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Acquisitions (Tables)
6 Months Ended
Jan. 26, 2013
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The purchase price of the Acquired Subsidiaries is allocated on a preliminary basis as follows and reflects the elimination of intercompany balances (dollars in millions):
Assets
 
Cash and equivalents
$
0.2

Accounts receivable, net
113.2

Costs and estimated earnings in excess of billings
61.4

Inventories
9.0

Other current assets
1.7

Property and equipment
31.9

Goodwill
88.1

Intangibles - customer relationships
71.5

Intangibles - backlog
14.4

Intangibles - trade names
5.2

Other assets
0.6

Total assets
397.2

 
 
Liabilities
 
Accounts payable
41.4

Billings in excess of costs and estimated earnings
10.3

Accrued and other liabilities
25.8

Total liabilities
77.5

 
 
Net Assets Acquired
$
319.7

Business Acquisition, Pro Forma Information
 
For the Three Months Ended
 
For the Six Months Ended
 
January 26, 2013
 
January 28, 2012
 
January 26, 2013
 
January 28, 2012
 
(Dollars in thousands, except per share amounts)
Revenue
$
421,588

 
$
383,316

 
$
921,254

 
$
857,143

Income (loss) before income taxes
$
7,546

 
$
(339
)
 
$
44,049

 
$
15,140

Net income (loss)
$
4,528

 
$
(203
)
 
$
26,430

 
$
9,084

 
 
 
 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.14

 
$
(0.01
)
 
$
0.80

 
$
0.27

Diluted
$
0.14

 
$
(0.01
)
 
$
0.79

 
$
0.26