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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2016
Dejana  
Summary of the preliminary allocation of the purchase price paid to the fair value of the net assets acquired as of the acquisition date

 

 

 

 

 

 

 

 

Accounts receivable

 

$

13,509

Inventories

 

 

20,017

Truck chassis floor plan inventory

 

 

13,479

Prepaids and other current assets

 

 

705

Property and equipment

 

 

5,821

Goodwill

 

 

77,354

Intangible assets

 

 

77,800

Other assets - long term

 

 

219

Accounts payable and other liabilities

 

 

(3,881)

Floor plan obligations

 

 

(13,479)

Earn out liability

 

 

(10,200)

Total

 

$

181,344

 

Unaudited proforma information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2016

 

 

 

2015

 

Net sales

$

490,243

 

 

$

517,716

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

45,983

 

 

$

45,760

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share assuming dilution attributable to common shareholders

$

2.00

 

 

$

2.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Henderson  
Summary of the preliminary allocation of the purchase price paid to the fair value of the net assets acquired as of the acquisition date

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

3,950

Accounts receivable

 

 

14,951

Inventories

 

 

16,308

Refundable income taxes paid

 

 

1,206

Deferred income taxes - current

 

 

823

Other current assets

 

 

876

Property and equipment

 

 

10,848

Goodwill

 

 

47,800

Intangible assets

 

 

17,390

Other assets - long term

 

 

74

Accounts payable and other current liabilities

 

 

(24,083)

Deferred income taxes - long term

 

 

(3,202)

Other liabilities - long term

 

 

(248)

Total

 

$

86,693

 

Unaudited proforma information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended
December 31,

 

 

2014

 

Net sales

$

385,138

 

 

 

 

 

 

 

 

Net income

$

43,191

 

 

 

 

 

 

 

 

Earnings per common share assuming dilution attributable to common shareholders

$

1.90