0000027996 2009-01-01 2009-12-31 0000027996 2009-06-30 0000027996 2008-12-31 0000027996 2010-06-30 0000027996 2009-12-31 0000027996 2010-04-01 2010-06-30 0000027996 2009-04-01 2009-06-30 0000027996 2009-01-01 2009-06-30 0000027996 2010-07-21 0000027996 2010-01-01 2010-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares false --12-31 Q2 2010 2010-06-30 10-Q 0000027996 51375871 Large Accelerated Filer Deluxe Corporation <div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 7: Acquisitions and discontinued operations</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     During April 2010, we acquired all of the outstanding stock of Custom Direct, Inc. (Custom Direct), a leading provider of direct-to-consumer checks, in a cash transaction for $97.9 million, net of cash acquired. We funded the acquisition with our credit facility. The results of operations of this business from its acquisition date are included in our Direct Checks segment. The preliminary allocation of the purchase price based upon the estimated fair values of the assets acquired and liabilities assumed resulted in goodwill of $65.8 million. We believe this acquisition resulted in the recognition of goodwill as we expect Custom Direct to contribute to our strategy of optimizing cash flows in our Direct Checks segment. Transaction costs related to this acquisition were expensed as incurred and were not significant to our consolidated statements of income for the quarter or six months ended June 30, 2010.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The allocation of the purchase price to the acquired assets and liabilities is preliminary pending completion of the valuation of current income taxes receivable and deferred income taxes, as well as our analysis of the establishment of reserves for uncertain income tax positions. Our preliminary allocation of the purchase price includes current income taxes receivable of $10.8 million and net deferred tax liabilities of $12.5 million. The following illustrates our preliminary allocation of the Custom Direct purchase price to the assets acquired and liabilities assumed: <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="88%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="5">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Cash and cash equivalents</div> </td> <td>  </td> <td align="left">$</td> <td align="right">24</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Other current assets</div> </td> <td>  </td> <td>  </td> <td align="right">13,141</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Intangibles</div> </td> <td>  </td> <td>  </td> <td align="right">36,487</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Goodwill</div> </td> <td>  </td> <td>  </td> <td align="right">65,843</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Other non-current assets</div> </td> <td>  </td> <td>  </td> <td align="right">5,082</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Current liabilities</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(8,685</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Non-current liabilities</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(13,947</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Total purchase price</div> </td> <td>  </td> <td>  </td> <td align="right">97,945</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Less: cash acquired</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(24</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Purchase price, net of cash acquired</div> </td> <td>  </td> <td align="left">$</td> <td align="right">97,921</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Acquired intangible assets included a customer list valued at $15.0 million with a useful life of 1.3 years, internal-use software valued at $12.6 million with a weighted-average useful life of 4.7 years, and trade names valued at $8.9 million with a useful life of 10 years. The software and the trade name are being amortized using the straight-line method, while the customer list is being amortized using an accelerated method. Further information regarding the calculation of the estimated fair values of these assets can be found in Note 5.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     During March 2010, we purchased the assets of Cornerstone Customer Solutions, LLC (CCS) in a cash transaction for $0.7 million. CCS is a full-service, marketing solutions provider specializing in the development and execution of analytics-driven direct marketing programs. The results of operations of this business from its acquisition date are included in our Financial Services segment. The allocation of the purchase price based upon the fair values of the assets acquired and liabilities assumed resulted in tax deductible goodwill of $0.9 million. We believe this acquisition resulted in the recognition of goodwill as we are offering these strategic and tactical marketing solutions to our financial institution clients. Transaction costs related to this acquisition were expensed as incurred and were not significant to our consolidated statement of income for the six months ended June 30, 2010.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Net loss from discontinued operations for the six months ended June 30, 2010 represents an additional loss on the disposal of a previously divested business.</div> </div> </div></div></div> </div> 12460000 9803000 -15456000 -10689000 -5671000 -3029000 2969000 2131000 23737000 21066000 115000 292000 1908000 2151000 <div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 3: Supplemental balance sheet information</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>Inventories and supplies</i> — Inventories and supplies were comprised of the following:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="76%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>June 30,</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>December 31,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="9">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Raw materials</div> </td> <td>  </td> <td align="left">$</td> <td align="right">4,526</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,048</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Semi-finished goods</div> </td> <td>  </td> <td>  </td> <td align="right">8,344</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">8,750</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Finished goods</div> </td> <td>  </td> <td>  </td> <td align="right">5,078</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,602</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Total inventories</div> </td> <td>  </td> <td>  </td> <td align="right">17,948</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">18,400</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Supplies, primarily production</div> </td> <td>  </td> <td>  </td> <td align="right">3,383</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">3,722</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Inventories and supplies</div> </td> <td>  </td> <td align="left">$</td> <td align="right">21,331</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">22,122</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <p dir="ltr" style="font-size: 10pt; margin-right: 0px;" align="left"><i>    Marketable securities —</i> Available-for-sale marketable securities included within funds held for customers and other current assets were comprised of the following:</p> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="14" nowrap="nowrap"><b>June 30, 2010</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Gross unrealized</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Gross unrealized</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>Cost</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>gains</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>losses</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Corporate investments:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Money market securities</div> </td> <td>  </td> <td align="left">$</td> <td align="right">1,895</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1,895</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Funds held for customers:<sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Money market securities</div> </td> <td>  </td> <td>  </td> <td align="right">4,738</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">4,738</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Canadian and provincial government securities</div> </td> <td>  </td> <td>  </td> <td align="right">4,761</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(3</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">4,758</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Marketable securities — funds held for customers</div> </td> <td>  </td> <td>  </td> <td align="right">9,499</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(3</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">9,496</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 60px; text-indent: -15px;">Total marketable securities</div> </td> <td>  </td> <td align="left">$</td> <td align="right">11,394</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">(3</td> <td>)</td> <td>  </td> <td align="left">$</td> <td align="right">11,391</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="font-family: 'Times New Roman',Times,serif;" align="left"> <div style="border-top: #000000 1px solid; margin-top: 16pt; font-size: 3pt; width: 18%;"></div> </div> <div style="font-family: 'Times New Roman',Times,serif;"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></td> <td>  </td> <td>Funds held for customers, as reported on the consolidated balance sheet as of June 30, 2010, also included cash and cash equivalents of $30,496.</td> </tr> </table> </div> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="14" nowrap="nowrap"><b>December 31, 2009</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Gross unrealized</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Gross unrealized</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>Cost</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>gains</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>losses</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Corporate investments:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Money market securities</div> </td> <td>  </td> <td align="left">$</td> <td align="right">3,667</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">3,667</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Funds held for customers:<sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Money market securities</div> </td> <td>  </td> <td>  </td> <td align="right">9,522</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">9,522</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Total marketable securities</div> </td> <td>  </td> <td align="left">$</td> <td align="right">13,189</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">13,189</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="font-family: 'Times New Roman',Times,serif;" align="left"> <div style="border-top: #000000 1px solid; margin-top: 16pt; font-size: 3pt; width: 18%;"></div> </div> <div style="font-family: 'Times New Roman',Times,serif;"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></td> <td>  </td> <td>Funds held for customers, as reported on the consolidated balance sheet as of December 31, 2009, also included cash and cash equivalents of $17,379.</td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     Expected maturities of available-for-sale securities as of June 30, 2010 were as follows:</div> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="88%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="5">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Due in one year or less</div> </td> <td>  </td> <td align="left">$</td> <td align="right">7,656</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Due in one to three years</div> </td> <td>  </td> <td>  </td> <td align="right">1,198</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Due in three to five years</div> </td> <td>  </td> <td>  </td> <td align="right">342</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Due after five years</div> </td> <td>  </td> <td>  </td> <td align="right">2,195</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Total marketable securities</div> </td> <td>  </td> <td align="left">$</td> <td align="right">11,391</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     Further information regarding the fair value of marketable securities can be found in Note 5: Fair value measurements.</div> <p style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left"><i>     Intangibles</i> — Intangibles were comprised of the following:</p> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="28%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="10" nowrap="nowrap"><b>June 30, 2010</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="10" nowrap="nowrap"><b>December 31, 2009</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Gross carrying</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Accumulated</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Accumulated</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>amount</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>amortization</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Net carrying amount</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Gross carrying amount</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>amortization</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Net carrying amount</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="25">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Indefinite-lived:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Trade name</div> </td> <td>  </td> <td align="left">$</td> <td align="right">19,100</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">19,100</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">19,100</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">19,100</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;" align="left">Amortizable intangibles:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Internal-use software</div> </td> <td>  </td> <td>  </td> <td align="right">367,146</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(299,478</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">67,668</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">341,822</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(285,181</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">56,641</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Customer lists/ relationships</div> </td> <td>  </td> <td>  </td> <td align="right">71,469</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(33,291</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">38,178</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">55,745</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(25,777</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">29,968</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Trade names</div> </td> <td>  </td> <td>  </td> <td align="right">59,361</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(20,268</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">39,093</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">51,861</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(20,375</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">31,486</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Distributor contracts</div> </td> <td>  </td> <td>  </td> <td align="right">30,900</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(25,495</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">5,405</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">30,900</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(24,594</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">6,306</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Other</div> </td> <td>  </td> <td>  </td> <td align="right">8,504</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(6,573</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">1,931</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">8,683</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(6,274</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">2,409</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Amortizable intangibles</div> </td> <td>  </td> <td>  </td> <td align="right">537,380</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(385,105</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">152,275</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">489,011</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(362,201</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">126,810</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 60px; text-indent: -15px;">Intangibles</div> </td> <td>  </td> <td align="left">$</td> <td align="right">556,480</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">(385,105</td> <td>)</td> <td>  </td> <td align="left">$</td> <td align="right">171,375</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">508,111</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">(362,201</td> <td>)</td> <td>  </td> <td align="left">$</td> <td align="right">145,910</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     Total amortization of intangibles was $14.3 million for the quarter ended June 30, 2010 and $11.9 million for the quarter ended June 30, 2009. Amortization of intangibles was $24.7 million for the six months ended June 30, 2010 and $23.1 million for the six months ended June 30, 2009. Based on the intangibles in service as of June 30, 2010, estimated future amortization expense is as follows:</div> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="88%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="5">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Remainder of 2010</div> </td> <td>  </td> <td align="left">$</td> <td align="right">28,438</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">2011</div> </td> <td>  </td> <td>  </td> <td align="right">39,442</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">2012</div> </td> <td>  </td> <td>  </td> <td align="right">20,706</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">2013</div> </td> <td>  </td> <td>  </td> <td align="right">11,433</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">2014</div> </td> <td>  </td> <td>  </td> <td align="right">7,992</td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     <i>Goodwill</i> — Changes in goodwill during the six months ended June 30, 2010 were as follows:</div> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Small</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Business</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Direct</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Financial Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Checks</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Total</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, December 31, 2009:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Goodwill</div> </td> <td>  </td> <td align="left">$</td> <td align="right">596,429</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">82,237</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">678,666</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Accumulated impairment charges</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(20,000</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(20,000</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">576,429</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">82,237</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">658,666</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Acquisition of Custom Direct, Inc. (see Note 7)</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">65,843</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">65,843</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Acquisition of Cornerstone Customer Solutions, LLC (see Note 7)</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">897</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">897</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Currency translation adjustment</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(19</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(19</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, June 30, 2010:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Goodwill</div> </td> <td>  </td> <td>  </td> <td align="right">596,410</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">897</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">148,080</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">745,387</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Accumulated impairment charges</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(20,000</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(20,000</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td align="left">$</td> <td align="right">576,410</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">897</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">148,080</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">725,387</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <p style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     <i>Other non-current assets</i> — Other non-current assets were comprised of the following:</p> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="76%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>June 30,</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>December 31,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="9">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Contract acquisition costs (net of accumulated amortization of $91,673 and $107,971, respectively)</div> </td> <td>  </td> <td align="left">$</td> <td align="right">57,483</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">45,701</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Deferred advertising costs</div> </td> <td>  </td> <td>  </td> <td align="right">14,938</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">14,455</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Other</div> </td> <td>  </td> <td>  </td> <td align="right">23,256</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">21,455</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Other non-current assets</div> </td> <td>  </td> <td align="left">$</td> <td align="right">95,677</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">81,611</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     See Note 15 for discussion of the risks associated with the recoverability of contract acquisition costs. Changes in contract acquisition costs during the first six months of 2010 and 2009 were as follows:</div> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="76%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>Six Months Ended June 30,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="9">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, beginning of year</div> </td> <td>  </td> <td align="left">$</td> <td align="right">45,701</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">37,706</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Additions<sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></div> </td> <td>  </td> <td>  </td> <td align="right">21,728</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">30,556</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Amortization</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(9,803</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(12,460</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Write-off</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(143</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, end of period</div> </td> <td>  </td> <td align="left">$</td> <td align="right">57,483</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">55,802</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="font-family: 'Times New Roman',Times,serif;" align="left"> <div style="border-top: #000000 1px solid; margin-top: 16pt; font-size: 3pt; width: 18%;"></div> </div> <div style="font-family: 'Times New Roman',Times,serif;"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></td> <td>  </td> <td>Contract acquisition costs are accrued upon contract execution. Cash payments made for contract acquisition costs were $10,689 for the six months ended June 30, 2010 and $15,456 for the six months ended June 30, 2009.</td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">    <em>Accrued liabilities</em> — Accrued liabilities were comprised of the following: <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="76%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>June 30,</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>December 31,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="9">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Funds held for customers</div> </td> <td>  </td> <td align="left">$</td> <td align="right">39,880</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">26,901</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Customer rebates</div> </td> <td>  </td> <td>  </td> <td align="right">19,681</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">21,861</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Employee profit sharing and pension</div> </td> <td>  </td> <td>  </td> <td align="right">18,322</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">36,594</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Wages, including vacation</div> </td> <td>  </td> <td>  </td> <td align="right">11,099</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,272</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Contract acquisition costs due within one year</div> </td> <td>  </td> <td>  </td> <td align="right">9,610</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,795</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Deferred revenue</div> </td> <td>  </td> <td>  </td> <td align="right">8,817</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">23,720</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Interest</div> </td> <td>  </td> <td>  </td> <td align="right">5,241</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,227</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Restructuring due within one year (see Note 8)</div> </td> <td>  </td> <td>  </td> <td align="right">3,819</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">11,151</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Other</div> </td> <td>  </td> <td>  </td> <td align="right">20,176</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">22,887</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Accrued liabilities</div> </td> <td>  </td> <td align="left">$</td> <td align="right">136,645</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">156,408</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table>  </div>   </div> <div style="font-family: 'Times New Roman',Times,serif;" align="center">  </div> </div></div></div> </div>

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 2: New accounting pronouncements</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     In January 2010, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2010-06, <i>Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements.</i> This guidance requires new disclosures and clarifies some existing disclosure requirements regarding fair value measurements. The disclosures required under this guidance are included in Note 5, with the exception of disclosures about purchases, sales, issuances and settlements in the rollforward of activity in Level 3 fair value measurements. Those disclosures will be effective for our quarterly report on Form 10-Q for the quarter ending March 31, 2011.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     In February 2010, the FASB issued Accounting Standards Update No. 2010-09, <i>Subsequent Events (Topic 855): Amendments to Certain Recognition and Disclosure Requirements</i>. This guidance removes the requirement to disclose the date through which subsequent events have been evaluated in both issued and revised financial statements for companies that file financial statements with the Securities and Exchange Commission (SEC). This new guidance was effective immediately. We evaluate subsequent events through the date our financial statements are filed with the SEC.</div> </div></div></div> </div>

60640000

65829000

65564000

61478000

156408000

136645000

335415000

336471000

-52818000

-51925000

58071000

61429000

9228000

6188000

4991000

4338000

23116000

24742000

24900000

1211210000

1336909000

159499000

184015000

4527000

15590000

18141000

12789000

15513000

2551000

2724000

-12000

-470000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 12: Other commitments and contingencies</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Information regarding indemnifications, environmental matters, self-insurance and litigation can be found under the caption “Note 14: Other commitments and contingencies” in the Notes to Consolidated Financial Statements appearing in the 2009 Form 10-K. No significant changes in these items occurred during the six months ended June 30, 2010.</div> </div></div></div> </div>

0.50

0.25

0.50

0.25

500000000

51189000

51376000

51189000

51376000

47099000

32577000

67892000

32794000

256223000

126964000

240303000

121940000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 11: Debt</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Total debt outstanding was comprised of the following:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="76%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>June 30,</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>December 31,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="9">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">5.0% senior, unsecured notes due December 15, 2012, net of discount, including cumulative change in fair value of hedged debt: 2010 - $4,389 increase; 2009 - $254 decrease</div> </td> <td>  </td> <td align="left">$</td> <td align="right">284,264</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">279,533</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">5.125% senior, unsecured notes due October 1, 2014, net of discount</div> </td> <td>  </td> <td>  </td> <td align="right">263,249</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">263,220</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">7.375% senior, unsecured notes due June 1, 2015</div> </td> <td>  </td> <td>  </td> <td align="right">200,000</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">200,000</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Long-term portion of debt</div> </td> <td>  </td> <td>  </td> <td align="right">747,513</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">742,753</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Amounts drawn on credit facilities</div> </td> <td>  </td> <td>  </td> <td align="right">99,000</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">26,000</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Total debt</div> </td> <td>  </td> <td align="left">$</td> <td align="right">846,513</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">768,753</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Our senior, unsecured notes include covenants that place restrictions on the issuance of additional debt, the execution of certain sale-leaseback agreements and limitations on certain liens. Discounts from par value are being amortized ratably as increases to interest expense over the term of the related debt.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     In May 2007, we issued $200.0 million of 7.375% senior, unsecured notes maturing on June 1, 2015. The notes were issued via a private placement under Rule 144A of the Securities Act of 1933. These notes were subsequently registered with the SEC via a registration statement which became effective on June 29, 2007. Interest payments are due each June and December. The notes place a limitation on restricted payments, including increases in dividend levels and share repurchases. This limitation does not apply if the notes are upgraded to an investment-grade credit rating. Principal redemptions may be made at our election at any time on or after June 1, 2011 at redemption prices ranging from 100% to 103.688% of the principal amount. In addition, at any time prior to June 1, 2011, we may redeem some or all of the notes at a price equal to 100% of the principal amount plus accrued and unpaid interest and a make-whole premium. If we sell certain of our assets or experience specific types of changes in control, we must offer to purchase the notes at 101% of the principal amount. Proceeds from the offering, net of offering costs, were $196.3 million. These proceeds were subsequently used on October 1, 2007 as part of our repayment of $325.0 million of unsecured notes plus accrued interest. The fair value of the notes issued in May 2007 was $199.1 million as of June 30, 2010, based on quoted prices for identical liabilities when traded as assets. <div style="margin-top: 6pt; font-size: 10pt;" align="left">     In October 2004, we issued $275.0 million of 5.125% senior, unsecured notes maturing on October 1, 2014. The notes were issued via a private placement under Rule 144A of the Securities Act of 1933. These notes were subsequently registered with the SEC via a registration statement which became effective on November 23, 2004. Interest payments are due each April and October. Proceeds from the offering, net of offering costs, were $272.3 million. These proceeds were used to repay commercial paper borrowings used for the acquisition of New England Business Service, Inc. in 2004. During the quarter ended March 31, 2009, we retired $11.5 million of these notes, realizing a pre-tax gain of $4.1 million. As of June 30, 2010, the fair value of the $263.5 million remaining notes outstanding was $252.3 million, based on quoted prices for identical liabilities when traded as assets.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     In December 2002, we issued $300.0 million of 5.0% senior, unsecured notes maturing on December 15, 2012. These notes were issued under our shelf registration statement covering up to $300.0 million in medium-term notes, thereby exhausting that registration statement. Interest payments are due each June and December. Principal redemptions may be made at our election prior to the stated maturity. Proceeds from the offering, net of offering costs, were $295.7 million. These proceeds were used for general corporate purposes, including funding share repurchases, capital asset purchases and working capital. During the quarter ended March 31, 2009, we retired $19.7 million of these notes, realizing a pre-tax gain of $5.7 million. As of June 30, 2010, the fair value of the $280.3 million remaining notes outstanding was $280.6 million, based on quoted prices for identical liabilities when traded as assets. As discussed in Note 4, during September 2009, we entered into interest rate swaps with a notional amount of $210.0 million to hedge a portion of these notes. The fair value of long-term debt disclosed here does not reflect the impact of these fair value hedges. The carrying amount of long-term debt has increased $4.4 million since the inception of the interest rate swaps due to changes in the fair value of the hedged long-term debt.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     As of December 31, 2009, we had a $275.0 million committed line of credit which was scheduled to expire in July 2010. During March 2010, we cancelled this line of credit and executed a new $200.0 million credit facility, which expires in March 2013. Borrowings under the credit facility are collateralized by substantially all of our assets. Our commitment fee ranges from 0.40% to 0.50% based on our leverage ratio. The credit agreement governing the credit facility contains customary covenants regarding limits on levels of subsidiary indebtedness and capital expenditures, liens, investments, acquisitions, certain mergers, certain asset sales outside the ordinary course of business, and change in control as defined in the agreement. The agreement also contains financial covenants regarding our leverage ratio, interest coverage and liquidity.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The daily average amount outstanding under our credit facilities during the six months ended June 30, 2010 was $56.6 million at a weighted-average interest rate of 3.08%. As of June 30, 2010, $99.0 million was outstanding at a weighted-average interest rate of 3.39%. During 2009, the daily average amount outstanding under our line of credit was $69.3 million at a weighted-average interest rate of 0.76%. As of December 31, 2009, $26.0 million was outstanding at a weighted-average interest rate of 0.67%. As of June 30, 2010, amounts were available for borrowing under our credit facility as follows:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="88%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Total</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>available</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="5">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Credit facility commitment</div> </td> <td>  </td> <td align="left">$</td> <td align="right">200,000</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Amounts drawn on credit facility</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(99,000</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Outstanding letters of credit</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(9,313</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Net available for borrowing as of June 30, 2010</div> </td> <td>  </td> <td align="left">$</td> <td align="right">91,687</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Absent certain defined events of default under our debt instruments, and as long as our ratio of earnings before interest, taxes, depreciation and amortization to interest expense is in excess of two to one, our debt covenants do not restrict our ability to pay cash dividends at our current rate.</div> </div> </div></div></div> </div>

3826000

6068000

10841000

10043000

24800000

43908000

11638000

10542000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 4: Derivative financial instruments</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     In September 2009, we entered into interest rate swaps with a notional amount of $210.0 million to hedge against changes in the fair value of a portion of our ten-year bonds due in 2012. We entered into these swaps, which we designated as fair value hedges, to achieve a targeted mix of fixed and variable rate debt, where we receive a fixed rate and pay a variable rate based on the London Interbank Offered Rate (LIBOR). Changes in the fair value of the interest rate swaps and the related long-term debt are included in interest expense in the consolidated statements of income. When the change in the fair value of the interest rate swaps and the hedged debt are not equal (i.e., hedge ineffectiveness), the difference in the changes in fair value affects the reported amount of interest expense in our consolidated statements of income. Hedge ineffectiveness was not significant for the quarter or six months ended June 30, 2010. The fair value of the interest rate swaps was an asset of $4.8 million as of June 30, 2010, which is included in other non-current assets on the consolidated balance sheet. As of December 31, 2009, the fair value of the interest rate swaps was a liability of $0.2 million, which is included in other non-current liabilities on the consolidated balance sheet. See Note 5 for further information regarding the fair value of these instruments.</div> </div></div></div> </div>

0.79

0.54

1.30

0.65

0.79

0.54

1.30

0.65

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 6: Earnings per share</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The following table reflects the calculation of basic and diluted earnings per share from continuing operations. During each period, certain options, as noted below, were excluded from the calculation of diluted earnings per share because their effect would have been antidilutive.</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="6"><b>Quarter Ended</b></td> <td>  </td> <td>  </td> <td align="center" colspan="6"><b>Six Months Ended</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>June 30,</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>June 30,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands, except per share amounts)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Earnings per share — basic:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Income from continuing operations</div> </td> <td>  </td> <td align="left">$</td> <td align="right">33,614</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">27,776</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">67,398</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">40,280</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Income allocated to participating securities</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(173</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(212</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(360</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(312</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Income available to common shareholders</div> </td> <td>  </td> <td align="left">$</td> <td align="right">33,441</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">27,564</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">67,038</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">39,968</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Weighted-average shares outstanding</div> </td> <td>  </td> <td>  </td> <td align="right">51,163</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">50,824</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">51,100</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">50,767</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Earnings per share — basic</div> </td> <td>  </td> <td align="left">$</td> <td align="right">0.65</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">0.54</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1.31</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">0.79</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Earnings per share — diluted:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Income from continuing operations</div> </td> <td>  </td> <td align="left">$</td> <td align="right">33,614</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">27,776</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">67,398</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">40,280</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Income allocated to participating securities</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(173</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(212</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(360</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(312</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Re-measurement of share-based awards classified as liabilities</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(4</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">97</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">51</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(63</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Income available to common shareholders</div> </td> <td>  </td> <td align="left">$</td> <td align="right">33,437</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">27,661</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">67,089</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">39,905</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Weighted-average shares outstanding</div> </td> <td>  </td> <td>  </td> <td align="right">51,163</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">50,824</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">51,100</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">50,767</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Dilutive impact of options and employee stock purchase plan</div> </td> <td>  </td> <td>  </td> <td align="right">222</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">66</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">200</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">39</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Weighted-average shares and potential dilutive shares outstanding</div> </td> <td>  </td> <td>  </td> <td align="right">51,385</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">50,890</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">51,300</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">50,806</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Earnings per share — diluted</div> </td> <td>  </td> <td align="left">$</td> <td align="right">0.65</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">0.54</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1.31</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">0.79</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Antidilutive options excluded from calculation</div> </td> <td>  </td> <td>  </td> <td align="right">2,343</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,315</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,343</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,315</td> </tr> </table> </div> </div></div></div> </div>

500000

-174000

8000

471000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 5: Fair value measurements</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>2010 acquisition —</i> During April 2010, we purchased the stock of Custom Direct, Inc. (see Note 7). With the exception of goodwill and deferred income taxes, we were required to measure the fair value of the net identifiable tangible and intangible assets and liabilities acquired. The identifiable net assets acquired (excluding goodwill) were comprised primarily of a customer list, internal-use software and trade names. The fair value of the customer list was estimated using the multi-period excess earnings method. Assumptions used in this calculation included a same-customer revenue growth rate and an estimated annual customer retention rate. The customer retention rate was based on estimated re-order rates, as well as management’s estimates of the costs to obtain and retain customers. The calculated fair value of the customer list was $15.0 million, which is being amortized over 1.3 years using an accelerated method. The fair value of the internal-use software was estimated using a cost of reproduction method. The primary components of the software were identified and the estimated cost to reproduce the software was calculated based on estimated time and labor rates derived from our historical data from previous upgrades of similar size and nature. The calculated fair value of the internal-use software was $12.6 million, which is being amortized on the straight-line basis over a weighted average useful life of 4.7 years. The fair value of the trade names was estimated using a relief from royalty method, which calculates the cost savings associated with owning rather than licensing the trade names. An assumed royalty rate was applied to forecasted revenue and the resulting cash flows were discounted. The assumed royalty rate was based on market data and an analysis of the expected margins for Custom Direct’s operations. The calculated fair value of the trade names was $8.9 million, which is being amortized on the straight-line basis over 10 years.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>2009 asset impairment analyses</i> — We evaluate the carrying value of our indefinite-lived trade name and goodwill as of July 31<sup style="font-size: 85%; vertical-align: text-top;">st</sup> of each year and between annual evaluations if events occur or circumstances change that would indicate a possible impairment. During the quarter ended March 31, 2009, we experienced continued declines in our stock price, as well as a continuing negative impact of the economic downturn on our expected operating results. Based on these indicators of potential impairment, we completed impairment analyses of our indefinite-lived trade name and goodwill as of March 31, 2009.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The estimate of fair value of our indefinite-lived trade name is based on a relief from royalty method, which calculates the cost savings associated with owning rather than licensing the trade name. An assumed royalty rate is applied to forecasted revenue and the resulting cash flows are discounted. If the estimated fair value is less than the carrying value of the asset, an impairment loss is recognized. During the quarter ended March 31, 2009, we recorded a non-cash asset impairment charge in our Small Business Services segment of $4.9 million related to our indefinite-lived trade name.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     A two-step approach is used in evaluating goodwill for impairment. First, we compare the fair value of the reporting unit to which the goodwill is assigned to the carrying amount of its net assets. In calculating fair value, we use the income approach. The income approach is a valuation technique under which we estimate future cash flows using the reporting unit’s financial forecast from the perspective of an unrelated market participant. Future estimated cash flows are discounted to their present value to calculate fair value. During the quarter ended March 31, 2009, the carrying value of the net assets of one of our reporting units exceeded the estimated fair value. As such, the second step of the goodwill impairment analysis required that we compare the implied fair value of the goodwill to its carrying amount. In calculating the implied fair value of the goodwill, we measured the fair value of the reporting unit’s assets and liabilities, excluding goodwill. The excess of the fair value of the reporting unit over the amount assigned to its assets and liabilities, excluding goodwill, is the implied fair value of the reporting unit’s goodwill. Significant intangible assets of the reporting unit identified for purposes of this impairment analysis included the indefinite-lived trade name discussed above and a distributor contract intangible asset. The fair value of the distributor contract was measured using the income approach, including adjustments for an estimated distributor retention rate based on historical experience. As a result of our analysis, we recorded a non-cash asset impairment charge during the quarter ended March 31, 2009 in our Small Business Services segment of $20.0 million related to goodwill.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">Information regarding the nonrecurring fair value measurements completed during the quarter ended March 31, 2009 was as follows: <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="40%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="11" nowrap="nowrap"><b>Fair value measurements using</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Quoted prices in active</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Significant other</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Significant</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>as of measurement</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>markets for identical</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>observable inputs</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>unobservable inputs</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>date</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>assets (Level 1)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 2)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 3)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Impairment charge</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="21">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Goodwill<sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></div> </td> <td>  </td> <td align="left">$</td> <td align="right">20,245</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">20,245</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">20,000</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;" align="left">Indefinite lived trade name<sup style="font-size: 85%; vertical-align: text-top;">(2)</sup></div> </td> <td>  </td> <td>  </td> <td align="right">19,100</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">19,100</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">4,900</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;" align="left">Total impairment charges</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">24,900</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div align="left"> <div style="border-top: #000000 1px solid; margin-top: 16pt; font-size: 3pt; width: 18%;"></div> </div> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></td> <td>  </td> <td>Represents the implied fair value of the goodwill assigned to the reporting unit for which we were required to calculate this amount.</td> </tr> <tr style="font-size: 3pt;"> <td>  </td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(2)</sup></td> <td>  </td> <td>Represents the event-driven impairment analysis completed during the quarter ended March 31, 2009. This asset was reassessed during the quarter ended September 30, 2009 as part of our annual impairment analysis, at which time the fair value of the asset was estimated to be $23,500.</td> </tr> </table> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>Recurring fair value measurements —</i> We held, as corporate investments, available-for-sale marketable securities of $1.9 million as of June 30, 2010 and $3.7 million as of December 31, 2009. These investments are included in other current assets on the consolidated balance sheets. The fair value of these assets is determined based on quoted prices in active markets for identical assets. Because of the short-term nature of the underlying investments, the cost of these securities approximates their fair value. The cost of securities sold is determined using the average cost method. No gains or losses on sales of marketable securities were realized during the quarters or six months ended June 30, 2010 and 2009.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Funds held for customers included available-for-sale marketable securities of $9.5 million as of June 30, 2010 and December 31, 2009. The fair value of these assets is determined based on quoted prices in active markets for identical assets. Unrealized gains and losses, net of tax, are included in other comprehensive loss on the consolidated balance sheets. Realized gains and losses are included in revenue on the consolidated statements of income and were not significant for the quarter and six months ended June 30, 2010. The cost of securities sold is determined using the average cost method. Funds held for customers during the quarter and six months ended June 30, 2009 did not include marketable securities.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     We have elected to account for a long-term investment in domestic mutual funds under the fair value option for financial assets and financial liabilities. Realized and unrealized gains and losses, as well as dividends earned by the investment, are included in selling, general and administrative (SG&A) expense in our consolidated statements of income. This investment corresponds to a liability under an officers’ deferred compensation plan which is not available to new participants and is fully funded by the investment in mutual funds. The liability under the plan equals the fair value of the investment in mutual funds. Thus, as the value of the investment changes, the liability changes accordingly. As changes in the liability are reflected within SG&A expense in the consolidated statements of income, the fair value option of accounting for the investment in mutual funds allows us to net changes in the investment and the related liability in the statements of income. The fair value of this investment is included in long-term investments in the consolidated balance sheets. The long-term investment caption on our consolidated balance sheets also includes life insurance policies which are recorded at their cash surrender values. The cost of securities sold is determined using the average cost method. Unrealized gains recognized on the investment in mutual funds were not significant during the quarter and six months ended June 30, 2010. We recognized net unrealized gains of $0.4 million during the quarter ended June 30, 2009 and $0.1 million during the six months ended June 30, 2009. Realized gains and losses recognized during the quarters and six months ended June 30, 2010 and 2009 were not significant.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The fair value of interest rate swaps (see Note 4) is determined at each reporting date by means of a pricing model utilizing readily observable market interest rates. The change in fair value is determined as the change in the present value of estimated future cash flows discounted using the LIBOR rate applicable to the interest rate swaps. During the quarter ended June 30, 2010, we recognized a gain on these derivative instruments of $2.5 million, which was offset by a loss of $2.4 million related to an increase in the fair value of the hedged long-term debt. During the six months ended June 30, 2010, we recognized a gain on these derivative instruments of $5.0 million, which was offset by a loss of $4.6 million related to an increase in the fair value of the hedged long-term debt. These changes in fair value are included in interest expense in the consolidated statements of income for the quarter and six months ended June 30, 2010.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Information regarding recurring fair value measurements completed during each period was as follows: <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="10" nowrap="nowrap"><b>Fair value measurements using</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Quoted prices in</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>active markets for</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Significant other</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Significant</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>as of</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>identical assets</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>observable inputs</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>unobservable inputs</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>June 30, 2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 1)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 2)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 3)</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Marketable securities — funds held for customers</div> </td> <td>  </td> <td align="left">$</td> <td align="right">9,496</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">9,496</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Marketable securities — corporate investments</div> </td> <td>  </td> <td>  </td> <td align="right">1,895</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,895</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Long-term investment in mutual funds</div> </td> <td>  </td> <td>  </td> <td align="right">2,106</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,106</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Derivative assets</div> </td> <td>  </td> <td>  </td> <td align="right">4,817</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">4,817</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> </table> </div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="10" nowrap="nowrap"><b>Fair value measurements using</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Quoted prices in</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>as of</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>active markets for</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Significant other</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Significant</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>December 31,</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>identical assets</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>observable inputs</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>unobservable inputs</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 1)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 2)</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>(Level 3)</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Marketable securities — funds held for customers</div> </td> <td>  </td> <td align="left">$</td> <td align="right">9,522</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">9,522</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Marketable securities — corporate investments</div> </td> <td>  </td> <td>  </td> <td align="right">3,667</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">3,667</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Long-term investment in mutual funds</div> </td> <td>  </td> <td>  </td> <td align="right">2,231</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,231</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Derivative liabilities</div> </td> <td>  </td> <td>  </td> <td align="right">152</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">152</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>Fair value measurements of other financial instruments</i> — The following methods and assumptions were used to estimate the fair value of each class of financial instrument for which it is practicable to estimate fair value.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Cash and cash equivalents, cash and cash equivalents included within funds held for customers, and short-term debt — The carrying amounts reported in the consolidated balance sheets approximate fair value because of the short-term nature of these items.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Long-term debt — The fair value of long-term debt is based on quoted prices for identical liabilities when traded as assets in an active market (Level 1 fair value measurement). The fair value of long-term debt included in the table below does not reflect the impact of hedging activity. The carrying amount of long-term debt includes the change in fair value of hedged long-term debt.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The estimated fair values of these financial instruments were as follows:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="6" nowrap="nowrap"><b>June 30, 2010</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="6" nowrap="nowrap"><b>December 31, 2009</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>Carrying amount</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Carrying amount</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Fair value</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Cash and cash equivalents</div> </td> <td>  </td> <td align="left">$</td> <td align="right">15,513</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">15,513</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">12,789</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">12,789</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Cash and cash equivalents — funds held for customers</div> </td> <td>  </td> <td>  </td> <td align="right">30,496</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">30,496</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">17,379</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">17,379</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Short-term debt</div> </td> <td>  </td> <td>  </td> <td align="right">99,000</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">99,000</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">26,000</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">26,000</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Long-term debt</div> </td> <td>  </td> <td>  </td> <td align="right">747,513</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">731,988</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">742,753</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">719,283</td> </tr> </table> </div> </div> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">  </div> </div></div></div> </div>

362201000

385105000

26901000

39992000

9834000

658666000

725387000

415366000

205105000

442813000

226056000

66617000

41663000

108732000

50668000

40280000

27776000

67398000

33614000

0.79

0.54

1.31

0.65

0.79

0.54

1.31

0.65

-399000

-0.01

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 10: Income tax provision</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Our effective tax rate for the six months ended June 30, 2010 was 38.0%, compared to our 2009 annual effective tax rate of 35.9%. Our 2010 effective tax rate included discrete items which increased our tax rate by 2.1 points, as well as lower tax credits in 2010 for research and development. The discrete items in 2010 consisted primarily of a $3.4 million charge resulting from a reconciliation bill, formerly known as the Health Care and Education Reconciliation Act, which was signed into law in March 2010 and which requires that certain tax deductions after 2012 be reduced by the amount of the Medicare Part D subsidy payments. Prior to this law change, the subsidy was to be disregarded in all future years when computing tax deductions. This resulted in a reduction in the deferred tax asset associated with our postretirement benefit plan.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Our 2009 effective tax rate included the non-deductible portion of the goodwill impairment charge recorded during the quarter ended March 31, 2009 (see Note 5), which increased our effective tax rate 2.9 percentage points. Our 2009 effective tax rate also included favorable adjustments related to receivables for prior year tax returns, which lowered our effective tax rate 2.2 percentage points.</div> </div></div></div> </div>

26337000

13887000

41334000

17054000

3031000

-234000

-7203000

-3043000

-1065000

36000

-31763000

-50268000

-4161000

-939000

145910000

171375000

24047000

11627000

22043000

11508000

22122000

21331000

1211210000

1336909000

243048000

301474000

39200000

36728000

-54928000

46112000

-28399000

-113753000

85860000

70539000

40280000

27776000

66999000

33614000

565000

207000

-1400000

-1044000

80265000

53083000

132175000

63220000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 1: Consolidated financial statements</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The consolidated balance sheet as of June 30, 2010, the consolidated statements of income for the quarters and six months ended June 30, 2010 and 2009 and the consolidated statements of cash flows for the six months ended June 30, 2010 and 2009 are unaudited. The consolidated balance sheet as of December 31, 2009 was derived from audited consolidated financial statements, but does not include all disclosures required by generally accepted accounting principles (GAAP) in the United States of America. In the opinion of management, all adjustments necessary for a fair statement of the consolidated financial statements are included. Adjustments consist only of normal recurring items, except for any discussed in the notes below. Interim results are not necessarily indicative of results for a full year. The consolidated financial statements and notes are presented in accordance with instructions for Form 10-Q, and do not contain certain information included in our annual consolidated financial statements and notes. The consolidated financial statements and notes appearing in this report should be read in conjunction with the consolidated audited financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2009 (the “2009 Form 10-K”).</div> </div></div></div> </div>

21282000

35658000

81611000

95677000

83399000

81063000

3023000

1748000

1319000

2324000

25621000

25696000

98621000

1639000

70000

<div> <div><div><div style="font-size: 10pt; font-family: 'Times New Roman', serif;"> <div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 9: Pension and other postretirement benefits</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     We have historically provided certain health care benefits for a large number of retired employees. In addition to our retiree health care plan, we also have a supplemental executive retirement plan in the United States. We previously had a pension plan that covered certain Canadian employees which was settled during the quarter ended March 31, 2009. Further information regarding our postretirement benefit plans can be found under the caption “Note 12: Pension and other postretirement benefits” in the Notes to Consolidated Financial Statements appearing in the 2009 Form 10-K. See Note 15 for discussion of the risks associated with the plan assets of our postretirement benefit plan.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Pension and postretirement benefit expense for the quarters ended June 30, 2010 and 2009 consisted of the following components:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="6"><b>Postretirement benefit</b></td> <td>  </td> <td>  </td> <td align="center" colspan="6">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>plan</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>Pension plan</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Interest cost</div> </td> <td>  </td> <td align="left">$</td> <td align="right">1,820</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,140</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">45</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">51</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Expected return on plan assets</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(1,806</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,480</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Amortization of prior service credit</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(936</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(954</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Amortization of net actuarial losses</div> </td> <td>  </td> <td>  </td> <td align="right">1,352</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,096</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(1</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Total periodic benefit expense</div> </td> <td>  </td> <td align="left">$</td> <td align="right">430</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1,802</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">45</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">50</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> </div> <p>    Pension and postretirement benefit expense for the six months ended June 30, 2010 and 2009 consisted of the following components:</p> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%"></td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="6"><b>Postretirement benefit</b></td> <td>  </td> <td>  </td> <td align="center" colspan="6">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>plan</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>Pension plans</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Interest cost</div> </td> <td>  </td> <td align="left">$</td> <td align="right">3,641</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,184</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">90</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">161</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Expected return on plan assets</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(3,613</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(2,940</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(58</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Amortization of prior service credit</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(1,871</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,944</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Amortization of net actuarial losses</div> </td> <td>  </td> <td>  </td> <td align="right">2,703</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,606</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">11</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Total periodic benefit expense</div> </td> <td>  </td> <td>  </td> <td align="right">860</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">4,906</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">90</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">114</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Settlement loss</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">402</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Net periodic benefit expense</div> </td> <td>  </td> <td align="left">$</td> <td align="right">860</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,906</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">90</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">516</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div>  <p>  </p> </div></div></div> </div>

1042000

1600000

5782000

-2743000

73000000

1970000

121797000

119200000

22134000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 8: Restructuring charges</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Net restructuring charges for each period consisted of the following components:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="52%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="6"><b>Quarter Ended</b></td> <td>  </td> <td>  </td> <td align="center" colspan="6"><b>Six Months Ended</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>June 30,</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>June 30,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="17">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Severance accruals</div> </td> <td>  </td> <td align="left">$</td> <td align="right">2,526</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">824</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">3,207</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">977</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Severance reversals</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(732</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(967</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,552</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,596</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Operating lease obligations</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">415</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">865</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Operating lease reversals</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(308</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(308</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Net restructuring accruals (reversals)</div> </td> <td>  </td> <td>  </td> <td align="right">1,486</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(143</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">1,762</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">246</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Other costs</div> </td> <td>  </td> <td>  </td> <td align="right">607</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,213</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">709</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,154</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Net restructuring charges</div> </td> <td>  </td> <td align="left">$</td> <td align="right">2,093</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1,070</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,471</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,400</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>2010 restructuring charges —</i> During the quarter and six months ended June 30, 2010, the net restructuring accruals included severance charges related to employee reductions primarily resulting from the acquisition of Custom Direct in April 2010 (see Note 7), as well as employee reductions in various functional areas as we continue our cost reduction initiatives. The restructuring accruals included severance benefits for 43 employees for the quarter ended June 30, 2010 and severance benefits for 73 employees for the six months ended June 30, 2010. These charges were reduced by the reversal of restructuring accruals as fewer employees received severance benefits than originally estimated. Other restructuring costs, which were expensed as incurred, included items such as equipment moves, training and travel related to our restructuring activities. The net restructuring charges were reflected as net restructuring reversals of $0.1 million within cost of goods sold and net restructuring charges of $2.2 million within operating expenses in the consolidated statement of income for the quarter ended June 30, 2010. For the six months ended June 30, 2010, the net restructuring charges were reflected as net restructuring charges of $0.6 million within cost of goods sold and net restructuring charges of $1.9 million within operating expenses in the consolidated statement of income. <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     <i>2009 restructuring charges</i> — During the quarter and six months ended June 30, 2009, the net restructuring accruals included severance charges related to employee reductions in various functional areas as we continued our cost reduction initiatives. Net restructuring accruals for the six months ended June 30, 2009 also included operating lease obligations on two manufacturing facilities which were closed during 2009. The restructuring accruals included severance benefits for 70 employees for the quarter ended June 30, 2009 and severance benefits for 81 employees for the six months ended June 30, 2009. These charges were reduced by the reversal of restructuring accruals recorded in 2008 and 2007 as fewer employees received severance benefits than originally estimated. Other restructuring costs, which were expensed as incurred, included items such as equipment moves, training and travel related to our restructuring activities. The net restructuring charges were reflected as net restructuring charges of $0.8 million within cost of goods sold and net restructuring charges of $0.3 million within operating expenses in the consolidated statement of income for the quarter ended June 30, 2009. For the six months ended June 30, 2009, the net restructuring charges were reflected as net restructuring charges of $2.3 million within cost of goods sold and net restructuring charges of $0.1 million within operating expenses in the consolidated statement of income.</div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     Restructuring accruals of $4.0 million as of June 30, 2010 are reflected in the consolidated balance sheet as accrued liabilities of $3.8 million and other non-current liabilities of $0.2 million. Restructuring accruals of $11.5 million as of December 31, 2009 are reflected in the consolidated balance sheet as accrued liabilities of $11.2 million and other non-current liabilities of $0.3 million. The majority of the employee reductions are expected to be completed in 2010. We expect most of the related severance payments to be fully paid by mid-2011, utilizing cash from operations. The remaining payments due under operating lease obligations will be paid through May 2013. As of June 30, 2010, 92 employees had not yet started to receive severance benefits. Further information regarding our restructuring accruals can be found under the caption “Note 8: Restructuring charges” in the Notes to Consolidated Financial Statements appearing in the 2009 Form 10-K.</div> <div style="margin-top: 6pt; font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left">     As of June 30, 2010, our restructuring accruals, by company initiative, were as follows:</div> <div style="font-family: 'Times New Roman',Times,serif;" align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="40%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2007</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2008</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>initiatives</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>initiatives</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>initiatives</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>initiatives</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Total</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="21">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, December 31, 2009</div> </td> <td>  </td> <td align="left">$</td> <td align="right">64</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,175</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">9,253</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">11,492</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring charges</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">516</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">84</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">3,022</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">3,622</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring reversals</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(762</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(962</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(136</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,860</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Payments, primarily severance</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(1,195</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(5,987</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(2,042</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(9,224</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, June 30, 2010</div> </td> <td>  </td> <td align="left">$</td> <td align="right">64</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">734</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,388</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">844</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,030</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Cumulative amounts:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring charges</div> </td> <td>  </td> <td align="left">$</td> <td align="right">7,181</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">27,536</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">11,000</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">3,022</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">48,739</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring reversals</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(1,439</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(5,647</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,110</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(136</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(8,332</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Payments, primarily severance</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(5,678</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(21,155</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(7,502</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(2,042</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(36,377</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Balance, June 30, 2010</div> </td> <td>  </td> <td align="left">$</td> <td align="right">64</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">734</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,388</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">844</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,030</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <p style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left"> As of June 30, 2010, the components of our restructuring accruals, by segment, were as follows:</p> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="28%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Operating</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>lease</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="14" nowrap="nowrap"><b>Employee severance benefits</b></td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="2" nowrap="nowrap"><b>obligations</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Small</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Small</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Business</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Financial</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Direct</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Business</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Checks</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Corporate</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Total</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="25">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, December 31, 2009</div> </td> <td>  </td> <td align="left">$</td> <td align="right">4,745</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1,053</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">116</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,781</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">797</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">11,492</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring charges</div> </td> <td>  </td> <td>  </td> <td align="right">346</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">64</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,080</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">717</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">415</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">3,622</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring reversals</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(591</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(131</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(116</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(714</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(308</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,860</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Payments</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(3,603</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(815</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,891</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(2,527</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(388</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(9,224</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, June 30, 2010</div> </td> <td>  </td> <td align="left">$</td> <td align="right">897</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">171</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">189</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,257</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">516</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,030</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td align="left" colspan="25">Cumulative amounts for current initiatives<sup style="font-size: 85%; vertical-align: text-top;">(1)</sup> :</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring charges</div> </td> <td>  </td> <td align="left">$</td> <td align="right">15,210</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">5,755</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,555</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">23,418</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">1,801</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">48,739</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Restructuring reversals</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(1,966</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,244</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(125</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(4,676</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(321</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(8,332</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Inter-segment transfer</div> </td> <td>  </td> <td>  </td> <td align="right">1,552</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">739</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">61</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(2,352</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Payments</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(13,899</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(5,079</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(2,302</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(14,133</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(964</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(36,377</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Balance, June 30, 2010</div> </td> <td>  </td> <td align="left">$</td> <td align="right">897</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">171</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">189</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">2,257</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">516</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">4,030</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div align="left"> <div style="border-top: #000000 1px solid; margin-top: 16pt; font-size: 3pt; width: 18%;"></div> </div> <p style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;" align="left"></p> <table style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></td> <td>  </td> <td>Includes accruals related to our cost reduction initiatives for 2007 through 2010.</td> </tr> </table> </div> </div></div></div> </div>

60768000

102071000

671589000

332069000

683116000

347996000

<div> <div><div><div> <div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 14: Business segment information</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     We operate three reportable business segments: Small Business Services, Financial Services and Direct Checks. Small Business Services sells personalized printed products, which include business checks, printed forms, promotional products, marketing materials and related services, as well as retail packaging supplies and a suite of business services, including web design and hosting, fraud protection, payroll, logo design, search engine marketing and business networking, to small businesses. These products and services are sold through direct response marketing, referrals from financial institutions and telecommunications companies, independent distributors and dealers, the internet and sales representatives. Financial Services’ products and services for financial instituations include comprehensive check programs for both personal and business checks, fraud prevention and monitoring services, customer acquisition campaigns, marketing communications, and services intended to enhance the financial institution customer experience, such as customer loyalty programs. These products and services are sold through multiple channels, including a direct sales force. Direct Checks sells personal and business checks and related products and services directly to consumers through direct response marketing and the internet. All three segments operate primarily in the United States. Small Business Services also has operations in Canada and Europe.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The accounting policies of the segments are the same as those described in the Notes to Consolidated Financial Statements included in the 2009 Form 10-K. We allocate corporate costs for our shared services functions to our business segments, including costs of our executive management, human resources, supply chain, finance, information technology and legal functions. Generally, where costs incurred are directly attributable to a business segment, primarily within the areas of information technology, supply chain and finance, those costs are reported in that segment’s results. Because we use a shared services approach for many of our functions, certain costs are not directly attributable to a business segment. These costs are allocated to our business segments based on segment revenue, as revenue is a measure of the relative size and magnitude of each segment and indicates the level of corporate shared services consumed by each segment. Corporate assets are not allocated to the segments and consist of property, plant and equipment, internal-use software, inventories and supplies related to our corporate shared services functions of manufacturing, information technology and real estate, as well as long-term investments and deferred income taxes.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     We are an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations and the sharing of assets. Therefore, we do not represent that these segments, if operated independently, would report the operating income and other financial information shown. </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The following is our segment information as of and for the quarters ended June 30, 2010 and 2009: <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="28%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="10" nowrap="nowrap"><b>Reportable Business Segments</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Small</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Business</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Financial</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Direct</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Checks</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Corporate</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Consolidated</b></td> <td>  </td> </tr>  <tr style="font-size: 1px; background: #cceeff;"> <td style="border-top: #000000 1px solid;" align="left" colspan="25">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Revenue from external customers:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">193,165</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">98,248</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">56,583</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">347,996</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">191,938</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">100,472</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">39,659</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">332,069</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Operating income:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">30,476</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">20,032</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">12,712</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">63,220</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">20,589</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">19,288</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">13,206</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">53,083</td> <td>  </td> </tr> <tr style="background: #cceeff; padding-top: 0em;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Depreciation and</div> <div style="margin-left: 15px; text-indent: -15px;"> amortization expense:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">11,693</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">3,068</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,076</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">19,837</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">14,155</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,685</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,061</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">17,901</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Total assets:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">778,017</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">68,335</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">185,380</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">305,177</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,336,909</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">750,858</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">65,891</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">96,015</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">290,132</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,202,896</td> <td>  </td> </tr> <tr style="background: #cceeff; padding-top: 0em;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Capital asset purchases:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">11,267</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">11,267</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">13,779</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">13,779</td> <td>  </td> </tr> </table> </div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The following is our segment information as of and for the six months ended June 30, 2010 and 2009:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="28%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="10" nowrap="nowrap"><b>Reportable Business Segments</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Small</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Business</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Financial</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Direct</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Services</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Checks</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Corporate</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Consolidated</b></td> <td>  </td> </tr>  <tr style="font-size: 1px; background: #cceeff;"> <td style="border-top: #000000 1px solid;" align="left" colspan="25">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Revenue from external customers:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">385,491</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">199,693</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">97,932</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">683,116</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">385,220</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">202,475</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">83,894</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">671,589</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Operating income:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">59,545</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">44,021</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">28,609</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">132,175</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">13,961</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">38,849</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">27,455</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">80,265</td> <td>  </td> </tr> <tr style="background: #cceeff; padding-top: 0em;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;" align="left">Depreciation and</div> <div style="margin-left: 15px; text-indent: -15px;" align="left"> amortization expense:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">23,131</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,969</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">6,184</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">35,284</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">27,502</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,195</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,057</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">34,754</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Asset impairment charges:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">24,900</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">24,900</td> <td>  </td> </tr> <tr style="background: #cceeff; padding-top: 0em;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Total assets:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">778,017</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">68,335</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">185,380</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">305,177</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,336,909</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">750,858</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">65,891</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">96,015</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">290,132</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,202,896</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Capital asset purchases:</div> </td> <td>  </td> <td>  </td> <td align="right">2010</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">21,066</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">21,066</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td>  </td> <td align="right">2009</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">23,737</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">23,737</td> <td>  </td> </tr> </table> </div> </div> </div> <p>  </p> </div></div></div> </div>

310086000

151730000

308730000

160685000

742753000

747513000

3464000

3084000

26000000

99000000

117210000

162951000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 13: Shareholders’ equity</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     We have an outstanding authorization from our board of directors to purchase up to 10 million shares of our common stock. This authorization has no expiration date, and 6.4 million shares remain available for purchase under this authorization as of June 30, 2010. We did not repurchase any shares during the six months ended June 30, 2010. The terms of our $200.0 million notes maturing in 2015 place a limitation on restricted payments, including increases in dividend levels and share repurchases. The terms of our $200.0 million credit facility also limit our ability to increase dividends or repurchase shares above certain levels.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Changes in shareholders’ equity during the six months ended June 30, 2010 were as follows:</div> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="28%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 0px solid;" align="center" colspan="6" nowrap="nowrap"><b>  </b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Accumulated</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2">  </td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td style="border-bottom: #000000 1px solid;" align="center" colspan="6" nowrap="nowrap"><b>Common shares</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Additional</b></td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>other</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Total</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Number</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Par</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>paid-in</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>Retained</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>comprehensive</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>shareholders’</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>of shares</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>value</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>capital</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>earnings</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>loss</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>equity</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="25">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, December 31, 2009</div> </td> <td>  </td> <td>  </td> <td align="right">51,189</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">51,189</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">58,071</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">60,768</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">(52,818</td> <td>)</td> <td>  </td> <td align="left">$</td> <td align="right">117,210</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Net income</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">66,999</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">66,999</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Cash dividends</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(25,696</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(25,696</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Common shares issued</div> </td> <td>  </td> <td>  </td> <td align="right">239</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">239</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,089</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,328</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;" align="left">Tax impact of share-</div> <div style="margin-left: 30px; text-indent: -15px;" align="left">based awards</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(819</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(819</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Common shares retired</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(53</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(53</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(846</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(899</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Fair value of share-based</div> <div style="margin-left: 30px; text-indent: -15px;">compensation</div> </td> <td>  </td> <td>  </td> <td align="right">1</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,934</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">2,935</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Amortization of</div> <div style="margin-left: 30px; text-indent: -15px;">postretirement prior</div> <div style="margin-left: 30px; text-indent: -15px;">service credit, net of tax</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(1,161</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(1,161</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Amortization of</div> <div style="margin-left: 30px; text-indent: -15px;">postretirement</div> <div style="margin-left: 30px; text-indent: -15px;">net actuarial losses, net</div> <div style="margin-left: 30px; text-indent: -15px;">of tax</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,677</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">1,677</td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Amortization of loss on</div> <div style="margin-left: 30px; text-indent: -15px;">derivatives, net of tax<sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">660</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">660</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Net unrealized loss on</div> <div style="margin-left: 30px; text-indent: -15px;">marketable securities, net</div> <div style="margin-left: 30px; text-indent: -15px;">of tax</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(4</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(4</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Currency translation</div> <div style="margin-left: 30px; text-indent: -15px;">adjustment</div> </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> <td>  </td> <td align="left">  </td> <td align="right">(279</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(279</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right">  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Balance, June 30, 2010</div> </td> <td>  </td> <td>  </td> <td align="right">51,376</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">51,376</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">61,429</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">102,071</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">(51,925</td> <td>)</td> <td>  </td> <td align="left">$</td> <td align="right">162,951</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right">  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> <div align="left"> <div style="border-top: #000000 1px solid; margin-top: 16pt; font-size: 3pt; width: 18%;"></div> </div> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="3%"></td> <td width="1%"></td> <td width="96"></td> </tr> <tr valign="top"> <td align="left"><sup style="font-size: 85%; vertical-align: text-top;">(1)</sup></td> <td>  </td> <td> <p>Relates to interest rate locks executed in 2004 and 2002. See the caption “Note 6: Derivative financial instruments” in the Notes to Consolidated Financial Statements appearing in the 2009 Form 10-K.</p> <p>Accumulated other comprehensive loss was comprised of the following:</p> <div align="center"> <table style="font-size: 10pt;" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr valign="bottom"> <td width="76%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> <td width="5%">  </td> <td width="1%">  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>June 30,</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>December 31,</b></td> <td>  </td> </tr> <tr style="font-size: 8pt;" valign="bottom"> <td align="left">(in thousands)</td> <td>  </td> <td align="center" colspan="2"><b>2010</b></td> <td>  </td> <td>  </td> <td align="center" colspan="2"><b>2009</b></td> <td>  </td> </tr>  <tr style="font-size: 1px;"> <td style="border-top: #000000 1px solid;" align="left" colspan="9">  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Postretirement and defined benefit pension plans:</div> </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Unrealized prior service credit</div> </td> <td>  </td> <td align="left">$</td> <td align="right">16,817</td> <td>  </td> <td>  </td> <td align="left">$</td> <td align="right">17,978</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Unrealized net actuarial losses</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(68,651</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(70,328</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 45px; text-indent: -15px;">Postretirement and defined benefit pension plans, net of tax</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(51,834</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(52,350</td> <td>)</td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Loss on derivatives, net of tax</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(5,181</td> <td>)</td> <td>  </td> <td align="left">  </td> <td align="right">(5,841</td> <td>)</td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Unrealized loss on marketable securities, net of tax</div> </td> <td>  </td> <td align="left">  </td> <td align="right">(4</td> <td>)</td> <td>  </td> <td>  </td> <td align="right">—</td> <td>  </td> </tr> <tr style="background: #cceeff;" valign="bottom"> <td> <div style="margin-left: 15px; text-indent: -15px;">Currency translation adjustment</div> </td> <td>  </td> <td>  </td> <td align="right">5,094</td> <td>  </td> <td>  </td> <td>  </td> <td align="right">5,373</td> <td>  </td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 1px solid;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> <tr valign="bottom"> <td> <div style="margin-left: 30px; text-indent: -15px;">Accumulated other comprehensive loss</div> </td> <td>  </td> <td align="left">$</td> <td align="right">(51,925</td> <td>)</td> <td>  </td> <td align="left">$</td> <td align="right">(52,818</td> <td>)</td> </tr> <tr style="font-size: 1px;"> <td> <div style="margin-left: 15px; text-indent: -15px;">  </div> </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> <td>  </td> <td style="border-top: #000000 3px double;" align="right" colspan="2" nowrap="nowrap">  </td> <td>  </td> </tr> </table> </div> </td> </tr> </table> </div></div></div> </div>

2231000

2106000

<div> <div><div><div> <div style="margin-top: 12pt; font-size: 10pt;" align="left"><b>Note 15: Market risks</b></div>  <div style="margin-top: 6pt; font-size: 10pt;" align="left">     Due to the downturn in the U.S. economy, including the liquidity crisis in the credit markets, as well as failures and consolidations of companies within the financial services industry since 2008, we have identified certain market risks which may affect our future operating performance.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>Economic conditions</i> – As discussed in Note 5, during the quarter ended March 31, 2009, we completed impairment analyses of goodwill and our indefinite-lived trade name due to indicators of potential impairment. We recorded a goodwill impairment charge of $20.0 million in our Small Business Services segment related to one of our reporting units, as well as an impairment charge of $4.9 million in our Small Business Services segment related to an indefinite-lived trade name. The annual impairment analyses completed during the quarter ended September 30, 2009 indicated that the calculated fair values of our reporting units’ net assets exceeded their carrying values by amounts between $18 million and $308 million, or by amounts between 46% and 70% above the carrying values of their net assets. The calculated fair value of our indefinite-lived trade name exceeded its carrying value of $19.1 million by $4.4 million based on the analysis completed during the quarter ended September 30, 2009. Due to the ongoing uncertainty in market conditions, which may continue to negatively impact our expected operating results or share price, we will continue to monitor whether additional impairment analyses are required with respect to the carrying value of goodwill and the indefinite-lived trade name.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left"><em>     Postretirement benefit plan</em> – The fair value of the plan assets of our postretirement benefit plan is subject to various risks, including credit, interest and overall market volatility risks. During 2008, the equity markets experienced a significant decline in value. As such, the fair value of our plan assets decreased significantly during the year, resulting in a $29.9 million increase in the unfunded status of our plan as compared to the end of the previous year. This affected the amounts reported in the consolidated balance sheet as of December 31, 2008 and also contributed to an increase in postretirement benefit expense of $2.4 million in 2009, as compared to 2008. As of December 31, 2009, the fair value of our plan assets had partially recovered, contributing to an $11.8 million improvement in the unfunded status of our plan as compared to December 31, 2008. If the equity and bond markets decline in future periods, the funded status of our plan could again be materially affected. This could result in higher postretirement benefit expense in the future, as well as the need to contribute increased amounts of cash to fund the benefits payable under the plan, although our obligation is limited to funding benefits as they become payable. We did not use plan assets to make benefit payments during the first six months of 2010 or during 2009. Rather, we used cash provided by operating activities to make these payments. <div style="margin-top: 6pt; font-size: 10pt;" align="left">     <i>Financial institution clients</i> – Continued turmoil in the financial services industry, including further bank failures and consolidations, could have a significant impact on our consolidated results of operations if we were to lose a significant contract and/or we were unable to recover the value of an unamortized contract acquisition cost or account receivable. As of June 30, 2010, unamortized contract acquisition costs totalled $57.5 million, while liabilities for contract acquisition costs not paid as of June 30, 2010 were $19.8 million. The inability to recover amounts paid to one or more of our larger financial institution clients could have a significant negative impact on our consolidated results of operations.</div> <div style="margin-top: 6pt; font-size: 10pt;" align="left">     The consolidation of financial institutions may also impact our results of operations. In the past we have acquired new clients as financial institutions that were not our clients consolidated with our clients. When two of our financial institution clients consolidate, the increase in general negotiating leverage possessed by the consolidated entity could result in a new contract which is not as favorable to us as those historically negotiated with the clients individually. However, we may also generate non-recurring conversion revenue when obsolete checks have to be replaced after one financial institution merges with or acquires another. Conversely, we have also lost financial institution clients when they consolidated with financial institutions which were not our clients. If we were to lose a significant amount of business in this manner, it could have a significant negative impact on our consolidated results of operations. In such situations, we have typically collected contract termination payments and we may be able to do so in similar circumstances in the future.</div> </div> </div></div></div> </div>