Acquisitions (Tables)

9 Months Ended

Mar. 31, 2013

Summary of Purchase Price

The purchase price is summarized as follows:

Cash paid at acquisition date	$	30,800
Cash paid for other closing adjustments		1,050
Cash received due to working capital adjustment		(1,282	)
Fair value of cash earnout arrangement		3,400
Purchase price	$	33,968

Pro-forma Consolidated Results of Operations

The following unaudited pro forma consolidated results of operations for fiscal year 2013 have been prepared as if the acquisitions of M Cubed, the Oclaro business and product line, and LightWorks had occurred on July 1, 2011, the beginning of the Company’s fiscal year 2012, which is the fiscal year prior to acquisition ($000 except per share data).

	Three Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
Net revenues	$	145,170	$	153,590	$	441,916	$	455,487
Net earnings attributable to II-VI Incorporated		15,869		15,652		45,997		46,821
Basic earnings per share		0.26		0.25		0.74		0.75
Diluted earnings per share		0.25		0.24		0.72		0.73

MCubed Technologies Incorporated

Preliminary Allocation of Purchase Price of Assets Acquired and Liabilities Assumed at Date of Acquisition

The following table presents the preliminary allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition, as the Company intends to finalize its accounting for the acquisition of M Cubed during fiscal year 2013 ($000):

Assets
Accounts receivable, net	$	7,424
Inventories		4,696
Prepaid and other assets		518
Deferred income taxes		21,089
Property, plant & equipment		17,769
Intangible assets		23,400
Goodwill		11,774
Total assets acquired	$	86,670
Liabilities
Accounts payable	$	2,807
Deferred income taxes		14,834
Other accrued liabilities		864
Total liabilities assumed	$	18,505
Net assets acquired	$	68,165

LightWorks Optics Incorporated

Preliminary Allocation of Purchase Price of Assets Acquired and Liabilities Assumed at Date of Acquisition

The following table presents the preliminary allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition, as the Company intends to finalize its accounting for the acquisition of LightWorks during fiscal year 2013 ($000):

Assets
Accounts receivable, net	$	1,738
Inventories		3,785
Prepaid and other assets		191
Property, plant & equipment		3,079
Intangible assets		16,600
Goodwill		18,486
Total assets acquired	$	43,879
Liabilities
Accounts payable	$	724
Other accrued liabilities		9,187
Total liabilities assumed	$	9,911
Net assets acquired	$	33,968

Oclaro Incorporated | Thin Film Filter Business

Preliminary Allocation of Purchase Price of Assets Acquired and Liabilities Assumed at Date of Acquisition

The following table presents the preliminary allocation of the purchase price of the assets acquired at the date of acquisition, as the Company intends to finalize its accounting for this acquisition during fiscal year 2013 ($000):

Assets
Inventories	$	1,085
Prepaid and other assets		129
Property, plant & equipment		6,273
Intangible assets		8,980
Goodwill		10,980
Total assets acquired	$	27,447