Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

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	$	98,641
Property, plant and equipment	33,403
Goodwill	141,888
Intangible assets	149,228
Other non-current assets, principally deferred taxes	2,622
Current liabilities assumed	(58,052		)
Non-current liabilities assumed, principally deferred taxes	(44,892		)
Net assets acquired	$	322,838

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	$	203,646
Property, plant and equipment	98,016
Goodwill	602,098
Intangible assets	569,747
Other non-current assets, principally deferred taxes	67,605
Current liabilities assumed	(103,112		)
Non-current liabilities assumed, principally deferred taxes and pension obligations	(256,957		)
Net assets acquired	$	1,181,043

Schedule Of Acquired Intangible Assets By Major Class Text Block [Table Text Block]

The amounts assigned to goodwill and major intangible asset classifications by applicable segment for the 2013 acquisitions are as follows:



	Energy		Engineered Systems		Printing & Identification		Total		Useful life (in years)
Goodwill - Tax deductible	$	272	$	14,870	$	5,099	$	20,241	na
Goodwill - Non deductible	41,479		80,168		—		121,647		na
Customer intangibles	36,463		80,829		—		117,292		10
Trademarks	4,481		5,515		—		9,996		10
Patents	2,085		1,870		1,820		5,775		10
Other intangibles and assets	3,175		12,990		—		16,165		6
	$	87,955	$	196,242	$	6,919	$	291,116

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 years ended December 31, 2013 and 2012, assuming that the 2013 acquisitions had taken place at the beginning of 2012. As a result, the supplemental pro forma earnings reflect adjustments to earnings from continuing operations as reported in the Consolidated Statements of Earnings to exclude $4,963 of nonrecurring expense related to the fair value adjustments to acquisition-date inventory (after-tax) and $2,905 of acquisition-related costs (after-tax) from the year ended December 31, 2013. The supplemental pro forma earnings for the comparable 2012 period were adjusted to include these charges as if they were incurred at the beginning of 2011. The 2013 and 2012 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 2013 and 2012 acquisitions.



	Years Ended December 31,
	2013		2012
Revenue from continuing operations:
As reported	$	8,729,813	$	8,104,339
Pro forma	8,852,973		8,712,047
Earnings from continuing operations:
As reported	$	965,805	$	833,119
Pro forma	972,026		868,803
Basic earnings per share from continuing operations:
As reported	$	5.64	$	4.59
Pro forma	5.68		4.79
Diluted earnings per share from continuing operations:
As reported	$	5.57	$	4.53
Pro forma	5.60		4.72