QUARTERLY DATA (UNAUDITED)


	First Quarter⁽⁴⁾		Second Quarter ⁽⁴⁾		Third Quarter ⁽³⁾		Fourth Quarter
	(Dollars in thousands, except per share)
2011⁽¹⁾:
Net revenues	$	354,004	$	391,286	$	371,891	$	411,730
Gross profit		164,504		184,032		178,274		192,031
Income from continuing operations before interest, loss on extinguishments of debt and taxes		49,665		57,179		63,211		63,118
Income from continuing operations		14,112		31,924		33,752		41,915
Income from discontinued operations		64,082		2,563		10,313		126,306
Net income		78,194		34,487		44,065		168,221
Less: Income from continuing operations attributable to noncontrolling interest		223		258		289		251
Income from discontinued operations attributable to noncontrolling interest		159		159		125		174
Net income attributable to common shareholders		77,812		34,070		43,651		167,796
Earnings per share available to common shareholders — basic⁽²⁾ :
Income from continuing operations	$	0.35	$	0.78	$	0.82	$	1.02
Income from discontinued operations		1.60		0.06		0.25		3.10

Net income	$	1.94	$	0.84	$	1.07	$	4.12

Earnings per share available to common shareholders — diluted⁽²⁾ :
Income from continuing operations	$	0.34	$	0.77	$	0.82	$	1.02
Income from discontinued operations		1.58		0.06		0.25		3.08

Net income	$	1.92	$	0.83	$	1.07	$	4.10

2010⁽¹⁾:
Net revenues	$	343,537	$	358,427	$	345,041	$	386,277
Gross profit		170,811		174,301		166,564		176,795
Income from continuing operations before interest, loss on extinguishments of debt and taxes		65,386		64,170		53,493		50,343
Income from continuing operations		32,749		32,346		10,987		13,608
Income from discontinued operations		5,209		28,180		11,548		67,828
Net income		37,958		60,526		22,535		81,436
Less: Income from continuing operations attributable to noncontrolling interest		172		259		226		204
Income from discontinued operations attributable to noncontrolling interest		114		119		113		154
Net income attributable to common shareholders		37,672		60,148		22,196		81,078
Earnings per share available to common shareholders — basic⁽²⁾ :
Income from continuing operations	$	0.82	$	0.80	$	0.27	$	0.34
Income from discontinued operations		0.13		0.70		0.29		1.69

Net income	$	0.95	$	1.51	$	0.56	$	2.03

Earnings per share available to common shareholders — diluted⁽²⁾ :
Income from continuing operations	$	0.81	$	0.80	$	0.27	$	0.33
Income from discontinued operations		0.13		0.70		0.28		1.68

Net income	$	0.94	$	1.49	$	0.55	$	2.01

(1)	Amounts reflect the retrospective impact of reporting the marine, cargo systems and cargo container businesses as discontinued operations. See Note 18.

(2)	The sum of the quarterly per share amounts may not equal per share amounts reported for year-to-date periods. This is due to changes in the number of weighted average shares outstanding and the effects of rounding for each period.

(3)

During the third quarter of 2010, the Company determined that an out-of-period adjustment associated with tax returns filed and tax audit conclusions was required, which reduced income tax expense by approximately $5.7 million. The Company has determined that this was not material on a quantitative or qualitative basis to the prior period financial statements.

(4)

The Company identified $0.1 million and $0.4 million, net of tax, of environmental costs related to discontinued operations that were erroneously reported in continuing operations during the first and second quarters of 2011, respectively, which did not change diluted earnings per share for the first quarter and increased diluted earnings per share by $0.01 for the second quarter. The Company has classified these environmental costs as income from discontinued operations. Management has determined that the impact of this error was not material on a quantitative or qualitative basis to the financial statements for the first and second quarters of fiscal 2011.