Acquisitions (Tables)

3 Months Ended

Mar. 31, 2017

San Jamar

Acquisitions

Summary of consideration transferred and the allocation of the consideration to acquired assets and assumed liabilities

The following table summarizes the consideration transferred to acquire San Jamar and the preliminary allocation of the purchase price among the assets acquired and liabilities assumed.

	Preliminary Allocation
(in millions)	As of 1/9/2017
Total consideration transferred	$	217.2
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	3.5
Receivables	9.1
Inventories	13.1
Prepaid expenses and other current assets	2.3
Property, plant, and equipment	4.2
Definite-lived intangible assets	135.1
Indefinite-lived intangible assets	23.6
Other long-term assets	3.2
Accounts payable	(7.0		)
Income tax payable	(0.5		)
Accrued expenses	(4.3		)
Other long-term liabilities	(4.8		)
Deferred income taxes	(47.2		)
Total identifiable net assets	130.3
Goodwill	$	86.9

Star Aviation

Acquisitions

Summary of consideration transferred and the allocation of the consideration to acquired assets and assumed liabilities

The following table summarizes the consideration transferred to acquire Star Aviation and the revised preliminary allocation of the purchase price among the assets acquired and liabilities assumed.

	Preliminary Allocation			Measurement Period  Adjustments		Revised Preliminary Allocation
(in millions)	As of 10/3/2016					As of 3/31/2017
Total consideration transferred	$	82.7		—		82.7
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	0.3		—		0.3
Receivables	5.9			(0.1	)	5.8
Inventories	3.1			(0.2	)	2.9
Prepaid expenses and other current assets	0.1			—		0.1
Property, plant, and equipment	3.3			—		3.3
Definite-lived intangible assets	29.0			—		29.0
Accounts payable	(1.3		)	0.2		(1.1	)
Accrued expenses	(0.8		)	0.1		(0.7	)
Total identifiable net assets	39.6			—		39.6
Goodwill	$	43.1		—		43.1

Micro-Coax

Acquisitions

Summary of consideration transferred and the allocation of the consideration to acquired assets and assumed liabilities

The following table summarizes the consideration transferred to acquire Micro-Coax and the final allocation of the purchase price among the assets acquired and liabilities assumed.

	Preliminary Allocation			Measurement Period  Adjustments			Final Allocation
(in millions)	As of 6/10/2016						As of 3/31/2017
Total consideration transferred	$	97.3		$	(0.7	)	$	96.6
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	$	1.5		$	—		$	1.5
Receivables	6.3			—			6.3
Inventories	8.6			—			8.6
Prepaid expenses and other current assets	0.4			(0.1		)	0.3
Property, plant, and equipment	30.0			(14.0		)	16.0
Definite-lived intangible assets	31.5			(5.0		)	26.5
Indefinite-lived intangible assets	2.0			(2.0		)	—
Other long-term assets	1.0			—			1.0
Accounts payable	(1.7		)	—			(1.7		)
Accrued expenses	(2.4		)	(0.1		)	(2.5		)
Total identifiable net assets	77.2			(21.2		)	56.0
Goodwill	$	20.1		$	20.5		$	40.6