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Other Financial Statement Information

12 Months Ended

Dec. 31, 2011

Significant Accounting Policies/Other Financial Statement Information [Abstract]

Note B—Other Financial Statement Information

Inventories—net

		September 30,			September 30,
	December 31
	2011			2010

Finished products	$	42,382		$	34,580
Work-in-process		9,196			5,830
Raw materials		46,700			40,667

		98,278			81,077
Excess of current cost over LIFO cost		(5,611	)		(4,801	)
Noncurrent portion of inventory		(4,054	)		(3,155	)

	$	88,613		$	73,121

Costs for inventories of certain material are determined using the LIFO method and totaled approximately $28.3 million and $21.7 million at December 31, 2011 and 2010, respectively.

Property and equipment—net

Major classes of property, plant and equipment are as follows:

		September 30,		September 30,
	December 31
	2011		2010

Land and improvements	$	10,283	$	7,467
Buildings and improvements		56,303		55,766
Machinery and equipment		125,668		117,758
Construction in progress		6,447		4,949

		198,701		185,940
Less accumulated depreciation		115,841		109,674

	$	82,860	$	76,266

Depreciation of property and equipment was $9.3 million in 2011, $8 million in 2010 and $6.7 million in 2009. Machinery and equipment includes $.5 million and $.6 million of capital leases at December 31, 2011 and 2010, respectively.

Legal proceedings

From time to time, the Company may be subject to litigation incidental to its business. The Company is not a party to any pending legal proceedings that the Company believes would, individually or in the aggregate, have a material adverse effect on its financial condition, results of operations or cash flows.