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Acquisitions (Tables) (Agila Specialties)
3 Months Ended
Mar. 31, 2014
Agila Specialties
 
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The preliminary allocation of the $1.43 billion purchase price to the assets acquired and liabilities assumed for Agila is as follows:

(In millions)
Preliminary Purchase Price Allocation as of December 4, 2013 (a)
 
Measurement Period Adjustments (b)
 
Preliminary Purchase Price Allocation as of March 31, 2014 (as adjusted)
Current assets (excluding inventories)
$
39.0

 
$
6.5

 
$
45.5

Inventories
45.1

 
(7.8
)
 
37.3

Property, plant and equipment
143.8

 
2.4

 
146.2

Identified intangible assets
280.0

 

 
280.0

In-process research and development
436.0

 

 
436.0

Other assets (including equity method investment)
153.4

 
(0.6
)
 
152.8

Goodwill
884.2

 
48.6

 
932.8

Total assets acquired
1,981.5

 
49.1

 
2,030.6

Current liabilities
(234.7
)
 
(7.3
)
 
(242.0
)
Deferred tax liabilities
(193.2
)
 
(38.0
)
 
(231.2
)
Other non-current liabilities
(119.9
)
 
(3.8
)
 
(123.7
)
Net assets acquired
$
1,433.7

 
$

 
$
1,433.7

____________
(a)    As previously reported in the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.
(b) 
The measurement period adjustments are related to 1) certain working capital adjustments to reflect facts and circumstances existing as of the acquisition date and; 2) adjustments related to deferred taxes to reflect the allocation of assets and liabilities to various legal entities. These adjustments did not have a significant impact on the Company’s previously reported consolidated financial statements and accordingly, the Company has not retrospectively adjusted those financial statements.
Business Acquisition, Pro Forma Information for Agila Acquisition
The following table presents supplemental unaudited pro forma information as if the acquisition of Agila had occurred on January 1, 2012. The unaudited pro forma results reflect certain adjustments related to past operating performance and acquisition accounting adjustments, such as increased amortization expense based on the fair valuation of assets acquired, the impact of acquisition financing, and the related income tax effects. The unaudited pro forma results do not include any anticipated synergies which may be achievable subsequent to the acquisition date. Accordingly, the unaudited pro forma results are not necessarily indicative of the results that actually would have occurred had the acquisition been completed on January 1, 2012, nor are they indicative of the future operating results of the combined company.

 
Three months ended
(In millions, except per share amounts)
March 31,
2013
Total revenues
$
1,693.9

Net earnings attributable to Mylan Inc. common shareholders
$
84.0

Earnings per common share attributable to Mylan Inc. common shareholders
 
Basic
$
0.21

Diluted
$
0.21

Weighted average common shares outstanding:
 
Basic
393.2

Diluted
399.0