Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The allocated fair value of assets acquired and liabilities assumed are summarized as follows (in thousands):



Trade accounts receivable	$	109,565
Inventories	79,758
Property, plant and equipment	255,616
Other intangible assets	245,000
Other assets	40,647
Trade accounts payable and accrued liabilities	(86,699		)
Deferred income tax liabilities	(105,701		)
Other liabilities	(25,339		)
Total identifiable net assets	512,847
Goodwill	511,001
Cash paid, net of cash acquired	$	1,023,848

Business Acquisition, Pro Forma Information

The unaudited pro forma financial information for the years ended December 31, 2017 and 2016 is not intended to represent or be indicative of our consolidated results of operations or financial condition that would have been reported had the SDS acquisition been completed as of the beginning of the periods presented, nor should it be taken as indicative of our future consolidated results of operations or financial condition.



		2017		2016
	(Dollars in thousands, except per share data)
Net sales		$	4,243,432	$	4,184,239
Net income		$	300,414	$	150,652

Earnings per share:
Basic net income per share		$	2.72	$	1.26
Diluted net income per share		$	2.70	$	1.25