XML 64 R20.htm IDEA: XBRL DOCUMENT
v2.4.0.6

ACQUISITIONS (Tables) | 9 Months Ended
--- | ---
Dec. 29, 2012
Business Combinations [Abstract] |
Schedule of Purchase Price Allocation |
Asset class |  | Amounts Recognized as of December 29, 2012 (Provisional)
(in thousands) |  |
Inventories |  | $ | 50,741 |
Property, plant and equipment |  | 93,847 |
Intangible assets |  | 188,500 |
Other assets/liabilities, net |  | 320 |
Goodwill |  | 206,303 |
Fair value of net assets acquired |  | $ | 539,711 |
Business Acquisition, Pro Forma Information | The following represents the pro forma consolidated statements of income and comprehensive income as if the acquisition of the whole blood business had been included in our consolidated results on April 3, 2011. The common stock weighted average number of shares used in calculating the pro-forma earnings per share has been retroactively adjusted for the stock split:
| Nine Months Ended
(in thousands) | December 29, 2012 |  | December 31, 2011
Net sales | $ | 713,981 |  |  | $ | 703,023 |
Net income | 42,975 |  |  | 47,961 |
Basic earnings per share | $ | 0.84 |  |  | $ | 0.94 |
Diluted earnings per share | $ | 0.82 |  |  | $ | 0.93 |
The unaudited consolidated pro-forma financial information above includes the following significant adjustments made to account for certain costs which would have been incurred if the acquisition had been completed on April 3, 2011, as adjusted for the applicable tax impact. As our acquisition of the whole blood business was completed on August 1, 2012, the pro-forma adjustments for the nine months ended December 29, 2012 in the table below only include the required adjustments through August 1, 2012.
| Nine Months Ended
(in thousands) | December 29, 2012 |  | December 31, 2011
Transaction costs (1) | $ | 3,184 |  |  | $ | — |
Amortization of inventory fair value adjustment (2) | 11,067 |  |  | (11,067 | )
Amortization of acquired intangible assets (3) | (5,712 | ) |  | (12,852 | )
Interest expense incurred on acquisition financing (4) | (3,173 | ) |  | (7,137 | )
Selling, general and admin expenses (5) | (3,513 | ) |  | (7,905 | )

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=7659399&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 54 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 55 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 -Subparagraph r(2, 3) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479 + Details
Name: | us-gaap_ScheduleOfPurchasePriceAllocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration