Business Combination (Tables)

6 Months Ended

Mar. 31, 2014

Preliminary Fair Values and Purchase Price Allocation at Acquisition Date of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values and purchase price allocation at the acquisition date, of the assets acquired and liabilities assumed related to the Griffith acquisition as of the Acquisition Date. Given the proximity of this acquisition to the end of the quarter, the allocation of the purchase price is preliminary.

(in thousands)	As of Acquisition Date
Trade accounts receivable (a)	$	46,557
Inventories		5,143
Other current assets		5,459
Property and equipment		17,555
Customer lists, trade names and other intangibles		49,157
Other long term assets		1,778
Current liabilities		(30,089	)
Total net identifiable assets acquired	$	95,560
Total consideration	$	98,698
Less: Total net identifiable assets acquired		95,560
Goodwill	$	3,138

(a) The gross contractual receivable amount is $48.2 million, and the best estimate at the acquisition date of the contractual cash flows not expected to be collected is $1.7 million.

Unaudited Pro Forma Results of Operations

The following table provides unaudited pro forma results of operations as if the Griffith acquisition had occurred on October 1, 2012, the beginning of fiscal year 2013. The unaudited pro forma results were prepared using Griffith’s current and prior year financial information, reflecting certain adjustments related to the acquisition, such as the elimination of directly attributable acquisition expenses and changes to depreciation and amortization expenses. These pro forma adjustments do not include any potential synergies related to combining the businesses. Accordingly, such pro forma operating results were prepared for comparative purposes only and do not purport to be indicative of what would have occurred had the acquisition been made as of October 1, 2012 or of results that may occur in the future.

	Three Months Ended				Six Months Ended
	March 31,				March 31,
(in thousands)	2014		2013		2014		2013
Total sales	$	979,389	$	889,228	$	1,583,557	$	1,488,846
Net income	$	55,247	$	45,651	$	76,068	$	56,701