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Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

Allocation Of Purchase Consideration To The Assets Acquired And Liabilities Assumed

The preliminary allocation of the purchase consideration to the fair value of the assets acquired and liabilities assumed is as follows as of the date of the acquisition (in thousands):



Working capital	$	21,670
Property, plant, and equipment	12,771
Acquired intangible assets	56,392
Other assets	3,367
Deferred income taxes	(5,053		)
Other liabilities	(3,141		)
Goodwill	56,500
Fair value of purchase consideration	$	142,506

Schedule Of Acquired Intangible Assets

The intangible assets acquired in this acquisition consisted of the following (in thousands):



	Fair Value		Estimated Useful Life
Trademarks	$	13,550	Indefinite
Technology	3,550		7-15 years
Customer relationships	32,892		11-17 years
Non-compete agreements	1,300		5 years
Backlog	5,100		0.5 years
Total	$	56,392

Schedule of acquisition related costs

The acquisition related costs consisted of the following for the three months and nine months ended September 30, 2015 (in thousands):



	Three Months Ended September 30, 2015		Nine Months Ended September 30, 2015

Selling, general and administrative costs	$	209	$	1,159
Cost of sales	172		230
Total acquisition related costs	$	381	$	1,389

Schedule of Pro Forma Information

The pro forma amounts may not be indicative of the results that actually would have been achieved had the acquisitions occurred as of January 1, 2014 and are not necessarily indicative of future results of the combined companies (in thousands, except per share data):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Net sales	$	304,994	$	284,741	$	845,538	$	764,452
Net income	$	15,391	$	12,173	$	33,617	$	19,067
Net income per share - Basic	$	0.49	$	0.39	$	1.08	$	0.61
Net income per share - Diluted	$	0.49	$	0.39	$	1.07	$	0.61

September 2013 Acquisition

Business Acquisition [Line Items]

Allocation Of Purchase Consideration To The Assets Acquired And Liabilities Assumed

The allocation of purchase consideration to the fair value of the assets acquired and liabilities assumed during 2013 were as follows as of the date of the acquisition (in thousands):



Working capital	$	2,665
Property, plant, and equipment	153
Acquired intangible assets	2,170
Goodwill	2,466
Fair value of purchase consideration	$	7,454

Schedule Of Acquired Intangible Assets

The intangible assets acquired in this acquisition consisted of the following (in thousands):



	Fair Value		Estimated Useful Life
Trademarks	$	640	Indefinite
Technology	260		15 years
Customer relationships	1,130		15 years
Non-compete agreements	140		5 years
Total	$	2,170

Schedule of acquisition related costs

All acquisition related costs (including the gain recognized as a result of the calculation of the earn-out obligation at fair value) consisted of the following (in thousands):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2015		2014			2015			2014
Selling, general and administrative costs	$	—	$	(781	)	$	(480	)	$	(1,521	)
Cost of sales	—		—			—			206
Total acquisition related costs	$	—	$	(781	)	$	(480	)	$	(1,315	)