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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2012
Acquisitions [Abstract]  
Summary of estimate of fair value of assets and liabilities on acquisition date
         

(In thousands)

  January 31,
2012
 

Assets Acquired:

       

Cash

  $ 1,529  

Receivables

    5,002  

Inventories

    7,602  

Prepaid expenses and other current assets

    172  

Current deferred income taxes

    466  

Property, plant and equipment

    3,774  

Intangible assets

    29,500  

Goodwill

    26,305  
   

 

 

 

Total assets acquired

  $ 74,350  
   

 

 

 

Liabilities Assumed:

       

Payables

  $ 3,430  

Accrued compensation and employee benefits

    569  

Income taxes

    31  

Long-term deferred income taxes

    12,273  

Other long-term liabilities

    451  
   

 

 

 

Total liabilities assumed

  $ 16,754  
   

 

 

 
Summary of unaudited pro forma information
                                 
     Three Months Ended
June 30,
    Six Months Ended
June 30,
 

(In thousands except per share amounts)

  2012     2011     2012     2011  

Net sales

  $ 81,974     $ 85,501     $ 162,063     $ 153,957  

Net earnings

  $ 7,442     $ 8,084     $ 14,130     $ 12,404  

Diluted earnings per share

  $ 0.52     $ 0.54     $ 0.97     $ 0.82