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ACQUISITIONS
9 Months Ended
Sep. 30, 2015
Business Combinations [Abstract]  
ACQUISITIONS
ACQUISITIONS
On February 3, 2014, the Company acquired Holly Hunt Enterprises, Inc. (“HOLLY HUNT®”). The acquisition advances the Company's strategy of building its global capability as a resource for high-design workplaces and homes, including the commercial contract, decorator to-the-trade and consumer markets. The aggregate purchase price for the acquisition was $95.0 million, plus certain contingent payouts of up to $16.0 million. Of the $16.0 million of contingent payouts, $5.0 million was paid in the three months ended March 31, 2015. The remaining contingent payouts, if earned based on future performance of the business, are expected to be paid in 2016 and 2017. The purchase price was funded from borrowings under the Company's revolving credit facility. The Company has recorded the acquisition of HOLLY HUNT® using the acquisition method of accounting and has recognized the assets acquired and liabilities assumed at their fair values as of the date of the acquisition. The Company finalized the purchase accounting for the acquisition of HOLLY HUNT® during the three months ended March 31, 2015 as no additional adjustments were made from the fair values assigned since December 31, 2014.