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Business Combination (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition

The purchase price for BCD and related costs were estimated as follows:

 

Purchase price (cost of shares)

 

$

154,735

 

Acquisition related costs (included in selling, general and

   administrative expenses)

 

 

2,075

 

Total purchase price

 

$

156,810

 

 

Schedule of Purchase Price Allocation

The following summarizes the allocation of the purchase price to the fair value of the assets acquired and liabilities assumed at the date of acquisition:

 

 

March 1, 2013

 

 

Acquisition

 

 

Method

 

Assets acquired:

 

 

 

Cash and cash equivalents

$

29,819

 

Accounts receivable, net

 

20,862

 

Inventory

 

42,909

 

Prepaid expenses and other current assets

 

27,205

 

Property, plant and equipment, net

 

99,390

 

Deferred tax assets

 

1,612

 

Other long-term assets

 

5,497

 

Other intangible assets

 

17,200

 

Goodwill

 

2,518

 

Total assets acquired

$

247,012

 

 

 

 

 

Liabilities assumed:

 

 

 

Lines of credit

$

17,336

 

Accounts payable

 

34,758

 

Accrued liabilities and other

 

16,703

 

Deferred tax liability

 

5,055

 

Other liabilities

 

18,425

 

Total liabilities assumed

 

92,277

 

Total net assets acquired, net of cash acquired

$

154,735

 

 

Business Acquisition, Pro Forma Information

The following unaudited pro forma consolidated results of operations for the year ended December 31, 2013 have been prepared as if the acquisition of BCD had occurred at January 1, 2012:

 

 

Twelve Months Ended

 

 

December 31,

 

 

2013

 

Net revenues

$

847,947

 

Net income attributable to common stockholders

$

25,513

 

Earnings per share—Basic

$

0.55

 

Earnings per share—Diluted

$

0.54