XML 79 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions and Disposals (Tables)
6 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following table summarizes the components of the preliminary purchase price allocation for the HPPC acquisition:
Carrying value of pre-existing 48.7% interest, after fair value adjustment:
$
36,074

Purchase price of remaining 51.3% interest:
 
Cash paid
20,310

Equity issued
19,690

Total investment:
$
76,074

 
 
Allocation:
 
Current assets
$
55,261

Property, plant and equipment
35,796

Other assets, including investment in Empire Kosher
2,792

Identifiable intangible assets
17,000

Deferred taxes
(2,673
)
Assumed liabilities
(41,435
)
Goodwill
9,333

 
$
76,074

The following table summarizes the components of the preliminary purchase price allocations for the fiscal 2014 acquisitions:
 
Tilda
 
Rudi’s
 
Total
Purchase price:
 
 
 
 
 
Cash paid
$
126,340

 
$
50,807

 
$
177,147

Equity issued
148,353

 
11,168

 
159,521

Vendor loan note
32,958

 

 
32,958

 
$
307,651

 
$
61,975

 
$
369,626

Allocation:
 
 
 
 
 
Current assets
$
86,828

 
$
8,058

 
$
94,886

Property, plant and equipment
39,898

 
3,774

 
43,672

Identifiable intangible assets
124,549

 
27,514

 
152,063

Assumed liabilities
(92,971
)
 
(6,332
)
 
(99,303
)
Deferred income taxes
(25,936
)
 
(37
)
 
(25,973
)
Goodwill
175,283

 
28,998

 
204,281

 
$
307,651

 
$
61,975

 
$
369,626

Unaudited Pro Forma Results Of Operations [Table Text Block]
 
Three Months Ended December 31, 2013
 
Six Months Ended December 31, 2013
Net sales from continuing operations
$
606,088

 
$
1,138,098

Net income from continuing operations
$
42,079

 
$
70,431

Net income per common share from continuing operations - diluted
$
0.43

 
$
0.71

 
Three Months Ended December 31, 2013
 
Six Months Ended December 31, 2013
Net sales from continuing operations
$
612,280

 
$
1,150,852

Net income from continuing operations
$
47,514

 
$
80,359

Net income per common share from continuing operations - diluted
$
0.47

 
$
0.79