Acquisitions (Tables)

9 Months Ended

Sep. 30, 2014

Final Allocation of Purchase Price to Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the final allocation of the purchase price to fair values of assets acquired and liabilities assumed as of the date of the acquisition.


(In millions)
Accounts receivable	$	41.4
Inventories		25.7
Property, plant and equipment		29.6
Goodwill		143.4
Identifiable intangible assets		89.4
Other assets		7.3

Total assets		336.8
Other liabilities and accruals		34.8

Net assets acquired	$	302.0

Proforma Consolidated Financial Information

The following unaudited pro forma summary presents consolidated financial information as if WoodCrafters had been acquired on January 1, 2012. The unaudited pro forma financial information is based on historical results of operations and financial position of the Company and WoodCrafters. In accordance with ASC requirements, the results of operations related to the sale of Simonton were reclassified and not included the summary below. The pro forma results include adjustments for the impact of a preliminary allocation of the purchase price and interest expense associated with debt that would have been incurred in connection with the acquisition. The unaudited pro forma financial information does not necessarily represent the results that would have occurred had the acquisition occurred on January 1, 2012. In addition, the unaudited pro forma information should not be deemed to be indicative of future results.


(In millions, except per share amounts)	Nine Months Ended September 30, 2013
Net sales	$	2,955.3
Income from continuing operations		176.9
Basic earnings per common share	$	1.07
Diluted earnings per common share	$	1.03