Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Summary of Pro-Forma Financial Statements of Company

The following table indicates the unaudited pro-forma financial statements of the Company for the years ended December 31, 2013 and 2012. The pro-forma financial statements give effect to the acquisition of Paulin as if it had occurred on January 1, 2012:


	2013			2012
Net Sales	$	717,571		$	701,123
Net Loss		(1,613	)		(7,460	)

Paulin [Member]

Reconciliation of Estimated Fair Value of Acquired Assets and Assumed Liabilities

The following table reconciles the estimated fair value of the acquired assets and assumed liabilities to the total purchase price of the Paulin Acquisition:


Accounts receivable	$	17,259
Inventory		55,552
Other current assets		2,701
Property and equipment		16,121
Goodwill		11,687
Intangibles		18,967

Total assets acquired		122,287
Less:
Deferred income taxes		5,437
Liabilities assumed		13,434

Total purchase price	$	103,416

Ook [Member]

Reconciliation of Estimated Fair Value of Acquired Assets and Assumed Liabilities

The following table reconciles the estimated fair value of the acquired Ook Acquisition assets and assumed liabilities to the total purchase price:


Account receivable	$	2,186
Inventory		2,082
Deferred income taxes		854
Goodwill		3,765
Intangibles		7,690

Total assets acquired		16,577
Less:
Liabilities assumed		1,766

Total purchase price	$	14,811

TagWorks [Member]

Reconciliation of Estimated Fair Value of Acquired Assets and Assumed Liabilities

The following table reconciles the estimated fair value of the acquired TagWorks assets and assumed liabilities to the total purchase price:


Account receivable	$	735
Inventory		1,086
Other current assets		217
Deferred income taxes		24
Property and equipment		17,403
Goodwill		14,996
Intangibles		34,840

Total assets acquired		69,301
Less:
Liabilities assumed		4,622

Total purchase price	$	64,679