Acquisitions (Tables)

9 Months Ended

Sep. 30, 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	$	100,690
Property, plant and equipment	49,669
Goodwill	260,446
Intangible assets	248,798
Other non-current assets	5,902
Total liabilities	(165,625		)
Net assets acquired	$	499,880

Pro forma results of operations

The following unaudited pro forma information illustrates the effect on the Company’s revenue and earnings from continuing operations for the three and nine months ended September 30, 2012 and 2011, assuming that the 2012 acquisitions had taken place at the beginning of 2011. As a result, the supplemental pro forma earnings reflect adjustments to earnings from continuing operations as reported in the Unaudited Condensed Consolidated Statements of Comprehensive Earnings to exclude $3,264 and $9,906 of nonrecurring expense related to the fair value adjustments to acquisition-date inventory (after-tax) from the three and nine months ended September 30, 2012, respectively, and to exclude $3,285 of acquisition-related costs (after-tax) from the nine months ended September 30, 2012. The supplemental pro forma earnings for the comparable 2011 periods were adjusted to include these charges as if they were incurred at the beginning of 2011. 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 September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Revenue from continuing operations:
As reported	$	2,208,699	$	2,138,606	$	6,428,571	$	5,945,654
Pro forma	2,208,699		2,226,934		6,494,791		6,346,127
Earnings from continuing operations:
As reported	$	242,213	$	223,438	$	651,942	$	637,427
Pro forma	245,477		241,789		670,170		648,654
Basic earnings per share from continuing operations:
As reported	$	1.33	$	1.20	$	3.56	$	3.42
Pro forma	1.35		1.30		3.66		3.48
Diluted earnings per share from continuing operations:
As reported	$	1.32	$	1.19	$	3.51	$	3.37
Pro forma	1.33		1.28		3.61		3.42