Tecumseh Products 2012 Annual Report Download - page 66

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65
Geographic Information
For years ended December 31,
(in millions) 2012 2011 2010
Customer sales by destination:
North America
United States ............................................................................ $ 168.0 $ 170.6 $ 171.8
Other North America................................................................ 18.3 19.0 25.4
Total North America........................................................................ 186.3 189.6 197.2
South America
Brazil........................................................................................ 193.4 224.6 216.3
Other South America................................................................ 65.9 53.1 80.9
Total South America........................................................................ 259.3 277.7 297.2
Europe ............................................................................................. 203.2 210.8 209.9
Asia
China........................................................................................ 26.2 24.7 28.9
India ......................................................................................... 66.3 48.1 82.1
Other Asia ................................................................................ 27.2 24.9 26.9
Total Asia........................................................................................ 119.7 97.7 137.9
Middle East and Africa ................................................................... 86.2 88.6 91.6
Total sales............................................................................................... $ 854.7 $ 864.4 $ 933.8
For years ended December 31,
(in millions) 2012 2011 2010
Property, plant and equipment, net:
North America................................................................................. $ 30.2 $ 35.3 $ 39.0
Brazil............................................................................................... 85.4 110.7 144.2
India ................................................................................................ 24.8 30.0 39.9
Europe ............................................................................................. 16.6 13.4 11.8
Total property, plant and equipment, net................................................ $ 157.0 $ 189.4 $ 234.9
NOTE 17. Quarterly Financial Data – Unaudited
Quarter
(in millions, except per share data) First Second Third Fourth Total
2012
Net sales ........................................................................ $ 219.6 $ 228.1 $ 208.6 $ 198.4 $ 854.7
Gross profit ................................................................... 15.6 17.6 18.2 13.3 64.7
Net income (loss)(a)....................................................... (7.1) 44.0 (3.8)(10.5) 22.6
Basic and diluted earnings (loss) per share................... $ (0.38) $ 2.38 $ (0.21)$ (0.57) $ 1.22
2011
Net sales ........................................................................ $ 242.9 $ 248.8 $ 198.3 $ 174.4 $ 864.4
Gross profit ................................................................... 19.4 14.5 5.0 (1.0) 37.9
Net loss(b) ...................................................................... (8.4)(8.9)(21.8)(34.1)(73.2)
Basic and diluted loss per share .................................... $ (0.45)$ (0.48)$ (1.18)$ (1.85)$ (3.96)
(a) Includes curtailment gain related to termination of certain postretirement benefits for salaried employees and retirees, which resulted
in a non-cash gain of $45.0 million as well as $0.1 million refund for a settlement notice and administrative costs, partially offset by
$3.8 million in expense related to severance associated with reductions in work force and $0.1 million in moving costs.
(b) Includes the effects of $8.0 million in expenses related to severance associated with reductions in force, $0.1 million for additional
estimated environmental reserve associated with the remediation activities at our former Tecumseh, Michigan facility and an
impairment of assets for $0.4 million.