Acquisition of RSI Home Products, Inc. (the "RSI Acquisition") (Tables)

9 Months Ended

Jan. 31, 2019

Preliminary Allocation of Purchase Price to Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of the purchase price as of the Acquisition Date, which is based on the accounting consideration of $554.2 million, to the estimated fair value of assets acquired and liabilities assumed (in thousands):



Goodwill	$	767,612
Customer relationship intangibles		274,000
Property, plant and equipment		86,275
Inventories		66,293
Customer receivables		54,649
Income taxes receivable		18,926
Trademarks		10,000
Prepaid expenses and other		4,571
Leasehold interests		151
Total identifiable assets and goodwill acquired		1,282,477

Debt		602,313
Deferred income taxes		67,542
Accrued expenses		30,240
Accounts payable		25,113
Notes payable		2,988
Income taxes payable		49
Total liabilities assumed		728,245

Total accounting consideration	$	554,232

Supplemental Pro Forma Financial Information



	Three months ended			Nine months ended
	January 31,			January 31,
(in thousands)	2018			2018
Net Sales	$	382,618		$	1,207,775
Net Income (loss) (1)	$	(1,507	)	$	45,812
Net earnings per share - basic	$	(0.09	)	$	2.60
Net earnings per share - diluted	$	(0.08	)	$	2.58