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Acquisitions
3 Months Ended
Mar. 31, 2014
Acquisitions

2. Acquisitions

On October 3, 2013, the Company acquired Yankee Candle Investments LLC (“Yankee Candle”), a leading specialty-branded premium scented candle company (the “YCC Acquisition”). The total value of the YCC Acquisition, including debt assumed and/or repaid, was approximately $1.8 billion. Yankee Candle is reported in the Company’s Branded Consumables segment and was included in the Company’s results of operations from October 3, 2013.

 

Pro forma financial information (unaudited)

The following unaudited pro forma financial information presents the combined results of operations of the Company and Yankee Candle as if the YCC Acquisition had occurred on January 1, 2012. The pro forma results presented below for the three months ended March 31, 2013 combine the historical results of the Company and Yankee Candle for the period presented. The unaudited pro forma financial information is not intended to represent or be indicative of the Company’s consolidated results of operations or financial condition that would have been reported had the YCC Acquisition been completed as of January 1, 2012 and should not be taken as indicative of the Company’s future consolidated results of operations or financial condition.

 

(in millions, except per share data)    Three months ended
March 31, 2013
 

Net sales

   $ 1,744.1  

Net income

     0.1  

Earnings per share:

  

Basic

   $ —    

Diluted

   $ —    

The unaudited pro forma financial information for the three months ended March 31, 2013 includes $1.1 for the amortization of purchased intangibles from the YCC Acquisition.