| Summary of Aggregate Fair Values of Assets Acquired and Liabilities Assumed |
The following table summarizes the aggregate fair values of the assets acquired and liabilities assumed for acquisitions during the periods ended June 30, 2024, and June 30, 2023:
|
|
|
|
|
|
|
|
|
|
|
Total Acquisitions |
|
|
|
2024 |
|
|
2023 |
|
|
|
(in thousands) |
|
Cash and cash equivalents |
|
$ |
843 |
|
|
$ |
— |
|
Accounts receivable |
|
|
11,573 |
|
|
|
1,508 |
|
Inventories |
|
|
12,207 |
|
|
|
13,330 |
|
Other current assets |
|
|
105 |
|
|
|
28 |
|
Property, plant and equipment |
|
|
33,312 |
|
|
|
9,071 |
|
Operating lease right-of-use assets |
|
|
3,737 |
|
|
|
8,356 |
|
Finance lease right-of-use assets |
|
|
— |
|
|
|
528 |
|
Intangible assets |
|
|
37,705 |
|
|
|
30,850 |
|
Other assets |
|
|
— |
|
|
|
126 |
|
Total assets |
|
$ |
99,482 |
|
|
$ |
63,797 |
|
|
|
|
|
|
|
|
Accounts payable |
|
$ |
1,148 |
|
|
$ |
— |
|
Accrued liabilities |
|
|
2,437 |
|
|
|
60 |
|
Contract liabilities |
|
|
104 |
|
|
|
1,250 |
|
Operating lease liabilities |
|
|
3,737 |
|
|
|
8,355 |
|
Finance lease liabilities |
|
|
— |
|
|
|
528 |
|
Total liabilities |
|
$ |
7,426 |
|
|
$ |
10,193 |
|
|
|
|
|
|
|
|
Goodwill |
|
|
41,677 |
|
|
|
42,965 |
|
Total purchase consideration |
|
|
133,733 |
|
|
|
96,569 |
|
Accrued contingent consideration and purchase price adjustments |
|
|
28 |
|
|
|
(6,010 |
) |
Less: cash acquired |
|
|
(843 |
) |
|
|
— |
|
Total cash consideration |
|
$ |
132,918 |
|
|
$ |
90,559 |
|
|