Quarterly report pursuant to Section 13 or 15(d)

Acquisition and Divestitures (Tables)

v3.21.2
Acquisition and Divestitures (Tables)
 9 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The total preliminary estimated purchase price has been allocated to assets acquired (including identifiable intangible assets and goodwill) and liabilities assumed, as follows (in thousands):
Description Fair Value
Accounts receivable $ 6,410 
Inventories 18,746 
Prepaid expenses and other current assets 620 
Property and equipment 433 
Intangibles - customer related 19,957 
Goodwill 2,088 
Operating lease right-of-use-assets 3,066 
Accounts payable (6,176)
Accrued expenses and other current liabilities (1,800)
Long-term operating lease liabilities (2,897)
Net assets acquired, excluding cash $ 40,447 
Cash consideration, net of cash acquired $ 38,447 
Acquisition date estimated fair value of earn-out obligation 2,000 
Total consideration $ 40,447 
Business Acquisition, Pro Forma Information