XML 20 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions Acquisitions (Tables)
 9 Months Ended
Sep. 27, 2014
Business Combinations [Abstract]  
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
$
293,326

Inventory
375,306

Prepaid expense
23,135

Other current assets
3,525

Deferred tax asset
18,242

Property and equipment
1,017,112

Identifiable intangibles
481,278

Goodwill
738,101

Investment in unconsolidated subsidiaries
27,069

Other long term assets
1,101

Accounts payable
(207,746
)
Current portion of long-term debt
(22,399
)
Accrued expenses
(148,580
)
Deferred tax liability
(360,501
)
Long debt obligations
(6,906
)
Other non-current liabilities
(57,409
)
Noncontrolling interests
(99,648
)
Purchase price, net of cash acquired of $91.2 million
$
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
Nine Months Ended
 
September 28, 2013
September 28, 2013
Net sales
$
1,022,910

$
3,097,009

Income from continuing operations
82,378

211,284

Net income
54,637

127,081

Earnings per share
 
 
Basic
$
0.33

$
0.77

Diluted
$
0.33

$
0.77