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Acquisitions - Purchase Price Allocation (Details) - USD ($)
$ in Thousands
2 Months Ended 10 Months Ended 12 Months Ended 14 Months Ended
Dec. 31, 2014
Oct. 16, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Oct. 17, 2014
Consideration              
Payments to Acquire Businesses, Net of Cash Acquired     $ 10,000 $ 382,880 $ 84,790    
Recognized amounts of identifiable assets acquired and liabilities assumed              
Goodwill $ 460,080   378,920 460,080 302,480 $ 378,920  
Allfast Fasteners [Member]              
Consideration              
Payments to Acquire Businesses, Net of Cash Acquired   $ 351,220          
Business Acquisition, Deferred Purchase Price [1]   15,730          
Business Combination, Consideration Transferred   366,950          
Recognized amounts of identifiable assets acquired and liabilities assumed              
Business Combination, Acquired Receivables, Fair Value             $ 8,950
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory             19,850
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill [2]             165,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets             340
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment             26,490
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities             (2,620)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net             218,010
Goodwill [3]             148,940
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net             $ 366,950
Contingent Consideration Arrangements              
Deferred Purchase Price, Tax Reimbursements   8,700          
Deferred Purchase Price, Tax Reimbursements Paid to Seller     5,200        
Deferred Purchase Price, Tax Reimbursements to Sellers Written Off     3,500        
Deferred Purchase Price, Obligations Assumed on Behalf Seller   7,000          
Deferred Purchase Price, Amount Paid thru 2015           $ 4,900  
Acquired Intangible Assets Other than Goodwill              
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual 9,100            
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual $ 1,300            
Business Acquisition, Transaction Costs       $ 2,200      
Allfast Fasteners [Member] | Trademarks and Trade Names [Member]              
Acquired Intangible Assets Other than Goodwill              
Acquired Indefinite-lived Intangible Asset, Amount   49,000          
Allfast Fasteners [Member] | Customer Relationships [Member]              
Acquired Intangible Assets Other than Goodwill              
Acquired Finite-lived Intangible Asset, Amount   $ 83,000          
Finite-Lived Intangible Assets, Useful Life   18 years          
Allfast Fasteners [Member] | Technology and Other [Member]              
Acquired Intangible Assets Other than Goodwill              
Acquired Finite-lived Intangible Asset, Amount   $ 33,000          
Finite-Lived Intangible Assets, Useful Life   15 years          
Series of Individually Immaterial Business Acquisitions [Member]              
Consideration              
Payments to Acquire Businesses, Net of Cash Acquired     $ 10,000   84,790    
Business Acquisition, Deferred Purchase Price         2,600    
Business Acquisition, Deferred Purchase Price and Contingent Consideration [4]         4,280    
Business Combination, Consideration Transferred         89,070    
Recognized amounts of identifiable assets acquired and liabilities assumed              
Business Combination, Acquired Receivables, Fair Value         7,240    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory         16,630    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill [5]         29,020    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets         8,420    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment         10,080    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities         (6,950)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Income Taxes         (4,260)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Long-term Liabilities         (8,410)    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net         51,770    
Goodwill         37,300    
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net         89,070    
Contingent Consideration Arrangements              
Business Acquisition, Contingent Consideration         1,700    
Series of Individually Immaterial Business Acquisitions [Member] | Trademarks and Trade Names [Member]              
Acquired Intangible Assets Other than Goodwill              
Acquired Indefinite-lived Intangible Asset, Amount         4,500    
Series of Individually Immaterial Business Acquisitions [Member] | Customer Relationships [Member]              
Acquired Intangible Assets Other than Goodwill              
Acquired Finite-lived Intangible Asset, Amount         $ 23,100    
Finite-Lived Intangible Assets, Useful Life         10 years    
Series of Individually Immaterial Business Acquisitions [Member] | Technology and Other [Member]              
Acquired Intangible Assets Other than Goodwill              
Acquired Finite-lived Intangible Asset, Amount         $ 1,400    
Finite-Lived Intangible Assets, Useful Life         4 years    
[1] Of the deferred purchase price, approximately $8.7 million, represents the Company's best estimate of the underlying obligations for certain tax amounts the Company has agreed to reimburse the previous owner in order to acquire additional tax attributes. During 2015, the Company paid $5.2 million of such amount and the remaining $3.5 million liability was removed, with a corresponding reduction to goodwill, due to the finalization of the Seller's tax liability. In addition, deferred purchase price includes approximately $7.0 million of other liabilities which the Company has agreed to pay on behalf of the previous owner, of which approximately $4.9 million was paid through December 31, 2015.
[2] Consists of approximately $83.0 million of customer relationships with an estimated useful life of 18 years, $33.0 million of technology and other intangible assets with an estimated useful life of 15 years and $49.0 million of trademark/trade name with an indefinite useful life.
[3] All of the goodwill was assigned to the Company's Aerospace reportable segment and is expected to be deductible for tax purposes.
[4] Deferred/contingent consideration included approximately $2.6 million of both short-term and long-term deferred purchase price, based on set amounts and fixed payment schedules per the purchase agreement, and an additional $1.7 million of contingent consideration to be paid, if earned, based on a multiple of future earnings, as defined.
[5] Consists of approximately $23.1 million of customer relationships with an estimated weighted average useful life of 10 years, $1.4 million of technology and other intangible assets with an estimated weighted average useful life of four years and $4.5 million of trademark/trade names with an indefinite useful life