EXHIBIT 13.1
 Selected Financial Information included in Registrants 2009 Annual Report to Shareholders
 Dollars in thousands, except per-share amounts
 Year end December, 31
    
    2009(b) (e) (h)
    
    2008(b) (e)
    
    2007
    
    2006 (e) (h)
    
    2005 (e)
    
    2004 (e)
    
    2003
    
    2002 (b) (f)
    
    2001
    
    2000Operating Results:Net sales
    
    $
    748,635
    
    
    $
    810,207
    
    
    $
    814,160
    
    
    $
    689,480
    
    
    $
    568,133
    
    
    $
    544,767
    
    
    $
    513,632
    
    
    $
    433,761
    
    
    $
    419,594
    
    
    $
    441,828Gross profit(e)
    
    $
    133,145
    
    
    $
    109,337
    
    
    $
    157,669
    
    
    $
    123,164
    
    
    $
    86,542
    
    
    $
    100,462
    
    
    $
    108,206
    
    
    $
    107,928
    
    
    $
    114,424
    
    
    $
    138,099Gross profit margin
    
    
    17.8
    %
    
    
    13.5
    %
    
    
    19.4
    %
    
    
    17.9
    %
    
    
    15.2
    %
    
    
    18.4
    %
    
    
    21.1
    %
    
    
    24.9
    %
    
    
    27.3
    %
    
    
    31.3
    %Selling, general and
 administrative expenses
    
    $
    94,900
    
    
    $
    88,451
    
    
    $
    91,568
    
    
    $
    87,566
    
    
    $
    71,535
    
    
    $
    68,574
    
    
    $
    68,479
    
    
    $
    56,631
    
    
    $
    55,716
    
    
    $
    61,185Impairment of goodwill and other intangible assets (e)
    
    $
    
    
    
    $
    11,890
    
    
    $
    
    
    
    $
    
    
    
    $
    9,179
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    Income (loss) from operations (IFO)(e)
    
    $
    36,614
    
    
    $
    (5,548
    )
    
    $
    66,101
    
    
    $
    19,264
    
    
    $
    (8,917
    )
    
    $
    23,895
    
    
    $
    39,727
    
    
    $
    51,297
    
    
    $
    58,708
    
    
    $
    76,914IFO margin
    
    
    4.9
    %
    
    
    (0.7
    )%
    
    
    8.1
    %
    
    
    2.8
    %
    
    
    (1.6
    )%
    
    
    4.4
    %
    
    
    7.7
    %
    
    
    11.8
    %
    
    
    14.0
    %
    
    
    17.4
    %Equity earnings (loss)  pretax
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    1,986
    
    
    $
    (4,100
    )
    
    $
    (1,435
    )
    
    $
    4,429
    
    
    $
    6,379
    
    
    $
    6,384
    
    
    $
    12,016Other income (expense) (e) (f)
    
    $
    4,053
    
    
    $
    1,119
    
    
    $
    8,778
    
    
    $
    (3,236
    )
    
    $
    2,567
    
    
    $
    2,369
    
    
    $
    3,484
    
    
    $
    (12,740
    )
    
    $
    3,500
    
    
    $
    3,765Earnings (loss) before interest and income taxes after non-controlling interest (EBIT) (e) (f)
    
    $
    40,667
    
    
    $
    (4,429
    )
    
    $
    74,879
    
    
    $
    17,948
    
    
    $
    (10,484
    )
    
    $
    24,829
    
    
    $
    47,640
    
    
    $
    44,936
    
    
    $
    68,592
    
    
    $
    92,695EBIT margin
    
    
    5.4
    %
    
    
    (0.5
    )%
    
    
    9.2
    %
    
    
    2.6
    %
    
    
    (1.8
    )%
    
    
    4.6
    %
    
    
    9.3
    %
    
    
    10.4
    %
    
    
    16.3
    %
    
    
    21.0
    %Interest expense (h)
    
    $
    66,705
    
    
    $
    69,720
    
    
    $
    65,888
    
    
    $
    46,594
    
    
    $
    15,255
    
    
    $
    13,049
    
    
    $
    13,436
    
    
    $
    8,263
    
    
    $
    9,360
    
    
    $
    12,216(Loss) income  before income 
taxes (e) (f) (h)
    
    $
    (26,038
    )
    
    $
    (74,149
    )
    
    $
    8,991
    
    
    $
    (28,580
    )
    
    $
    (25,705
    )
    
    $
    11,780
    
    
    $
    34,204
    
    
    $
    36,673
    
    
    $
    59,232
    
    
    $
    80,479Provision (benefit) for income taxes
    
    $
    2,750
    
    
    $
    6,314
    
    
    $
    11,298
    
    
    $
    (7,747
    )
    
    $
    (6,384
    )
    
    $
    3,528
    
    
    $
    5,131
    
    
    $
    8,618
    
    
    $
    19,840
    
    
    $
    33,613Effective tax rate
    
    
    (10.6
    )%
    
    
    (8.5
    )%
    
    
    125.7
    %
    
    
    27.1
    %
    
    
    24.8
    %
    
    
    30.0
    %
    
    
    15.0
    %
    
    
    23.5
    %
    
    
    33.5
    %
    
    
    41.8
    %Net (loss) income (b) (e) (f) (h)
    
    $
    (28,788
    )
    
    $
    (80,463
    )
    
    $
    (2,307
    )
    
    $
    (20,899
    )
    
    $
    (19,355
    )
    
    $
    8,252
    
    
    $
    29,073
    
    
    $
    28,055
    
    
    $
    39,392
    
    
    $
    46,866Net income margin
    
    
    (3.8
    )%
    
    
    (9.9
    )%
    
    
    (0.3
    )%
    
    
    (3.0
    )%
    
    
    (3.4
    )%
    
    
    1.5
    %
    
    
    5.7
    %
    
    
    6.5
    %
    
    
    9.4
    %
    
    
    10.6
    %Per-Share Amounts:Diluted net (loss) income (b) (e) (f) (h)
    
    $
    (1.90
    )
    
    $
    (5.48
    )
    
    $
    (0.16
    )
    
    $
    (1.47
    )
    
    $
    (1.39
    )
    
    $
    0.60
    
    
    $
    2.11
    
    
    $
    1.82
    
    
    $
    2.53
    
    
    $
    3.01Dividends paid
    
    $
    0.00
    
    
    $
    0.10
    
    
    $
    0.10
    
    
    $
    0.10
    
    
    $
    0.40
    
    
    $
    0.40
    
    
    $
    0.40
    
    
    $
    0.30
    
    
    $
    0.30
    
    
    $
    0.30Other Information:EBIT
    
    $
    40,667
    
    
    $
    (4,429
    )
    
    $
    74,879
    
    
    $
    17,948
    
    
    $
    (10,484
    )
    
    $
    24,829
    
    
    $
    47,640
    
    
    $
    44,936
    
    
    $
    68,592
    
    
    $
    92,695Depreciation & amortization (b)
    
    $
    43,166
    
    
    $
    44,430
    
    
    $
    41,572
    
    
    $
    35,556
    
    
    $
    32,217
    
    
    $
    29,505
    
    
    $
    28,109
    
    
    $
    19,143
    
    
    $
    18,843
    
    
    $
    18,352EBITDA (c) (e) (f)
    
    $
    83,833
    
    
    $
    40,001
    
    
    $
    116,451
    
    
    $
    53,504
    
    
    $
    21,733
    
    
    $
    54,334
    
    
    $
    75,749
    
    
    $
    64,079
    
    
    $
    87,435
    
    
    $
    111,047EBITDA margin
    
    
    11.2
    %
    
    
    4.9
    %
    
    
    14.3
    %
    
    
    7.8
    %
    
    
    3.8
    %
    
    
    10.0
    %
    
    
    14.7
    %
    
    
    14.8
    %
    
    
    20.8
    %
    
    
    25.1
    %Adjusted EBITDA (c) (i)
    
    $
    90,141
    
    
    $
    85,238
    
    
    $
    116,451
    
    
    $
    74,041
    
    
    $
    48,969
    
    
    $
    68,853
    
    
    $
    75,749
    
    
    $
    77,713
    
    
    $
    87,435
    
    
    $
    111,047Adjusted EBITDA margin
    
    
    12.0
    %
    
    
    10.5
    %
    
    
    14.3
    %
    
    
    10.7
    %
    
    
    8.6
    %
    
    
    12.6
    %
    
    
    14.7
    %
    
    
    17.9
    %
    
    
    20.8
    %
    
    
    25.1
    %Employees
    
    
    6,857
    
    
    
    7,306
    
    
    
    7,442
    
    
    
    7,156
    
    
    
    3,563
    
    
    
    3,808
    
    
    
    3,838
    
    
    
    3,837
    
    
    
    3,218
    
    
    
    3,270Balance Sheet Data:Total assets
    
    $
    794,813
    
    
    $
    821,554
    
    
    $
    899,471
    
    
    $
    878,131
    
    
    $
    595,784
    
    
    $
    578,204
    
    
    $
    551,116
    
    
    $
    524,527
    
    
    $
    468,082
    
    
    $
    446,707Total liabilities
    
    $
    861,720
    
    
    $
    879,443
    
    
    $
    806,356
    
    
    $
    790,281
    
    
    $
    476,179
    
    
    $
    434,641
    
    
    $
    411,259
    
    
    $
    384,309
    
    
    $
    302,717
    
    
    $
    313,436Working Capital (a)
    
    $
    167,601
    
    
    $
    206,886
    
    
    $
    213,819
    
    
    $
    200,060
    
    
    $
    162,426
    
    
    $
    160,265
    
    
    $
    150,999
    
    
    $
    133,301
    
    
    $
    114,421
    
    
    $
    135,837% of net sales(g)
    
    
    22.4
    %
    
    
    25.5
    %
    
    
    26.3
    %
    
    
    26.2
    %
    
    
    28.6
    %
    
    
    29.4
    %
    
    
    29.4
    %
    
    
    30.7
    %
    
    
    27.3
    %
    
    
    30.7
    %Total borrowings  net
    
    $
    515,239
    
    
    $
    550,257
    
    
    $
    496,634
    
    
    $
    491,232
    
    
    $
    261,679
    
    
    $
    225,372
    
    
    $
    230,933
    
    
    $
    191,178
    
    
    $
    148,032
    
    
    $
    161,404Cash Flow Data:Net cash provided by (used in) operating activities
    
    $
    102,148
    
    
    $
    (1,040
    )
    
    $
    51,457
    
    
    $
    54,858
    
    
    $
    38,113
    
    
    $
    42,750
    
    
    $
    29,210
    
    
    $
    55,001
    
    
    $
    52,930
    
    
    $
    37,423




---



##### 



Year end December, 31
    
    2009(e)
    
    2008(e)
    
    2007
    
    2006 (e) (h)
    
    2005 (e)
    
    2004 (e)
    
    2003
    
    2002 (b) (f)
    
    2001
    
    2000Capital expenditures
    
    $
    17,005
    
    
    $
    45,717
    
    
    $
    43,121
    
    
    $
    73,598
    
    
    $
    44,270
    
    
    $
    40,482
    
    
    $
    25,718
    
    
    $
    17,535
    
    
    $
    36,863
    
    
    $
    18,621Acquisitions and related costs
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    78,434
    
    
    $
    28,948
    
    
    $
    
    
    
    $
    
    
    
    $
    62,046
    
    
    $
    
    
    
    $
    Proceeds from asset sales and other
    
    $
    265
    
    
    $
    117
    
    
    $
    8,213
    
    
    $
    
    
    
    $
    212
    
    
    $
    16,623
    
    
    $
    897
    
    
    $
    3,523
    
    
    $
    (1,563
    )
    
    $
    (63
    )Dividends received from equity investments
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    980
    
    
    $
    4,900
    
    
    $
    4,659
    
    
    $
    4,918
    
    
    $
    2,940Free cash flow (d)
    
    $
    85,408
    
    
    $
    (46,640
    )
    
    $
    16,549
    
    
    $
    (97,174
    )
    
    $
    (34,893
    )
    
    $
    19,871
    
    
    $
    9,289
    
    
    $
    (16,398
    )
    
    $
    19,422
    
    
    $
    21,679Shares repurchased
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    38,918
    
    
    $
    26,837
    
    
    $
    1,229
    
    
    $
    4,053Dividends paid
    
    $
    
    
    
    $
    1,466
    
    
    $
    1,446
    
    
    $
    1,417
    
    
    $
    5,536
    
    
    $
    5,481
    
    
    $
    5,506
    
    
    $
    4,574
    
    
    $
    4,588
    
    
    $
    4,569
 
 (a)
    
    Defined as net accounts receivable plus net inventory less accounts payable.(b)
    
    Effective January 1, 2002, we adopted SFAS 142,
Goodwill and Other Intangible Assets. The requirements of
SFAS 142 have been incorporated in FASB ASC Topic 350,
Intangibles  Goodwill and Other. Includes $705 and
$261 in 2009 and 2008, respectively, of depreciation expense
included in special charges disclosed in note 7 to the
Consolidated Financial Statements.(c)
    
    We believe that EBITDA (earnings before interest, taxes,
depreciation and amortization) and Adjusted EBITDA (adjusted earnings
before interest, taxes, depreciation and amortization), non-GAAP
financial measures, are useful metrics for evaluating our financial
performance, as they are measures that we use internally to assess performance.(d)
    
    We believe that Free Cash Flow (net cash provided by (used in) operating activities, less capital expenditures and acquisition &
related costs, plus proceeds from asset sales and other, and dividends received from equity investments), is a useful metric
for evaluating our financial performance, as it is the measure that we use internally to assess performance.(e)
    
    Includes special charges of $3,823 and $45,498 in 2009 and 2008, respectively and is disclosed in note 7 to the Consolidated Financial Statements. We incurred $18,492 in 2006 for our restructuring of Crisa, our capacity realignment and closure of our City of Industry, California facility and North American salaried workforce reduction program.
We incurred $27,236 in 2005 for our capacity realignment and closure of our City of Industry, California facility, the North American salaried workforce reduction program and the Syracuse China asset impairment. We incurred $14,519 in 2004 for our capacity realignment and closure of our City of Industry, California facility.(f)
    
    2002, includes $13,634 of expenses related to an abandoned acquisition.(g)
    
    The 2006 calculations include Crisa pro forma net sales for 2006.(h)
    
    Interest expense includes a special charge of $2,700 in 2009 as disclosed in note 7 to the Consolidated Financial Statements. Interest expense includes a special charge of $4,906 in 2006 to write off unamortized finance fees related to debt that we refinanced.(i)
    
    Excludes pension settlement charges of $3,190 and $2,045
in 2009 and 2006, respectively, special charges discussed in
footnotes (b) and (e) above and expenses related to an abandoned
acquisition discussed in footnote (f) above.