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Acquisitions of Businesses (Tables)
6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
Revenues contributed by the Arysta, CAS and Agriphar Acquisitions for the three and six months ended June 30, 2015 were as follows:
 (amounts in millions)
Three Months Ended June 30, 2015
 
Six Months Ended June 30, 2015
Arysta
$
341.9

 
$
519.4

CAS
105.2

 
208.6

Agriphar
46.4

 
120.0

Total
$
493.5

 
$
848.0

As the integration of the Arysta, CAS and Agriphar Acquisitions continues, discrete revenues reported by the businesses are being effected by the integration process. and are becoming less comparable to prior periods.
Arysta, CAS and Agriphar Acquisitions had net (loss) income for the three and six months ended June 30, 2015 as follows:
 (amounts in millions)
Three Months Ended June 30, 2015
 
Six Months Ended June 30, 2015
Arysta
$
(61.5
)
 
$
(65.8
)
CAS
0.9

 
(27.5
)
Agriphar
4.2

 
22.4

Total
$
(56.4
)
 
$
(70.9
)
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the consideration transferred and transaction related costs incurred to acquire Arysta, CAS and Agriphar and the applicable amounts of identified assets acquired and liabilities assumed at the acquisition date:
 (amounts in millions)
Arysta
 
CAS
 
Agriphar
Consideration
 
 
 
 
 
Cash, net
$
2,856.2

 
$
983.1

 
$
350.2

Equity Instruments
645.9

 
52.0

 
16.6

Derivative liability

 

 
3.5

Total Consideration
3,502.1

 
1,035.1

 
370.3

 
 
 
 
 
 
Transaction related costs
34.2

 
43.7

 
5.0

 
 
 
 
 
 
Identifiable Assets acquired and Liabilities Assumed
 
 
 
 
 
Accounts receivable
675.5

 
154.2

 
60.1

Inventories
294.8

 
132.1

 
42.7

Other current assets
132.2

 
19.1

 
0.4

Property, plant and equipment
110.0

 
24.8

 
31.7

Identifiable intangible assets
1,639.0

   
534.0

  
183.0

Other assets
38.2

 
21.5

 
4.5

Current Liabilities
(570.4
)
 
(69.7
)
 
(47.5
)
Non-current deferred tax liability
(489.5
)
 
(26.7
)
 
(64.9
)
Other long term liabilities
(74.2
)
 
(13.4
)
 
(9.0
)
Non-controlling interest
(24.6
)
 

 

Total identifiable net assets
1,731.0

 
775.9

 
201.0

 
 
 
 
 
 
Goodwill
1,771.1

 
259.2

 
169.3

 
 
 
 
 
 
Total purchase price
$
3,502.1

   
$
1,035.1

  
$
370.3

Business Acquisition, Pro Forma Information
The following unaudited pro forma summary presents consolidated information of the Company for the three and six months ended June 30, 2015 and 2014, as if the Arysta Acquisition had occurred on January 1, 2014:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 (amounts in millions)
2015
 
2014
 
2015
 
2014
Revenue
$
675.1

 
$
591.5

 
$
1,297.4

 
$
1,080.6

Net income (loss) attributable to stockholders
$
4.4

 
$
(34.4
)
 
$
(41.5
)
 
$
(112.0
)