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Acquisition (Tables)
9 Months Ended
Sep. 30, 2014
Acquisition  
Schedule of initial allocation of the purchase price

The following initial allocation of the purchase price (in thousands) is preliminary. The accounting for the acquisition has not yet been completed because we have not finalized the valuations of the acquired assets, assumed liabilities and identifiable intangible assets, including goodwill, if any.

 

Current assets, net of cash acquired

 

$

551,255 

 

Property, plant & equipment

 

1,298,065 

 

Intangible assets

 

40,000 

 

Other assets

 

3,682 

 

Total assets acquired

 

1,893,002 

 

 

 

 

 

Liabilities assumed

 

232,735 

 

 

 

 

 

Net assets acquired

 

$

1,660,267 

 

 

 

 

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, except per share amounts):

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Net Sales

 

$

2,853,272 

 

$

2,408,316 

 

$

7,838,681 

 

$

6,855,029 

 

Net Income attributable to Steel Dynamics, Inc.

 

$

137,516 

 

$

57,948 

 

$

299,681 

 

$

84,118