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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2012
Summary of Income Tax Examinations

A summary of the tax years that remain subject to examination in the company’s major tax jurisdictions are:

 

 

United States – federal 2008 – 2011
United States – states 2004 – 2011
Austrailia 2011
Brazil 2010 – 2011
Canada 2009 – 2011
China 2003 – 2011
Denmark 2007 – 2011
France 2011
Germany 2011
Italy 2009 – 2011
Mexico 2006 – 2011
Philippines 2007 – 2011
South Korea 2006 – 2011
Spain 2008 – 2011
Taiwan 2008 – 2011
United Kingdom 2008 – 2011
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The company’s financial assets and liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):

 

    Fair Value     Fair Value     Fair Value        
    Level 1     Level 2     Level 3     Total  
As of March 31, 2012                                
                                 
Financial Assets:                                
   Pension plans   $ 21,229     $ 1,297       --     $ 22,526  
                                 
Financial Liabilities:                                
   Interest rate swaps     --     $ 3,161       --     $ 3,161  
   Contingent consideration     --       --     $ 3,306     $ 3,306  
                                 
As of December 31, 2011                                
                                 
Financial Assets:                                
   Pension plans   $ 21,229     $ 1,297       --     $ 22,526  
                                 
Financial Liabilities:                                
   Interest rate swaps     --     $ 3,216       --     $ 3,216  
   Contingent consideration     --       --     $ 3,398     $ 3,398