Enerpac Tool Group Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Aug. 31, 2012

Summary of Estimated Fair Value of Asset Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and the liabilities assumed at the date of acquisition for the businesses acquired during fiscal 2012 (in thousands):


	Total
Accounts receivable, net	$	8,879
Inventories		10,155
Other current assets		2,593
Property, plant & equipment		2,087
Goodwill		40,289
Other intangible assets		32,869
Trade accounts payable		(4,270	)
Other current liabilities		(8,097	)
Deferred/contingent purchase price payable		(6,336	)
Deferred income taxes		(8,823	)
Other non-current liabilities		(126	)

Cash paid, net of cash acquired	$	69,220

Proforma Results of Operations

The following unaudited pro forma results of operations of the Company give effect to all acquisitions completed in the last three years as though the transactions and related financing activities had occurred on September 1, 2009 (in thousands, except per share amounts).


	Fiscal Year Ended August 31,
	2012		2011		2010
Net sales
As reported	$	1,605,342	$	1,445,323	$	1,160,508
Pro forma		1,660,829		1,642,124		1,430,850
Earnings from continuing operations
As reported	$	87,290	$	124,496	$	70,356
Pro forma		93,555		138,945		80,272
Basic earnings per share from continuing operations
As reported	$	1.25	$	1.82	$	1.04
Pro forma		1.33		2.04		1.19
Diluted earnings per share from continuing operations
As reported	$	1.17	$	1.68	$	0.97
Pro forma		1.25		1.87		1.11

- 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.

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