SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

Dec. 31, 2011

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

(in thousands)

	Balance at		Additions					Foreign						Balance
Year Ended	Beginning		Charged to					Currency						at Close
December 31,	of Year		Profit & Loss		Write-offs			Impact			Other			of Year
RESERVES FOR DOUBTFUL ACCOUNTS, SALES RETURNS, AND ALLOWANCES
2011	$	27,543	$	21,755	$	(16,792	)(1)	$	(1,639	)	$	(342	)(4)	$	30,525
2010	21,078		26,346		(22,157		)(2)	(23		)	2,299		(5)	27,543
2009	16,262		18,674		(15,321		)(3)	1,383			80		(6)	21,078
VALUATION ALLOWANCE FOR DEFERRED TAX ASSETS
2011	$	29,682	$	3,563	$	—		$	(1,655	)	$	—		$	31,590
2010	20,124		5,088		—			(177		)	4,647		(5)	29,682
2009	9,242		10,488		—			394						20,124

(1) Net of $409 collections on accounts previously written off.

(2) Net of $1,029 collections on accounts previously written off.

(3) Net of $310 collections on accounts previously written off.

(4) Reserve accruals and valuation allowance related to acquisition of the Mayor and Shield Pack operations.

(5) Reserve accruals and valuation allowance related to acquisition of the Food Americas operations of Alcan Packaging.

(6) Customer receivable accrual related to a South American rigid packaging acquisition.