The following table summarizes the aggregate fair values of the assets acquired and liabilities assumed for acquisitions during the periods ended March 31, 2024, and March 31, 2023:
|
|
|
|
|
|
|
|
|
|
|
Total Acquisitions |
|
|
|
2024 |
|
|
2023 |
|
|
|
(in thousands) |
|
Accounts receivable |
|
$ |
4,546 |
|
|
$ |
— |
|
Inventories |
|
|
1,935 |
|
|
|
11,712 |
|
Other current assets |
|
|
5 |
|
|
|
— |
|
Property, plant and equipment |
|
|
2,857 |
|
|
|
8,021 |
|
Operating lease right-of-use assets |
|
|
2,888 |
|
|
|
4,438 |
|
Finance lease right-of-use assets |
|
|
— |
|
|
|
528 |
|
Goodwill |
|
|
26,301 |
|
|
|
38,501 |
|
Intangible assets |
|
|
24,089 |
|
|
|
26,700 |
|
Other assets |
|
|
— |
|
|
|
126 |
|
Total assets |
|
$ |
62,621 |
|
|
$ |
90,026 |
|
|
|
|
|
|
|
|
Accounts payable |
|
$ |
702 |
|
|
$ |
— |
|
Accrued liabilities |
|
|
23 |
|
|
|
— |
|
Contract liabilities |
|
|
24 |
|
|
|
490 |
|
Operating lease liabilities |
|
|
2,888 |
|
|
|
4,438 |
|
Finance lease liabilities |
|
|
— |
|
|
|
528 |
|
Total liabilities |
|
$ |
3,637 |
|
|
$ |
5,456 |
|
|
|
|
|
|
|
|
Total purchase consideration |
|
|
58,984 |
|
|
|
84,570 |
|
Less: accrued contingent consideration and purchase price adjustments |
|
|
(279 |
) |
|
|
(5,600 |
) |
Total cash consideration |
|
$ |
58,705 |
|
|
$ |
78,970 |
|
|