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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current Assets    
Cash and cash equivalents $ 256,861 $ 165,112
Accounts receivable, net 131,904 88,131
Inventories, net 149,822 104,435
Unbilled contract revenue 25,247 22,070
Prepaid expenses 7,088 5,121
Other current assets 26,707 21,227
Total Current Assets 597,629 406,096
Property, plant and equipment, net 137,301 116,158
Goodwill 288,770 275,252
Identifiable intangible assets, net 140,553 145,500
Other assets, net 10,222 11,833
TOTAL ASSETS 1,174,475 954,839 [1],[2]
Current Liabilities    
Short-term debt 4,758 0
Accounts payable 84,297 54,749
Customer advances and billings in excess of contract revenue 102,996 51,661
Accrued salaries, wages and benefits 29,108 20,359
Warranty reserve 13,181 12,101
Current portion of long-term debt 6,500 6,500
Other current liabilities 24,653 25,813
Total Current Liabilities 265,493 171,183
Long-term debt 223,224 218,425
Long-term deferred tax liability, net 43,945 39,140
Accrued pension liabilities 15,905 11,483
Other long-term liabilities 12,357 13,234
Shareholders’ Equity    
Common stock, par value $.01 per share — 150,000,000 shares authorized, as of December 31, 2011 and 2010, respectively, 29,612,684 and 28,831,724 shares issued and outstanding at December 31, 2011 and 2010, respectively 296 288
Additional paid-in capital 333,034 258,425
Retained earnings 274,716 230,640
Accumulated other comprehensive income 2,993 9,811
Total Chart Industries, Inc. shareholders’ equity 611,039 499,164
Noncontrolling interest 2,512 2,210
Total equity 613,551 501,374
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,174,475 $ 954,839
[1] Corporate assets at December 31, 2011, 2010 and 2009 consist primarily of cash, cash equivalents, short term investments and deferred income taxes.
[2] Total assets at December 31, 2010 include goodwill of $83,215, $148,010 and $44,027 for the Energy and Chemicals, Distribution and Storage and BioMedical segments, respectively.