Quarterly report pursuant to Section 13 or 15(d)

Acquisition (Tables)

v3.23.2
Acquisition (Tables)
 3 Months Ended
Jun. 30, 2023
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 $126 which were incurred in our first fiscal quarter ended June 30, 2022.
Three Months Ended June 30, 2023 Three Months Ended June 30, 2022
Sales $ 106,889  $ 97,324 
Net income 10,938  6,162