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ACQUISITIONS (Tables) - CSP Technologies Member
3 Months Ended
Mar. 31, 2019
Acquisitions  
Summary of assets acquired and liabilities assumed at estimated fair value

 

 

 

 

 

 

    

August 27, 2018

 

Assets

 

 

 

 

Cash and equivalents

 

$

24,053

 

Accounts receivable

 

 

20,847

 

Inventories

 

 

42,169

 

Prepaid and other

 

 

3,995

 

Property, plant and equipment

 

 

99,194

 

Goodwill

 

 

278,020

 

Intangible assets

 

 

177,120

 

Other miscellaneous assets

 

 

1,039

 

Liabilities

 

 

 

 

Current maturities of long-term obligations

 

 

129

 

Accounts payable and accrued liabilities

 

 

31,989

 

Long-term obligations

 

 

6,037

 

Deferred income taxes

 

 

38,442

 

Retirement and deferred compensation plans

 

 

1,038

 

Deferred and other non-current liabilities

 

 

15,344

 

Net assets acquired

 

$

553,458

 

 

Summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition date

 

 

 

 

 

 

 

 

    

Weighted-Average

    

Estimated

 

 

 

Useful Life

 

Fair Value

 

 

 

(in years)

 

of Asset

 

Acquired technology

 

12

 

$

46,700

 

Customer relationships

 

16

 

 

113,300

 

Trademarks and trade names

 

9

 

 

14,600

 

License agreements and other

 

11

 

 

2,520

 

Total

 

 

 

$

177,120

 

 

Schedule of unaudited pro forma financial information

 

 

 

 

 

Three Months Ended March 31,

 

 

2018

 

 

 

 

 

 

Net Sales

 

$

737,430

 

Net Income Attributable to AptarGroup Inc.

 

 

60,116

 

Net Income per common share — basic

 

 

0.97

 

Net Income per common share — diluted

 

 

0.93