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ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2012
Purchase Price Allocation

The purchase price allocation, which has not been finalized, is as follows:

 

Fair value of assets acquired:       

Current assets, excluding inventories

   $ 17,491   

Inventories

     21,264   

Property, plant, and equipment

     65,639   

Other assets

     1,780   

Intangible assets:

  

Customer relationships

     19,300   

Developed technologies

     9,400   

Backlog

     1,100   

Trade name

     7,600   

Goodwill

     81,658   

Fair value of liabilities assumed:

  

Current liabilities

     15,489   

Deferred tax liabilities

     25,172   

Capital leases, less current portion

     2,016   
  

 

 

 

Net assets acquired

   $ 182,555   
  

 

 

 
Remmele [Member]
 
Business Acquisition Supplemental Pro forma Information

The amount of Remmele’s net sales and earnings included in the Company’s Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2012, and the net sales and earnings of the combined entity had the acquisition date been January 1, 2011, are as follows:

 

     Three Months Ended      Nine Months Ended  
     September 30,      September 30,  
     2012      2011      2012      2011  

Net sales:

           

Actual – Remmele

   $ 33,272       $       $ 83,094       $   

Supplemental pro forma – consolidated

   $ 189,075       $ 174,329       $ 554,865       $ 482,276   

Net income:

           

Actual – Remmele

   $ 1,158       $       $ 1,821       $   

Earnings per share (diluted)

   $ 0.04       $       $ 0.06       $   

Supplemental pro forma – consolidated

   $ 6,312       $ 3,763       $ 18,722       $ 8,042   

Earnings per share (diluted)

   $ 0.21       $ 0.12       $ 0.62       $ 0.27   
RTI Advanced Forming [Member]
 
Purchase Price Allocation

The purchase price allocation, which has been finalized, is as follows:

 

Assets purchased:       

Current assets, excluding inventory

   $ 5,186   

Inventories

     6,671   

Plant and equipment

     6,262   

Intangible assets:

  

Customer relationships

     5,913   

Developed technologies

     3,890   

Goodwill

     14,559   

Liabilities assumed:

  

Current liabilities

     2,613   

Deferred tax liabilities

     3,614   

Other liabilities

     186   
  

 

 

 

Net assets acquired

   $ 36,068