThe end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements this will be the filing date. The format of the date is CCYY-MM-DD.No authoritative reference available.falsefalse14false0dei_DocumentFiscalYearFocusdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse0020102010falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:gYearItemTypepositiveintege
rThis is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.No authoritative reference available.falsefalse15false0dei_DocumentFiscalPeriodFocusdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00FYFYfalsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherus-types:fiscalPeriodItemTypenaThis is focus fiscal period of the document report. For a first quart
er 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.No authoritative reference available.falsefalse16false0dei_AmendmentFlagdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalsefalsefalse2falsefalsefalse00<
IsIndependantCurrency>falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:booleanItemTypenaIf the value is true, then the document as an amendment to previously-filed/accepted document.No authoritative reference available.falsefalse315Document and Entity Information (USD $)NoRoundingNoRoundingUnKnownUnKnownfalsetrueXML
38
R2.xml
IDEA: Balance Sheets
2.2.0.25truefalse02 - Statement - Balance SheetstruefalseIn Thousandsfalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2010http://www.sec.gov/CIK0000095029duration2010-01-01T00:00:002010-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2falsefalseUSDfalsefalse1/1/2009 - 12/31/2009
USD ($)
USD ($) / shares
$Context_FYE_31-Dec-2009http://www.sec.gov/CIK0000095029duration2009-01-01T00:00:002009-12-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_AssetsCurrentAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0us-gaap_CashAndCashEquivalentsAtCarryingValueus-gaaptruedebitinstantNo
definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse51320005132falsetruefalsefalsefalse2truefalsefalse50080005008falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryIncludes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any
time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowi
ng arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7, 26
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 8, 9
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 7
-Footnote 1
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 1
-Article 5
falsefalse4false0us-gaap_HeldToMaturitySecuritiesCurrentus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse5249300052493falsefalsefalsefalsefalse2truefalsefalse5074100050741falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThis item represents investments in debt securities which are categorized as held-to-maturity and that have scheduled maturities within one year of the balance sheet date or the normal operating cycle, whichever is longer; such investments are measured at amortized cost (carrying value). The held-to-maturity category is for those securities that the Entity has the positive intent and ability to hold until maturity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 4, 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 17
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 7, 8, 9, 10, 11
falsefalse5false0us-gaap_AccountsReceivableNetCurrentus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse3156500031565falsefalsefalsefalsefalse2truefalsefalse2504900025049falsefalsefalsefalsefalseMonet
aryxbrli:monetaryItemTypemonetaryAmount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3
-Subparagraph a(1)
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 4
-Article 5
falsefalse6false0us-gaap_InventoryGrossus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse4882000048820falsefalsefalsefalsefalse2truefalsefalse5104800051048falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCarrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.No authoritative reference available.falsefalse7false0us-gaap_InventoryLIFOReserveus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefal
sefalsefalsefalsetruenegated1truefalsefalse-37448000-37448falsefalsefalsefalsefalse2truefalsefalse-38663000-38663falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryReflects the difference between (a) inventory at the lower of LIFO cost or market and (b) inventory at replacement cost or at the lower of some acceptable inventory accounting method (such as FIFO or average cost), or market. If material, reflects an excess of replacement or current cost over stated LIFO value parenthetically on the balance sheet or in a note to the financial statements.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph c
-Article 5
falsefalse8false0us-gaap_InventoryValuationReservesus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1truefalsefalse-1545000-1545falsefalsefalsefalsefalse2truefalsefalse-2727000-2727falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 4
-Paragraph 8, 9, 14
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 09
-Article 12
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 6
-Subparagraph a
-Article 5
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 3
-Section A
-Paragraph 9
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Chapter 4
-Paragraph 14
falsefalse9false0us-gaap_InventoryNetus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse98270009827falsefalsefalsefalsefalse2truefalsefalse96580009658falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCarrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer).No authoritative reference available.truefalse10false0us-gaap_DeferredTaxAssetsLiabilitiesNetCurrentus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse47800004780falsefalsefalsefalsefalse2truefalsefalse589300
05893falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryFor entities that net deferred tax assets and tax liabilities, represents the net amount of deferred tax assets (after reduction for valuation allowance) and liabilities as of the balance sheet date, which result from applying the applicable enacted tax rate to net temporary differences and carryforwards pertaining to assets or liabilities that are classified as current in the financial statements, or that are expected to reverse in the next twelve months
(or normal operating cycle, if longer). A temporary difference is a difference between the tax basis of an asset or liability and its carrying amount in the financial statements prepared in accordance with generally accepted accounting principles that will reverse in ensuing periods. In a classified statement of financial position, an enterprise shall separate deferred tax liabilities and assets into a current amount and a noncurrent amount. Deferred tax liabilities and assets shall be classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, shall be classified according to the expected reversal date of the temporary difference.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 41, 42, 43
falsefalse11false0rgr_PrepaidExpenseAndOtherAssetsCurrentrgrfalsedebitinstantThe total of the carrying amounts as of the balance sheet date of amounts paid in advance for expenses which will be charged...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse14270001427falsefalsefalsefalsefalse2truefalsefalse20620002062falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe total of the carrying amounts as of the balance sheet date of amounts paid in advance for expenses which will be charged against earnings in periods within one year and the aggregate carrying amount of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year.No authoritative reference available.falsefalse12false0us-gaap_AssetsCurrentus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse105224000105224falsefalsefalsefalsefalse2truefalsefalse9841100098411falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetarySum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or co
ntrolled by an entity as a result of past transactions or events.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 9
-Article 5
truefalse13false0us-gaap_PropertyPlantAndEquipmentGrossus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse150379000150379falsefalsefalsefalsefalse2truefalsefalse134057000134057falsefalsefalsefalsefalseM
onetaryxbrli:monetaryItemTypemonetaryCarrying amount at the balance sheet date for long-lived physical assets used in the normal conduct of business and not intended for resale. This can include land, physical structures, machinery, vehicles, furniture, computer equipment, construction in progress, and similar items. Amount does not include depreciation.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
falsefalse14false0us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1truefalsefalse-107458000-107458falsefalsefalsefalsefalse2truefalsefalse-101324000-101324falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
-Subparagraph c
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 14
-Article 5
falsefalse15false0us-gaap_PropertyPlantAndEquipmentNetus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalse<
/IsRatio>false4292100042921falsefalsefalsefalsefalse2truefalsefalse3273300032733falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, and production equipment.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 13
-Subparagraph a
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 12
-Paragraph 5
-Subparagraph b, c
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 8
-Article 7
truefalse16false0us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrentus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse54430005443falsefalsefalsefalsefalse2truefalsefalse61900006190falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryFor entities that net deferred tax assets and tax liabilities, represents the net amount of deferred tax assets (after reduction for valuation allowance) and liabilities as of the balance sheet date, which result from applying the applicable enacted tax rate to net temporary differences and carryforwards pertaining to assets or liabilities that are classified as noncurrent in the financial statements, or that are expected to reverse after the next twelve months (or beyond the normal operating cycle, if longer). A temporary difference is a difference between the tax basis of an asset or liability and its carrying amount in the financial statements prepared in accordance with generally accepted accounting principles that will reverse in ensuing periods. In a classified statement of financial position, an enterprise shall separate deferred tax liabilities and assets
into a current amount and a noncurrent amount. Deferred tax liabilities and assets shall be classified as current or noncurrent based on the classification of the related asset or liability for financial reporting. A deferred tax liability or asset that is not related to an asset or liability for financial reporting, including deferred tax assets related to carryforwards, shall be classified according to the expected reversal date of the temporary difference.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 41, 42, 43
falsefalse17false0us-gaap_OtherAssetsNoncurrentus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse41730004173falsefalsefalsefalsefalse2truefalsefalse43450004345falsefalsefalsefalsefalseMonetary<
ElementDataType>xbrli:monetaryItemTypemonetaryAggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet due to materiality considerations. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 17
-Article 5
falsefalse18false0us-gaap_Assetsus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse157761000157761falsefalsefalsefalsefalse2truefalsefalse141679000141679falsefalsefalsefalsefalseMonetaryxb
rli:monetaryItemTypemonetarySum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Concepts (CON)
-Number 6
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 18
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 12
-Article 7
truefalse19true0us-gaap_LiabilitiesCurrentAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:strin
gItemTypestringNo definition available.falsefalse20false0us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsever
boselabel1truefalsefalse1649200016492falsefalsefalsefalsefalse2truefalsefalse1201100012011falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAccounts Payable and Accrued Liabilities, CurrentReference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 19, 20
-Article 5
falsefalse21false0rgr_ProductLiabilityCurrentrgrfalsecreditinstantCarrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse449000449falsefalsefalsefalsefalse2truefalsefalse11470001147falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCarrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer).No authoritative reference available.falsefalse22false0us-gaap_EmployeeRelatedLiabilitiesCurrentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse1092300010923falsefalsefalsefalsefalse2truefalsefalse1289000012890falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonu
ses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5
falsefalse23false0us-gaap_WorkersCompensationLiabilityCurrentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse48930004893falsefalsefalsefalsefalse2truefalsefalse54430005443falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCarrying value as of the balance sheet date of obligations and payables pertaining to claims incurred of a workers compensation nature. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5
falsefalse24false0us-gaap_AccruedIncomeTaxesCurrentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse582000582falsefalsefalsefalsefalse2truefalsefalse15430001543falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCarrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 15
-Subparagraph b(1)
-Article 7
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 15
-Article 9
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 48
-Paragraph 15, 21
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Section Appendix E
-Paragraph 289
falsefalse25false0us-gaap_LiabilitiesCurrentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse3333900033339falsefalsefalsefalsefalse2truefalsefalse3303400033034falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 21
-Article 5
truefalse26false0us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrentus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse93690009369falsefalsefalsefalsefalse2truefalsefalse1219400012194falsefalsefalsefalsefalse<
OriginalInstanceReportColumns />Monetaryxbrli:monetaryItemTypemonetaryThis represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph c
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 6
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 3
falsefalse27false0rgr_ProductLiabilityNoncurrentrgrfalsecreditinstantCarrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse573000573falsefalsefalsefalsefalse2truefalsefalse935000935falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCarrying value as of the balance sheet date of obligations incurred through that date which includes the cost of outside legal fees, insurance, and other expenses incurred in the management and defense of product liability matters and due after one year (or beyond the operating cycle if longer) .No authoritative reference available.falsefalse28false0us-gaap_CommitmentsAndContingencies2009us-gaaptruenadurationNo definition available.
falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00 falsefalsefalsefalsefalse2falsefalsefalse00 falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRepresents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, a
rising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. This caption alerts the reader that one or more notes to the financial statements disclose pertinent information about the entity's commitments and contingencies.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 7
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 8, 9
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 25
-Article 5
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 17
-Article 9
falsefalse29true0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse30false0us-gaap_AdditionalPaidInCapitalus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse98850009885falsefalsefalsefalsefalse2truefalsefalse80310008031falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryExcess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of APIC associated with common AND preferred stock. For APIC associated with only common stock, use the element Additional Paid In Capital, Common Stock. For APIC associated with only preferred stock, use the element Additional Paid In Capital, Preferred Stock.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5
falsefalse31false0us-gaap_RetainedEarningsAccumulatedDeficitus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefal
sefalse137125000137125falsefalsefalsefalsefalse2truefalsefalse115187000115187falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe cumulative amount of the reporting entity's undistributed earnings or deficit.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
falsefalse32false0us-gaap_TreasuryStockValueus-gaaptruedebitinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse-35885000-35885falsefalsefalsefalsefalse2truefalsefalse-30167000-30167falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryValue of common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Treasury stock is issued but is not outstanding. This stock has no voting rights and receives no dividends. Note that treasury stock may be recorded at its total cost or separately as par (or stated) value and additional paid in capital. Note: number of treasury shares concept is in another section within stockholders' equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Technical Bulletin (FTB)
-Number 85-6
-Paragraph 3
falsefalse33false0us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse-19648000-19648falsefalsefalsefalsefalse2truefalsefalse-20362000-20362falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAccumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at fiscal year-end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, and unrealized gains and losses on certain investments in debt and equity securities as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 26
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5
falsefalse34false0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1
truefalsefalse114480000114480falsefalsefalsefalsefalse2truefalsefalse9551600095516falsefalsefalsefalsefalse<
/Cell>Monetaryxbrli:monetaryItemTypemonetaryTotal of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 25
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 26
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A3
-Appendix A
truefalse35false0us-gaap_LiabilitiesAndStockholdersEquityus-gaaptruecreditinstantNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse157761000157761falsefalsefalsefalsefalse2truefalsefalse141679000141679falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal of all Liabilities and Stockholders' Equity items.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 32
-Article 5
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 25
-Article 7
truefalse36false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://www.ruger.com/role/statementoffinancialpositionclassified1falsefals
efalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse5falsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Nonvoting Common Stock
12/31/2010
USD ($) / shares
USD ($)
$Context_As_Of_31-Dec-2010_NonvotingCommonStockMemberhttp://www.sec.gov/CIK0000095029instant2010-12-31T00:00:000001-01-01T00:00:00falsefalseus-gaap_NonvotingCommonStockMemberus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_NonvotingCommonStockMemberus-gaap_StatementClassOfStockAxisexplicitMemberSharesStandardhttp://www.xbr
l.org/2003/instancesharesxbrli0USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$6falsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Nonvoting Common Stock
12/31/2009
USD ($)
USD ($) / shares
$Context_As_Of_31-Dec-2009_NonvotingCommonStockMemberhttp://www.sec.gov/CIK0000095029instant2009-12-31T00:00:000001-01-01T00:00:00falsefalseus-gaap_NonvotingCommonStockMemberus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_NonvotingCommonStockMemberus-gaap_StatementClassOfStockAxisexplicitMemberUSDStandardhttp://www.xbrl.o
rg/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$OthernaNo definition available.No authoritative reference available.falsefalse39true0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse40false0us-gaap_CommonStockValueus-gaaptruecreditinstantNo definition available.falsefalsefalse<
IsCalendarTitle>falsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00 falsefalsefalsefalsefalse2falsefalsefalse00 falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryDollar value of issued common stock whether issued at par value, no par or stated value. This item includes treasury stock repurchased by the entity. Note: elements for number of common shares, par value and other disclosure concepts are in another section within stockholders' equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse41false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://www.ruger.com/role/statementoffinancialpositionclassified1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse7fals
efalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Common Class A
12/31/2010
USD ($)
USD ($) / shares
$Context_As_Of_31-Dec-2010_CommonClassAMemberhttp://www.sec.gov/CIK0000095029instant2010-12-31T00:00:000001-01-01T00:00:00falsefalseus-gaap_CommonClassAMemberus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_CommonClassAMemberus-gaap_StatementClassOfStockAxisexplicitMemberSharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0USDUSD$8falsefalseUSDtruefalse{us-gaap_StatementClassOfStockAxis} : Common Class A
12/31/2009
USD ($) / shares
USD ($)
$Context_As_Of_31-Dec-2009_CommonClassAMemberhttp://www.sec.gov/CIK0000095029instant2009-12-31T00:00:000001-01-01T00:00:00falsefalseus-gaap_CommonClassAMemberus-gaap_StatementClassOfStockAxisxbrldihttp://xbrl.org/2006/xbrldius-gaap_CommonClassAMemberus-gaap_StatementClassOfStockAxisexplicitMemberUSDEPSDivide
StandardMeasure>http://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDUSD$OthernaNo definition available.No authoritative reference available.falsefalse44true0us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse45false0us-gaap_CommonStockValueus-gaaptruecreditinstantNo definition available.falsefalsefalsefalse<
IsTuple>falsefalsefalsefalsefalsefalseverboselabel1truefalsefalse2300300023003falsetruefalsefalsefalse2truefalsefalse2282700022827falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryDollar value of issued common stock whether issued at par value, no par or stated value. This item includes treasury stock repurchased by the entity. Note: elements for number of common shares, par value and other disclosure concepts are in another section within stockholders' equity.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5
falsefalse240Balance Sheets (USD $)ThousandsUnKnownUnKnownUnKnownfalsetrueXML
39
FilingSummary.xml
IDEA: XBRL DOCUMENT
2.2.0.25trueSheet01 - Document - Document and Entity InformationDocument and Entity Informationhttp://www.ruger.com/role/DocumentAndEntityInformationfalseR1.xmlfalseSheet02 - Statement - Balance SheetsBalance Sheetshttp://www.ruger.com/role/StatementOfFinancialPositionClassifiedfalseR2.xmlfalseSheet03 - Statement - Balance Sheets (Parentheticals)Balance Sheets (Parentheticals)http://www.ruger.com/role/ConsolidatedBalanceSheetsParentheticalfalseR3.xmlfalseSheet04 - Statement - Statements of IncomeStatements of Incomehttp://www.ruger.com/role/StatementOfIncomefalseR4.xmlfalseSheet05 - Statement - Statements of Stockholders' EquityStatements of Stockholders' Equityhttp://www.ruger.com/role/StatementOfShareholdersEquityAndOtherComprehensiveIncomefalseR5.xmlfalseSheet06 - Statement - Statements of Stockholders' Equity (Parentheticals)Statements of Stockholders' Equity (Parentheticals)http://www.ruger.com/role/StatementsOfStockholdersEquityParentheticalsfalseR6.xmlfalseSheet07 - Statement - Statements of Cash FlowsStatements of Cash Flowshttp://www.ruger.com/role/StatementOfCashFlowsIndirectfalseR7.xmlfalseSheet08 - Disclosure - Summary Of Significant Accounting PoliciesSummary Of Significant Accounting Policieshttp://www.ruger.com/role/SummaryOfSignificantAccountingPoliciesfalseR8.xmlfalseSheet09 - Disclosure - Trade Receivables, NetTrade Receivables, Nethttp://www.ruger.com/role/TradeReceivablesNetfalseR9.xmlfalseSheet10 - Disclosure - InventoriesInventorieshttp://www.ruger.com/role/InventoriesfalseR10.xmlfalseSheet11 - Disclosure - Property, Plant And EquipmentProperty, Plant And Equipmenthttp://www.ruger.com/role/PropertyPlantAndEquipmentfalseR11.xmlfalseSheet12 - Disclosure - Other AssetsOther Assetshttp://www.ruger.com/role/OtherAssetsfalseR12.xmlfalseSheet13 - Disclosure - Trade Accounts Payable And Accrued ExpensesTrade Accounts Payable And Accrued Expenseshttp://www.ruger.com/role/TradeAccountsPayableAndAccruedExpensesfalseR13.xmlfalseSheet14 - Disclosure - Line Of CreditLine Of Credithttp://www.ruger.com/role/LineOfCreditfalseR14.xmlfalseSheet15 - Disclosure - Employee Benefit PlansEmployee Benefit Planshttp://www.ruger.com/role/EmployeeBenefitPlansfalseR15.xmlfalseSheet16 - Disclosure - Other Operating Expenses (Income), NetOther Operating Expenses (Income), Nethttp://www.ruger.com/role/OtherOperatingExpensesIncomeNetfalseR16.xmlfalseSheet17 - Disclosure - Income TaxesIncome Taxeshttp://www.ruger.com/role/IncomeTaxesfalseR17.xmlfalseSheet18 - Disclosure - Earnings Per ShareEarnings Per Sharehttp://www.ruger.com/role/EarningsPerSharefalseR18.xmlfalseSheet19 - Disclosure - Stock RepurchasesStock Repurchaseshttp://www.ruger.com/role/StockRepurchasesfalseR19.xmlfalseSheet20 - Disclosure - Compensation PlansCompensation Planshttp://www.ruger.com/role/CompensationPlansfalseR20.xmlfalseSheet21 - Disclosure - Operating Segment InformationOperating Segment Informationhttp://www.ruger.com/role/OperatingSegmentInformationfalseR21.xmlfalseSheet22 - Disclosure - Quarterly Results Of Operations (Unaudited)Quarterly Results Of Operations (Unaudited)http://www.ruger.com/role/QuarterlyResultsOfOperationsUnauditedfalseR22.xmlfalseSheet23 - Disclosure - Related Party TransactionsRelated Party Transactionshttp://www.ruger.com/role/RelatedPartyTransactionsfalseR23.xmlfalseSheet24 - Disclosure - Contingent LiabilitiesContingent Liabilitieshttp://www.ruger.com/role/ContingentLiabilitiesfalseR24.xmlfalseSheet25 - Disclosure - Financial InstrumentsFinancial Instrumentshttp://www.ruger.com/role/FinancialInstrumentsfalseR25.xmlfalseSheet26 - Disclosure - Subsequent EventsSubsequent Eventshttp://www.ruger.com/role/SubsequentEventsfalseR26.xmlfalseSheet27 - Schedule - Schedule Valuation and Qualifying AccountsSchedule Valuation and Qualifying Accountshttp://www.ruger.com/role/ScheduleValuationAndQualifyingAccountsfalseR27.xmlfalseBookAll ReportsAll Reportsfalse148703126falsefalseContext_FYE_31-Dec-2010_CommonStockMember1Context_As_Of_31-Dec-2007_CommonStockMember1Context_FYE_31-Dec-2009_RetainedEarningsMember2Context_FYE_31-Dec-2008_AccumulatedOtherComprehensiveIncomeMember1Context_FYE_31-Dec-200955Context_As_Of_31-Dec-2010_AccumulatedOtherComprehensiveIncomeMember1Context_As_Of_31-Dec-20072Context_As_Of_31-Dec-2010_AdditionalPaidInCapitalMember1Context_As_Of_31-Dec-2009_NonvotingCommonStockMember4Context_As_Of_31-Dec-2008_RetainedEarningsMember1Context_FYE_31-Dec-2008_CommonStockMember1Context_As_Of_31-Dec-2009_TreasuryStockMember1Context_As_Of_31-Dec-2007_TreasuryStockMember1Context_As_Of_31-Dec-200931Context_FYE_31-Dec-2008_RetainedEarningsMember1Context_As_Of_31-Dec-2009_AccumulatedOtherComprehensiveIncomeMember1Context_FYE_31-Dec-2010_AccumulatedOtherComprehensiveIncomeMember1Context_FYE_31-Dec-2009_CommonStockMember1Context_As_Of_31-Dec-2009_AdditionalPaidInCapitalMember1Context_As_Of_31-Dec-2009_RetainedEarningsMember1Context_As_Of_31-Dec-2008_AdditionalPaidInCapitalMember1Context_As_Of_31-Dec-2008_CommonStockMember1Context_FYE_31-Dec-2010_RetainedEarningsMember2Context_As_Of_31-Dec-2009_CommonClassAMember5Context_FYE_31-Dec-2009_AccumulatedOtherComprehensiveIncomeMember1Context_As_Of_31-Dec-2007_RetainedEarningsMember1Context_FYE_31-Dec-2008_TreasuryStockMember1Context_As_Of_31-Dec-201031Context_As_Of_31-Dec-2010_NonvotingCommonStockMember4Context_FYE_31-Dec-2010_TreasuryStockMember1Context_FYE_31-Dec-2009_AdditionalPaidInCapitalMember3Context_As_Of_31-Dec-2007_AdditionalPaidInCapitalMember1Context_As_Of_31-Dec-2007_AccumulatedOtherComprehensiveIncomeMember1Context_As_Of_31-Dec-2008_TreasuryStockMember1Context_As_Of_31-Dec-2009_CommonStockMember1Context_As_Of_18-Feb-20111Context_As_Of_31-Dec-20082Context_FYE_31-Dec-200848Context_FYE_31-Dec-201087Context_As_Of_31-Dec-2010_RetainedEarningsMember1Context_As_Of_30-Jun-20101Context_As_Of_31-Dec-2010_TreasuryStockMember1Context_FYE_31-Dec-2010_AdditionalPaidInCapitalMember4Context_As_Of_31-Dec-2010_CommonStockMember1Context_FYE_31-Dec-2008_AdditionalPaidInCapitalMember1Context_FYE_31-Dec-2009_TreasuryStockMember1Context_As_Of_31-Dec-2008_AccumulatedOtherComprehensiveIncomeMember1Context_As_Of_31-Dec-2010_CommonClassAMember5truetrueEXCEL
40
Financial_Report.xls
IDEA: XBRL DOCUMENT
begin 644 Financial_Report.xls
M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O
M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y
M/2(M+2TM/5].97AT4&%R=%\V-#4X-F9E-U\V-#(Q7S1B8F-?8C%C.5]A9&$S
M.6,S-F9C8V4B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7
M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX
M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O
M#I%>&-E;%=O#I.86UE/E-T871E;65N='-?;V9?26YC;VUE/"]X.DYA
M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E!R;W!E#I7;W)K#I7;W)K#I7;W)K#I.86UE/@T*("`@(#QX
M.E=O#I%>&-E;%=O
M#I.86UE/D5M<&QO>65E7T)E;F5F:71?4&QA;G,\
M+W@Z3F%M93X-"B`@("`\>#I7;W)K#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DEN8V]M95]487AE#I.86UE/@T*("`@(#QX
M.E=O#I%>&-E;%=O
M#I.86UE/D5A#I.
M86UE/@T*("`@(#QX.E=O#I%>&-E;%=O
M#I%>&-E;%=O#I7;W)K#I7;W)K#I.
M86UE/@T*("`@(#QX.E=O#I7
M;W)K#I.86UE
M/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E-C:&5D=6QE7U9A;'5A
M=&EO;E]A;F1?475A;&EF>3PO>#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O6QE#I!8W1I=F53:&5E=#X-"B`@/'@Z
M4')O=&5C=%-T#I0#I0#I0&UL/CPA6V5N9&EF72TM/@T*/"]H
M96%D/@T*("`\8F]D>3X-"B`@(#QP/E1H:7,@<&%G92!S:&]U;&0@8F4@;W!E
M;F5D('=I=&@@36EC'1087)T7S8T-3@V9F4W
M7S8T,C%?-&)B8U]B,6,Y7V%D83,Y8S,V9F-C90T*0V]N=&5N="U,;V-A=&EO
M;CH@9FEL93HO+R]#.B\V-#4X-F9E-U\V-#(Q7S1B8F-?8C%C.5]A9&$S.6,S
M-F9C8V4O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@
M(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\
M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!6;VQU;G1A'0^+2TQ,BTS,3QS
M<&%N/CPO'0^/'-P
M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S
M/3-$7!E/"]T9#X-
M"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#XQ,"U+/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@
M/'1R(&-L87-S/3-$'0^9F%L'1087)T7S8T-3@V9F4W7S8T,C%?-&)B8U]B,6,Y7V%D83,Y8S,V9F-C
M90T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO+R]#.B\V-#4X-F9E-U\V-#(Q
M7S1B8F-?8C%C.5]A9&$S.6,S-F9C8V4O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6%B;&4@86YD(&%C8W)U960@97AP96YS97,\+W1D/@T*
M("`@("`@("`\=&0@8VQA&5S('!A>6%B;&4\+W1D/@T*
M("`@("`@("`\=&0@8VQA3PO'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!S=&]C:R`M
M(&%T(&-O'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R
M(&-L87-S/3-$3PO'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3X-"CPO:'1M;#X-
M"@T*+2TM+2TM/5].97AT4&%R=%\V-#4X-F9E-U\V-#(Q7S1B8F-?8C%C.5]A
M9&$S.6,S-F9C8V4-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C0U
M.#9F93=?-C0R,5\T8F)C7V(Q8SE?861A,SEC,S9F8V-E+U=O'0O:'1M;#L@8VAAF5D/"]T9#X-"B`@("`@("`@/'1D
M(&-L87-S/3-$;G5M<#XT,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*
M+2TM+2TM/5].97AT4&%R=%\V-#4X-F9E-U\V-#(Q7S1B8F-?8C%C.5]A9&$S
M.6,S-F9C8V4-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C0U.#9F
M93=?-C0R,5\T8F)C7V(Q8SE?861A,SEC,S9F8V-E+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C
M:&%R'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'!E
M;G-E6%L='D@:6YC;VUE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$
M;G5M<#XT,CD\&5S
M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-2PX.30\2!$:6QU=&5D($5A
M'1087)T7S8T-3@V9F4W7S8T,C%?-&)B
M8U]B,6,Y7V%D83,Y8S,V9F-C90T*0V]N=&5N="U,;V-A=&EO;CH@9FEL93HO
M+R]#.B\V-#4X-F9E-U\V-#(Q7S1B8F-?8C%C.5]A9&$S.6,S-F9C8V4O5V]R
M:W-H965T'0O
M:F%V87-C3X-"B`@("`\
M=&%B;&4@8VQA2P@;F5T(&]F(&1E9F5R&5S
M(&]F(#(P,#@@+2`F;F)S<#LD-2PX.#(L(#(P,#D@+2`F;F)S<#LD,2PV,#@@
M86YD(#(P,3`@+2`F;F)S<#LD-#`V/"]T9#X-"B`@("`@("`@/'1D(&-L87-S
M/3-$=&5X=#X\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@
M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO
M=&0^#0H@("`@("`@(#QT9"!C;&%S2P@;F5T(&]F(&1E9F5R&5S(&]F(#(P,#@@+2`F
M;F)S<#LD-2PX.#(L(#(P,#D@+2`F;F)S<#LD,2PV,#@@86YD(#(P,3`@+2`F
M;F)S<#LD-#`V/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C
M;&%S&5R8VES92!O9B!S=&]C:R!O<'1I;VYS(&%N9"!V97-T:6YG(&]F
M(%)352=S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^
M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N
M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-
M"@T*+2TM+2TM/5].97AT4&%R=%\V-#4X-F9E-U\V-#(Q7S1B8F-?8C%C.5]A
M9&$S.6,S-F9C8V4-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO-C0U
M.#9F93=?-C0R,5\T8F)C7V(Q8SE?861A,SEC,S9F8V-E+U=O'0O:'1M;#L@8VAA&-E<'0@4VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT
M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R
M/@T*("`@("`@/'1R(&-L87-S/3-$2P@;F5T(&]F(&1E
M9F5R&5S("AI;B!D;VQL87)S*3PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2!O
M<&5R871I;F<@86-T:79I=&EE&5S/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M
M<#XT.3,\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@
M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3PO=&0^#0H@("`@("`@(#QT9"!C
M;&%S'!E;G-E