enpro ndustries nc npo
ENPRO NDUSTRIES 5605
CARNEGE
NC
NPO
BOULEVARD
SUITE 500
CHARLOTTE 704
731
NC 28209
1524
10K ENPRO NDUSTRES
INC
FUed on 03/08/2007 Perod 12/31/2006 PUb Number 001 31225
EXHBrr
Tabe
Contents
of
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
DC
Washington
20549
FORM 1OK Annua Pursuant
Report
Sections
to
Securities
13
15d
or
of the
Act of 1934
Exchange
Mark One Annual For
the
pursuant
report fiscal
ended
year
Transition
Section
to
December
or
15d
13
or
of the
act of 1934
exchange
securities
312006 to
pursuant
report
13
section
Commission
15d
of the
Number
File
securities
1934
act of
exchange
00131225
ENPRO INDUSTRIES INC name
Exact North State
5605 Carnegie
or other
in
specified
its
charar
Suite
010573945
of incorporation
500
I.R.S
North
Charlotte
of principal executive
Address
as
Carolina
jurisdiction
Boulevard
of registrant
Carolina
no
identification
employer
28209
offices
Zip code
704 7311500 Registrants Securities
number
telephone
pursuant
registered
including
area
12b
Section
to
code
of the
Act Name
of each
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Indicate
by
Common
stock
$0.01
Preferred
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New New
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Yes Indicate
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Yes No Ft common stock of the registrant held by nonaffiliates of the registrant 21333049 shares of common stock of the registrant outstanding DOCUM.ENTS INCORPORATED BY REFERENCE dated March 222007 for the 2007 annual meeting statement of shareholders
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are
TABLE OF CONTENTS
7
15
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44
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52
55
2005
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Table
Contents
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Longtennht 1eac Opcratrng Oti
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SUPPLEMENTAL DATA
ITEM 8. FINANCIAL STATEMENTS
nc4kLittd
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__________ cot
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151
II
V1uatioi
and
nntjed nanda1
Stttn
er
be ENPRO INDUSTRIES, INC.
Date: March
and Secretary
Officer the
Ernest F.
Dries
Senior
Dries
T. Ford*
Director
Director
or
INDEX
3.2
4.2
ci
ci
the
10.2+
Proxy
Tabe Table
of Contents Contents
of
ar
Tabe
of
Contents
1018
10.20
1023
Supplemental
of
audits
te
are
bek
presented
ltninertsIe on
our niko
te
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pi
non
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the
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206
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state
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200
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opinions our
ntl
312006
material respects
tORCrtdI iesponsible
font
Oeeernber
manegernertis control over faint cml
internal
stand
rds
nable
assu
cc
of
runt
thL
Pub
once
about
over net is
finaneis ompaiiy ether
prar1hon adt tInley
ii
Ily
dete
o1 fl
1man CC
tiO1l
iI
rdan of
to
acx
t1tCrnC1 with
Lhouiul
iiuthce
rC 1n12
laud
kequiMion
11
ia
Wa
CLpLS
nanagenlent cx
dipi
ud arior
of
aCct
realonahk an
itenal
elf
expCnI
lure
aranee or the
11
Tabe
Contents
of
ANCIAL
PART
FORMATION
ENPRO ThDUSTRIES HC CONSOLIDATED STATEMENTS OF OPERATIONS Years Ended in
December31
millions
except
2006 2005 and 2004 per
share
data 2006
84 Opr4
log
ot
w4s
and
cxpcnt
gj
621
Sdlmg 1cncta1 tnd Asbtos solated
1minitrat
pc
and
Restructuring
garn
ass
196
sas
set
359.4
othir costs
do
no
vpt
at
assets
net
1379.7
Interctt
be
49
10
bet
her
tax
is
oPt
ore
ox
er
tax
10.9
Se
17
Neiinomc Ios3
tasrc
See
earn
notes
to
159
loss
easnmgs
bated
3.6
net
its
in
Income
is
14
9.1
income rrcnme
7789
823
xpense
Interest
Other
2113
income loss
Operaurig
756.4
barr
per
boss
55
65
760
pcr shart
Consolidated
hrnaruab
Statements
54
15
2006
WI
1t1 INC AC
IVI
Net
income toss
Ad
istmcnts
2005
1389
to
act
ci
te
incoi
iss
net
to
ash piovi
ed
by
porntin
586
23
26
73
Ainoruaation
Stock
mc one eves
oss
based
104
of
sale
on
in
Asbestos
ret
assets
end
seis
14
57
compensation
tram
Change
118
aenvitics
Depreciation
Detened
2004
flIt
net
abilities
net
liabilities
ci
of
effect
reccivat
icquisin ins
and
st
lures
aft
usa
cases
Dl
Ics
10
29
Receivables Inventories Aecoimts Other
her non Net
east
ises
Ii
by
irent
Lsset
iahi
ot
liabilities
Cclii
94
tabilities
ai
75
ities
7o
56 22 44 411
AC flIllilS
UsVLSIING Per
waled
pr
and
asset
ci
26
Li
payable
current
piopy
of
rocceds
from
Receipts
train
Aequisit
aria
meet
and
plant
xi as of
asscts
caih
restricted
into
deposIt net of cash
acco
ints
ieqnued
Other
Net
used
cast
INC
-INANC
IC
64
tivitics
insestirga
in
iRS
IS
172.5
Borrowings
Purchase aebt
of
issue
Procert
05
of debt
Repainents
call
options
convert
related
tile
xi
omrni
at
ff7
stack
11
Othet
Net
fleet
Oct
cash
provided
of cxci
inge
inciease
Cast
end
cash
Cash
and
cash
Supplemental
Cash
5j
1b
issuan
paid
rotc
cash
in
by
cd in
and
cash at
beginning
equwalents
at
end
disclosures the
at
11
alert
L3
51 of sear
year
as
equn
109
1ORO
16L0
100
taxes
13
94
1080
infonruition
frr It
Interest
Income
ash ycat
cash
equivalents
equivalents
ddut
and
ass
13
itiel
financing
ci
changes
54
2R7
debentures
costs train
1511
101
92 22
PPR0
NS01 Ar in
IDA
EN lTD
St
Ierember
of
iRloor
INC
fill
RALAN
eacept
rhait
15
siit
2006 and
2005
arneilnir
2006
2005
ASSL FS cts
arrant
hind
r.ash
AuiLs Asbestos
natts
recrivabie
doubtful
aflowanca
ltss
acco
mIs of
in
2006
and
in
205
rranivab1
suranas
Inven
iiiartnutud
aqrthalents
and
ars
Otlior
oiirrent
flal
PropeiI
stls
currc.r
equipme
it
dvilI
her
arsets
intangible
hLsta Retiis.tad
ucomr
iaceisablc
23 416
1663
1477
161
144
70
62
26
388
ANI SHARI
1101
1IRY POt
158
liv
Itabilitirs
Aci.aunt
Other
cxci
red
current
stat
lean
taxes
liabilmer
fatal
of
habit
that
list
ossnd
previous
251 479
ibty
as
21
Retained
squity 2.01
022909 paid ear
ACcumulated
ar
sharer
vahu
at
100000000
Dacem
other
to
31
shams authorved
issued
21211
accumulated eonmrchcnsno
Consolidated
shares
at
December
31 2006 02 411
41
deficit
income
117 12
27
1.5
2005
and
044
02
205
4189
..
liabilities
icr
meaparl
rings
December31
Total
7363
1002.7
slack
Additional
See notes
217
busmcsses
tieS
Irabilitras
amman and
221
habilitres
185
ama
Enviranme
Sharuhokl
741
sos
lain
in
Asbestos
888
liability
acer
Deferred
62
blc
pan
Ashesta
aug
65
22
581
flUS
arrant
101
19
80
Luxas
asrcts
IAflH
114
71
OdSh
1l2iicd
hr
uranre
ii
1095
138
472
assets
an
plant
161
shareholders
Financial
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4O39.
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equity
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56
1.6 .........
5399 1276.2
00
ct
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the tent
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Table
of
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Direct Balance
Credits
December
Balance
to
Environmental
31
2005
Provision
Payments
December
31
2006
Liabilities
.inxnillions
demolition
Facility
01
6dst
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and
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0.9
2.3
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2005
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the
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these
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and
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th
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13
and
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and
during
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2005
of several
These
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14..e..01
manufacturing announced
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the
Balance
Balance December
31
2004
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67
to
866
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10 09
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the year ended December 31 consolidation of facilities
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Company
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the
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and
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$9.4
and
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Rest
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31
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31
2005
Payments ni
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Restructuong
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28
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64
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33
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31
11
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the
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77
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143 Defrrredt ederal
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11
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million
$12.6
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for
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ended
December
31 2006
2005
and
2004
respectively
Tabe 18
of
Contents
Selected
Quarterly
Financial
Data
Unaudited First
Ln
fli
miflitu
re duUL
2000
S22 Gross
Net i6com Basic
78.4
profit
on
earnings
Represents
loss
sales
Quarter
Third
2005
2000
$2125
$2267
69.1
....
.148
1.0.0
per share
0.71
0.49
$069
$0.47
less
2005
Quarter
06
$2194
77.4
$.42 0.20
73.8
...
$211 1.02
71.9
94
16
$1996
$244g
65.9
0.20
Quarter
79.6
2005 $2071 64.1
i73
$473.E
$0.20
cost of sales
Fourth
2015
0.48
.E$O47...E.....$
8.28
0.84
TI
oDol-
i4
uit
Ikrinmug 2006 2005
...
2004 Consists
primarily
of acquisitions
1jje 12
$3.6
$0.7
.2r
..
and
28
the
effect
of changes
..$ in
currency
rates 95
I4erah1t
$4 $1.4 $.0.7
.Atherfl
md
of.car
02
28
$0.1
$2.8
CARNEGE
NC
NPO
BOULEVARD
SUITE 500
CHARLOTTE 704
731
NC 28209
1524
10K ENPRO NDUSTRES
INC
FUed on 03/08/2007 Perod 12/31/2006 PUb Number 001 31225
EXHBrr
Tabe
Contents
of
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
DC
Washington
20549
FORM 1OK Annua Pursuant
Report
Sections
to
Securities
13
15d
or
of the
Act of 1934
Exchange
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00131225
ENPRO INDUSTRIES INC name
Exact North State
5605 Carnegie
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010573945
of incorporation
500
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North
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of principal executive
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Carolina
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28209
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704 7311500 Registrants Securities
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Yes No Ft common stock of the registrant held by nonaffiliates of the registrant 21333049 shares of common stock of the registrant outstanding DOCUM.ENTS INCORPORATED BY REFERENCE dated March 222007 for the 2007 annual meeting statement of shareholders
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Indicate
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are
TABLE OF CONTENTS
7
15
r1
retr
44
45 46
52
55
2005
21106
111
2004
nailhans
543
485
480
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228
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ITEM 8. FINANCIAL STATEMENTS
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151
II
V1uatioi
and
nntjed nanda1
Stttn
er
be ENPRO INDUSTRIES, INC.
Date: March
and Secretary
Officer the
Ernest F.
Dries
Senior
Dries
T. Ford*
Director
Director
or
INDEX
3.2
4.2
ci
ci
the
10.2+
Proxy
Tabe Table
of Contents Contents
of
ar
Tabe
of
Contents
1018
10.20
1023
Supplemental
of
audits
te
are
bek
presented
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the
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206
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11
Tabe
Contents
of
ANCIAL
PART
FORMATION
ENPRO ThDUSTRIES HC CONSOLIDATED STATEMENTS OF OPERATIONS Years Ended in
December31
millions
except
2006 2005 and 2004 per
share
data 2006
84 Opr4
log
ot
w4s
and
cxpcnt
gj
621
Sdlmg 1cncta1 tnd Asbtos solated
1minitrat
pc
and
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garn
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196
sas
set
359.4
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do
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vpt
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assets
net
1379.7
Interctt
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10.9
Se
17
Neiinomc Ios3
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See
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159
loss
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bated
3.6
net
its
in
Income
is
14
9.1
income rrcnme
7789
823
xpense
Interest
Other
2113
income loss
Operaurig
756.4
barr
per
boss
55
65
760
pcr shart
Consolidated
hrnaruab
Statements
54
15
2006
WI
1t1 INC AC
IVI
Net
income toss
Ad
istmcnts
2005
1389
to
act
ci
te
incoi
iss
net
to
ash piovi
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by
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586
23
26
73
Ainoruaation
Stock
mc one eves
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104
of
sale
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Asbestos
ret
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seis
14
57
compensation
tram
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118
aenvitics
Depreciation
Detened
2004
flIt
net
abilities
net
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ci
of
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and
st
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cases
Dl
Ics
10
29
Receivables Inventories Aecoimts Other
her non Net
east
ises
Ii
by
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Lsset
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liabilities
Cclii
94
tabilities
ai
75
ities
7o
56 22 44 411
AC flIllilS
UsVLSIING Per
waled
pr
and
asset
ci
26
Li
payable
current
piopy
of
rocceds
from
Receipts
train
Aequisit
aria
meet
and
plant
xi as of
asscts
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restricted
into
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acco
ints
ieqnued
Other
Net
used
cast
INC
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IC
64
tivitics
insestirga
in
iRS
IS
172.5
Borrowings
Purchase aebt
of
issue
Procert
05
of debt
Repainents
call
options
convert
related
tile
xi
omrni
at
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stack
11
Othet
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Oct
cash
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and
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by
cd in
and
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at
end
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at
11
alert
L3
51 of sear
year
as
equn
109
1ORO
16L0
100
taxes
13
94
1080
infonruition
frr It
Interest
Income
ash ycat
cash
equivalents
equivalents
ddut
and
ass
13
itiel
financing
ci
changes
54
2R7
debentures
costs train
1511
101
92 22
PPR0
NS01 Ar in
IDA
EN lTD
St
Ierember
of
iRloor
INC
fill
RALAN
eacept
rhait
15
siit
2006 and
2005
arneilnir
2006
2005
ASSL FS cts
arrant
hind
r.ash
AuiLs Asbestos
natts
recrivabie
doubtful
aflowanca
ltss
acco
mIs of
in
2006
and
in
205
rranivab1
suranas
Inven
iiiartnutud
aqrthalents
and
ars
Otlior
oiirrent
flal
PropeiI
stls
currc.r
equipme
it
dvilI
her
arsets
intangible
hLsta Retiis.tad
ucomr
iaceisablc
23 416
1663
1477
161
144
70
62
26
388
ANI SHARI
1101
1IRY POt
158
liv
Itabilitirs
Aci.aunt
Other
cxci
red
current
stat
lean
taxes
liabilmer
fatal
of
habit
that
list
ossnd
previous
251 479
ibty
as
21
Retained
squity 2.01
022909 paid ear
ACcumulated
ar
sharer
vahu
at
100000000
Dacem
other
to
31
shams authorved
issued
21211
accumulated eonmrchcnsno
Consolidated
shares
at
December
31 2006 02 411
41
deficit
income
117 12
27
1.5
2005
and
044
02
205
4189
..
liabilities
icr
meaparl
rings
December31
Total
7363
1002.7
slack
Additional
See notes
217
busmcsses
tieS
Irabilitras
amman and
221
habilitres
185
ama
Enviranme
Sharuhokl
741
sos
lain
in
Asbestos
888
liability
acer
Deferred
62
blc
pan
Ashesta
aug
65
22
581
flUS
arrant
101
19
80
Luxas
asrcts
IAflH
114
71
OdSh
1l2iicd
hr
uranre
ii
1095
138
472
assets
an
plant
161
shareholders
Financial
.E2
4O39.
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$1406.6
equity
Statements
56
1.6 .........
5399 1276.2
00
ct
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36 65
2011 lleroaflcr
35. Net
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ended
December
31 2006
2005
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Tabe 18
of
Contents
Selected
Quarterly
Financial
Data
Unaudited First
Ln
fli
miflitu
re duUL
2000
S22 Gross
Net i6com Basic
78.4
profit
on
earnings
Represents
loss
sales
Quarter
Third
2005
2000
$2125
$2267
69.1
....
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1.0.0
per share
0.71
0.49
$069
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less
2005
Quarter
06
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77.4
$.42 0.20
73.8
...
$211 1.02
71.9
94
16
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0.20
Quarter
79.6
2005 $2071 64.1
i73
$473.E
$0.20
cost of sales
Fourth
2015
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.E$O47...E.....$
8.28
0.84
TI
oDol-
i4
uit
Ikrinmug 2006 2005
...
2004 Consists
primarily
of acquisitions
1jje 12
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$0.7
.2r
..
and
28
the
effect
of changes
..$ in
currency
rates 95
I4erah1t
$4 $1.4 $.0.7
.Atherfl
md
of.car
02
28
$0.1
$2.8
