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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2012
ACQUISITIONS [Abstract]  
Estimated acquisition date fair values of the consideration transferred and identifiable net assets acquired
While the initial accounting related to the 2012 Acquisitions is not complete as of the filing date of this Form 10-K, the following table depicts the Company's estimated acquisition date fair values of the combined consideration transferred and identifiable net assets acquired in these transactions (in thousands):

           
      
Measurement
  
Acquisition-Date
 
   
Acquisition-Date
  
Period
  
Fair Values
 
   
Fair Values
  
Adjustments
  
(As adjusted)
 
Cash and cash equivalents
 $2,991  $-  $2,991 
Accounts receivable
  3,750   224   3,974 
Inventories
  1,061   (16)  1,045 
Other current assets
  90   -   90 
Property, plant and equipment
  502   248   750 
Intangible assets
  30   10,358   10,388 
     Total identifiable assets
  8,424   10,814   19,238 
              
Accounts payable
  (1,702)  -   (1,702)
Accrued expenses
  (1,736)  -   (1,736)
Notes payable
  (216)  -   (216)
Income taxes payable
  (264)  (60)  (324)
Deferred income tax liability, current
  (70)  -   (70)
Deferred income tax liability, noncurrent
  -   (2,297)  (2,297)
Other long-term liabilities
  (216)  -   (216)
     Total liabilities assumed
  (4,204)  (2,357)  (6,561)
     Net identifiable assets acquired
  4,220   8,457   12,677 
     Goodwill
  17,965   (8,241)  9,724 
     Net assets acquired
 $22,185  $216  $22,401 
              
              
Cash paid
 $22,138   263  $22,401 
Deferred consideration
  47   (47)  - 
     Fair value of consideration transferred
 $22,185  $216  $22,401 
 
Fair value of identifiable intangible assets
The fair value of identifiable intangible assets noted above (as adjusted) consists of the following:

 
Weighted-Average Life
 
Acquisition-Date Fair Value
 
Trademarks
Indefinite
 $1,264 
Technology
20 years
  5,464 
Customer relationships
16 years
  3,142 
Non-compete agreements
2 years
  518 
    Total identifiable intangible assets acquired
   $10,388 


Unaudited pro forma consolidated results of operations information
The following unaudited pro forma consolidated results of operations assume that the acquisition of the 2012 Acquired Companies was completed as of January 1, 2011 (dollars in thousands except per share data):

   
Year Ended December 31,
 
   
2012
  
2011
 
        
Revenue
 $293,948  $304,189 
Net earnings
  3,465   4,623 
Earnings per Class A common share - basic and diluted
  0.26   0.36 
Earnings per Class B common share - basic and diluted
  0.30   0.40