Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2014

Components of the preliminary purchase price allocation

The components of the final purchase price allocation are as follows:



(in millions)
Accounts receivable	$	185.0
Inventory	75.1
Prepaid expenses and other current assets	23.4
Accounts payable	(77.9		)
Accrued expenses	(140.0		)
Property, plant and equipment	242.1
Other assets	32.6
Identifiable intangible assets:
Indefinite-lived trade names	521.2
Contractual retailer/distributer relationships	91.1
Developed technology, including patents	87.1
Customer databases	3.9
Optimum™ trade name	2.3
Deferred income taxes, net	(231.2		)
Sealy 8.0% Notes	(96.2		)
Redeemable non-controlling interest	(11.3		)
Other liabilities	(77.5		)
Goodwill	543.2
Net consideration transferred	$	1,172.9

Business acquisition, pro forma information

The following unaudited pro forma information presents the combined financial results for the Company and Sealy as if the Sealy Acquisition had been completed at the beginning of the Company’s prior year, January 1, 2013. Prior to the Sealy Acquisition, Sealy used a 52-53 week fiscal year ending on the closest Sunday to November 30, but no later than December 2. The pro forma financial information set forth below for the nine months ended September 30, 2013 includes Sealy’s pro forma information for the combined nine month period from December 3, 2012 through March 3, 2013 and April 1, 2013 through September 29, 2013.



(in millions, except earnings per common share)	Nine Months Ended		Nine Months Ended
	September 30,		September 30,
	2014		2013
Net sales	$	2,244.3	$	2,079.1
Net income	$	62.3	$	62.7
Earnings per common share – Diluted	$	1.00	$	1.02