ACQUISITIONS (Tables)

6 Months Ended

Mar. 31, 2018

Business Acquisition, Pro Forma Information

The following unaudited proforma summary from continuing operations presents consolidated information as if the Company acquired ClosetMaid on October 1, 2016:

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The calculation of the preliminary purchase price allocation, which is pending finalization of tax-related items and completion of the related final valuation, is as follows:




Accounts receivable ⁽¹⁾	$	32,234
Inventories ⁽²⁾	28,422
Property, plant and equipment	48,171
Goodwill	69,408
Intangible assets	74,580
Other current and non-current assets	3,852
Total assets acquired	256,667

Accounts payable and accrued liabilities	68,218
Long-term liabilities	2,720
Total liabilities assumed	70,938
Total	$	185,729

Schedule of Goodwill And Intangible Assets Acquired as Part of Business Combination

The amounts assigned to goodwill and major intangible asset classifications, all of which are tax deductible, for the ClosetMaid acquisition are as follows:



			Average Life (Years)
Goodwill	$	69,408	N/A
Indefinite-lived intangibles	47,740		N/A
Definite-lived intangibles	26,840		21
Total goodwill and intangible assets	$	143,988

Proforma
For the three months ended March 31, 2017
(unaudited)

Proforma
For the six months ended March 31, 2017
(unaudited)

Income from continuing operations