Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

The following table summarizes the fair value of the assets acquired and the liabilities assumed as of the acquisition date:

	January 31, 2012
	(In thousands)
Assets acquired:
Cash	$	1,529
Receivables	5,230
Inventories	7,603
Prepaid expenses and other current assets	164
Current deferred income taxes	247
Property, plant and equipment	3,772
Intangible assets	29,100
Goodwill	26,565
Total assets acquired	$	74,210
Liabilities assumed:
Payables	$	2,920
Accrued compensation and employee benefits	1,785
Long-term deferred income taxes	11,457
Other long-term liabilities	451
Total liabilities assumed	$	16,613

Business Acquisition, Pro Forma Information

The following unaudited pro forma information combines historical results as if Racine Federated had been owned by the Company for the twelve-month periods presented.

	2012		2011
	(In thousands except per share amounts)
Net sales	$	323,516	$	305,562
Net earnings	$	28,177	$	21,261
Diluted earnings per share	$	1.96	$	1.41