Business Acquisitions

6 Months Ended

Jun. 29, 2013

Business Combinations [Abstract]

Business Acquisitions [Text Block]

BUSINESS ACQUISITIONS

2012 Acquisition

On October 11, 2012, we completed the acquisition of all of the issued and outstanding shares and membership interests of Snack Factory, LLC and certain affiliates ("Snack Factory"), for $343.4 million.

The following unaudited pro forma results for the quarter and six months endedJune 30, 2012, include estimates and assumptions regarding increased amortization of intangible assets related to the acquisition, increased interest expense related to debt acquired in order to fund the acquisition and the related tax effects. Pro forma results are not necessarily indicative of the results that would have occurred if the acquisition had occurred on the date indicated, or that may result in the future for various reasons including the potential impact of revenue and cost synergies on the business.

	Quarter Ended June 30, 2012		Six Months Ended June 30, 2012
(in thousands, except per share data)
Net revenue	$	428,930	$	842,918
Income before interest and income taxes	39,206		66,055
Net income attributable to Snyder's-Lance, Inc.	20,516		34,478
Weighted average diluted shares	69,319		69,086
Diluted earnings per share	$	0.30	$	0.50

Merger and Integration Activities

On December 6, 2010, Lance, Inc. and Snyder’s of Hanover, Inc. completed a merger (“Merger”) to create Snyder’s-Lance, Inc.

In connection with this Merger, we converted our company owned distribution routes to an independent business owner ("IBO") distribution structure.

During the quarter and six months endedJune 30, 2012, we incurred $0.2 million and $1.7 million, respectively, in severance costs and professional fees related to the Merger and integration activities, which are included in selling, general and administrative expenses on the Condensed Consolidated Statements of Income. There were no such costs incurred during the quarter and six months endedJune 29, 2013.