XML 104 R43.htm IDEA: XBRL DOCUMENT
v3.19.3

Acquisitions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Business Combinations [Abstract] |
Schedule of Fair Value of Assets Acquired and Liabilities Assumed | The following table summarizes the fair values of the SMC assets acquired and liabilities assumed at the date of acquisition:
(In millions) | May 20, 2019
Current assets (including cash of $2.1 million) | $ | 10.5 |
Property, plant and equipment and other noncurrent assets | 1.3 |
Customer relationships | 9.6 |
Acquired technology | 1.4 |
Goodwill | 19.8 |
Total assets acquired | 42.6 |
Total liabilities assumed | 6.4 |
Net assets acquired | $ | 36.2 |
Schedule of Pro Forma Financial Information |
| Three months ended September 30, | Nine months ended September 30,
(In thousands, except per share amounts) | 2018 | 2019 |  | 2018
Net sales | $ | 337.1 |  | $ | 1,035.0 |  |  | $ | 1,013.0 |
Net income | 34.1 |  | 104.2 |  |  | 99.8 |
Basic earnings per share | 0.89 |  | 2.70 |  |  | 2.60 |
Diluted earnings per share | 0.87 |  | 2.66 |  |  | 2.56 |

X
- 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
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration