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ACQUISITIONS (Tables)
3 Months Ended
Jun. 29, 2013
Hemerus Medical, LLC [Member]
 
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The preliminary allocation of the purchase price to the estimated fair value of the acquired assets and liabilities is summarized as follows:
Asset class
 
Amounts Recognized as of June 29, 2013
(In thousands)
 
 
Intangible assets
 
$
20,400

Goodwill
 
10,324

Fair value of net assets acquired
 
$
30,724

Pall Corporation [Member]
 
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The final allocation of the purchase price is summarized as follows:
Asset class
 
Amounts Recognized as of June 29, 2013
(In thousands)
 
 
Inventories
 
$
49,917

Property, plant and equipment
 
84,704

Intangible assets
 
188,500

Other assets/liabilities, net
 
(6,266
)
Goodwill
 
218,320

Fair value of net assets acquired
 
$
535,175

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 beginning on April 3, 2011.

 
 
Three Months Ended
(In thousands)
 
June 30, 2012
Net sales
 
$
230,425

Net income
 
$
14,217

Basic earnings per share
 
$
0.28

Diluted earnings per share
 
$
0.27


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.
 
 
Three Months Ended
(In thousands)
 
June 30, 2012
Amortization of acquired intangible assets (1)
 
$
3,927

Interest expense incurred on acquisition financing (2)
 
$
2,380

Selling, general and admin. expenses (3)
 
$
2,635