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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Acquisitions [Abstract]  
Schedule of Investments in Acquisitions [Table Text Block]
The following table illustrates cash paid for acquisitions:
 
For the year ended December 31,
 
2014
 
2013
 
2012
In thousands
 
 
 
 
 
Cash paid for acquisitions completed during the year
$
70,948

 
$
17,284

 
$
74,465

Cash paid for holdback payments during the year
3,060

 
828

 
11,951

Earnout and other payments during the year
3,610

 
50

 
1,205

Total cash paid for acquisitions
$
77,618

 
$
18,162

 
$
87,621

Schedule of Purchase Price Allocation
The assets acquired and liabilities assumed for the 2013 acquisitions were recorded based on their fair value at the date of acquisition as follows (in thousands):
Cash
$
143

Accounts receivable, net
3,122

Inventories
3,423

Property, plant and equipment
446

Other tangible assets
797

Goodwill
9,493

Other intangible assets
4,788

Liabilities
(4,248
)
Total of net assets acquired
17,964

Less cash received
(143
)
Net consideration
$
17,821

The assets acquired and liabilities assumed were recorded based on their fair values at the date of acquisition as follows (in thousands):
Cash
$
11

Accounts receivable
13,332

Inventories
9,614

Property, plant and equipment
850

Other tangible assets
784

Goodwill
37,804

Other intangible assets
16,870

Liabilities
(7,367
)
Net assets acquired
71,898

Less cash received
(11
)
Net consideration
$
71,887