Subsequent Events |
9 Months Ended |
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Sep. 30, 2011 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
(13) SUBSEQUENT EVENTS The Company has entered into a tentative agreement to sell its distribution facility located in Ontario, California. The sale is expected to close during the fourth quarter of 2011. Assuming the sale is finalized, the Company expects to receive net sale proceeds of approximately $17.1 million resulting in a pre-tax gain of approximately $9.9 million. |
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
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