Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2011

Fair value measurements of assets and liabilities

Our population of assets and liabilities subject to fair value measurements at December 31, 2011 is as follows:

	Fair								Valuation
	value		Level 1		Level 2		Level 3		Technique
Assets:
Water Star technology	$	3,800	$	-	$	-	$	3,800	(a)
Foreign currency forward exchange contracts		1,015		-		1,015		-	(b)
Total Assets	$	4,815	$	-	$	1,015	$	3,800
Liabilities:
Foreign currency forward exchange contracts	$	102	$	-	$	102	$	-	(b)
Total Liabilities	$	102	$	-	$	102	$	-

(a) We used a loss of income method to value Water Star technology. Inputs for this valuation model were based on estimated costs to replace and hypothetical lost profits.

(b) Our foreign currency forward exchange contracts are valued based on quoted forward foreign exchange prices at the reporting date.