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Acquisitions (Tables)
9 Months Ended 12 Months Ended
Mar. 31, 2012
Jun. 30, 2011
Business Acquisition, Cost of Acquired Entity [Abstract]    
Components Of Preliminary Purchase Price Allocations
The following table summarizes the components of the preliminary purchase price allocations for the fiscal 2012 acquisitions:
 
 
Daniels
 
Europe’s
Best
 
Total
Purchase price:
 
 
 
 
 
Cash paid
$
233,822

 
$
9,513

 
$
243,335

Fair value of contingent consideration
15,637

 

 
15,637

 
$
249,459

 
$
9,513

 
$
258,972

Allocation:
 
 
 
 
 
Current assets
$
55,742

 
$
7,157

 
$
62,899

Property, plant and equipment
46,799

 

 
46,799

Identifiable intangible assets
106,784

 
2,706

 
109,490

Other non-current assets, net
1,108

 

 
1,108

Assumed liabilities
(46,430
)
 
(184
)
 
(46,614
)
Deferred income taxes
(30,982
)
 
(166
)
 
(31,148
)
Goodwill
116,438

 

 
116,438

 
$
249,459

 
$
9,513

 
$
258,972

The following table summarizes the components of the purchase price allocations for the fiscal 2011 acquisitions:
 
 
Greek Gods
 
GG
UniqueFiber
 
Danival
 
Total
Purchase price:
 
 
 
 
 
 
 
Cash paid
$
16,277

 
$
4,281

 
$
24,741

 
$
45,299

Equity issued
4,785

 

 

 
4,785

Fair value of contingent consideration
22,900

 
3,050

 

 
25,950

 
$
43,962

 
$
7,331

 
$
24,741

 
$
76,034

Allocation:
 
 
 
 
 
 
 
Current assets
$
2,172

 
$
429

 
$
7,320

 
$
9,921

Property, plant and equipment

 
673

 
3,049

 
3,722

Identifiable intangible assets
18,800

 
2,116

 
12,587

 
33,503

Assumed liabilities
(696
)
 
(527
)
 
(5,239
)
 
(6,462
)
Deferred income taxes

 
(253
)
 
(2,118
)
 
(2,371
)
Goodwill
23,686

 
4,893

 
9,142

 
37,721

 
$
43,962

 
$
7,331

 
$
24,741

 
$
76,034

Unaudited Pro Forma Results Of Operations
The adjustments include amortization expense associated with acquired identifiable intangible assets, interest expense associated with bank borrowings to fund the acquisitions and elimination of transactions costs incurred in fiscal 2012 and 2011 that are directly related to the transactions and do not have a continuing impact on operating results from continuing operations.
 
 
Three months ended
 
Nine months ended
 
March 31,
2012
 
March 31,
2011
 
March 31,
2012
 
March 31,
2011
Net sales from continuing operations
$
379,357

 
$
356,101

 
$
1,103,918

 
$
1,025,066

Net income from continuing operations
$
25,590

 
$
19,871

 
$
59,799

 
$
48,901

Net income per common share from continuing operations - diluted
$
0.56

 
$
0.44

 
$
1.31

 
$
1.10