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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2020
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | The following presents the preliminary allocation of purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at their acquisition dates:
|  | Total
Current assets, net of cash acquired |  | $ | 30,287 |
Property, plant and equipment |  | 6,642 |
Goodwill |  | 157,874 |
Intangible assets |  | 100,524 |
Current liabilities |  | (20,249) |
Other liabilities |  | (16,404) |
Net assets acquired |  | $ | 258,674 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] | The amounts assigned to goodwill and major intangible asset classifications were as follows:
| Amount allocated |  | Useful life (in years) |  |
Goodwill - tax deductible | $ | 33,183 |  |  | na |  |
Goodwill - non deductible | 124,691 |  |  | na |  |
Customer intangibles | 79,795 |  |  | 10 | - | 12
Unpatented technology | 14,098 |  |  | 6 | - | 9
Trademarks | 6,631 |  |  | 15 |  |
| $ | 258,398 |  |  |  |  |
Pro forma results of operations | The following unaudited pro forma information illustrates the impact of 2020 and 2019 acquisitions on the Company’s revenue and earnings from operations for the three and nine months ended September 30, 2020 and 2019, respectively. The unaudited pro forma information assumes that the 2020 and 2019 acquisitions had taken place at the beginning of the prior year, 2019 and 2018, respectively. Unaudited pro forma earnings are adjusted to reflect the comparable impact of additional depreciation and amortization expense, net of tax, resulting from the fair value measurement of intangible and tangible assets relating to the year of acquisition. The unaudited pro forma effects for the three and nine months ended September 30, 2020 and 2019 were as follows:
| Three Months Ended September 30, |  |  |  | Nine Months Ended September 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Revenue: |  |  |  |  |  |  |
As reported | $ | 1,748,256 |  |  | $ | 1,825,345 |  |  | $ | 4,903,370 |  |  | $ | 5,360,808 |
Pro forma | 1,752,155 |  |  | 1,845,416 |  |  | 4,924,687 |  |  | 5,428,757 |
Net earnings: |  |  |  |  |  |  |
As reported | $ | 200,300 |  |  | $ | 206,006 |  |  | $ | 501,345 |  |  | $ | 509,796 |
Pro forma | 203,133 |  |  | 206,333 |  |  | 512,190 |  |  | 511,425 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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