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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2011
Initial Allocated Fair Value of Assets Acquired and Liabilities Assumed
The allocated fair value of assets acquired and liabilities assumed are summarized as follows (in thousands):

       
       
Trade accounts receivable
  $ 73,929  
Inventories
    93,050  
Property, plant and equipment
    212,237  
Other intangible assets
    22,732  
Other assets
    11,044  
Trade accounts payable and accrued liabilities
    (56,665 )
Debt
    (77,238 )
Other liabilities
    (90,201 )
Total identifiable net assets
    188,888  
Goodwill
    54,800  
Cash paid at closing, net of cash acquired
  $ 243,688
Unaudited Pro Forma Financial Information
Unaudited pro forma financial information:
 
   
Three Months Ended
   
Nine Months Ended
 
   
Sept. 30,
   
Sept. 30,
   
Sept. 30,
   
Sept. 30,
 
   
2011
   
2010
   
2011
   
2010
 
   
(Dollars in thousands, except per share data)
 
                         
Net sales
  $ 1,148,008     $ 1,098,794     $ 2,718,839     $ 2,593,033  
Net income
  $ 78,966     $ 72,341     $ 160,591     $ 135,901  
                                 
Earnings per share:
                               
Basic net income per share
  $ 1.13     $ 0.94     $ 2.29     $ 1.77  
Diluted net income per share
  $ 1.12     $ 0.93     $ 2.28     $ 1.76