XML 65 R50.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2019
ACQUISITIONS  
Summary of assets acquired and liabilities assumed at estimated fair value

   

2019

   

2018

 

Assets

Cash and equivalents

$

3,427

$

24,053

Accounts receivable

 

3,504

 

20,847

Inventories

 

 

42,169

Prepaid and other

 

2,478

 

3,995

Property, plant and equipment

 

4,267

 

99,194

Goodwill

 

59,143

 

278,020

Intangible assets

 

52,980

 

177,120

Other miscellaneous assets

 

430

 

1,039

Liabilities

Current maturities of long-term obligations

 

 

129

Accounts payable, accrued and other liabilities

 

5,388

 

31,989

Long-term obligations

 

 

6,037

Deferred income taxes

 

2,592

 

38,442

Retirement and deferred compensation plans

1,038

Deferred and other non-current liabilities

 

1,598

 

15,344

Net assets acquired

$

116,651

$

553,458

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

2019

2018

    

Weighted-Average

    

Estimated

    

Weighted-Average

    

Estimated

 

Useful Life

Fair Value

Useful Life

Fair Value

 

(in years)

of Asset

(in years)

of Asset

 

Acquired technology

 

8

$

9,160

 

12

$

46,700

Customer relationships

 

11

 

39,379

 

16

 

113,300

Trademarks and trade names

4

2,457

9

14,600

License agreements and other

 

1

 

1,984

 

11

 

2,520

Total

$

52,980

$

177,120

Schedule of unaudited pro forma financial information

Years Ended December 31,

   

   

2018

   

2017

 

Net Sales

$

2,857,765

$

2,605,095

Net Income Attributable to AptarGroup Inc.

 

 

208,717

 

230,753

Net Income per common share — basic

 

 

3.34

 

3.70

Net Income per common share — diluted

 

 

3.21

 

3.57