text: penalties 
  Total Contractual 
  $ 128,670 $ 29,800 $ 43,800 $ 20,800 $ 32,300 $ 1,970  Cash Obligations 
  in our consolidated balance sheet at June 30, 2012. The 
  
  Company maintains five LIFO pools based on the following 
  Purchase orders for inventory and other goods and services are 
  product groupings: bearings, power transmission products, 
  not included in our estimates as we are unable to aggregate the 
  rubber products, fluid power products and other products. 
  amount of such purchase orders that represent enforceable and 
  LIFO layers and/or liquidations are determined consistently year- 
  legally binding agreements specifying all significant terms. The 
  to-year. See the Inventories note to the consolidated financial 
  previous table includes the gross liability for unrecognized income 
  statements for further information. 
  tax benefits including interest and penalties in the “Other” 
  
  column as the Company is unable to make a reasonable estimate 
  Allowances for Slow-Moving and 
  regarding the timing of cash settlements with the respective 
  Obsolete Inventories 
  taxing authorities. 
  We evaluate the recoverability of our slow-moving or obsolete 
  
  inventories at least quarterly. We estimate the recoverable cost 