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Business Combinations (Tables)
 3 Months Ended
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.