Annual report pursuant to Section 13 and 15(d)

Acquisitions and Divestitures (Tables)

v3.22.0.1
Acquisitions and Divestitures (Tables)
 12 Months Ended
Dec. 31, 2021
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The adjusted preliminary purchase price is as follows (in thousands):
Description Fair Value
Accounts receivable $ 6,410 
Inventories 13,240 
Prepaid expenses and other current assets 620 
Property and equipment 368 
Intangibles - customer related 16,000 
Goodwill 10,019 
Operating lease right-of-use-assets 3,043 
Long-term deferred tax assets 1,775 
Accounts payable (6,112)
Accrued expenses and other current liabilities (1,936)
Long-term operating lease liabilities (2,874)
Net assets acquired, excluding cash $ 40,553 
Cash consideration, net of cash acquired $ 38,553 
Acquisition date estimated fair value of earn-out obligation 2,000 
Total consideration $ 40,553