8.	Other Assets

	December 31,
	2012		2011
	(In thousands)
Deferred financing costs, net	$	2,615	$	3,772
Other		7,546		7,145
Total other assets, net	$	10,161	$	10,917

Included in the above caption "Other" is $6.7 million and $5.9 million of assets held in a nonqualified defined contribution pension plan for the years ended December 31, 2012 and 2011, respectively.

Joint Venture Operations

In December 2011, we sold our 50% equity ownership investment in a joint venture located in Europe for cash proceeds of $3 million. The gain on the sale of our investment of $2.5 million is recorded in other non-operating income, net in our consolidated statements of operations. Prior to the sale, our ownership interest in this joint venture was accounted for on the equity method.

The following is summarized selected financial information from this joint venture for the years ended December 31, 2011 and 2010 through the date of its sale:

	Year Ended December 31,
	2011		2010
	(In thousands)
Net sales	$	4,230	$	3,427
Costs and expenses		3,507		2,990
Net earnings	$	723	$	437