Business Acquisitions and Investments (Tables)

9 Months Ended

Sep. 30, 2016

Business Acquisitions and Investments [Abstract]

Allocation of Purchase Price to the Assets Acquired and Liabilities Assumed

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

Purchase Price				$	67,451
Assets acquired and liabilities assumed:
Receivables	$	3,130
Inventory		12,567
Other current and noncurrent assets (1)		334
Property, plant and equipment, net		2,660
Intangible assets		42,440
Goodwill		12,516
Current liabilities		(6,196	)
Net assets acquired				$	67,451

(1)

Other current and noncurrent assets includes $0.2 million of cash acquired.

Business Acquisition Pro Forma Information

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

	Three Months Ended September 30, 2016				Three Months Ended September 30, 2015
	Reported		Pro Forma		Reported		Pro Forma

Revenues	$	300,795	$	300,795	$	270,037	$	293,696
Net earnings		20,630		21,037		18,466		18,707

	Nine Months Ended September 30, 2016				Nine Months Ended September 30, 2015
	Reported		Pro Forma		Reported		Pro Forma

Revenues	$	828,683	$	868,014	$	767,008	$	842,422
Net earnings		52,078		53,666		40,792		41,757