VF Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions and Dispositions (Tables)

Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 2012

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

The following table summarizes the 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 2011 Acquisition of Timberland had Occured at Beginning of 2010

Unaudited pro forma results of operations for VF are presented below assuming that the 2011 acquisition of Timberland had occurred at the beginning of 2010.


	Three Months		Six Months
In thousands, except per share amounts	Ended June 2011		Ended June 2011
Total Revenues	$	2,080,250	$	4,388,053
Net Income attributable to VF Corporation		101,105		311,254
Earnings per common share
Basic	$	0.93	$	2.86
Diluted		0.91		2.82

- 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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