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Acquisitions Acquisition Purchase Price Allocation (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
he assets acquired and liabilities assumed be recognized at their respective fair values as of the acquisition date. As of December 31, 2014, the pu
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]
Identifiable intangible assets acquired in connection with the acquisition of Scepter are as follows:
 
 
 
 
Estimated
 
 
 
 
Fair Value
 
Useful Life
 
Valuation Method
Intangible assets not subject to amortization:
 
 
 
 
 
 
Trademarks and trade names
 
$
8,900

 
Indefinite
 
Relief from royalty
 
 
 
 
 
 
 
Intangible assets subject to amortization:
 
 
 
 
 
 
Technology
 
22,300

 
10 years
 
Relief from royalty
Customer relationships
 
35,300

 
6 years
 
Multi-period excess earnings
 
 
57,600

 
 
 
 
Total
 
$
66,500

 
 
 
 
Pro forma information
The following unaudited pro forma information presents a summary of the consolidated results of operations for the Company as if the acquisition of Scepter had occurred on January 1, 2013.
 
 
For the Year Ended
 
 
December 31, 2014
December 31, 2013
Net sales
 
$
675,046

$
679,567

 
 
 
 
Net income from continuing operations
 
$
16,206

$
30,271

 
 
 
 
Net income per share from continuing operations:
 
 
 
Basic
 
$
0.50

$
0.89

Diluted
 
$
0.50

$
0.89