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Joint Venture Investments
12 Months Ended
Dec. 31, 2011
Joint Venture Investments [Abstract]  
Joint Venture Investments

16. Joint Venture Investments

Summarized below is aggregated financial information for the Company's joint ventures, Pelikan-Artline Pty Ltd and Neschen GBC Graphics Films, LLC, which are accounted for under the equity method. Accordingly, the Company has recorded its proportionate share of earnings or losses on the line entitled "Equity in earnings of joint ventures" in the consolidated statements of operations. The Company's share of the net assets of the joint ventures are included within "Other non-current assets" in the Condensed Consolidated Balance Sheets.

 

     Year Ended December 31,  
(in millions of dollars)    2011      2010      2009  

Net sales

   $ 165.6       $ 151.8       $ 134.9   

Gross profit

     94.6         85.8         71.6   

Operating income

     24.3         23.0         13.4   

Net income

     16.9         16.3         8.8   

 

     December 31,  
     2011      2010  

Current assets

   $ 94.3       $ 89.6   

Non-current assets

     37.1         37.9   

Current liabilities

     40.0         37.6   

Non-current liabilities

     16.7         23.8