Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes

Schedule of significant components of the Company's deferred income tax liabilities and assets

	December 31,
	2011			2010
	(in millions)
Deferred income tax liabilities:
Excess tax over book depreciation	$	21.0		$	13.7
Intangibles		33.6			29.3
Other		15.6			12.8
Total deferred tax liabilities		70.2			55.8
Deferred income tax assets:
Accrued expenses		17.9			17.9
Net operating loss carry-forward		6.5			8.1
Inventory reserves		8.1			9.4
Pension—accumulated other comprehensive income		12.0			15.8
Other		15.1			15.6
Total deferred tax assets		59.6			66.8
Less: valuation allowance		(9.1	)		(9.1	)
Net deferred tax assets		50.5			57.7
Net deferred tax assets (liabilities)	$	(19.7	)	$	1.9

Schedule of pre-tax income upon which provision for income taxes from continuing operations is based

	Years Ended December 31,
	2011		2010		2009
	(in millions)
Domestic	$	40.0	$	43.5	$	21.5
Foreign		51.5		51.0		50.8
	$	91.5	$	94.5	$	72.3

Schedule of provision for income taxes from continuing operations

	Years Ended December 31,
	2011			2010			2009
	(in millions)
Current tax expense:
Federal	$	7.2		$	12.0		$	1.9
Foreign		18.6			20.5			23.5
State		1.9			2.9			0.6
		27.7			35.4			26.0
Deferred tax expense (benefit):
Federal		5.3			1.6			6.8
Foreign		(7.3	)		(5.9	)		(3.3	)
State		1.1			0.3			1.8
		(0.9	)		(4.0	)		5.3
	$	26.8		$	31.4		$	31.3

Reconciliation of federal statutory taxes to actual income taxes reported from continuing operations

	Years Ended December 31,
	2011			2010			2009
	(in millions)
Computed expected federal income expense	$	32.0		$	33.0		$	25.3
State income taxes, net of federal tax benefit		2.0			2.1			1.5
Foreign tax rate differential		(2.6	)		(3.3	)		2.5
China tax clawback		(4.2	)		—			—
Other, net		(0.4	)		(0.4	)		2.0
	$	26.8		$	31.4		$	31.3