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Acquisitions and Disposals (Tables)
6 Months Ended 12 Months Ended
Dec. 31, 2012
Jun. 30, 2012
Business Acquisition, Cost of Acquired Entity [Abstract]    
Components Of Preliminary Purchase Price Allocations
The following table summarizes the components of the preliminary purchase price allocations for the fiscal 2013 acquisitions:
 
 
UK Ambient Grocery Brands
 
BluePrint
 
Total
Purchase price:
 
 
 
 
 
Cash paid
$
273,717

 
$
15,540

 
$
289,257

Equity issued
48,061

 
9,525

 
57,586

Fair value of contingent consideration

 
6,112

 
6,112

 
$
321,778

 
$
31,177

 
$
352,955

Allocation:
 
 
 
 
 
Current assets
$
29,001

 
$
2,714

 
$
31,715

Property, plant and equipment
48,000

 
3,173

 
51,173

Identifiable intangible assets
96,533

 
14,850

 
111,383

Assumed liabilities
(1,798
)
 
(1,969
)
 
(3,767
)
Deferred income taxes
(22,203
)
 

 
(22,203
)
Goodwill
172,245

 
12,409

 
184,654

 
$
321,778

 
$
31,177

 
$
352,955

The following table summarizes the components of the purchase price allocations for the fiscal 2012 acquisitions:
 
 
Daniels
 
Europe’s
Best
 
Cully & Sully
 
Total
Purchase price:
 
 
 
 
 
 
 
Cash paid
$
233,822

 
$
9,513

 
$
13,835

 
$
257,170

Fair value of contingent consideration
15,637

 

 
3,363

 
19,000

 
$
249,459

 
$
9,513

 
$
17,198

 
$
276,170

Allocation:
 
 
 
 
 
 
 
Current assets
$
55,639

 
$
7,157

 
$
1,549

 
$
64,345

Property, plant and equipment
46,799

 

 
35

 
46,834

Identifiable intangible assets
103,529

 
2,706

 
11,693

 
117,928

Other non-current assets, net
1,108

 

 

 
1,108

Assumed liabilities
(46,431
)
 
(184
)
 
(1,342
)
 
(47,957
)
Deferred income taxes
(27,942
)
 
(166
)
 
(1,462
)
 
(29,570
)
Goodwill
116,757

 

 
6,725

 
123,482

 
$
249,459

 
$
9,513

 
$
17,198

 
$
276,170

Unaudited Pro Forma Results Of Operations
The adjustments include amortization expense associated with acquired identifiable intangible assets, interest expense associated with bank borrowings to fund the acquisitions and elimination of transactions costs incurred that are directly related to the transactions and do not have a continuing impact on operating results from continuing operations.

 
Three Months Ended December 31,
 
Six Months Ended December 31,
 
2012
2011
 
2012
2011
Net sales from continuing operations
$
481,090

$
450,722

 
$
909,650

$
841,441

Income from continuing operations
$
35,434

$
33,740

 
$
64,926

$
51,864

Net income per common share from continuing operations - diluted
$
0.74

$
0.72

 
$
1.36

$
1.12