XML 84 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Acquisitions and Disposals (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2013
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | The following table summarizes the components of the purchase price allocations for the fiscal 2013 acquisitions:
| UK Ambient Grocery Brands |  | BluePrint |  | Ella’s Kitchen |  | Total
Purchase price: |  |  |  |  |  |  |
Cash paid | $ | 273,246 |  |  | $ | 16,679 |  |  | $ | 58,437 |  |  | $ | 348,362 |
Equity issued | 48,061 |  |  | 9,525 |  |  | 45,050 |  |  | 102,636 |
Fair value of contingent consideration | — |  |  | 13,491 |  |  | — |  |  | 13,491 |
| $ | 321,307 |  |  | $ | 39,695 |  |  | $ | 103,487 |  |  | $ | 464,489 |
Allocation: |  |  |  |  |  |  |
Current assets | $ | 29,825 |  |  | $ | 2,742 |  |  | $ | 27,749 |  |  | $ | 60,316 |
Property, plant and equipment | 39,150 |  |  | 3,173 |  |  | 672 |  |  | 42,995 |
Identifiable intangible assets | 118,020 |  |  | 18,980 |  |  | 49,669 |  |  | 186,669 |
Assumed liabilities | (2,693 | ) |  | (2,189 | ) |  | (15,064 | ) |  | (19,946 | )
Deferred income taxes | 2,882 |  |  | — |  |  | (11,789 | ) |  | (8,907 | )
Goodwill | 134,123 |  |  | 16,989 |  |  | 52,250 |  |  | 203,362 |
| $ | 321,307 |  |  | $ | 39,695 |  |  | $ | 103,487 |  |  | $ | 464,489 |
Unaudited Pro Forma Results Of Operations | The following table provides unaudited pro forma results of continuing operations for the three and six months ended December 31, 2012, as if all of the above acquisitions had been completed at the beginning of fiscal year 2013. Pro forma results of continuing operations are not provided for the three and six months ended December 31, 2013 as there were no acquisitions completed during such periods. The following pro forma combined results of continuing operations have been provided for illustrative purposes only, and do not purport to be indicative of the actual results that would have been achieved by the Company for the periods presented or that will be achieved by the combined company in the future. The pro forma information has been adjusted to give effect to items that are directly attributable to the transactions and are expected to have a continuing impact on the combined results. 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, 2012 |  | Six Months ended December 31, 2012
Net sales from continuing operations | $ | 500,904 |  |  | $ | 945,153 |
Net income from continuing operations | $ | 36,374 |  |  | $ | 61,109 |
Net income per common share from continuing operations - diluted | $ | 0.75 |  |  | $ | 1.26 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration