Business Combinations and Investments, Goodwill and Acquired Intangible Assets (Tables)

3 Months Ended

Apr. 01, 2012

Business Combinations and Investments, Goodwill and Acquired Intangible Assets [Abstract]

Unaudited pro forma financial information

	First Quarter
(unaudited-in millions, except per share amounts)	2011
Net sales	$	492.2
Net income from continuing operations	$	23.9
Net income attributable to Teledyne	$	23.4
Basic earnings per common share – continuing operations	$	0.65
Basic earnings per common share – attributable to Teledyne	$	0.64
Diluted earnings per common share – continuing operations	$	0.64
Diluted earnings per common share– attributable to Teledyne	$	0.63

(a) The above unaudited proforma information is presented for the DALSA acquisition as it is considered a material acquisition.

Estimated fair values of the assets acquired and liabilities

Current assets	$	11.1
Property, plant and equipment		8.0
Goodwill		14.2
Acquired intangible assets		11.9
Other long-term assets		0.1
Current liabilities		(5.1	)
Long-term liabilities		(3.9	)
Net assets acquired	$	36.3