Acquisitions and Investments (Tables) (Specialized Industries LP)

6 Months Ended

Jun. 30, 2014

Specialized Industries LP

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following are the estimated fair value of the assets acquired and liabilities assumed as of the Acquisition date (in thousands):

Cash	$	2,025
Accounts receivable	16,417
Inventory	46,490
Prepaid expenses	3,223
Deferred income tax assets	1,106
Rental equipment	27,923
Property, plant & equipment	12,886
Intangible assets	57,457
Other assets	675
Deferred income tax liabilities	(3,863		)
Other liabilities assumed	(10,765		)
Net assets assumed	153,574
Goodwill	39,383
Preliminary Purchase Price	$	192,957

Business Acquisition, Pro Forma Information

The unaudited pro forma statement of income of the Company assuming this transaction occurred at January 1, 2013 is as follows:

	Three Months Ended   June 30,				Six Months Ended   June 30,
(In thousands, except per share amounts)	2014		2013		2014		2013
Net Sales	$	218,051	$	214,857	$	425,482	$	405,109
Net Income	$	8,782	$	13,035	$	17,857	$	19,201
Diluted Earnings per Share	$	0.72	$	1.07	$	1.45	$	1.58