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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2012
Acquisitions [Abstract]  
Consideration paid and the provisional fair value of the assets acquired and liabilities
         

Assets:

       

Current assets

  $ 751,706  

Property, plant and equipment

    1,223,448  

Goodwill

    1,922,277  

Intangible and other long-term assets

    370,377  

Liabilities:

       

Current liabilities

    236,986  

Deferred income taxes

    435,904  

Other long-term liabilities

    4,125  
   

 

 

 

Net assets acquired

  $ 3,590,793  
   

 

 

 
Fair value estimates recorded for the identifiable intangible assets
                 
    Estimated Fair
Value
    Estimated
Useful Life
 

Customer relationships

  $ 315,000       17 years  

Trade names

    35,000       10 years  
   

 

 

         

Total identifiable intangible assets

  $ 350,000          
   

 

 

         
Supplemental pro forma results
                                 
    Revenue     Net income
from
continuing
operations
    Basic
earnings
per share
    Diluted
earnings
per share
 

Actual results from the acquired businesses from date of acquisitions through the period ended March 31, 2012

  $ 397,455     $ 52,220     $ 0.42     $ 0.41  
         

Supplemental pro forma for the Company:

                               

Three months ended March 31, 2012

  $ 1,223,783     $ 110,648     $ 0.71     $ 0.70  
         

Three months ended March 31, 2011

  $ 855,246     $ 43,390     $ 0.28     $ 0.28