Annual report pursuant to Section 13 and 15(d)

ACQUISITIONS (Tables)

v2.4.0.8
ACQUISITIONS (Tables)
12 Months Ended
Sep. 30, 2014
ACQUISITIONS [Abstract]  
Components of Purchase Price and Net Assets Acquired
The preliminary purchase price allocation for the Schawk acquisition is as follows:

Purchase Price
   
  Cash paid
 
$
309,524
 
  Treasury stock (5,398,829 shares issued, $43.45 per share)
   
234,579
 
  Cash for debt repayment
   
83,882
 
  Cash acquired
   
(11,299
)
   
$
616,686
 
Net Assets Acquired
       
  Trade receivables
 
$
91,407
 
  Inventory
   
27,459
 
  Other current assets
   
16,537
 
  Property, plant and equipment
   
43,236
 
  Definite-lived intangible assets:
       
    Customer relationships
   
203,270
 
    Product technology
   
2,890
 
    Tradenames and other
   
1,610
 
  Indefinite-lived intangible assets:
       
    Tradenames
   
119,650
 
  Goodwill
   
312,558
 
  Other assets
   
7,864
 
  Trade accounts payable
   
(21,088
)
  Other current liabilities
   
(50,265
)
  Multi-employer plan withdrawal liability
   
(30,622
)
  Non-current liabilities
   
(107,820
)
   
$
616,686
 
Summary of Unaudited Pro-Forma Information
The following unaudited pro forma information presents a summary of the consolidated results of Matthews combined with Schawk as if the acquisition had occurred on October 1, 2012:

   
Schawk
   
Pro Forma Combined
 
   
Acquisition date through September 30, 2014
   
2014
   
2013
 
Sales
 
$
75,060
   
$
1,458,277
   
$
1,430,843
 
Income before income taxes
   
(8,453
)
   
91,499
     
42,528
 
Net income
   
(5,888
)
   
64,635
     
30,237
 
Earnings per share
 
$
(.21
)
 
$
1.96
   
$
.92