Business Acquisition

9 Months Ended

Sep. 30, 2011

Business Acquisition

Note 19. Business Acquisition

On July 21, 2011, the Company acquired Aerius Photonics, LLC, a leading provider of short-wavelength infrared detectors and advanced laser components, for approximately $27 million in cash. Allocation of the purchase price to goodwill and identifiable intangible assets is subject to the final determination of the purchase price and valuation of the assets acquired and liabilities assumed. Goodwill and identifiable intangible assets will be recorded in the Thermal Vision and Measurement business segment. The excess purchase price of approximately $25.2 million has preliminarily been reported in other assets as of September 30, 2011.