XML 54 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions and Disposals (Tables)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Business Combinations [Abstract]      
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the components of the preliminary purchase price allocations for the fiscal 2014 acquisitions:
 
Tilda
 
Rudi’s
 
Total
Purchase price:
 
 
 
 
 
Cash paid
$
126,340

 
$
50,649

 
$
176,989

Equity issued
148,353

 
11,168

 
159,521

Vendor loan note
32,958

 

 
32,958

 
$
307,651

 
$
61,817

 
$
369,468

Allocation:
 
 
 
 
 
Current assets
$
86,828

 
$
7,399

 
$
94,227

Property, plant and equipment
39,898

 
3,774

 
43,672

Other Assets

 
659

 
659

Identifiable intangible assets
124,549

 
33,130

 
157,679

Assumed liabilities
(92,971
)
 
(6,332
)
 
(99,303
)
Deferred income taxes
(25,936
)
 
(37
)
 
(25,973
)
Goodwill
175,283

 
23,224

 
198,507

 
$
307,651

 
$
61,817

 
$
369,468

The following table summarizes the components of the purchase price allocations for the fiscal 2013 acquisitions:
 
 
UK Ambient Grocery Brands
 
BluePrint
 
Ella’s Kitchen
 
Total
Purchase price:
 
 
 
 
 
 
 
Cash paid
$
273,246

 
$
16,679

 
$
58,437

 
$
348,362

Equity issued
48,061

 
9,525

 
45,050

 
102,636

Fair value of contingent consideration

 
13,491

 

 
13,491

 
$
321,307

 
$
39,695

 
$
103,487

 
$
464,489

Allocation:
 
 
 
 
 
 
 
Current assets
$
29,825

 
$
2,742

 
$
27,749

 
$
60,316

Property, plant and equipment
39,150

 
3,173

 
672

 
42,995

Identifiable intangible assets
118,020

 
18,980

 
49,669

 
186,669

Assumed liabilities
(2,693
)
 
(2,189
)
 
(15,064
)
 
(19,946
)
Deferred income taxes
2,882

 

 
(11,789
)
 
(8,907
)
Goodwill
134,123

 
16,989

 
52,250

 
203,362

 
$
321,307

 
$
39,695

 
$
103,487

 
$
464,489

The following table summarizes the components of the purchase price allocations for the fiscal 2012 acquisitions:
 
 
Daniels
 
Europe’s
Best
 
Cully & Sully
 
Total
Purchase price:
 
 
 
 
 
 
 
Cash paid
$
233,822

 
$
9,513

 
$
13,835

 
$
257,170

Fair value of contingent consideration
15,637

 

 
3,363

 
19,000

 
$
249,459

 
$
9,513

 
$
17,198

 
$
276,170

Allocation:
 
 
 
 
 
 
 
Current assets
$
55,639

 
$
7,157

 
$
1,549

 
$
64,345

Property, plant and equipment
46,799

 

 
35

 
46,834

Identifiable intangible assets
100,290

 
2,706

 
11,693

 
114,689

Other non-current assets, net
1,108

 

 

 
1,108

Assumed liabilities
(46,431
)
 
(184
)
 
(1,342
)
 
(47,957
)
Deferred income taxes
(27,197
)
 
(166
)
 
(1,462
)
 
(28,825
)
Goodwill
119,251

 

 
6,725

 
125,976

 
$
249,459

 
$
9,513

 
$
17,198

 
$
276,170

Unaudited Pro Forma Results Of Operations [Table Text Block]
 
Fiscal Year ended June 30,
 
2014
 
2013
Net sales from continuing operations
 
$
2,310,540

 
$
1,970,371

Net income from continuing operations
 
$
151,534

 
$
139,085

Net income per common share from continuing operations - diluted
 
$
2.97

 
$
2.82

 
Fiscal Year ended June 30,
 
2013
 
2012
Net sales from continuing operations
 
$
1,897,924

 
$
1,695,431

Net income from continuing operations
 
$
137,009

 
$
115,299

Net income per common share from continuing operations - diluted
 
$
2.82

 
$
2.43