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Business Acquisitions (Tables)
12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Business Acquisition, Acquiree - Duarte Business [Member]
Sep. 30, 2013
Business Acquisition, Acquiree - Duarte Business [Member]
Jun. 30, 2011
Business Acquisition, Acquiree - IDS [Member]
Schedule of the Purchase Price  

 

 

 

 

 

 

Cash paid to Seller

$

198,900 

Less cash acquired

 

(40)

Total preliminary purchase price

$

198,860 

 

 

 

 

 

 

 

 

Cash paid to sellers

$

48,412 

Less cash acquired

 

(1,251)

Total purchase price

 

47,161 

Less marketable securities acquired

 

(8,463)

Price paid for business assets

$

38,698 

 

Schedule of Purchase Price Allocation  

 

 

 

 

 

 

Accounts receivable

$

14,245 

Inventories

 

30,149 

Other current assets

 

10,370 

Property, plant, and equipment

 

11,804 

Goodwill

 

88,477 

Intangible assets

 

86,700 

Other noncurrent assets

 

18,097 

Total assets acquired

 

259,842 

Other current liabilities

 

29,676 

Other noncurrent liabilities

 

31,306 

Total liabilities assumed

 

60,982 

Net assets acquired

$

198,860 

 

 

 

 

 

 

 

 

Current assets

$

14,627 

Investments in marketable securities

 

8,463 

Property, plant, and equipment

 

1,954 

Goodwill

 

24,188 

Intangible assets

 

11,882 

Total assets acquired

 

61,114 

Other current liabilities

 

5,505 

Warranty accrual

 

2,250 

Postretirement benefits

 

434 

Deferred tax liabilities

 

2,472 

Other tax - noncurrent

 

3,292 

Total liabilities assumed

 

13,953 

Net assets acquired

$

47,161 

 

Schedule of Finite-Lived Intangible Assets Acquired  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Amounts

 

Weighted-Average Useful Life

 

Amortization Method

Customer relationships and contracts

$

74,000 

 

20 

years

 

Straight-line

Process technology

 

5,000 

 

25 

years

 

Straight-line

Backlog

 

7,700 

 

years

 

Accelerated

   Total

$

86,700 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Amounts

 

Weighted-Average Useful Life

 

Amortization Method

Customer relationships and contracts

$

3,452 

 

years

 

Straight-line

Process technology

 

7,752 

 

8.5 

years

 

Straight-line

Backlog

 

678 

 

2.5 

years

 

Straight-line

   Total

$

11,882 

 

years

 

 

 

Schedule of Finite-Lived Intangible Assets Acquired, Future Amortization Expense

 

 

 

 

 

 

 

 

 

 

 

 

Year Ending September 30:

 

 

 

 

 

2014

 

 

 

$

33,328 

2015

 

 

 

 

29,257 

2016

 

 

 

 

27,553 

2017

 

 

 

 

25,788 

2018

 

 

 

 

24,959 

Thereafter

 

 

 

 

144,890 

 

 

 

 

$

285,775 

 

 

 

 

 

 

 

 

Year Ending September 30:

 

 

2014

$

5,944 

2015

 

4,382 

2016

 

4,047 

2017

 

4,047 

2018

 

4,047 

Thereafter

 

57,715 

 

$

80,182 

 

 
Schedule of Unaudited Pro Forma Results    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended September 30, 2013

 

Year Ended September 30, 2012

 

As reported

 

Pro forma

 

As reported

 

Pro forma

Net sales

$

1,935,976 

 

$

1,966,376 

 

$

1,865,627 

 

$

1,978,169 

Net earnings

 

145,942 

 

 

152,271 

 

 

141,589 

 

 

131,412 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

$

2.13 

 

$

2.23 

 

$

2.06 

 

$

1.91 

Diluted earnings per share

 

2.10 

 

 

2.19 

 

 

2.01 

 

 

1.87