Acquisitions (Tables) - Bras N Things

3 Months Ended

Mar. 31, 2018

Schedule of acquired assets and liabilities assumed

The acquired assets and liabilities as of the date of acquisition (February 12, 2018) include the following:



Cash and cash equivalents	$	2,765
Accounts receivable, net	197
Inventories	10,110
Other current assets	1,637
Property, net	12,417
Trademarks and other identifiable intangibles	278,214
Deferred tax assets and other noncurrent assets	2,539
Total assets acquired	307,879
Accounts payable	4,929
Accrued liabilities and other	16,339
Deferred tax liabilities and other noncurrent liabilities	7,663
Total liabilities assumed	28,931
Net assets acquired	278,948
Goodwill	112,624
Total purchase price	$	391,572

Schedule of components of purchase price

Total purchase price of the Bras N Things acquisition consisted of the following components:



Cash consideration paid	$	337,123
Indemnification escrow asset	27,507
Debt assumed	26,942
Total purchase price	$	391,572

Unaudited pro forma results of operations

Pro forma operating results for the quarter ended April 1, 2017 include expenses totaling $1,129, for acquisition-related adjustments primarily related to inventory and intangible assets.



	Quarter Ended
	March 31, 2018		April 1, 2017
Net sales	$	1,501,315	$	1,427,069
Net income from continuing operations	82,641		78,764
Earnings per share from continuing operations:
Basic	$	0.23	$	0.21
Diluted	0.23		0.21