SCHEDULE II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2011

SCHEDULE II - Valuation & Qualifying Accounts [Abstract]

SCHEDULE II - Valuation & Qualifying Accounts

SCHEDULE II

Lufkin Industries, Inc.

Valuation & Qualifying Accounts

(in thousands of dollars)

			Additions
	Balance at					Charged to					Balance at
	Beginning		Charged			Other					End of
Description	of Year		to Expense			Accounts		Deductions			Year
Allowance for Doubtful Receivables:
Year Ended December 31, 2011	$	260		(57	)		11		(89	)	$	125
Year Ended December 31, 2010		240		(93	)		-		113			260
Year Ended December 31, 2009	$	735		(1,844	)		-		1,349		$	240
Inventory: Valuation Reserves:
Year Ended December 31, 2011	$	2,383		229			556		(24	)	$	3,144
Year Ended December 31, 2010		2,643		(224	)		-		(36	)		2,383
Year Ended December 31, 2009	$	4,535		100			-		(1,992	)	$	2,643
Inventory: LIFO Reserves:
Year Ended December 31, 2011	$	28,776		3,327			-		-		$	32,103
Year Ended December 31, 2010		29,961		(1,185	)		-		-			28,776
Year Ended December 31, 2009	$	32,926		(2,965	)		-		-		$	29,961