NONCONTROLLING INTEREST PUTS

6 Months Ended

Jun. 30, 2011

Notes To Financial Statements [Abstract]

NONCONTROLLING INTEREST PUTS

4.  NONCONTROLLING INTEREST PUTS

The partnership units of the holders of the noncontrolling interest in the Ontario, Canada ("Ontario") joint venture were acquired by the Company on February 8, 2010 for $137.5. On February 17, 2010, the Company completed a transaction to sell the units acquired from the previous noncontrolling interest holder to a new Canadian partner for the same price. As a result of this transaction, the Company recorded a component of noncontrolling interest in other liabilities and a component in mezzanine equity. Upon the completion of these two transactions, the Company's financial ownership percentage in the joint venture partnership remained unchanged at 85.6%. Concurrent with the sale to the new partner, the partnership agreement for the Ontario joint venture was amended and restated with substantially the same terms as the previous agreement. The combined contractual value of these puts, in excess of the current noncontrolling interest of $30.7, totals $144.1 at June 30, 2011. At June 30, 2011, $153.4 has been classified as a current liability in the Company's condensed consolidated balance sheet as the noncontrolling interest that acquired these units has the ability to put its units in the partnership to the Company on December 31, 2011.

     Net sales of the Ontario joint venture for the six month and three month periods ended June 30, 2011 were $154.9 (CN$151.2) and $80.8 (CN$78.1), respectively, and $140.0 (CN$144.8) and $71.1 (CN$73.1) for the six month and three month periods ended June 30, 2010, respectively.