Acquisitions and Purchase Accounting (Tables)

6 Months Ended

Jun. 30, 2012

Beech

Schedule of Business Acquisitions, by Acquisition

The final allocation of cash paid for the Beech acquisition is summarized as follows (in thousands):

	(as initially reported) Apr 12, 2011			Measurement Period Adjustments			(as adjusted) Apr 12, 2011
Cash	$	525		$	—		$	525
Current assets	1,145			(299		)	846
Property, plant and equipment	57			—			57
Goodwill	11,433			(192		)	11,241
Other intangibles	2,317			(294		)	2,023
Current liabilities	(1,100		)	(41		)	(1,141		)
Other non-current liabilities	(893		)	826			(67		)
Net assets acquired and liabilities assumed	13,484			—			13,484

Lincat

Schedule of Business Acquisitions, by Acquisition

The final allocation of cash paid for the Lincat acquisition is summarized as follows (in thousands): 

	(as initially reported) May 27, 2011			Measurement Period Adjustments			(as adjusted) May 27, 2011
Cash	$	12,392		$	—		$	12,392
Current assets	16,992			(29		)	16,963
Property, plant and equipment	14,368			—			14,368
Goodwill	45,765			(7,274		)	38,491
Other intangibles	31,343			1,976			33,319
Current liabilities	(10,924		)	1,174			(9,750		)
Long-term deferred tax liability	(13,803		)	4,153			(9,650		)
Other non-current liabilities	(1,611		)	—			(1,611		)
Net assets acquired and liabilities assumed	$	94,522		$	—		$	94,522

Danfotech

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): 

	(as initially reported) July 5, 2011			Measurement Period Adjustments			(as adjusted) July 5, 2011
Cash	$	165		$	—		$	165
Current assets	1,073			(370		)	703
Property, plant and equipment	102			(55		)	47
Goodwill	3,423			2,543			5,966
Other intangibles	1,864			(778		)	1,086
Other assets	4			—			4
Current liabilities	(309		)	(807		)	(1,116		)
Long-term deferred tax liability	(46		)	(144		)	(190		)
Other non-current liabilities	—			(750		)	(750		)
Consideration paid at closing	$	6,276		$	(361	)	$	5,915
Additional assets acquired post closing	—			730			730
Contingent consideration	1,500			—			1,500
Net assets acquired and liabilities assumed	$	7,776		$	369		$	8,145

Maurer

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): 

	(as initially reported) July 22, 2011			Measurement Period Adjustments			(as adjusted) July 22, 2011
Current assets	$	1,673		$	(668	)	$	1,005
Property, plant and equipment	628			—			628
Goodwill	870			350			1,220
Other intangibles	922			—			922
Current liabilities	(246		)	(264		)	(510		)
Net assets acquired and liabilities assumed	$	3,847		$	(582	)	$	3,265

Auto-Bake

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): 

	(as initially reported) Aug 1, 2011			Measurement Period Adjustments			(as adjusted) Aug 1, 2011
Cash	$	110		$	—		$	110
Current assets	3,209			47			3,256
Property, plant and equipment	477			—			477
Goodwill	16,259			1,865			18,124
Other intangibles	6,784			(2,726		)	4,058
Other assets	336			(11		)	325
Current liabilities	(2,506		)	8			(2,498		)
Long-term deferred tax liability	(2,035		)	817			(1,218		)
Net assets acquired and liabilities assumed	$	22,634		$	—		$	22,634

Drake

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):

	(as initially reported) Dec 2, 2011			Measurement Period Adjustments		(as adjusted) Dec 2, 2011
Cash	$	427		$	—	$	427
Current assets	4,245			—		4,245
Deferred tax asset	390			—		390
Property, plant and equipment	1,773			—		1,773
Goodwill	15,237			403		15,640
Other intangibles	5,810			—		5,810
Other assets	9			—		9
Current liabilities	(3,334		)	—		(3,334		)
Long-term deferred tax liability	(2,395		)	—		(2,395		)
Net assets acquired and liabilities assumed	$	22,162		$	403	$	22,565

Armor Inox

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands):

	(as initially reported) Dec 21, 2011			Measurement Period Adjustments			(as adjusted) Dec 21, 2011
Cash	$	18,201		$	—		$	18,201
Current assets	14,612			(875		)	13,737
Property, plant and equipment	941			489			1,430
Goodwill	23,789			386			24,175
Other intangibles	12,155			—			12,155
Other assets	25			—			25
Current liabilities	(18,440		)	—			(18,440		)
Long-term deferred tax liability	(3,975		)	—			(3,975		)
Other non-current liabilities	(450		)	—			(450		)
Net assets acquired and liabilities assumed	$	46,858		$	—		$	46,858

Baker

Schedule of Business Acquisitions, by Acquisition

The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): 

	(as initially reported) Mar 14, 2012			Measurement Period Adjustments			(as adjusted) Mar 14, 2012
Current assets	$	4,617		$	(736	)	$	3,881
Property, plant and equipment	221			—			221
Goodwill	5,797			(14		)	5,783
Other Intangibles	—			750			750
Current Liabilities	(385		)	—			(385		)
Net assets acquired and liabilities assumed	$	10,250		$	—		$	10,250