GLOBAL REACH. LEADlNG TECHNOLOGY. - Zonebourse.com

Joy Global Inc.
Notes to Consolidated Financial Statements
October 31, 2008
values of the assets Following is condensed balance sheet data showing the preliminary allocation of the fair values of the assets
acquired and the liabilities assumed as of the date of acquisition:
(In thousands)
Current assets $ 112,648
Property, plant & equipment 33,602
Intangible assets 147,689
Goodwill 111,796
Other assets 554
Current liabilities (73,184)
Deferred Income taxes (73,656)
Other long-term obligations (5,112)
Net assets acquired $ 254,337
gned to trademarks Of the $147.7 million of intangible assets, $53.9 million has been preliminarily assigned to trademarks
een assigned to which the are not being amortized. The remaining $93.8 million of intangible assets has been assigned to the
ears: following categories and are being amortized over a weighted-average useful life of 18 years:
(In thousands)
Customer relationships $ 74,200
Patents 10,490
Backlog 9,099
$ 93,789
y, allocation of We the are still in the process of finalizing the working capital adjustment; accordingly, allocation of the
purchase price is subject to modification in the future.
ade on October Following 29, are Joy Global Inc. pro forma amounts assuming that the acquisition was made on October 29,
2006:
r 26,
3,115
3,865
-
3,865
2.66
-
2.66
2.63
-
2.63
F-34
(In thousands, except per share amounts) Year to Date
October 31,
2008
October 26,
2007
Net sales $ 3,522,860 $ 2,873,115
Income from continuing operations 373,229 293,865
Income from discontinued operations 1,141 -
Net income $ 374,370 $ 293,865
Basic earnings per share:
Income from continuing operations $ 3.47 $ 2.66
Income from discontinued operations .01 -
Net income $ 3.48 $ 2.66
Diluted earnings per share:
Income from continuing operations $ 3.44 $ 2.63
Income from discontinued operations .01 -
Net income $ 3.45 $ 2.63
F-34