XML 27 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
ACQUISITIONS (Tables)
12 Months Ended
Sep. 30, 2012
Business Acquisition, Pro Forma Information
Supplemental pro forma data is as follows (amounts in thousands, except per share data) (unaudited):
 
For each of the three fiscal years in the period ended September 30, 2012 (unaudited)
 
2012
2011
2010
Net sales
$
1,019,329

$
1,095,481

806,331

Net income
$
10,002

$
65,804

(89,868
)
Net income per share:
 
 
 
  Basic
$
0.12

$
0.78

$
(1.11
)
  Diluted
$
0.11

$
0.77

$
(1.11
)
Zarlink Semiconductor, Inc
 
Calculation and Allocation of Consideration
We allocated the total consideration to Zarlink's tangible and intangible assets and liabilities based on their estimated fair values as of the date of the completion of the transaction. During the fourth quarter of 2012, we adjusted our allocation of deferred tax assets, net. The consideration is allocated as follows (in thousands):
Cash and cash equivalents
$
83,497

Accounts receivable
17,980

Inventories
28,403

Other current assets
35,655

Property and equipment
7,648

Deferred tax assets, net
27,741

Other assets
4,353

Identifiable intangible assets
210,100

Goodwill
271,757

Current liabilities
(58,379
)
Other non-current liabilities
(5,085
)
Total consideration
$
623,670

Identifiable Intangible Assets and their Estimated Useful Lives
Identifiable intangible assets and their estimated useful lives are as follows (amounts in thousands):
 
Asset
Amount
Weighted
Average
Useful Life
(Years)
Completed technology
$
47,800

6
Customer relationships
144,600

6
Backlog
15,700

1
Trade name
2,000

2
 
$
210,100

 
Timing Business of Maxim Integrated Products, Inc.
 
Calculation and Allocation of Consideration
We allocated the total consideration to the acquired business' tangible and intangible assets and liabilities based on their estimated fair values as of the date of the completion of the transaction. The consideration is allocated as follows (in thousands):
Inventories
$
2,741

Property and equipment
4

Identifiable intangible assets
12,960

Goodwill
28,509

Current liabilities
(169
)
Total consideration
$
44,045

Identifiable Intangible Assets and their Estimated Useful Lives
Identifiable intangible assets and their estimated useful lives are as follows (amounts in thousands):
 
Asset
Amount
Weighted
Average
Useful Life
(Years)
Completed technology
$
6,000

5
Customer relationships
6,700

5
Backlog
260

1

$
12,960