Acquisitions (Tables)

6 Months Ended

Jun. 30, 2011

Acquisitions

Total purchase price for the acquisition

in thousands)
Cash consideration	$	1,210,491
Assumption of liabilities of seller	7,092
	$	1,217,583

Estimated fair values of assets acquired and liabilities assumed at the acquisition date

	March 1,
(in thousands)	2010
Cash and cash equivalents	$	22,090
Accounts receivable, net	145,874
Inventories	179,536
Prepaid expenses and other current assets	8,291
Working capital of discontinued operations	8,452
Property and equipment	458,846
Goodwill	353,296
Other intangible assets	130,300
Long-term assets of discontinued operations	63,985
Other long-term assets	19,693
Accounts payable	(125,678		)
Accrued salaries and wages	(12,088		)
Accrued income and other taxes	139
Deferred income taxes	(2,921		)
Long-term liabilities	(32,232		)
	$	1,217,583

Fair values and useful lives assigned to the acquired identifiable intangible assets

(in thousands)	Useful Life	Fair Value
Customer relationships	20 years	$	87,300
Technology	15 years	39,700
Order backlog	One month	3,300
Total		$	130,300

Pro forma financial information

	Three Months Ended		Six Months Ended
(in thousands)	June 30, 2010		June 30, 2010
Net sales
Pro forma	$	1,270,215	$	2,487,858
As reported	1,270,215		2,291,944
Net income attributable to Bemis Company, Inc.
Pro forma	$	61,943	$	97,258
As reported	59,639		90,422
Diluted earnings per share
Pro forma	$	0.56	$	0.87
As reported	0.54		0.81