ACQUISITIONS (Tables)

9 Months Ended

Sep. 29, 2012

ACQUISITIONS [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair values of the assets acquired and liabilities assumed from Kurt Geiger on June 2, 2011.

(In millions)	Weighted-average amortization life (in months)		FairValue
Cash			$	6.9
Accounts receivable				19.7
Inventories				55.1
Other current assets				9.5
Property, plant and equipment				27.0
Intangible assets:
Trademarks - nonamortized				95.1
Trademarks - amortized		120		0.1
Goodwill				99.3
Customer relationships		232		125.7
Order backlog		9		2.8
Favorable lease agreements		99		6.8
Total assets acquired				448.0
Accounts payable				30.6
Other current  liabilities				28.5
Long-term debt				174.1
Unfavorable lease agreements		100		0.2
Deferred taxes				64.6
Total liabilities assumed				298.0
Total purchase price			$	150.0

The following table summarizes the fair values of the assets acquired and liabilities assumed from Brian Atwood on July 2, 2012.

(In millions)	Amortization life (in months)		FairValue
Cash			$	0.6
Accounts receivable				0.5
Other current assets				0.4
Property, plant and equipment				0.1
Intangible assets:
Trademarks		240		7.5
Goodwill				2.7
Customer relationships		6		0.4
Order backlog		3		0.7
Total assets acquired				12.9
Accounts payable				1.7
Notes payable				2.8
Other current  liabilities				1.8
Deferred taxes				0.3
Other long-term liabilities				0.1
Total liabilities assumed				6.7
Fair value of noncontrolling interest				1.2
Total purchase price			$	5.0

Total Revenues and Results of Operations Subsequent to Acquisition

The following table provides pro forma total revenues and results of operations for the fiscal quarter ended October 1, 2011 as if Kurt Geiger had been acquired on January 1, 2010.Pro forma total revenues and results of operations reflecting the acquisition of Brian Atwood are not presented, as the acquisition is not material to our financial position or our results of operations.

The unaudited pro forma results reflect certain adjustments related to the acquisition, such as amortization expense on intangible assets acquired from Kurt Geiger resulting from the fair valuation of assets acquired.  The pro forma results do not include any anticipated cost synergies or other effects of the planned integration of Kurt Geiger.  Accordingly, such pro forma amounts are not necessarily indicative of the results that actually would have occurred had the acquisition of Kurt Geiger been completed on January 1, 2010, nor are they indicative of the future operating results of the combined companies.

(In millions, except per share amounts)	Fiscal Quarter Ended October 1, 2011		Fiscal Nine Months Ended October 1, 2011
Total revenues	$	1,043.0	$	3,022.0
Net income		42.5		70.6
Earnings per share attributable to Jones
Basic	$	0.52	$	0.83
Diluted		0.51		0.82