JHP Acquisition (Tables) (JHP Group Holdings [Member])

9 Months Ended

Sep. 30, 2014

JHP Group Holdings [Member]

Business Combination, Source of Funds and Use of Funds for Acquisition

The sources and uses of funds in connection with the JHP Acquisition are summarized below ($ in thousands):



Sources:				Uses:
	Senior secured term loan	$	395,000		Cash purchase of equity	$	487,429	(a)
	Sponsor equity contribution	110,000			Transaction costs	12,350
	Company cash on hand	1,133		(a)	Accrued interest on Company debt	6,354
	Total source of funds	$	506,133		Total use of funds	$	506,133

(a)	Adjusted to reflect the finalization of working capital adjustments noted above.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The purchase price of JHP has been allocated on a preliminary basis to the following assets and liabilities ($ in thousands):



	As of February 20, 2014
Cash and cash equivalents	$	9,204
Accounts receivable, net	5,413
Inventories	33,701
Prepaid expenses and other current assets	2,721
Property, plant and equipment	73,579
Intangible assets	283,500
Other long-term assets, net	2,258

Total identifiable assets	410,376

Accounts payable	13,796
Accrued expenses and other current liabilities	1,781
Deferred tax liabilities	63,631
Other long-term liabilities	121

Total liabilities assumed	79,329

Net identifiable assets acquired	331,047

Goodwill	156,382

Net assets acquired	$	487,429

Business Acquisition, Pro Forma Information

The following unaudited pro forma information for the nine-month periods ended September 30, 2014, and September 30, 2013 assumes the JHP Acquisition occurred as of January 1, 2013. The pro forma information is not necessarily indicative either of the combined results of operations that actually would have been realized had the JHP Acquisition been consummated during the periods for which pro forma information is presented, nor is it intended to be a projection of future results or trends.




	Nine months ended
(In thousands)	September 30, 2014			September 30, 2013
Total revenues	$	939,668		$	901,910
Loss from continuing operations	$	(93,617	)	$	(90,456	)