Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Thomas Medical Products, Inc

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The total purchase price was allocated as follows (in thousands):

Assets Acquired
Trade receivables	$	6,507
Inventories	5,459
Prepaid expenses	340
Property and equipment	2,685
Intangibles
Developed technology	43,000
Non-compete agreements	500
Customer lists	5,000
Trademarks	1,400
Goodwill	102,407
Total assets acquired	167,298
Liabilities Assumed
Trade payables	588
Accrued expenses	1,094
Total liabilities assumed	1,682
Net assets acquired, net of cash acquired of $1,829	$	165,616

Business Acquisition, Pro Forma Information

The following table summarizes our unaudited consolidated results of operations for the years ended December 31, 2013, 2012 and 2011, as well as unaudited pro forma consolidated results of operations as though the Thomas Medical, MediGroup, and Ostial acquisitions had occurred on January 1, 2011 and the Datascope acquisition had occurred on January 1, 2012 (in thousands, except per common share amounts):

	2013				2012				2011
	As Reported		Pro Forma		As Reported		Pro Forma		As Reported		Pro Forma
Net sales	$	449,049	$	454,333	$	394,288	$	438,981	$	359,449	$	396,767
Net income	16,570		17,112		19,710		25,075		23,044		22,033
Earnings per common share:
Basic	$	0.39	$	0.40	$	0.47	$	0.59	$	0.59	$	0.56
Diluted	$	0.39	$	0.40	$	0.46	$	0.59	$	0.58	$	0.55

MediGroup

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The total purchase price, which includes the contingent consideration liability described above, was allocated as follows (in thousands):

Assets Acquired
Inventories	$	263
Property and equipment	79
Intangibles
Developed technology	2,000
Non-compete agreements	210
Customer lists	110
Trademarks	80
Goodwill	1,697
Total assets acquired	$	4,439

Ostial Solutions, LLC

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

It is not practical to separately report the earnings related to the Ostial acquisition, as we cannot split out sales costs related to Ostial products, principally because our sales representatives are selling multiple products (including Ostial products) in the cardiovascular business segment. The total purchase price, which includes the contingent consideration liability described above, was allocated as follows (in thousands):

Assets Acquired
Intangibles
Developed technology	$	10,500
Customer lists	600
Trademark	110
Non-compete agreements	10
Goodwill	9,580
Total assets acquired	$	20,800

Ash

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The total purchase price, which includes the contingent consideration liability described above, was allocated as follows (in thousands):

Assets Acquired
Property and equipment	$	73
Intangibles
Developed technology	3,200
Customer lists	300
Goodwill	2,697
Total assets acquired	$	6,270

Datascope

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The total purchase price was preliminarily allocated as follows (in thousands):

Assets Acquired
Inventories	$	478
Intangibles
Developed technology	18,200
Customer lists	390
Trademarks	320
Goodwill	8,112
Total assets acquired	$	27,500

Radial Assist

Business Acquisition [Line Items]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The total purchase price was preliminarily allocated as follows (in thousands):

Assets Acquired
Inventories	$	16
Intangibles
Developed technology	1,520
Customer lists	20
Trademarks	40
Goodwill	904
Total assets acquired	$	2,500