XML 63 R15.htm IDEA: XBRL DOCUMENT

INVENTORIES

6 Months Ended

Jun. 30, 2012

INVENTORIES

7. INVENTORIES

Inventories are comprised of the following:

		Successor Company
		June 30,			December 31,
		2012			2011

Raw materials		$	11,962		$	9,641
Work in process		14,610			11,882
Finished goods		11,607			12,781

Total		$	38,179		$	34,304

As at June 30, 2012, the Successor Company’s inventory allowance was $1.3 million (December 31, 2011 - $1.0 million). For the three and six months ended June 30, 2012, the Successor Company recorded net inventory write-downs and obsolescence expense of $0.1 million and $0.3 million, respectively (Successor Company — two months ended June 30, 2011- $0.4 million expense ; Predecessor Company — one and four months ended April 30, 2011 $nil and $0.5 million recovery, respectively).

The entire disclosure for 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 determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details