Business Acquisitions and Investments (Tables)

6 Months Ended

Jun. 30, 2013

Business Acquisitions and Investments [Abstract]

Allocation of purchase price to assets acquired and liabilities assumed

The allocation of purchase price to assets acquired and liabilities assumed is based upon their fair values. The following table presents the allocation of purchase price to assets acquired and liabilities assumed (in thousands):

Purchase price:				$	38,594
Assets acquired and liabilities assumed:
Receivables	$	9,114
Inventory		22,736
Other current assets		60
Property, plant and equipment		1,427
Intangible assets		8,870
Goodwill		9,703
Current liabilities		(13,316	)
Net assets acquired				$	38,594

Supplemental unaudited pro forma financial information

Supplemental unaudited pro forma financial information for the acquisitions is as follows (in thousands):

	Three Months Ended June 30, 2013				Three Months Ended June 30, 2012
	Reported		Pro Forma		Reported		Pro Forma

Net sales	$	270,126	$	270,126	$	268,875	$	276,040
Net earnings		16,043		16,074		13,404		14,517

	Six Months Ended June 30, 2013				Six Months Ended June 30, 2012
	Reported		Pro Forma		Reported		Pro Forma

Net sales	$	500,834	$	501,149	$	480,586	$	501,254
Net earnings		25,217		25,365		18,598		20,281