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ACQUISITIONS AND DIVESTITURES (Tables)
12 Months Ended
Dec. 29, 2012
Acquisitions  
Summary of supplemental pro forma financial information

 

 

 

Year Ended

 

 

 

December 29,

 

December 31,

 

(Unaudited, in thousands)

 

2012

 

2011

 

Actual:

 

 

 

 

 

Net sales

 

$

7,601

 

$

 

Net income attributable to Newport Corporation

 

$

1,126

 

$

 

Supplemental pro forma information:

 

 

 

 

 

Net sales

 

$

596,484

 

$

554,112

 

Net income (loss) attributable to Newport Corporation

 

$

(88,859

)

$

79,494

 

Divestiture  
Summary of the assets and liabilities disposed of

 

 

(In thousands)

 

 

 

Assets and liabilities disposed of:

 

 

 

Current assets

 

$

1,714

 

Other assets

 

1,775

 

Current liabilities

 

(1,020

)

 

 

$

2,469

 

2012 Acquisitions
 
Acquisitions  
Summary of the purchase price, assets acquired and liabilities assumed

 

 

(In thousands)

 

ILX

 

Vistek
Business

 

Total

 

Assets acquired and liabilities assumed:

 

 

 

 

 

 

 

Cash

 

$

44

 

$

 

$

44

 

Accounts receivable

 

1,224

 

 

1,224

 

Inventories

 

861

 

81

 

942

 

Other assets

 

587

 

26

 

613

 

Goodwill

 

3,762

 

273

 

4,035

 

Developed technology

 

2,800

 

1,200

 

4,000

 

Customer relationships

 

1,100

 

900

 

2,000

 

Other intangible assets

 

1,090

 

20

 

1,110

 

Deferred income taxes

 

(1,841

)

 

(1,841

)

Other liabilities

 

(644

)

 

(644

)

 

 

$

8,983

 

$

2,500

 

$

11,483

 

2011 Acquisitions
 
Acquisitions  
Summary of the purchase price, assets acquired and liabilities assumed

 

 

(In thousands)

 

Ophir

 

High Q

 

Opticoat

 

Total

 

Assets acquired and liabilities assumed:

 

 

 

 

 

 

 

 

 

Cash

 

$

23,233

 

$

5,989

 

$

 

$

29,222

 

Accounts receivable

 

18,732

 

1,494

 

 

20,226

 

Inventories

 

30,370

 

7,829

 

 

38,199

 

Other current assets

 

4,478

 

5,957

 

 

10,435

 

Goodwill

 

66,524

 

6,745

 

1,302

 

74,571

 

Developed technology

 

41,530

 

6,300

 

705

 

48,535

 

In-process research and development

 

9,560

 

 

 

9,560

 

Customer relationships

 

56,640

 

1,350

 

148

 

58,138

 

Other intangible assets

 

13,970

 

4,170

 

 

18,140

 

Property and equipment

 

41,652

 

1,436

 

917

 

44,005

 

Other noncurrent assets

 

13,917

 

225

 

 

14,142

 

Short-term borrowings

 

(7,082

)

(10,699

)

 

(17,781

)

Accounts payable

 

(7,756

)

(1,792

)

 

(9,548

)

Other current liabilities

 

(17,562

)

(3,690

)

 

(21,252

)

Long-term debt

 

(9,781

)

(4,161

)

 

(13,942

)

Deferred income taxes

 

(23,292

)

(2,063

)

 

(25,355

)

Other noncurrent liabilities

 

(10,973

)

(585

)

(137

)

(11,695

)

Non-controlling interests

 

(2,076

)

 

 

(2,076

)

 

 

$

242,084

 

$

18,505

 

$

2,935

 

$

263,524