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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2012
Business Combinations [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:
 
Current assets, net of cash acquired
 $64,015 
Property, plant and equipment
  41,838 
Goodwill
  164,650 
Intangible assets
  126,886 
Total liabilities
  (117,502)
Net assets acquired
 $279,887 

Pro forma results of operations
The following unaudited pro forma information illustrates the effect on the Company’s revenue and net earnings for the three months ended March 31, 2012 and 2011, assuming that the 2012 acquisitions had taken place at the beginning of 2011. As a result, the supplemental pro forma net earnings reflect adjustments to the net earnings as reported in the Unaudited Condensed Consolidated Statements of Earnings for the three months ended March 31, 2012 to exclude $876 of acquisition-related costs (after-tax) and $817 of nonrecurring expense related to the fair value adjustments to acquisition-date inventory (after-tax).  The supplemental pro forma earnings for the comparable 2011 periods were adjusted to include these charges. The 2012 and 2011 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 2012 and 2011 acquisitions.

   
Three Months Ended March 31,
 
   
2012
  
2011
 
Revenue from continuing operations:
      
As reported
 $2,063,364  $1,812,078 
Pro forma
  2,098,934   1,944,952 
Net earnings from continuing operations:
        
As reported
 $196,827  $174,791 
Pro forma
  201,570   175,224 
Basic earnings per share from continuing operations:
        
As reported
 $1.07  $0.94 
Pro forma
  1.10   0.94 
Diluted earnings per share from continuing operations:
 
As reported
 $1.05  $0.92 
Pro forma
  1.08   0.92