2012 Q2 Form 10-Q Financial Statement

#000119312512182303 Filed on April 25, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2012 Q1 2011 Q2
Revenue $268.2M $234.1M $217.7M
YoY Change 23.2% 13.32%
Cost Of Revenue $128.7M $101.9M $93.28M
YoY Change 37.92% 3.45%
Gross Profit $139.5M $132.2M $124.4M
YoY Change 12.17% 22.05%
Gross Profit Margin 52.03% 56.46% 57.15%
Selling, General & Admin $74.55M $62.57M $57.40M
YoY Change 29.89% 7.81%
% of Gross Profit 53.43% 47.34% 46.14%
Research & Development $12.50M $11.64M $9.931M
YoY Change 25.89% 4.85%
% of Gross Profit 8.96% 8.8% 7.98%
Depreciation & Amortization $10.30M $8.075M $8.427M
YoY Change 22.23% -3.14%
% of Gross Profit 7.38% 6.11% 6.77%
Operating Expenses $87.06M $74.21M $67.33M
YoY Change 29.3% 7.36%
Operating Profit $52.48M $57.97M $57.07M
YoY Change -8.05% 45.55%
Interest Expense $5.359M $3.689M $616.0K
YoY Change 769.97% -40.83%
% of Operating Profit 10.21% 6.36% 1.08%
Other Income/Expense, Net $3.236M -$299.0K $0.00
YoY Change -100.0%
Pretax Income $50.35M $53.98M $56.45M
YoY Change -10.81% 46.88%
Income Tax $16.00M $18.60M $19.20M
% Of Pretax Income 31.78% 34.46% 34.01%
Net Earnings $34.40M $35.40M $37.30M
YoY Change -7.77% 50.4%
Net Earnings / Revenue 12.83% 15.12% 17.14%
Basic Earnings Per Share $0.57 $0.59 $0.62
Diluted Earnings Per Share $0.56 $0.58 $0.61
COMMON SHARES
Basic Shares Outstanding 60.45M shares 59.85M shares 60.65M shares
Diluted Shares Outstanding 61.80M shares 61.34M shares 61.36M shares

Balance Sheet

Concept 2012 Q2 2012 Q1 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $449.9M $326.8M $102.5M
YoY Change 338.93% 1991.84%
Cash & Equivalents $23.09M $326.8M $102.5M
Short-Term Investments $426.8M
Other Short-Term Assets $6.694M $4.139M $2.418M
YoY Change 176.84% -31.6%
Inventory $124.4M $110.1M $102.8M
Prepaid Expenses
Receivables $192.6M $172.2M $153.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $793.9M $632.1M $380.5M
YoY Change 108.64% 56.4%
LONG-TERM ASSETS
Property, Plant & Equipment $154.3M $138.7M $133.4M
YoY Change 15.65% -0.31%
Goodwill $167.3M $93.40M $91.74M
YoY Change 82.38% 0.0%
Intangibles $156.6M $15.59M $25.46M
YoY Change 515.19% -25.62%
Long-Term Investments
YoY Change
Other Assets $14.28M $14.19M $9.040M
YoY Change 57.99% 9.27%
Total Long-Term Assets $525.8M $293.6M $274.9M
YoY Change 91.27% -1.76%
TOTAL ASSETS
Total Short-Term Assets $793.9M $632.1M $380.5M
Total Long-Term Assets $525.8M $293.6M $274.9M
Total Assets $1.320B $925.7M $655.4M
YoY Change 101.35% 25.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.73M $30.92M $28.93M
YoY Change 9.68% -14.36%
Accrued Expenses $44.50M $34.90M $35.70M
YoY Change 24.65% -11.41%
Deferred Revenue
YoY Change
Short-Term Debt $6.300M $10.50M $11.20M
YoY Change -43.75% -17.65%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $153.9M $133.6M $121.8M
YoY Change 26.41% -3.65%
LONG-TERM LIABILITIES
Long-Term Debt $627.2M $300.0M $150.0M
YoY Change 318.12% 87.5%
Other Long-Term Liabilities $130.1M $121.1M $77.40M
YoY Change 68.09% -0.39%
Total Long-Term Liabilities $627.2M $300.0M $150.0M
YoY Change 318.12% 87.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $153.9M $133.6M $121.8M
Total Long-Term Liabilities $627.2M $300.0M $150.0M
Total Liabilities $781.1M $433.6M $271.8M
YoY Change 187.42% 31.68%
SHAREHOLDERS EQUITY
Retained Earnings $139.7M $119.1M $69.07M
YoY Change 102.31% 189.08%
Common Stock $334.5M $326.9M $288.4M
YoY Change 15.97% 9.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $391.4M $371.0M $306.2M
YoY Change
Total Liabilities & Shareholders Equity $1.320B $925.7M $655.4M
YoY Change 101.35% 25.29%

Cashflow Statement

Concept 2012 Q2 2012 Q1 2011 Q2
OPERATING ACTIVITIES
Net Income $34.40M $35.40M $37.30M
YoY Change -7.77% 50.4%
Depreciation, Depletion And Amortization $10.30M $8.075M $8.427M
YoY Change 22.23% -3.14%
Cash From Operating Activities $41.20M $23.45M $14.18M
YoY Change 190.55% 18.17%
INVESTING ACTIVITIES
Capital Expenditures -$5.600M $6.513M $4.517M
YoY Change -223.98% -245.71%
Acquisitions
YoY Change
Other Investing Activities -$652.6M $1.357M $100.0K
YoY Change -652700.0% -106.67%
Cash From Investing Activities -$658.2M -$7.870M -$4.374M
YoY Change 14948.01% -4.91%
FINANCING ACTIVITIES
Cash Dividend Paid $13.45M $12.61M
YoY Change
Common Stock Issuance & Retirement, Net -$19.84M -$12.44M
YoY Change
Debt Paid & Issued, Net $0.00 $172.4M
YoY Change
Cash From Financing Activities 313.3M $7.805M $83.41M
YoY Change 275.61% -679.24%
NET CHANGE
Cash From Operating Activities 41.20M $23.45M $14.18M
Cash From Investing Activities -658.2M -$7.870M -$4.374M
Cash From Financing Activities 313.3M $7.805M $83.41M
Net Change In Cash -303.7M $23.39M $93.22M
YoY Change -425.8% -1431.67%
FREE CASH FLOW
Cash From Operating Activities $41.20M $23.45M $14.18M
Capital Expenditures -$5.600M $6.513M $4.517M
Free Cash Flow $46.80M $16.94M $9.663M
YoY Change 384.32% -36.01%

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CY2011Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2012Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60052000 shares
CY2012Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1286000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61338000 shares
CY2011Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
60270000 shares
CY2011Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1090000 shares
CY2011Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61360000 shares
CY2012Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
876000 shares
CY2011Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
828000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5478000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
486000 shares
CY2012Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-426000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-26000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5512000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.12
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
49.84
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
27.90
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
34.65
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.00
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3211000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3499000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.27
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.21
CY2012Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2900000 USD
CY2011Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2700000 USD
CY2012Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
13800000 USD
CY2012Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition
2.2
CY2012Q1 ggg Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.15 pure
CY2012Q1 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
239000 shares
CY2011Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
313000 shares
CY2012Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
74162000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
75658000 USD
CY2012Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-823000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-823000 USD
CY2011Q4 ggg Other Intangible Assets Net
OtherIntangibleAssetsNet
18118000 USD
CY2012Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4000000 USD
CY2012Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
57221000 USD
CY2011Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
51943000 USD
CY2012Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
38817000 USD
CY2011Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
39268000 USD
CY2012Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
54734000 USD
CY2012Q1 us-gaap Inventory Gross
InventoryGross
150772000 USD
CY2011Q4 us-gaap Inventory Gross
InventoryGross
145772000 USD
CY2011Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
54561000 USD
CY2012Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
40701000 USD
CY2011Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
40425000 USD
CY2012Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
59453000 USD
CY2012Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
46775000 USD
CY2012Q1 ggg Finite Lived Intangible Assets Foreign Currency Translation
FiniteLivedIntangibleAssetsForeignCurrencyTranslation
268000 USD
CY2012Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12410000 USD
CY2012Q1 ggg Other Intangible Assets Gross
OtherIntangibleAssetsGross
62633000 USD
CY2012Q1 ggg Other Intangible Assets Net
OtherIntangibleAssetsNet
15590000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
61733000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
46527000 USD
CY2011Q4 ggg Finite Lived Intangible Assets Foreign Currency Translation
FiniteLivedIntangibleAssetsForeignCurrencyTranslation
268000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14938000 USD
CY2011Q4 ggg Other Intangible Assets Gross
OtherIntangibleAssetsGross
64913000 USD
CY2012Q1 us-gaap Future Amortization Expense Year One
FutureAmortizationExpenseYearOne
9000000 USD
CY2012Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2500000 USD
CY2012Q1 us-gaap Future Amortization Expense Year Two
FutureAmortizationExpenseYearTwo
4300000 USD
CY2012Q1 us-gaap Future Amortization Expense Year Three
FutureAmortizationExpenseYearThree
900000 USD
CY2012Q1 us-gaap Future Amortization Expense Year Four
FutureAmortizationExpenseYearFour
500000 USD
CY2012Q1 us-gaap Future Amortization Expense Year Five
FutureAmortizationExpenseYearFive
200000 USD
CY2012Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6758000 USD
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6709000 USD
CY2012Q1 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
1374000 USD
CY2011Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
6607000 USD
CY2012Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
18087000 USD
CY2011Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2689000 USD
CY2012Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
24256000 USD
CY2011Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21176000 USD
CY2012Q1 ggg Selfinsurancereservecurrent
Selfinsurancereservecurrent
6633000 USD
CY2011Q4 ggg Selfinsurancereservecurrent
Selfinsurancereservecurrent
6563000 USD
CY2012Q1 ggg Accruedmarketingcostscurrent
Accruedmarketingcostscurrent
2735000 USD
CY2011Q4 ggg Accruedmarketingcostscurrent
Accruedmarketingcostscurrent
5852000 USD
CY2012Q1 us-gaap Product Warranty Expense
ProductWarrantyExpense
1294000 USD
CY2012Q1 ggg Product Warranty Margin Reversed
ProductWarrantyMarginReversed
830000 USD
CY2012Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2075000 USD
CY2010Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6862000 USD
CY2011 us-gaap Product Warranty Expense
ProductWarrantyExpense
5110000 USD
CY2011 ggg Product Warranty Margin Reversed
ProductWarrantyMarginReversed
2676000 USD
CY2011 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
7939000 USD
CY2012Q1 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
The Company accounts for all derivatives, including those embedded in other contracts, as either assets or liabilities and measures those financial instruments at fair value. The accounting for changes in the fair value of derivatives depends on their intended use and designation. As part of its risk management program, the Company may periodically use forward exchange contracts and interest rate swaps to manage known market exposures. Terms of derivative instruments are structured to match the terms of the risk being managed and are generally held to maturity. The Company does not hold or issue derivative financial instruments for trading purposes. All other contracts that contain provisions meeting the definition of a derivative also meet the requirements of, and have been designated as, normal purchases or sales. The Company’s policy is to not enter into contracts with terms that cannot be designated as normal purchases or sales.          The Company periodically evaluates its monetary asset and liability positions denominated in foreign currencies. The Company enters into forward contracts or options, or borrows in various currencies, in order to hedge its net monetary positions. These instruments are recorded at current market values and the gains and losses are included in other expense (income), net. The notional amount of contracts outstanding as of March 30, 2012, totaled $21 million. The Company believes it uses strong financial counterparts in these transactions and that the resulting credit risk under these hedging strategies is not significant. The Company uses significant other observable inputs to value the derivative instruments used to hedge interest rate volatility and net monetary positions, including reference to market prices and financial models that incorporate relevant market assumptions.
CY2012Q1 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
21000000 USD
CY2011Q4 ggg Unrealized Loss On Derivatives
UnrealizedLossOnDerivatives
120000 USD
CY2011Q4 ggg Unrealizedgainonderivatives
Unrealizedgainonderivatives
218000 USD
CY2012Q1 ggg Unrealizedgainonderivatives
Unrealizedgainonderivatives
206000 USD
CY2012Q1 ggg Unrealized Loss On Derivatives
UnrealizedLossOnDerivatives
71000 USD
CY2012Q1 us-gaap Subsequent Event Amount
SubsequentEventAmount
350000000 USD
CY2012Q1 us-gaap Line Of Credit Facility Expiration Date
LineOfCreditFacilityExpirationDate
March 2017
CY2012Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
450000000 USD
CY2012Q1 ggg Swingline Facility Maximum Borrowing Capacity
SwinglineFacilityMaximumBorrowingCapacity
50000000 USD
CY2012Q1 us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
Loans denominated in U.S. Dollars bear interest, at the Company’s option, at either a base rate or a LIBOR-based rate. Loans denominated in currencies other than U.S. Dollars bear interest at a LIBOR-based rate. The base rate is an annual rate equal to a margin ranging from 0% to 1%, depending on the Company’s cash flow leverage ratio (debt to earnings before interest, taxes, depreciation, amortization and extraordinary, non-operating or non-cash charges and expenses), plus the highest of (i) the bank’s prime rate, (ii) the federal funds rate plus 0.5%, or (iii) one-month LIBOR plus 1.5%. In general, LIBOR-based loans bear interest at LIBOR plus 1% to 2%, depending on the Company’s cash flow leverage ratio.
CY2012Q1 ggg Line Of Credit Facility Unused Capacity Commitment Fee Percentage Minimum
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMinimum
0.0015 pure
CY2012Q1 ggg Line Of Credit Facility Unused Capacity Commitment Fee Percentage Maximum
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentageMaximum
0.004 pure
CY2012Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
300000000 USD
CY2012Q1 us-gaap Debt Instrument Maturity Date Range Start
DebtInstrumentMaturityDateRangeStart
2018
CY2012Q1 us-gaap Debt Instrument Maturity Date Range End
DebtInstrumentMaturityDateRangeEnd
2026
CY2012Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
300000000 USD
CY2012Q1 ggg Long Term Debt Fair Value
LongTermDebtFairValue
330000 USD
CY2012Q1 us-gaap Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
650000000 USD
CY2012Q1 us-gaap Business Acquisition Revenue Reported By Acquired Entity For Last Annual Period
BusinessAcquisitionRevenueReportedByAcquiredEntityForLastAnnualPeriod
375000000 USD

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