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Business Combinations (Tables) | 3 Months Ended
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Mar. 31, 2015
Business Combinations [Abstract] |
Purchase Price Allocations For Acquisitions | The preliminary purchase price allocations for the acquisitions completed during the year ended December 31, 2014 are as follows (in thousands):
|  | Year Ended
|  | December 31, 2014
|  | Keystone Specialty |  | Other Acquisitions |  | Total
Receivables |  | $ | 48,473 |  |  | $ | 75,330 |  |  | $ | 123,803 |
Receivable reserves |  | (7,748 | ) |  | (7,383 | ) |  | (15,131 | )
Inventory |  | 150,696 |  |  | 123,815 |  |  | 274,511 |
Income taxes receivable |  | 14,096 |  |  | — |  |  | 14,096 |
Prepaid expenses and other current assets |  | 8,085 |  |  | 4,050 |  |  | 12,135 |
Property and equipment |  | 38,080 |  |  | 27,026 |  |  | 65,106 |
Goodwill |  | 237,729 |  |  | 177,974 |  |  | 415,703 |
Other intangibles |  | 78,110 |  |  | 51,135 |  |  | 129,245 |
Other assets |  | 6,159 |  |  | 2,793 |  |  | 8,952 |
Deferred income taxes |  | (26,591 | ) |  | 313 |  |  | (26,278 | )
Current liabilities assumed |  | (63,513 | ) |  | (52,961 | ) |  | (116,474 | )
Debt assumed |  | — |  |  | (32,441 | ) |  | (32,441 | )
Other noncurrent liabilities assumed |  | (11,675 | ) |  | (10,573 | ) |  | (22,248 | )
Contingent consideration liabilities |  | — |  |  | (5,854 | ) |  | (5,854 | )
Other purchase price obligations |  | (13,351 | ) |  | (333 | ) |  | (13,684 | )
Notes issued |  | (31,500 | ) |  | (13,535 | ) |  | (45,035 | )
Settlement of pre-existing balances |  | — |  |  | (5,052 | ) |  | (5,052 | )
Cash used in acquisitions, net of cash acquired |  | $ | 427,050 |  |  | $ | 334,304 |  |  | $ | 761,354 |
Pro Forma Effect Of Businesses Acquired | The following pro forma summary presents the effect of the businesses acquired during the three months ended March 31, 2015 as though the businesses had been acquired as of January 1, 2014 and the businesses acquired during the year ended December 31, 2014 as though they had been acquired as of January 1, 2013. The pro forma adjustments are based upon unaudited financial information of the acquired entities (in thousands, except per share data):
| Three Months Ended
| March 31,
| 2015 |  | 2014
Revenue, as reported | $ | 1,773,912 |  |  | $ | 1,625,777 |
Revenue of purchased businesses for the period prior to acquisition: |  |  |
Keystone Specialty | — |  |  | 3,443 |
Other acquisitions | 90 |  |  | 123,420 |
Pro forma revenue | $ | 1,774,002 |  |  | $ | 1,752,640 |
Net income, as reported | $ | 107,095 |  |  | $ | 104,653 |
Net income of purchased businesses for the period prior to acquisition, and pro forma purchase accounting adjustments: |  |  |
Keystone Specialty | — |  |  | 248 |
Other acquisitions | (30 | ) |  | 1,769 |
Pro forma net income | $ | 107,065 |  |  | $ | 106,670 |
Earnings per share, basic—as reported | $ | 0.35 |  |  | $ | 0.35 |
Effect of purchased businesses for the period prior to acquisition: |  |  |
Keystone Specialty | — |  |  | 0.00 |
Other acquisitions | 0.00 |  |  | 0.01 |
Pro forma earnings per share, basic (1) | $ | 0.35 |  |  | $ | 0.35 |
Earnings per share, diluted—as reported | $ | 0.35 |  |  | $ | 0.34 |
Effect of purchased businesses for the period prior to acquisition: |  |  |
Keystone Specialty | — |  |  | 0.00 |
Other acquisitions | 0.00 |  |  | 0.01 |
Pro forma earnings per share, diluted (1) | $ | 0.35 |  |  | $ | 0.35 |
(1) The sum of the individual earnings per share amounts may not equal the total due to rounding.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
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