Acquisitions (Tables)

6 Months Ended

Jun. 30, 2013

Reconciliation of Estimated Fair Value of Acquired Assets and Assumed Liabilities

The following table reconciles the estimated fair value of the acquired assets and assumed liabilities to the total purchase price of the Paulin Acquisition:


Accounts receivable	$	17,259
Inventory		55,051
Other current assets		2,656
Property and equipment		14,937
Goodwill		12,970
Intangibles		18,814

Total assets acquired		121,687
Less:
Deferred income taxes		5,832
Liabilities assumed		12,439

Total purchase price	$	103,416

Summary of Pro-Forma Financial Statements of Company

The following table indicates the pro-forma financial statements of the Company for the three and six months ended June 30, 2013 and 2012. The pro-forma financial statements give effect to the acquisition of Paulin as if it had occurred on January 1, 2012:


	(Unaudited) Three Months Ended June 30, 2013		(Unaudited) Six Months Ended June 30, 2013			(Unaudited) Three Months Ended June 30, 2012		(Unaudited) Six Months Ended June 30, 2012
Net Sales	$	192,711	$	352,560		$	189,916	$	353,962
Net Income		4,663		(387	)		2,951		97