Business Acquisitions (Tables) - Argotec [Member]

9 Months Ended

Sep. 30, 2016

Schedule of Recognized Identifiable Assets Acquired and Liabilities Assumed

The consideration paid for Argotec and the preliminary fair values of the assets acquired and liabilities assumed as of the October 28, 2015 acquisition date were as follows ($ in millions):



	Preliminary Fair Value as of October 28, 2015
Cash and cash equivalents	$	2.7
Accounts receivable	16.1
Inventory	16.3
Other current assets	0.1
Property, plant and equipment	15.9
Other noncurrent assets	0.1
Identifiable intangible assets	131.0
Total Assets	182.2

Accounts payable	4.6
Accrued expenses	4.5

Net assets acquired	173.1

Goodwill	109.6

Cash paid	$	282.7

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

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



	Preliminary Fair Value as of October 28, 2015		Weighted-Average Amortization Period (Years)
Amortizable intangible assets:
Customer relationships	$	115.3	15
Non-competition agreements	1.7		4
Total amortizable intangible assets	117.0		15
Indefinite-lived intangible assets:
Trade names	14.0		Indefinite
Total	$	131.0

Actual and Pro Forma Net Sales and Income from Continuing Operations

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, 2015 are as follows ($ in millions):



	Net Sales		Income from Continuing Operations
2015 Supplemental Pro Forma from July 1, 2015 - September 30, 2015	$	210.8	$	25.4
2015 Supplemental Pro Forma from January 1, 2015 - September 30, 2015	641.6		70.7