XML 22 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Pro-Forma Financial Statements of Company

The following table indicates the unaudited pro-forma financial statements of the Company for the years ended December 31, 2013 and 2012. The pro-forma financial statements give effect to the acquisition of Paulin as if it had occurred on January 1, 2012:

 

     2013     2012  

Net Sales

   $ 717,571      $ 701,123   

Net Loss

     (1,613     (7,460
Paulin [Member]
 
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

     55,552   

Other current assets

     2,701   

Property and equipment

     16,121   

Goodwill

     11,687   

Intangibles

     18,967   
  

 

 

 

Total assets acquired

     122,287   

Less:

  

Deferred income taxes

     5,437   

Liabilities assumed

     13,434   
  

 

 

 

Total purchase price

   $ 103,416   
  

 

 

 
Ook [Member]
 
Reconciliation of Estimated Fair Value of Acquired Assets and Assumed Liabilities

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

 

Account receivable

   $ 2,186   

Inventory

     2,082   

Deferred income taxes

     854   

Goodwill

     3,765   

Intangibles

     7,690   
  

 

 

 

Total assets acquired

     16,577   

Less:

  

Liabilities assumed

     1,766   
  

 

 

 

Total purchase price

   $ 14,811   
  

 

 

 
TagWorks [Member]
 
Reconciliation of Estimated Fair Value of Acquired Assets and Assumed Liabilities

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

 

Account receivable

   $ 735   

Inventory

     1,086   

Other current assets

     217   

Deferred income taxes

     24   

Property and equipment

     17,403   

Goodwill

     14,996   

Intangibles

     34,840   
  

 

 

 

Total assets acquired

     69,301   

Less:

  

Liabilities assumed

     4,622   
  

 

 

 

Total purchase price

   $ 64,679