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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Allocation of purchase price
Based on management’s valuation of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on estimates and assumptions, the final purchase price is allocated as follows:
 
(In millions)
Cash and cash equivalents
$
2.8

Accounts receivable
30.9

Inventories
12.4

Prepaid expenses and other current assets
2.7

Property, plant and equipment
30.2

Customer relationships
29.4

Trademarks and trade name
11.5

Other assets
0.2

Accounts payable
(17.8
)
Accrued expenses
(15.6
)
Deferred tax liability
(26.4
)
Other long-term liabilities
(0.8
)
Goodwill
39.3

Total purchase price
$
98.8

Pro forma information
The following unaudited pro forma information is provided to present a summary of the combined results of the Company’s operations with FRS as if the acquisition had occurred on January 1, 2011. The unaudited pro forma financial information is for informational purposes only and is not necessarily indicative of what the results would have been had the acquisition been completed at the date indicated above.
 
Year Ended December 31,
 
2012
 
(In millions)
Pro forma revenues
$
1,179.1

Pro forma net income
$
39.1