ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed

For the Mors Smitt, Tec Tran, Winco, LH and Napier acquisitions, the following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the date of the acquisition.

	Transdyne	Napier	LH	Winco	Tec Tran	MorsSmitt
In thousands	February 26, 2013	January 31, 2013	October 1, 2012	July31, 2012	July13, 2012	June14, 2012
Current assets	$1,062	$17,362	$19,126	$1,584	$1,955	$23,787
Property, plant& equipment	83	5,527	5,553	47	116	10,530
Goodwill and other intangible assets	1,483	99,883	39,033	7,401	6,717	79,298
Other assets	—	—	—	—	—	944
Total assets acquired	2,628	122,772	63,712	9,032	8,788	114,559
Total liabilities assumed	(226)	(10,431)	(15,592)	(5,376)	(470)	(24,571)
Net assets acquired	$2,402	$112,341	$48,120	$3,656	$8,318	$89,988

Pro Forma Financial Information

The following unaudited pro forma financial information presents income statement results as if the acquisitions listed above had occurred on January1, 2012:

In thousands	ThreeMonthsEnded March 31, 2013	ThreeMonthsEnded March 31,2012
Net sales	$620,325	$                632,366
Gross profit	184,523	185,855
Net income attributable to Wabtec shareholders	70,513	64,779
Diluted earnings per share
As Reported	$1.44	$                      1.22
Pro forma	$1.46	$                      1.34