XML 41 R31.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Acquisitions (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Business Combinations [Abstract] |
Schedule of assets acquired and liabilities assumed | The following table represents the preliminary fair values assigned to the acquired assets and liabilities in the transaction:
(Dollars in thousands) | November 23, 2016
Assets: |
Cash and cash equivalents | $ | 1,539 |
Accounts receivable | 7,513 |
Other current assets | 691 |
Inventory | 9,915 |
Property, plant & equipment | 9,932 |
Intangible assets | 73,500 |
Goodwill | 35,755 |
Other long-term assets | 101 |
Total assets | 138,946 |
Liabilities: |  |
Accounts payable | 2,402 |
Other current liabilities | 1,062 |
Total liabilities | 3,464 |
Fair value of net assets acquired | $ | 135,482 |
The following table represents the preliminary fair market values assigned to the acquired assets and liabilities in the transaction:
(Dollars in thousands) | January 6, 2017
Assets: |
Accounts receivable | $ | 2,724 |
Prepaid expenses | 21 |
Inventory | 2,433 |
Property, plant & equipment | 1,589 |
Intangible assets | 35,860 |
Goodwill | 17,793 |
Total assets | 60,420 |
Liabilities: |  |
Accounts payable | 179 |
Accrued expenses | 50 |
Total liabilities | 229 |
Fair value of net assets acquired | $ | 60,191 |
Business acquisition, pro forma information | The following unaudited pro forma financial information presents the combined results of operations of Rogers, DSP and DeWAL, as if the DSP acquisition had occurred on January 1, 2016 and the DeWAL acquisition had occurred on January 1, 2015. The unaudited pro forma financial information is not intended to represent or be indicative of our consolidated results of operations that would have been reported had the DSP and DeWAL acquisitions been completed as of January 1, 2016, and January 1, 2015, respectively, and should not be taken as indicative of our future consolidated results of operations.
(Dollars in thousands) | Three months ended June 30, 2016 |  | Six months ended June 30, 2016
Net sales | $ | 175,533 |  |  | $ | 354,401 |
Net income | 5,313 |  |  | 18,540 |

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=65885119&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 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=73530397&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration