Acquisitions (Tables)

12 Months Ended

Sep. 30, 2014

Acquisition

Schedule of pro forma consolidated revenue and net loss

Unaudited (in thousands)	2012			2013		2014
Revenue	$	670,682		$	784,395	$	827,574
Net income (loss)		(63,095	)		12,387		19,909

Schedule of activity of non-controlling interest

	(in thousands)
Estimated fair value as of acquisition date	$	13,252
Net income attributable to non-controlling interest		774
Dividends		(950	)
Adjustment of estimated redemption value		176
Balance as of September 30, 2014	$	13,252

Kleer Lumber, Inc.

Acquisition

Schedule of estimated fair values of assets acquired and liabilities assumed as of the acquisition date

	(in thousands)
Current assets	$	5,818
Current liabilities		(3,093	)
Property, plant and equipment		4,098
Intangible assets:
Customer relationships (15 year life)		11,100
Trade name (indefinite life)		4,800
Goodwill		20,527
Net assets acquired	$	43,250

Entegra

Acquisition

Schedule of estimated fair values of assets acquired and liabilities assumed as of the acquisition date

	(in thousands)
Current assets	$	8,261
Current liabilities		(3,422	)
Property, plant and equipment		10,589
Intangible assets:
Customer relationships (15 year life)		20,600
Trade name (indefinite life)		6,600
Goodwill		28,156
Net assets acquired		70,784
Less redeemable non-controlling interest		(13,252	)
Net assets attributable to Headwaters	$	57,532

Gerard

Acquisition

Schedule of estimated fair values of assets acquired and liabilities assumed as of the acquisition date

	(in thousands)
Current assets	$	9,195
Current liabilities		(1,869	)
Property, plant and equipment		8,314
Intangible assets:
Customer relationships (15 year life)		4,000
Trade name (indefinite life)		3,900
Goodwill		7,332
Long-term liabilities		(3,906	)
Net assets acquired	$	26,966