XML 120 R27.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Acquisitions [Abstract]  
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 share-based compensation awards
31,451

Total purchase price
1,130,484

Less cash and cash equivalents acquired
321,094

Total purchase price, net of cash acquired
$
809,390

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 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

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
$
107,967

Inventory
115,507

Property, plant and equipment
126,302

Identifiable intangible assets
297,040

Other noncurrent assets
13,216

Current liabilities
(60,056
)
Deferred tax liabilities and other noncurrent liabilities
(122,710
)
       Net assets acquired
477,266

Goodwill
332,124

Total purchase price, net of cash acquired
$
809,390

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.
 
Year ended
(In thousands, except per share data) (Unaudited)
December 31, 2014
December 31, 2013
Net sales
$
1,076,334

$
1,051,175

Net income
68,279

60,324

Per share amounts:
 
 
  Net income per common share - basic
$
0.49

$
0.43

  Net income per common share - diluted
0.49

0.43