Attached files
| file | filename |
|---|---|
| 10-K - FORM 10K - LUFKIN INDUSTRIES INC | form10k.htm |
| EX-21 - EXHIBIT 21 - LUFKIN INDUSTRIES INC | exh21.htm |
| EX-23 - EXHIBIT 23 - LUFKIN INDUSTRIES INC | exh23.htm |
| EX-32.1 - EXHIBIT 32.1 - LUFKIN INDUSTRIES INC | exh32_1.htm |
| EX-31.2 - EXHIBIT 31.2 - LUFKIN INDUSTRIES INC | exh31_2.htm |
| EX-31.1 - EXHIBIT 31.1 - LUFKIN INDUSTRIES INC | exh31_1.htm |
| EX-32.2 - EXHIBIT 32.2 - LUFKIN INDUSTRIES INC | exh32_2.htm |
EXHIBIT
(18.1)
GOODWILL
PREFERABILITY LETTER
March 1,
2010
Lufkin
Industries, Inc.
601 South
Raguet
Lufkin,
TX
Dear
Sirs/Madams:
We have
audited the consolidated financial statements of Lufkin Industries, Inc., and
subsidiaries (the “Company”) as of December 31, 2009 and 2008, and for each of
the three years in the period ended December 31, 2009, included in your Annual
Report on Form 10-K to the Securities and Exchange Commission and have issued
our report thereon dated March 1, 2010, which expresses an unqualified opinion.
Note 1 to such consolidated financial statements contains a description of your
adoption of the change in the date for the annual goodwill impairment test to
October 31 during the year ended December 31, 2009. In our judgment, such change
is to an alternative accounting principle that is preferable under the
circumstances.
Yours
truly,
/s/
DELOITTE & TOUCHE LLP
Houston,
Texas