Business Acquisition (Tables)

9 Months Ended

Sep. 30, 2015

Acquired Finite-Lived Intangible Assets [Line Items]

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table shows the fair values assigned to intangible assets ($ in millions):



	Preliminary Fair Value as of December 31, 2014		Weighted-Average Amortization Period (Years)
Amortizable intangible assets:
Customer relationships	$	6.1	15
Developed Technology	2.1		20
Patents	1.5		17
Customer contracts	1.9		6
Total	$	11.6	15

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

lues of the assets acquired and liabilities assumed for the acquisition of assets from Pronamic and SNN are provisional because final appraisals have not yet been completed. The cash paid for these acquisitions and the preliminary fair values of the assets acquired and liabilities assumed as of the December 19, 2014 and December 31, 2014 acquisition dates for Pronamic assets and SNN assets, respectively, were as follows ($ in millions):



	Preliminary Fair Value as Acquisition Date
Accounts receivable	$	3.5
Inventory	3.2
Other current assets	0.2
Property, plant and equipment	9.3
Identifiable intangible assets	11.6
Total Assets	27.8

Accounts payable	1.4
Accrued expenses	1.4

Net assets acquired	25.0

Goodwill	5.4

Cash paid	$	30.4

Business Acquisition, Pro Forma Information

The amounts of the unaudited pro forma Net Sales and Income from Continuing Operations of the combined entity had the acquisition date been January 1, 2014 are as follows ($ in millions):



	Net Sales		Income from Continuing Operations
2014 Supplemental Pro Forma from July 1, 2014 - September 30, 2014	$	211.6	$	23.7
2014 Supplemental Pro Forma from January 1, 2014 - September 30, 2014	$	634.6	$	73.3