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BUSINESS ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2013
BUSINESS ACQUISITIONS [Abstract]  
Estimated fair values of assets acquired and liabilities assumed
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed during 2012 and 2013 in connection with the acquisitions described above (in thousands):

Cash
 $12,374 
Accounts Receivable, net
  50,385 
Inventory
  10,985 
Property and equipment
  38,230 
Goodwill and intangibles
  120,817 
Other assets
  3,402 
Assets acquired
  236,193 
Current liabilities assumed
  (47,243)
Non-current liabilities assumed
  (20,987)
 Net assets acquired
 $167,963 

Pro forma unaudited results of operations
The pro forma unaudited results of operations for the Company on a consolidated basis for the three and six months ended June 30, 2013 and 2012, assuming the acquisition of businesses completed in 2013 and 2012 were consummated as of January 1, 2012 are as follows (in thousands, except per share data):

   
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
   
2013
  
2012
  
2013
  
2012
 
Net sales
 $312,326  $313,222  $625,464  $625,734 
Net income
 $13,834  $12,902  $27,781  $26,275 
Per share data
                
Basic earnings
 $0.96  $0.89  $1.92  $1.82 
Diluted earnings
 $0.91  $0.85  $1.82  $1.73