Acquisitions (Tables) - Rockwood Holdings, Inc.

12 Months Ended

Dec. 31, 2015

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following table summarizes the consideration paid for Rockwood and the amounts of the assets acquired and liabilities assumed as of the acquisition date, which have been allocated on a preliminary basis (in thousands):

Total purchase price	$	5,725,321
Net assets acquired:
Cash and cash equivalents	$	1,555,139
Trade and other accounts receivable	262,947
Inventories	290,326
Other current assets	86,267
Property, plant and equipment	1,377,249
Investments	529,453
Other assets	25,538
Definite-lived intangible assets:
Patents and technology	227,840
Trade names and trademarks	258,740
Customer lists and relationships	1,264,227
Indefinite-lived intangible assets:
Trade names and trademarks	104,380
Other	26,410
Current liabilities	(406,513		)
Long-term debt	(1,319,132		)
Pension benefits	(316,086		)
Other noncurrent liabilities	(195,052		)
Deferred income taxes	(845,965		)
Noncontrolling interests	(17,582		)
Total identifiable net assets	2,908,186
Goodwill	2,817,135
Total net assets acquired	$	5,725,321

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma results of operations of the Company for the years ended December 31, 2015 and 2014 assume that the Merger occurred on January 1, 2014. The pro forma amounts include certain adjustments, including interest expense, depreciation, amortization expense and income taxes. The pro forma amounts for the years ended December 31, 2015 and 2014 were adjusted to exclude approximately $137.7 million and $23.6 million, respectively, of nonrecurring acquisition and integration related costs. Additionally, pro forma amounts for the year ended December 31, 2015 were adjusted to exclude approximately $103.0 million of charges related to the utilization of the inventory markup as further described in Note 25, “Segment and Geographic Area Information.” The 2014 pro forma results do not include adjustments related to cost savings or other synergies that are anticipated as a result of the Merger. Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred as of January 1, 2014, nor are they indicative of future results of operations.

	Year Ended December 31,
	2015		2014
	(in thousands, except per share amounts)
Pro forma Net sales	$	3,684,665	$	3,870,428
Pro forma Net income from continuing operations	$	527,997	$	353,313
Pro forma Net income from continuing operations per share:
Basic	$	4.75	$	3.13
Diluted	$	4.73	$	3.12