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ACQUISITIONS (Tables)
3 Months Ended
Mar. 31, 2016
ACQUISITIONS  
Summary of assets acquired and liabilities assumed at estimated fair value

 

 

 

 

 

 

    

February 29, 2016

 

Assets

 

 

 

 

Cash and equivalents

 

$

20,197

 

Accounts receivable

 

 

8,275

 

Inventories

 

 

8,361

 

Prepaid and other

 

 

378

 

Property, plant and equipment

 

 

47,196

 

Goodwill

 

 

109,690

 

Intangible assets

 

 

67,984

 

Other miscellaneous assets

 

 

8

 

Liabilities

 

 

 

 

Current maturities of long-term obligations

 

 

319

 

Accounts payable and accrued liabilities

 

 

7,398

 

Long-term obligations

 

 

13,402

 

Deferred income taxes

 

 

17,789

 

Net assets acquired

 

$

223,181

 

 

Summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition date

 

 

 

 

 

 

 

 

    

Weighted-Average

    

Estimated

 

 

 

Useful Life

 

Fair Value

 

 

 

(in years)

 

of Asset

 

Customer relationships

 

11

 

$

53,312

 

Technology

 

15

 

 

10,579

 

Trademark

 

4

 

 

4,093

 

Total

 

 

 

$

67,984

 

 

Schedule of unaudited pro forma financial information

 

 

 

 

 

 

 

 

Three Months Ended March 31,

    

2016

    

2015

    

 

 

 

 

 

 

 

 

Net Sales

 

$

591,898

 

$

607,439

 

Net Income Attributable to AptarGroup Inc.

 

 

50,186

 

 

38,622

 

Net Income per common share — basic

 

 

0.80

 

 

0.62

 

Net Income per common share — diluted

 

 

0.77

 

 

0.60