Acquisitions (Tables)

9 Months Ended

Sep. 30, 2011

Acquisitions [Abstract]

Allocation of acquisition cost

The following presents the allocation of acquisition cost to the assets acquired and liabilities assumed, based on their estimated fair values:

	Sound Solutions			Other Acquisitions			Total
Current assets, net of cash acquired	$	88,339		$	113,066		$	201,405
Property, plant and equipment		86,335			51,781			138,116
Goodwill		480,634			274,932			755,566
Intangible assets		295,889			222,730			518,619
Other assets		7,787			(542	)		7,245
Total liabilities		(136,884	)		(147,715	)		(284,599	)
Net assets acquired	$	822,100		$	514,252		$	1,336,352

Pro forma results of operations

In accordance with ASU 2010-29, “Disclosure of Supplementary Pro Forma Information for Business Combinations,” the following unaudited pro forma information illustrates the effect on the Company's revenue and net earnings for the three and nine months ended September 30, 2011 and 2010, assuming that the 2011 acquisitions had taken place at the beginning of 2010. As a result, the supplemental pro forma net earnings reflect adjustments to the net earnings as reported in the Unaudited Condensed Consolidated Statement of Operations for the three and nine months ended September 30, 2011 to exclude $8,928 and $10,368, respectively, of acquisition-related costs (after-tax) and $3,644 and $5,671, respectively, of nonrecurring expense related to the fair value adjustments to acquisition-date inventory (after-tax).  The supplemental pro forma earnings for the comparable 2010 periods were adjusted to include these charges. The 2011 and 2010 supplemental pro forma earnings are also adjusted to reflect the comparable impact of additional depreciation and amortization expense (net of tax) resulting from the fair value measurement of tangible and intangible assets relating to 2011 and 2010 acquisitions.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Revenue from continuing operations:
As reported	$	2,203,388	$	1,802,158	$	6,122,287	$	5,023,750
Pro forma		2,212,907		1,945,591		6,288,772		5,453,953
Net earnings from continuing operations:
As reported	$	228,577	$	219,309	$	649,996	$	512,413
Pro forma		241,256		231,912		657,721		530,624
Basic earnings per share from continuing operations:
As reported	$	1.23	$	1.17	$	3.49	$	2.74
Pro forma		1.30		1.24		3.53		2.84
Diluted earnings per share from continuing operations:
As reported	$	1.21	$	1.16	$	3.43	$	2.71
Pro forma		1.28		1.23		3.47		2.81