Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Pro Forma Effect on Operating Results

The following table illustrates the unaudited pro forma effect on operating results as if the Miranda and PPC acquisitions had been completed as of January 1, 2011.

	Years Ended December 31,
	2012		2011
	(In thousands, except per share data) (Unaudited)
Revenues	$	2,163,302	$	2,280,189
Income from continuing operations		78,827		108,117
Diluted income per share from continuing operations	$	1.72	$	2.25

PPC Broadband Inc [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of December 10, 2012 (in thousands).

Cash	$	7,511
Receivables		28,756
Inventories		42,327
Other current assets		480
Property, plant and equipment		27,752
Goodwill		277,187
Intangible assets		161,500
Other non-current assets		134
Total assets	$	545,647
Accounts payable	$	19,634
Accrued liabilities		3,967
Other long-term liabilities		646
Total liabilities		24,247
Net assets	$	521,400

Intangible Assets Related to Acquisition

Intangible assets related to the PPC acquisition consisted of the following:

	Estimated Fair Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Developed technologies	$	70,500		5.0
Customer relationships		50,000		20.0
Backlog		2,000		0.5
Total intangible assets subject to amortization		122,500
Intangible assets not subject to amortization:
Goodwill		277,187
In-process research and development		7,000
Trademarks		32,000
Total intangible assets not subject to amortization		316,187
Total intangible assets	$	438,687
Weighted average amortization period				11.0

Miranda Technologies Inc [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of July 27, 2012 (in thousands).

Cash	$	33,324
Receivables		27,592
Inventories		31,109
Other current assets		1,923
Property, plant and equipment		23,452
Goodwill		162,764
Intangible assets		159,991
Total assets	$	440,155
Accounts payable	$	23,917
Accrued liabilities		5,591
Current deferred tax liabilities		4,839
Other long-term liabilities		11,835
Non-current deferred tax liabilities		19,294
Total liabilities		65,476
Net assets	$	374,679

Intangible Assets Related to Acquisition

Intangible assets related to the acquisition consisted of the following:

	Estimated Fair Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Developed technologies	$	69,132		4.0
Customer relationships		44,442		20.0
Backlog		3,950		1.0
Total intangible assets subject to amortization		117,524
Intangible assets not subject to amortization:
Goodwill		162,764
Trademarks		35,554
In-process research and development		6,913
Total intangible assets not subject to amortization		205,231
Total intangible assets	$	322,755
Weighted average amortization period				9.9

Thomas & Betts [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of November 19, 2010 (in thousands).

Receivables	$	6,740
Inventories		10,882
Other current assets		227
Property, plant and equipment		15,773
Goodwill		29,335
Other intangible assets		22,900
Total assets	$	85,857
Accounts payable	$	6,546
Accrued liabilities		1,245
Other long-term liabilities		877
Total liabilities		8,668
Net assets	$	77,189

Intangible Assets Related to Acquisition

Intangible assets related to the acquisition consisted of the following:

	Estimated Fair  Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Customer relationships	$	15,600		15.0
Developed technologies		1,500		5.0
Backlog		200		0.1
Total intangible assets subject to amortization		17,300
Intangible assets not subject to amortization:
Goodwill		29,335
Trademarks		5,600
Total intangible assets not subject to amortization		34,935
Total intangible assets	$	52,235
Weighted average amortization period				14.0

GarrettCom [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of the assets acquired and the liabilities assumed as of December 5, 2010 (in thousands).

Cash	$	6,143
Receivables		5,126
Inventories		7,428
Other current assets		1,059
Property, plant and equipment		523
Goodwill		24,059
Other intangible assets		19,200
Other noncurrent assets		2,767
Total assets	$	66,305
Accounts payable	$	1,176
Accrued liabilities		2,151
Current and deferred taxes		6,400
Total liabilities		9,727
Net assets	$	56,578

Intangible Assets Related to Acquisition

Intangible assets related to the acquisition consisted of the following:

	Estimated Fair  Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Customer relationships	$	11,800		15.0
Developed technologies		3,400		4.0
Backlog		100		0.1
Total intangible assets subject to amortization		15,300
Intangible assets not subject to amortization:
Goodwill		24,059
Trademarks		3,900
Total intangible assets not subject to amortization		27,959
Total intangible assets	$	43,259
Weighted average amortization period				12.5