Acquisition (Tables)

12 Months Ended

Dec. 31, 2014

Acquisition

Schedule of final purchase price allocation

The aggregate purchase price was allocated to the opening balance sheet of Columbus at September 16, 2014, based on the fair value of the acquired assets, assumed liabilities, and identifiable intangible assets (in thousands):

Current assets, net of cash acquired	$	553,255
Property, plant & equipment		1,279,714
Intangible assets		15,000
Goodwill		19,682
Other assets		3,875
Total assets acquired		1,871,526
Liabilities assumed		202,077
Net assets acquired	$	1,669,449

Schedule of identifiable intangible assets related to the acquisition

The identifiable intangible assets related to the acquisition consisted of the following (in thousands):

	Amount		Useful Life
Customer relationships	$	11,000	15 years
Backlogs		4,000	2 months
	$	15,000

Schedule of estimated intangible asset amortization expense

The estimated customer relationships intangible asset amortization expense for the next five years and thereafter follows (in thousands):

2015	$	790
2016		1,038
2017		964
2018		859
2019		753
Thereafter		6,196
Total	$	10,600

Schedule of unaudited pro forma information

The following unaudited pro forma information is presented below as if the Columbus acquisition was completed as of January 1, 2013 (in thousands):

	Years Ended December 31,
	2014		2013
Net Sales	$	10,355,774	$	9,193,344
Net Income attributable to Steel Dynamics, Inc.		264,779		155,357