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Acquisitions (Tables) - Bras N Things
6 Months Ended
Jun. 30, 2018
Business Acquisition [Line Items]  
Schedule of acquired assets and liabilities assumed
The acquired assets and liabilities as of the date of acquisition (February 12, 2018) include the following:
Cash and cash equivalents
$
2,765

Accounts receivable, net
197

Inventories
9,610

Other current assets
1,637

Property, net
12,013

Trademarks and other identifiable intangibles
278,214

Deferred tax assets and other noncurrent assets
2,539

Total assets acquired
306,975

Accounts payable
4,929

Accrued liabilities and other
16,339

Deferred tax liabilities and other noncurrent liabilities
7,663

Total liabilities assumed
28,931

Net assets acquired
278,044

Goodwill
111,161

Total purchase price
$
389,205

Schedule of components of purchase price
Total purchase price of the Bras N Things acquisition consisted of the following components:
Cash consideration paid
$
337,123

Indemnification escrow asset
25,140

Debt assumed
26,942

Total purchase price
$
389,205

Unaudited pro forma results of operations
Pro forma operating results for the quarter and six months ended July 1, 2017 include expenses totaling $307 and $1,436 respectively, for acquisition-related adjustments primarily related to inventory and intangible assets.
 
Quarter Ended
 
Six Months Ended
 
June 30,
2018
 
July 1,
2017
 
June 30,
2018
 
July 1,
2017
Net sales
$
1,715,443

 
$
1,673,533

 
$
3,205,007

 
$
3,080,706

Net income from continuing operations
141,395

 
172,226

 
223,586

 
248,300

Earnings per share from continuing operations:
 
 
 
 
 
 
 
Basic
$
0.39

 
$
0.47

 
$
0.62

 
$
0.67

Diluted
0.39

 
0.47

 
0.62

 
0.67