23 The employees of the Company do have the right to surrender to the Company shares in payment of minimum tax obligations upon the vesting of grants of common stock under the Company’ s equity compensation plans. For the year ended December 31, 2012 , 201 1 , and 2010 , 81,382, 12,600 and 20,367 total shares were surrendered to the Company by employees in payment of minimum tax obligations upon the vesting of nonvested stock under the Company’ s equity compensation plans, and the average price paid per share was $20.73, $39.62 and $28.52 respectively . ITEM 6. SELECTED FINANCIAL DA T A The selected financial information for the years ended December 31, 2012 , 201 1 , and 2010 and as of December 31, 2012 and 201 1 ,was derived from audited consolidated financial statements included in this filing and for the years ended December 31, 2009 and 2008 and as of December 31, 2009 and 2008 was derived from previously audited consolidated financial statements. The following selected financial data should be read in conjunction with “Management’ s Discussion and Analysis of Financial Condition and Results of Operations” and the Consolidated Financial Statements and related notes thereto, especially as the information pertains to 2012 , 201 1 and 2010 activity . Year Ended December 31,   2012 (2) 2011 2010 2009 2008 (in millions, except metal price and share data) Net sales $ 6,014.3 $ 5,866.7 $ 4,864.9 $ 4,385.2 $ 6,230.1 Gross profit 614.2 607.7 545.7 505.8 773.4 Operating income 194.8 230.1 214.1 166.2 392.4 Other income (expense) (2.9 ) (31.7 ) (28.1 ) 7.0 (22.7 ) Interest expense, net (100.3 ) (91.5 ) (71.6 ) (83.0 ) (91.8 ) Loss on extinguishment of debt (9.3 ) — — (7.6 ) — Income before income taxes 82.3 106.9 114.4 82.6 277.9 Income tax provision (74.2 ) (42.7 ) (46.7 ) (35.8 ) (99.2 ) Equity in net earnings of affiliated companies 1.7 2.9 1.4 0.9 4.6 Net income including noncontrolling interest 9.8 67.1 69.1 47.7 183.3 Less: preferred stock dividends 0.3 0.3 0.3 0.3 0.3 Less: Net income attributable to noncontrolling interest 5.8 1.1 7.4 7.9 13.1 Net income attributable to Company common shareholders $ 3.7 $ 65.7 $ 61.4 $ 39.5 $ 169.9 Earnings per common share-basic $ 0.07 $ 1.27 $ 1.18 $ 0.76 $ 3.23 Earnings per common share-assuming dilution $ 0.08 $ 1.23 $ 1.16 $ 0.75 $ 3.19 Weighted average shares outstanding-basic 49.7 51.9 52.1 52.0 52.6 Weighted average shares outstanding-assuming dilution 51.1 53.7 53.1 52.8 53.4 Other Data:           Depreciation and amortization $ 117.1 $ 114.8 $ 105.5 $ 110.8 $ 97.3 Capital expenditures $ 108.8 $ 121.8 $ 116.4 $ 143.6 $ 217.8 Average daily COMEX price per pound of copper cathode $ 3.62 $ 4.01 $ 3.43 $ 2.35 $ 3.13 Average daily price per pound of aluminum rod $ 1.02 $ 1.16 $ 1.05 $ 0.80 $ 1.21   Dec 31, 2012 (2) Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Balance Sheet Data: W orking capital (1) $ 1,257.0 $ 1,320.9 $ 1,354.3 $ 1,354.2 $ 1,199.9 Total assets 4,919.9 4,323.0 4,292.5 3,988.5 3,981.7 Total debt 1,450.1 1,048.9 985.5 922.3 1,254.0 Dividends to common shareholders — — — — — Total equity 1,470.7 1,461.7 1,567.3 1,481.4 1,131.7 (1) W orking capital means current assets less current liabilities. (2) Includes operating results of the acquired businesses, Alcan Cable North America, Procables, Prestolite and Alcan Cable China T able of Contents