XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Acquisitions (Tables) | 6 Months Ended
--- | ---
Jul. 02, 2017
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of May 31, 2017 (in thousands):
Cash |  | $ | 5,327 |
Receivables |  | 4,355 |
Inventory |  | 17,291 |
Prepaid and other current assets |  | 405 |
Property, plant, and equipment |  | 4,289 |
Intangible assets |  | 86,250 |
Goodwill |  | 57,513 |
Total assets acquired |  | $ | 175,430 |
Accounts payable |  | $ | 1,231 |
Accrued liabilities |  | 1,353 |
Deferred revenue |  | 1,574 |
Total liabilities assumed |  | $ | 4,158 |
Net assets |  | $ | 171,272 |
Schedule of Acquired Intangible Assets | The intangible assets related to the acquisition consisted of the following:
|  | Fair Value |  | Amortization Period
|  | (In thousands) |  | (In years)
Intangible assets subject to amortization: |  |  |  |
Developed technologies |  | $ | 60,000 |  |  | 5.0
Customer relationships |  | 20,000 |  |  | 15.0
Trademarks |  | 3,750 |  |  | 10.0
Sales backlog |  | 2,500 |  |  | 0.3
Total intangible assets subject to amortization |  | $ | 86,250 |  |  |
Intangible assets not subject to amortization: |  |  |  |
Goodwill |  | $ | 57,513 |  |  | n/a
Total intangible assets not subject to amortization |  | $ | 57,513 |  |  |
Total intangible assets |  | $ | 143,763 |  |  |
Weighted average amortization period |  |  |  | 7.4
Schedule of Pro Forma Information | The following table illustrates the unaudited pro forma effect on operating results as if the Thinklogical acquisition had been completed as of January 1, 2016.
|  | Three Months Ended |  | Six Months Ended
|  | July 2, 2017 |  | July 3, 2016 |  | July 2, 2017 |  | July 3, 2016
|  | (In thousands, except per share data)
|  | (Unaudited)
Revenues |  | $ | 615,109 |  |  | $ | 608,517 |  |  | $ | 1,170,745 |  |  | $ | 1,155,428 |
Net income attributable to Belden common stockholders |  | 28,250 |  |  | 38,194 |  |  | 41,130 |  |  | 47,520 |
Diluted income per share attributable to Belden common stockholders |  | $ | 0.66 |  |  | $ | 0.90 |  |  | $ | 0.96 |  |  | $ | 1.12 |

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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(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 finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
Name: | us-gaap_FiniteLivedAndIndefiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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://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=84161108&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration