
	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Thousands of dollars)	2011			2010			2011			2010
Provisions for environmental matters — net	$	2,694		$	1,974		$	7,344		$	6,696
(Gain) loss on disposition of assets		(1,094	)		(2,643	)		(5,493	)		279
Adjustments to prior provisions for qualified exit costs					(148	)		223			(761	)

Other general expense (income) — net	$	1,600		$	(817	)	$	2,074		$	6,214

Provisions for environmental matters—net represent site-specific increases or decreases to environmental-related accruals as information becomes available upon which more accurate costs can be reasonably estimated and as additional accounting guidelines are issued. Environmental-related accruals are not recorded net of insurance proceeds in accordance with the Offsetting Subtopic of the Balance Sheet Topic of the ASC. See Note 8 for further details on the Company’s environmental-related activities.

The (gain) loss on disposition of assets represents net realized (gains) losses associated with the disposal of fixed assets previously used in the conduct of the primary business of the Company.

The adjustments to prior provisions for qualified exit costs represent site specific increases or decreases to accrued qualified exit costs as adjustments for costs of employee terminations are required or as information becomes available upon which more accurate amounts can be reasonably estimated. See Note 6 for further details on the Company’s exit or disposal activities.

Other expense — net

Included in Other expense — net were the following:


	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Thousands of dollars)	2011			2010			2011			2010
Dividend and royalty income	$	(1,067	)	$	(1,913	)	$	(4,052	)	$	(4,406	)
Net expense from financing activities		1,932			1,908			5,881			6,479
Foreign currency related losses		8,971			3,499			11,890			1,125
Other income		(5,877	)		(2,424	)		(14,213	)		(7,348	)
Other expense		2,673			1,979			7,117			4,442

Other expense — net	$	6,632		$	3,049		$	6,623		$	292

The net expense from financing activities includes the net expense relating to the change in the Company’s financing fees.

Foreign currency related losses included foreign currency transaction gains and losses and realized and unrealized net gains from foreign currency option and forward contracts. The Company had foreign currency option and forward contracts outstanding at September 30, 2011 and 2010. All of the outstanding contracts had maturity dates of less than twelve months and were undesignated hedges with changes in fair value being recognized in earnings in accordance with the Derivatives and Hedging Topic of the ASC. These derivative instrument values were included in either Other current assets or Other accruals and were insignificant at September 30, 2011 and 2010.

Other income and Other expense included items of revenue, gains, expenses and losses that were unrelated to the primary business purpose of the Company. There were no items within the other income or other expense caption that were individually significant.