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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2016
Business Combinations  
Summary of the aggregate consideration paid and the aggregate amounts of the assets acquired and liabilities assumed

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

    

2016

    

2015

    

Accounts receivable

 

$

3.9

 

$

 —

 

Inventory

 

 

45.2

 

 

46.8

 

Other current assets

 

 

0.1

 

 

0.2

 

Property and equipment

 

 

0.6

 

 

4.4

 

Indefinite-lived intangibles

 

 

24.8

 

 

38.8

 

Current liabilities

 

 

(9.2)

 

 

(1.2)

 

Total consideration

 

 

65.4

 

 

89.0

 

Seller financed/assumed debt

 

 

 —

 

 

(2.6)

 

Total cash used in acquisitions

 

$

65.4

 

$

86.4

 

 

Summary of unaudited consolidated pro forma results of operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

    

2016

    

2015

 

2016

    

2015

    

Revenues

 

$

5,254.1

 

$

5,171.3

    

$

10,123.5

 

$

9,931.5

 

Income from continuing operations

 

 

94.7

 

 

95.3

 

 

174.1

 

 

173.0

 

Net income

 

 

93.5

 

 

95.2

 

 

172.9

 

 

172.0

 

Income from continuing operations per diluted common share

 

$

1.11

 

$

1.06

 

$

2.01

 

$

1.92

 

Net income per diluted common share

 

$

1.10

 

$

1.05

 

$

1.99

 

$

1.91