Acquisitions Schedule of Business Acquisitions (Tables)

9 Months Ended

Sep. 27, 2014

Hy-Bon [Domain]

Sep. 27, 2014

Benshaw member [Domain]

Sep. 28, 2013

RAM Motor Business [Member]

Sep. 28, 2013

Cemp [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The purchase price allocation for Hy-Bon was as follows:



	As of February 7, 2014
Current assets	$	1.7
Trade receivables	11.5
Inventories	14.3
Property, plant and equipment	8.1
Intangible assets, subject to amortization	13.4
Goodwill	40.6
Other assets	0.1
Total assets acquired	89.7
Accounts payable	5.5
Current liabilities assumed	5.1
Long-term liabilities assumed	1.1
Net assets acquired	$	78.0

The preliminary purchase price allocation for Benshaw was as follows:



	As of June 30, 2014
Current assets	$	0.5
Trade receivables	10.4
Inventories	22.4
Property, plant and equipment	4.5
Intangible assets, subject to amortization	14.6
Goodwill	9.9
Total assets acquired	62.3
Accounts payable	3.7
Current liabilities assumed	2.2
Long-term liabilities assumed	5.4
Net assets acquired	$	51.0

The purchase price allocation for RAM was as follows:



	As of February 8, 2013
Current assets	$	1.2
Trade receivables	1.9
Inventories	7.7
Property, plant and equipment	2.1
Other assets	0.1
Total assets acquired	13.0
Accounts payable	1.1
Current liabilities assumed	5.4
Long-term liabilities assumed	0.5
Net assets acquired	$	6.0

The purchase price allocation for Cemp was as follows:



	As of November 19, 2013
Current assets	$	3.1
Trade receivables	6.6
Inventories	7.8
Property, plant and equipment	3.7
Intangible assets, subject to amortization	12.6
Goodwill	14.8
Total assets acquired	48.6
Accounts payable	5.5
Current liabilities assumed	3.0
Long-term liabilities assumed	5.5
Net assets acquired	$	34.6

Business Acquisition, Pro Forma Information [Table Text Block]

The following supplemental pro forma information presents the financial results for the three and nine months ended September 27, 2014 and September 28, 2013, respectively, as if the acquisitions of Benshaw and Hy-Bon had occurred on December 29, 2013. Based upon the timing of the Company's fiscal 2014 acquisitions, financial results for the three months ended September 27, 2014 included the financial results of the acquisitions of Benshaw and Hy-Bon. Also presented are the financial results for the three and nine months ended September 28, 2013 as if the acquisitions of Benshaw, Hy-Bon, Cemp and RAM had occurred on December 30, 2012.

Such pro forma amounts do not include any estimated cost synergies or other effects of the integration of the acquisitions. Accordingly, the pro forma amounts are not necessarily indicative of the results that actually would have occurred had the acquisitions been completed on the dates indicated. Pro forma amounts are also not indicative of any future consolidated operating results of the Company (see Note 5 of the Notes to the Condensed Consolidated Financial Statements for amortization expense related to intangible assets acquired).



	Nine Months Ended
	September 27, 2014
Pro forma net sales	$	2,515.5
Pro forma net income	145.3

Basic earnings per share as reported	$	3.27
Pro forma basic earnings per share	3.22

Diluted earnings per share as reported	$	3.25
Pro forma diluted earnings per share	3.20



	Three Months Ended		Nine Months Ended
	September 28, 2013		September 28, 2013
Pro forma net sales	$	801.5	$	2,247.9
Pro forma net income	53.2		156.2

Basic earnings per share as reported	$	1.17	$	3.40
Pro forma basic earnings per share	1.18		3.47

Diluted earnings per share as reported	$	1.16	$	3.38
Pro forma diluted earnings per share	1.17		3.45