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BUSINESS ACQUISITIONS (Tables)
3 Months Ended
Mar. 31, 2013
BUSINESS ACQUISITIONS [Abstract]  
Estimated fair values of assets acquired and liabilities assumed
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed during 2012 in connection with the acquisitions described above (in thousands):

Cash
 $12,374 
Accounts Receivable, net
  34,949 
Inventory
  4,051 
Property and equipment
  34,889 
Goodwill and intangibles
  75,489 
Other assets
  2,698 
Assets acquired
  164,450 
Current liabilities assumed
  (26,293)
Non-current liabilities assumed
  (15,296)
 Net assets acquired
 $122,861 
Pro forma unaudited results of operations
The pro forma unaudited results of operations for the Company on a consolidated basis for the three months ended March 31, 2013 and 2012, assuming the acquisition of businesses completed in 2012 were consummated as of January 1, 2012 are as follows (in thousands, except per share data):

   
Three Months Ended
March 31,
 
   
2013
  
2012
 
Net sales
 $290,097  $292,868 
Net income
 $13,232  $14,008 
Per share data
        
Basic earnings
 $0.92  $0.98 
Diluted earnings
 $0.87  $0.92