Fair Values of the Business Combinations and Allocations for the Acquisitions Completed |
In addition to the information provided above for the Caliper acquisition, the components of the fair values of the business combinations and allocations for all other acquisitions completed in fiscal year 2011 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | chemagen | | ArtusLabs | | IDB | | CambridgeSoft | | Geospiza | | Labtronics | | Dexela | | (In thousands) | Fair value of business combination: | Cash payments | $ | 33,873 |
| | $ | 15,232 |
| | $ | 7,664 |
| | $ | 227,373 |
| | $ | 13,250 |
| | $ | 11,389 |
| | $ | 24,800 |
| Fair values of stock options assumed | — |
| | — |
| | — |
| | 1,417 |
| | — |
| | — |
| | — |
| Contingent consideration | 7,723 |
| | 7,475 |
| | 326 |
| | — |
| | — |
| | — |
| | 4,600 |
| Working capital and other adjustments | 762 |
| | — |
| | — |
| | (4,156 | ) | | 729 |
| | 29 |
| | 1,251 |
| Less: cash acquired | (901 | ) | | (125 | ) | | (27 | ) | | (23,621 | ) | | (1 | ) | | (207 | ) | | (2,041 | ) | Total | $ | 41,457 |
| | $ | 22,582 |
| | $ | 7,963 |
| | $ | 201,013 |
| | $ | 13,978 |
| | $ | 11,211 |
| | $ | 28,610 |
| Identifiable assets acquired and liabilities assumed: | Current assets | $ | 2,288 |
| | $ | 199 |
| | $ | 635 |
| | $ | 10,752 |
| | $ | 204 |
| | $ | 925 |
| | $ | 1,854 |
| Property, plant and equipment | 290 |
| | 7 |
| | 699 |
| | 462 |
| | — |
| | 70 |
| | 133 |
| Identifiable intangible assets: | | | | | | | | | | | | | | Core technology | 6,910 |
| | 4,550 |
| | — |
| | 17,300 |
| | 1,960 |
| | 1,404 |
| | 3,600 |
| Trade names | 542 |
| | — |
| | — |
| | 2,800 |
| | — |
| | 32 |
| | — |
| Licenses | — |
| | — |
| | — |
| | — |
| | — |
| | — |
| | 3,000 |
| Customer relationships | 4,877 |
| | — |
| | 2,610 |
| | 80,100 |
| | 1,900 |
| | 1,823 |
| | 5,600 |
| IPR&D | 2,439 |
| | 200 |
| | — |
| | 1,200 |
| | — |
| | — |
| | — |
| Goodwill | 29,347 |
| | 18,115 |
| | 4,657 |
| | 148,577 |
| | 9,838 |
| | 8,520 |
| | 17,519 |
| Deferred taxes | (4,402 | ) | | (46 | ) | | — |
| | (38,939 | ) | | 765 |
| | (975 | ) | | (1,420 | ) | Deferred revenue | — |
| | (297 | ) | | — |
| | (9,504 | ) | | (380 | ) | | (315 | ) | | — |
| Liabilities assumed | (834 | ) | | (146 | ) | | (638 | ) | | (11,735 | ) | | (309 | ) | | (273 | ) | | (1,676 | ) | Total | $ | 41,457 |
| | $ | 22,582 |
| | $ | 7,963 |
| | $ | 201,013 |
| | $ | 13,978 |
| | $ | 11,211 |
| | $ | 28,610 |
|
The components of the fair values of the business combinations and allocations for the acquisitions completed in fiscal year 2010 are as follows: |
Business Acquisition, Pro Forma Information |
The following unaudited pro forma information presents the combined financial results for the Company and Caliper as if the acquisition of Caliper had been completed at the beginning of the prior period: | | | | | | | | | | January 1, 2012 | | January 2, 2011 | | (In thousands) | Pro Forma Statement of Operations Information (Unaudited): | | | | Revenue | $ | 2,042,730 |
| | $ | 1,821,435 |
| Net (loss) income from continuing operations | (25,854 | ) | | 85,961 |
| Basic (loss) earnings per share: | | | | Continuing operations | $ | (0.23 | ) | | $ | 0.73 |
| Diluted (loss) earnings per share: | | | | Continuing operations | $ | (0.23 | ) | | $ | 0.73 |
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Fair Values of the Business Combinations and Allocations for the Acquisitions Completed |
The total purchase price has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows: | | | | | | Caliper (Preliminary) | | (In thousands) | Fair value of business combination: | | Cash payments | $ | 646,317 |
| Less: cash acquired | (43,576 | ) | Total | $ | 602,741 |
| Identifiable assets acquired and liabilities assumed: | | Current assets | $ | 55,756 |
| Property, plant and equipment | 14,580 |
| Identifiable intangible assets: | | Core technology | 52,000 |
| Trade names | 14,200 |
| Licenses | 18,000 |
| Customer relationships | 93,000 |
| Goodwill | 352,494 |
| Deferred taxes | 54,068 |
| Deferred revenue | (7,825 | ) | Liabilities assumed | (43,532 | ) | Total | $ | 602,741 |
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