XML 38 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Business Combinations (Tables)
9 Months Ended
Jul. 01, 2017
Business Combinations [Abstract]  
Purchase Price Consideration
The purchase price consideration was as follows:

Cash paid
$
1,578.6

Accrued liability relating to dissenting shareholders
79.2

Total purchase price
$
1,657.8

Purchase Price Allocation
The preliminary purchase price allocation is as follows:

Cash
$
107.2

Marketable securities
82.9

Accounts receivable
40.2

Inventory
121.1

Property, plant and equipment
44.1

Other assets and liabilities, net
13.3

Accounts payable and accrued expenses
(74.5
)
Deferred revenue
(11.2
)
Capital lease obligation
(25.2
)
Identifiable intangible assets:
 
       Developed technology
736.0

       In-process research and development
107.0

       Distribution agreement
42.0

       Customer relationships
35.0

       Trade names
74.0

Deferred income taxes, net
(313.6
)
Goodwill
679.5

Purchase Price
$
1,657.8

Pro Forma Information
The following unaudited pro forma information presents the combined financial results for the Company and Cynosure as if the acquisition of Cynosure had been completed at the beginning of the prior fiscal year, September 26, 2015:

 
Nine Months Ended
Nine Months Ended
 
July 1, 2017
June 25, 2016
 
(unaudited)
(unaudited)
Revenue
$
2,438.5

$
2,411.6

Net income
$
671.4

$
168.6

Basic earnings per common share
$
2.40

$
0.60

Diluted earnings per common share
$
2.35

$
0.59