Acquisitions (Tables)

6 Months Ended

Jun. 30, 2017

Business Acquisition, Pro Forma Information [Table Text Block]

The supplemental unaudited pro forma measures for the three and six months ended June 30, 2017 and 2016 are presented below:



Tredegar Pro Forma Results with Futura Acquisition	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In Thousands, Except Per Share Data)	2017		2016		2017		2016
Sales	$	247,347	$	226,849	$	475,383	$	453,510
Net income	$	44,204	$	4,202	$	47,562	$	12,334
Earnings per share:
Basic	$	1.34	$	0.13	$	1.44	$	0.38
Diluted	$	1.34	$	0.13	$	1.44	$	0.38

Schedule Of Purchase Price Allocation

Based upon management’s valuation of the fair value of tangible and intangible assets acquired (net of cash acquired) and liabilities assumed, the allocation of the Adjusted Net Purchase Price is as follows:



(in Thousands)
Accounts receivable	$	6,680
Inventories	10,342
Prepaid expenses and other current assets	240
Property, plant & equipment	32,662
Identifiable intangible assets:
Customer relationships	24,000
Trade names	6,700
Trade payables & accrued expenses	(8,135		)
Total identifiable net assets	72,489
Adjusted Net Purchase Price	82,860
Goodwill	$	10,371