Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.22.2
Acquisition (Tables)
 3 Months Ended
Jun. 30, 2022
Business Combinations [Abstract]  
Business Combination, Purchase Price Information
Purchase Price Allocation
Amortization Period (years) Fair Value
Accounts receivable $ 1,267 
Inventories 3,545 
Property, plant and equipment 391 
Other current assets 290 
Other long-term assets 954 
Intangibles:
Customer relationships 9.8 3,301 
Trademarks 9.8 3,397 
Contract-based 5.0 1,280 
Developed technology 15.8 5,189 
Goodwill 18,585 
Total fair value of assets acquired $ 38,199 
Accounts payable (1,022)
Accrued liabilities (637)
Other liabilities (1,201)
Total fair value of liabilities acquired $ (2,860)
Purchase Price $ 35,339 
Business Acquisition, Pro Forma Information The pro forma results presented below are adjusted for the removal of acquisition and other related costs of $286 for the three months ended June 30, 2022.
Three Months Ended June 30, 2022 Three Months Ended June, 30, 2021
Sales $ 97,324  $ 73,635 
Net Income/(loss) 6,162  (295)