Acquisitions Acquisition (Tables)

9 Months Ended

Dec. 02, 2017

Schedule of Recognized Identified Assets Acquired

The purchase price allocation is based on these estimated fair values of assets acquired and liabilities assumed, as follows:



(In thousands)
Net working capital	$	34,156
Property, plant and equipment	43,815
Goodwill	57,460
Other intangible assets	71,500
Less: Long-term liabilities acquired, net	14,605
Net assets acquired	$	192,326

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

Other intangible assets reflect the following:



(In thousands)	Estimated fair value		Estimated useful life (in years)
Customer relationships	$	34,800	16
Tradename	32,400		Indefinite
Backlog	4,300		1.5
	$	71,500

Business Acquisition, Pro Forma Information

The following table sets forth certain unaudited pro forma consolidated data for the combined company for the third quarters and first nine-month periods of fiscal 2018 and 2017, as if the EFCO and Sotawall acquisitions were consummated pursuant to each of their respective same terms at the beginning of the fiscal year preceding their respective acquisition dates.



	Three Months Ended				Nine Months Ended
In thousands, except per share data	December 2, 2017		November 26, 2016		December 2, 2017		November 26, 2016
Net sales	$	356,506	$	368,387	$	1,044,465	$	1,083,352
Net earnings	24,453		25,971		59,564		72,171
Earnings per share
Basic	0.85		0.90		2.07		2.50
Diluted	0.85		0.90		2.06		2.50