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Background and Nature of Operations - Purchase Price (Detail) (Tyco Flow Control International, Ltd, USD $)
In Thousands, unless otherwise specified
Sep. 28, 2012
Tyco Flow Control International, Ltd
 
Business Combination Allocation of Purchase Price [Line Items]  
Value of replacement equity-based awards to holders of Tyco equity-based awards $ 119,832 [1]
Value of common shares issued to Tyco shareholders 4,811,363 [2]
Cash paid to Tyco in settlement of working capital and net indebtedness calculation 84,399 [3]
Cash paid to Tyco shareholders in lieu of fractional common shares 542 [4]
Purchase Price $ 5,016,136
[1] In accordance with applicable accounting guidance, the fair value of replacement equity-based awards attributable to pre-combination service is recorded as part of the consideration transferred in the Merger, while the fair value of replacement equity-based awards attributable to post-combination service is recorded separately from the business combination and recognized as compensation cost in the post-acquisition period over the remaining service period. The fair value of our equivalent stock options was estimated using the Black-Scholes valuation model utilizing various assumptions.
[2] Equals 110,886,444 Pentair Ltd. shares distributed to Tyco shareholders multiplied by the Merger date share price of $43.39.
[3] In June 2013, cash was paid to Tyco in settlement of the working capital and net indebtedness adjustment.
[4] Equals cash paid to Tyco shareholders in lieu of 12,490 Pentair Ltd. fractional shares multiplied by the Merger date share price of $43.39.