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USD ($)

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   &lt;div style="font-family: 'Times New Roman',Times,serif"&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;b&gt;Note 17. Subsequent Events&lt;/b&gt;
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;On March&amp;#160;23, 2011, the Company announced that it had issued a notice to redeem all $125.0
   million in aggregate principal amount of its outstanding Senior Subordinated Notes at 8% due 2013
   (the &amp;#8220;Notes&amp;#8221;). The Notes were redeemed on May&amp;#160;2, 2011 for a total of $125.0&amp;#160;million, consisting of
   the redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid
   interest to, but not including, the date of redemption. The Company financed the redemption using
   available cash and borrowings under its revolving credit facility. In the second quarter of 2011,
   the Company will recognize a loss of approximately $0.8&amp;#160;million (consisting of unamortized debt
   issuance costs) on the early extinguishment of this debt.
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;On April&amp;#160;20, 2011, the Company announced that it had reached an agreement with the minority
   shareholders of its two joint ventures in China, Shanghai CompAir Compressor Co. Ltd. and Shanghai
   CompAir-Dalong High Pressure Equipment Co. Ltd., to acquire all of their equity interests in these
   entities, representing 49&amp;#160;percent and 40&amp;#160;percent of the two entities, respectively. The purchase
   price is RMB 122.0&amp;#160;million (approximately $18.7&amp;#160;million based on exchange rates at the date of the
   agreement). The transaction is currently expected to close during the third quarter of 2011 and
   will be accounted for by the Company as an equity transaction.
   &lt;/div&gt;
   &lt;/div&gt;
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 -Publisher FASB
 -Name Statement of Financial Accounting Standard (FAS)
 -Number 5
 -Paragraph 11

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