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Business Acquisitions (Tables)
12 Months Ended
Aug. 31, 2014
Business Combinations [Abstract]  
Summary of Fair Value of Assets Acquired and Liabilities Assumed

The following table (in thousands) summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition.

 

     As reported at
August 31, 2013
    Adjustments     August 31, 2014  

Cash

   $ 77,384      $ (12 ) (a)    $ 77,372   

Other current assets

     343,446        (648 ) (a)      342,798   

Property, plant and equipment

     282,599        (5,986 ) (b)     276,613   

Intangible assets

     196,800        7,900  (b)      204,700   

Goodwill

     335,871        34,696  (c)      370,567   

Other assets

     28,304        (1,745 ) (a)      26,559   

Current liabilities

     (322,397     (361 ) (a)      (322,758

Long-term deferred tax liability

     (153,030     (15,810 ) (a)      (168,840

Other liabilities

     (72,906     3,628  (a)      (69,278

Noncontrolling interests

     (36,548     (5,162 ) (b)      (41,710
  

 

 

   

 

 

   

 

 

 

Net assets acquired

   $ 679,523      $ 16,500      $ 696,023   
  

 

 

   

 

 

   

 

 

 

 

(a) Adjustment related to the fair value of identifiable assets and liabilities
(b) Adjustment based on final valuation results
(c) Adjustment based on finalization of provisional amounts previously recorded in (a) and (b)
Schedule of Proforma Business Acquisition

The following unaudited pro forma financial information for the fiscal years ended August 31, 2013 and 2012 represent the combined results of the Company’s operations as if the Nypro acquisition had occurred on September 1, 2011 (in thousands, except earnings per share).

 

     Pro forma
Fiscal Year Ended August 31,
 
     2013      2012  

Net revenue

   $ 18,150,599       $ 17,263,831   

Net income

   $ 237,119       $ 408,315   

Earnings per share, basic

   $ 1.17       $ 1.98   

Earnings per share, diluted

   $ 1.14       $ 1.93