Acquisitions (Tables)

6 Months Ended

Jun. 28, 2014

Schedule of Acquisition Purchase Price [Table Text Block]

The purchase price of Jetalon consisted of the following:



(In thousands):
Cash paid at closing	$	13,358
Contingent consideration obligation	3,094
Total purchase price	$	16,452

The purchase price of ATMI consisted of the following:



(In thousands):
Cash paid to ATMI shareholders	$	1,099,033
Cash paid in settlement of shared-based compensation awards	31,001
Total purchase price	1,130,034
Less cash and cash equivalents acquired	321,094
Total purchase price, net of cash acquired	$	808,940

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the allocation of the purchase price to the fair values assigned to the assets acquired and liabilities assumed at the date of the ATMI acquisition:



(In thousands):
Accounts receivable and other current assets	$	108,051
Inventory	115,962
Property, plant and equipment	123,641
Identifiable intangible assets	296,726
Other noncurrent assets	20,139
Current liabilities	(72,804		)
Deferred tax liabilities and other noncurrent liabilities	(98,877		)
Net assets acquired	492,838
Goodwill	316,102
Total purchase price, net of cash acquired	$	808,940

The following table summarizes the allocation of the purchase price to the fair values assigned to the assets acquired and liabilities assumed at the date of the Jetalon acquisition:



(In thousands):
Accounts receivable, inventory and other assets	$	944
Identifiable intangible assets	5,634
Current liabilities	(216		)
Net assets acquired	6,362
Goodwill	10,090
Total purchase price	$	16,452

Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma financial information presents the combined results of operations of the Company as if the acquisition of ATMI had occurred as of the beginning of the years presented. The unaudited pro forma financial information is not necessarily indicative of what the Company’s consolidated results of operations actually would have been had the acquisition occurred at the beginning of each year. In addition, the unaudited pro forma financial information does not attempt to project the future results of operations of the combined company.



	Three months ended				Six months ended
(In thousands, except per share data) (Unaudited)	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013
Net sales	$	280,620	$	266,524	$	531,647	$	518,889
Net income (loss)	32,168		11,120		43,663		(42,651		)
Per share amounts:
Net income (loss) per common share - basic	$	0.23	$	0.08	$	0.31	$	(0.31	)
Net income (loss) per common share - diluted	0.23		0.08		0.31		(0.31		)