Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.3.1.900
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Summary of Sales and Amounts Included in Income from Operations of Subsidiary in Consolidated Financial Statements of Company
The following is a summary of the sales and amounts included in income from operations for Peco included in the consolidated financial statements of the Company from the date of acquisition to December 31, 2013 (in thousands):
Sales
$
36,452

Operating Income
$
122

Consolidated Results of Operation of Company with Acquired Business
The pro forma consolidated results include the impact of certain adjustments, including increased interest expense on acquisition debt, amortization of purchased intangible assets and income taxes.
(in thousands, except earnings per share)
2013
 
2012
Sales
$
386,170

 
$
344,233

Net Income
$
29,456

 
$
24,348

Basic Earnings Per Share
$
1.22

 
$
1.03

Diluted Earnings Per Share
$
1.17

 
$
0.97