Acquisitions (Tables)

3 Months Ended

Mar. 31, 2024

Supplemental pro-forma information

	Three Months Ended March 31,
	2024		2023
	(Amounts in millions, except per share information)
Net Sales	$	570.9	$	521.6
Net Income	$	75.6	$	65.3
Net income per share:
Basic EPS	$	2.26	$	1.95
Diluted EPS	$	2.25	$	1.95

Josam Industries, LLC

Summary of the value of assets and liabilities acquired

The following table summarizes the preliminary value of the assets and liabilities acquired (in millions):

Cash	$	4.6
Trade accounts receivable		4.3
Inventories, net		15.4
Prepaid expenses and other current assets		0.5
Property, Plant and Equipment		7.6
Intangible assets		39.4
Goodwill		34.6
Accounts payable		(1.5)
Accrued expenses and other current liabilities		(1.4)
Purchase price	$	103.5

Bradley

Summary of the value of assets and liabilities acquired

The following table summarizes the preliminary value of the assets and liabilities acquired (in millions):

Cash	$	9.2
Trade accounts receivable		23.5
Inventories, net		38.4
Prepaid expenses and other current assets		3.5
Property, Plant and Equipment		47.6
Intangible assets		115.3
Goodwill		96.9
Accounts payable		(8.2)
Employee benefits, other		(5.0)
Other current liabilities		(8.4)
Other noncurrent liabilities		(0.5)
Purchase price	$	312.3