2.2.0.7 false RELATED PARTY TRANSACTIONS 10901 - Disclosure - RELATED PARTY TRANSACTIONS true false false false 1 USD false false Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Unit13 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 $ 2 RELATED PARTY TRANSACTIONS 0 us-gaap_RelatedPartyTransactionDueFromToRelatedPartyAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 3 RELATED PARTY TRANSACTIONS 1 us-gaap_RelatedPartyTransactionsDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left">9.</td> <td valign="top" align="left">RELATED PARTY TRANSACTIONS </td></tr></table> Purchases from Carrier and its affiliates comprised 48% and 57% of all purchases made for the quarters ended September 30, 2010 and 2009, respectively. For the nine months ended September 30, 2010 and 2009, purchases from Carrier and its affiliates comprised 52% and 36% of all purchases made, respectively. At September 30, 2010 and December 31, 2009, approximately $110,000 and $61,000, respectively, was payable to Carrier and its affiliates. Carrier Enterprise also sells HVAC/R products to Carrier and its affiliates. Revenues in our condensed consolidated unaudited statements of income for the quarter and nine months ended September 30, 2010 include $6,025 and $16,332, respectively, of sales to Carrier and its affiliates. Revenues in our condensed consolidated unaudited statements of income for both the quarter and nine months ended September 30, 2009 include $6,603 of sales to Carrier and its affiliates. We believe these transactions are conducted at arm's-length in the ordinary course of business. Carrier Enterprise had entered into Transactional Services Agreements ("TSAs") with Carrier to have certain business processes performed on its behalf including processes involving the use of business software applications and information technologies. A number of the services provided pursuant to the TSAs expired on December 31, 2009, with the remaining services expiring on various dates throughout 2010. The fees related to the TSAs were $2,227 and $3,000, and are included in selling, general and administrative expenses in our condensed consolidated unaudited statements of income for the nine months ended September 30, 2010 and 2009, respectively. At September 30, 2010 and December 31, 2009, $1,722 and $7,116, respectively, related to the TSAs was payable to Carrier and is included in accrued expenses and other current liabilities in our condensed consolidated balance sheets. The final purchase price for Carrier Enterprise was subject to an adjustment pursuant to the Purchase and Contribution Agreement, of which $1,418 was paid to Carrier during the quarter ended September 30, 2010. </div> 9. RELATED PARTY TRANSACTIONS Purchases from Carrier and its affiliates comprised 48% and 57% of all purchases made for the quarters ended false false false us-types:textBlockItemType textblock This 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 parties. 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 false 1 2 false UnKnown UnKnown UnKnown false true