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Acquisitions (Tables)
9 Months Ended
Apr. 01, 2017
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

 

 

334,681

Property, plant and equipment

 

 

56,265

Intangible assets

 

 

295,112

Total identifiable assets acquired

 

$

919,715

 

 

 

 

Accounts payable, accrued liabilities and other current liabilities

 

$

181,921

Short-term debt

 

 

242,814

Other long-term liabilities

 

 

150,508

Total identifiable liabilities acquired

 

$

575,243

Net identifiable assets acquired

 

 

344,472

Goodwill

 

 

496,848

Net assets acquired

 

$

841,320

 

Schedule of pro forma and historical results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

Third Quarters Ended

 

Nine Months Ended

 

 

April 1,

 

April 2,

    

April 1,

 

April 2,

 

 

2017

 

2016

 

2017

 

2016

 

 

(Thousands, except per share data)

Pro forma sales (unaudited)

 

$

4,441,896

 

$

4,435,214

 

$

13,211,911

 

$

13,787,519

Pro forma net income (unaudited)

 

 

271,771

 

 

144,216

 

 

477,060

 

 

446,943