Business Acquisitions and Investments (Tables)

9 Months Ended

Sep. 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 September 30, 2013				Three Months Ended September 30, 2012
	Reported		Pro Forma		Reported		Pro Forma

Net sales	$	264,162	$	264,162	$	275,975	$	276,254
Net earnings		17,297		17,297		16,840		16,971

	Nine Months Ended September 30, 2013				Nine Months Ended September 30, 2012
	Reported		Pro Forma		Reported		Pro Forma

Net sales	$	764,996	$	765,310	$	756,561	$	777,508
Net earnings		42,514		42,662		35,438		37,252