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Acquisitions (Tables)
9 Months Ended
Jun. 27, 2014
Business Combinations [Abstract]  
Schedule of Fair Value of Identifiable Assets Acquired and Liabilities Assumed
The following amounts represent the preliminary allocation of the fair value of the identifiable assets acquired and liabilities assumed, including preliminary goodwill and intangible assets, and the related deferred tax balances. The Company expects to complete its valuation analysis and finalize deferred tax balances as of the acquisition date no later than the fourth fiscal quarter of 2014. The changes in the purchase price allocation and preliminary goodwill based on the final valuation may include, but are not limited to, changes in deferred income taxes, intangible assets and inventory.
Cash and cash equivalents
$
43.2

Inventory
21.0

Intangible assets
1,300.0

Goodwill
322.2

Other assets, current and non-current (1)
18.0

Deferred tax liabilities, net
(296.4
)
Other liabilities, current and non-current (2)
(78.8
)
Net assets acquired
$
1,329.2

(1)
This amount includes $14.7 million of accounts receivable, which is also the gross contractual value.
(2)
This amount includes $30.0 million of pre-existing Cadence debt, which the Company repaid upon completion of the acquisition.
Schedule of Intangible Assets Acquired
Intangible assets acquired consist of the following:
 
Amount
 
Amortization Period
Completed technology
$
1,300.0

 
8 years
Schedule of Unaudited Pro Forma Information
The following unaudited pro forma information has been prepared for comparative purposes only and is not necessarily indicative of the results of operations as they would have been had the acquisition occurred on the assumed date, nor is it necessarily an indication of future operating results. In addition, the unaudited pro forma information does not reflect the cost of any integration activities, benefits from any synergies that may be derived from the acquisition or revenue growth that may be anticipated.
 
Three Months Ended
 
Nine Months Ended
 
June 27,
2014
 
June 28,
2013
 
June 27,
2014
 
June 28,
2013
Net sales
$
653.1

 
$
594.7

 
$
1,816.8

 
$
1,724.8

Net (loss)
(18.2
)
 
(61.9
)
 
(20.8
)
 
(97.7
)
 
 
 
 
 
 
 
 
Basic (loss) per share
$
(0.31
)
 
$
(1.07
)
 
$
(0.36
)
 
$
(1.69
)
Diluted (loss) per share
(0.31
)
 
(1.07
)
 
(0.36
)
 
(1.69
)