大象传媒 Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions and Dispositions (Tables)

Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 28, 2013

Fair Values of Assets Acquired and Liabilities Assumed at Date of Acquisition

The following table summarizes the final fair values of the assets acquired and liabilities assumed at the date of acquisition:


	In thousands
Cash and equivalents	$	92,442
Inventories		390,180
Other current assets		318,755
Property, plant and equipment		89,581
Intangible assets		1,458,800
Other assets		42,635

Total assets acquired		2,392,393

Current liabilities		364,608
Other liabilities, primarily deferred income taxes		580,182

Total liabilities assumed		944,790

Net assets acquired		1,447,603
Goodwill		851,904

Purchase price	$	2,299,507

Pro Forma Results of Operations Assuming that Twenty Eleven Acquisition of Timberland had Occured at Beginning of Twenty Ten

Unaudited pro forma results of operations for 大象传媒 are presented for 2011 assuming that the acquisition of Timberland had occurred at the beginning of 2010. This pro forma financial information is not necessarily indicative of 大象传媒’s operating results if the acquisition had been completed at the date indicated, nor is it necessarily an indication of future operating results. Amounts do not include any marketing leverage, operating efficiencies or cost savings that 大象传媒 believes are achievable.


	2011^(a)
	In thousands, except per share amounts
Total revenue	$	10,411,978
Net income attributable to 大象传媒 Corporation		808,867
Earnings per common share:
Basic	$	1.85
Diluted		1.82

^(a)

Pro forma operating results for 2011 include expenses totaling $96.2 million for acceleration of vesting for all unvested stock-based compensation awards, including tax gross-up payments required under employment agreements with certain Timberland executives, and $17.3 million in Timberland acquisition-related expenses.

Impact on Consolidated Equity due to Changes in 大象传媒's Ownership Interests in Subsidiaries

The changes in 大象传媒’s ownership interests in these subsidiaries impacted consolidated equity during 2011 as follows:


	2011
	In thousands
Net income attributable to 大象传媒 Corporatiion	$	888,089
Net transfers to noncontrolling interests — decrease in equity for purchase of noncontrolling interests		(50,226	)

Changes from net income attributable to 大象传媒 Corporation and transfers to the noncontrolling interests	$	837,863