Acquisitions Acquisitions (Tables)

6 Months Ended

Jun. 28, 2014

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed in the VION Acquisition as of January 7, 2014 (unaudited) (in thousands):



Accounts receivable	$	318,272
Inventory	375,306
Deferred tax asset	18,852
Property and equipment	1,017,112
Identifiable intangibles	481,278
Goodwill	740,573
Investment in unconsolidated subsidiaries	27,069
Other long term assets	1,101
Accounts payable	(337,437		)
Current portion of long-term debt	(22,399		)
Accrued expenses	(17,310		)
Deferred tax liability	(361,861		)
Long debt obligations	(6,906		)
Other non-current liabilities	(58,996		)
Noncontrolling interests	(99,648		)
Purchase price, net of cash acquired	$	2,075,006

Business Acquisition, Pro Forma Information

The following table presents selected pro forma information, for comparative purposes, assuming the Rothsay Acquisition and the VION Acquisition had occurred on December 30, 2012 for the periods presented (unaudited) (in thousands, except per share data):



	Three Months Ended		Six Months Ended
	June 29, 2013		June 29, 2013
Net sales	$	1,036,230	$	2,073,834
Income from continuing operations	64,305		141,146
Net income	38,684		84,713
Earnings per share
Basic	$	0.23	$	0.51
Diluted	$	0.23	$	0.51