Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.22.2.2
Acquisition (Tables)
 6 Months Ended
Sep. 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 non-current 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 18,620 
Total fair value of assets acquired $ 38,234 
Accounts payable (1,098)
Accrued liabilities (637)
Other liabilities (1,200)
Total fair value of liabilities acquired $ (2,935)
Purchase Price $ 35,299 
Business Acquisition, Pro Forma Information The pro forma results presented below are adjusted for the removal of acquisition and other related costs of $286 which were incurred in our first fiscal quarter ended June 30, 2022.
in thousands, unaudited Three Months Ended September 30, 2022 Three Months Ended September, 30, 2021 Six Months Ended September 30, 2022 Six Months Ended September, 30, 2021
Sales $ 100,557  $ 84,401  $ 197,863  $ 157,990 
Net Income/(loss) 10,984  1,221  17,257  814