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Acquisitions (Tables)
6 Months Ended
Dec. 31, 2016
Acquisitions  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

 

 

 

 

 

    

Preliminary Acquisition Method Values

 

 

(Thousands)

Cash

 

$

46,354

Trade and other receivables, net

 

 

187,303

Inventories

 

 

334,682

Property, plant and equipment

 

 

95,232

Intangible assets

 

 

288,534

Total identifiable assets acquired

 

$

952,105

 

 

 

 

Accounts payable, accrued liabilities and other current liabilities

 

$

177,639

Short-term debt

 

 

242,918

Other long-term liabilities

 

 

156,950

Total identifiable liabilities acquired

 

$

577,507

Net identifiable assets acquired

 

 

374,598

Goodwill

 

 

466,722

Net assets acquired

 

$

841,320

 

Schedule of pro forma and historical results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

Second Quarter Ended

 

Six Months Ended

 

 

December 31,

 

January 2,

    

December 31,

 

January 2,

 

 

2016

 

2016

 

2016

 

2016

 

 

(Thousands, except per share data)

Pro forma sales

 

$

4,323,198

 

$

4,484,189

 

$

8,770,015

 

$

9,352,305

Pro forma income from continuing operations

 

 

45,652

 

 

103,988

 

 

133,381

 

 

227,526