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Acquisitions (Tables)
6 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Summary of the Consideration Transferred and the Fair Values of the Assets Acquired and Liabilities Assumed [Table Text Block]
The following table summarizes the consideration paid and the estimated fair values of the assets acquired and liabilities assumed for fiscal 2015 acquisitions, as well as adjustments to finalize the valuations of certain prior year acquisitions. Valuation adjustments related to prior year acquisitions were not significant.
(In thousands)
 
Consideration
 
Cash (a)
$
29,834

Airgas, Inc. common stock (b)
4,458

Fair value of total consideration transferred
$
34,292

 
 
Recognized amounts of identifiable assets acquired and liabilities assumed
 
Current assets, net
$
7,751

Plant and equipment
8,943

Other intangible assets
9,411

Current liabilities
(7,333
)
Non-current liabilities
(4,423
)
Total identifiable net assets
14,349

 
 
Goodwill
19,943


$
34,292

____________________
(a) 
Includes cash paid, net of cash acquired, for current year acquisitions as well as payments for the settlement of holdback liabilities and contingent consideration arrangements associated with prior year acquisitions.
(b) 
Represents 41,060 shares of Airgas, Inc. common stock issued in connection with a single acquisition. The fair value of the shares issued as part of the consideration for the acquisition was determined based on the closing sales price of Airgas, Inc. common stock on the acquisition date.