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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Business Acquisition [Line Items]  
Schedule Of Supplemental Pro Forma Results
Supplemental unaudited pro forma results for the year ended December 31, 2012 are as follows:
(In Thousands, Except Per Share Data)
 
2012
Sales
$
946,594

Income from continuing operations
44,816

Earnings per share from continuing operations:
 
Basic
$
1.40

Diluted
1.39

AACOA  
Business Acquisition [Line Items]  
Schedule Of Preliminary Estimated Purchase Price Allocation
Based upon management’s valuation of the fair value of tangible and intangible assets acquired (net of cash acquired) and liabilities assumed, the purchase price allocation was as follows:
(In Thousands)
 
Accounts receivable
$
12,477

Inventories
4,708

Property, plant & equipment
15,116

Identifiable intangible assets:
 
Customer relationships
4,800

Trade names
4,800

Proprietary technology
3,400

Noncompete agreements
1,600

Other assets (current & noncurrent)
42

Trade payables & accrued expenses
(6,574
)
Total identifiable net assets
40,369

Purchase price, net of cash received
54,065

Goodwill
$
13,696

Schedule Of Amortized Periods For Acquired Intangible Assets
The goodwill and other intangible asset balances associated with this acquisition will be deductible for tax purposes. Intangible assets acquired in the purchase of AACOA are being amortized over the following periods:
Identifiable Intangible Asset
Useful Life (Yrs)
Customer relationships
10
Proprietary technology
6-10
Trade names
Indefinite
Noncompete agreements
2
Terphane  
Business Acquisition [Line Items]  
Schedule Of Preliminary Estimated Purchase Price Allocation
Schedule Of Amortized Periods For Acquired Intangible Assets