Business Acquisitions and Investments (Tables)

3 Months Ended

Mar. 31, 2013

Business Acquisitions and Investments [Abstract]

Allocation of purchase price to assets acquired and liabilities assumed

The allocation of purchase price to assets acquired and liabilities assumed is based upon their fair values.  The following table presents the allocation of purchase price to assets acquired and liabilities assumed (in thousands):

Purchase price:				$	38,594
Assets acquired and liabilities assumed:
Receivables	$	9,114
Inventory		22,736
Other current assets		60
Property, plant and equipment, net		1,427
Intangible assets		8,870
Goodwill		9,703
Current liabilities		(13,316	)
Net assets acquired				$	38,594

Supplemental unaudited pro forma financial information

Supplemental unaudited pro forma financial information for the acquisitions is as follows (in thousands):

	March 31, 2013				March 31, 2012
	Reported		Pro Forma		Reported		Pro Forma
Net sales	$	230,708	$	231,023	$	211,711	$	225,214
Net earnings		9,174		9,291		5,194		5,763