Acquisitions (Tables)

6 Months Ended

Jun. 30, 2015

The following unaudited pro forma information illustrates the impact of both 2015 and 2014 acquisitions on the Company’s revenue and earnings from continuing operations for the three and six months ended June 30, 2015 and 2014. In 2014, the Company acquired Heidelberg CSAT GmbH, MS Printing Solutions, Timberline Manufacturing Company, WellMark Holdings, Inc., SweatMiser, and Liquip International for total consideration of $366,532, and Accelerated Companies for consideration of $435,722.

The 2015 and 2014 pro forma information assumes that the 2015 and 2014 acquisitions had taken place at the beginning of the prior year. 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 2015 and 2014 acquisitions.



	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Revenue from continuing operations:
As reported	$	1,758,628	$	1,962,636	$	3,474,129	$	3,765,206
Pro forma	1,758,628		2,048,178		3,474,636		3,939,789
Earnings from continuing operations:
As reported	$	155,634	$	210,581	$	272,824	$	380,622
Pro forma ⁽¹⁾	155,634		216,182		278,947		392,376
Basic earnings per share from continuing operations:
As reported	$	0.98	$	1.26	$	1.70	$	2.26
Pro forma ⁽¹⁾	0.98		1.30		1.74		2.33
Diluted earnings per share from continuing operations:
As reported	$	0.97	$	1.25	$	1.69	$	2.23
Pro forma ⁽¹⁾	0.97		1.28		1.72		2.30


(1)	For pro forma presentation purposes, the 2015 pro forma earnings amount excludes certain one-time adjustments made in 2015 for 2014 acquisitions, since as noted above, the pro forma information assumes that the 2014 acquisitions had taken place at the beginning of 2013.