XML 110 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisition (Tables)
 6 Months Ended
Jun. 30, 2013
Business Combinations [Abstract]  
Schedule of Unaudited Pro Forma Operating Results
The following table reflects the unaudited pro forma operating results of the Company for the three- and six-month periods ended June 30, 2012, which gives effect to the acquisition of Synventive as if it had occurred on January 1, 2011. The pro forma results are based on assumptions that the Company believes are reasonable under the circumstances. The pro forma results are not necessarily indicative of the operating results that would have occurred had the acquisition been effective January 1, 2011, nor are they intended to be indicative of results that may occur in the future. The underlying pro forma information includes the historical financial results of the Company and Synventive adjusted for certain items including depreciation and amortization expense associated with the assets acquired and the Company’s expense related to financing arrangements, with the related tax effects.
 
(Unaudited Pro Forma)
Three months ended June 30, 2012
 
(Unaudited Pro Forma)
Six months ended June 30, 2012
Net sales
$
254,684

 
$
516,804

Income from continuing operations
21,404

 
40,301

Net income
26,748

 
50,262

 
 
 
 
Per common share:
 
 
 
Basic:
 
 
 
     Income from continuing operations
$
0.39

 
$
0.74

     Net income
$
0.49

 
$
0.92

Diluted:
 
 
 
     Income from continuing operations
$
0.38

 
$
0.73

     Net income
$
0.48

 
$
0.91