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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
After preliminary working capital adjustments, the Company paid an aggregate purchase price of $430.7 million, which was comprised of the following:
 
June 1, 2017
Accounts and notes receivable—trade
$
23.3

Inventories
24.9

Prepaid expenses and other
0.2

Property, plant and equipment
23.0

Identifiable intangibles
254.2

Accounts payable
(22.4
)
Other accrued liabilities
(5.1
)
Net assets acquired before goodwill on acquisition
298.1

Goodwill on acquisition
132.6

Net assets acquired
$
430.7

Business Acquisition, Pro Forma Information
The following supplemental pro forma information represents the results of operations as if the Company had acquired Industrial Wood on January 1, 2016:
 
For the six months ended
 (in millions, except per share data)
June 30, 2017
June 30, 2016
Net sales
$
2,197.6

$
2,127.5

Net income
$
53.8

$
82.1

Net income attributable to controlling interests
$
50.1

$
79.6

Net income per share (Basic)
$
0.21

$
0.34

Net income per share (Diluted)
$
0.20

$
0.33