| 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 September 30, 2024, and 2023:
|
|
|
|
|
|
|
|
|
|
|
Total Acquisitions |
|
|
|
2024 |
|
|
2023 |
|
|
|
(in thousands) |
|
Cash and cash equivalents |
|
$ |
7,749 |
|
|
$ |
— |
|
Accounts receivable |
|
|
26,749 |
|
|
|
9,235 |
|
Other receivables |
|
|
127 |
|
|
|
— |
|
Inventories |
|
|
22,969 |
|
|
|
24,154 |
|
Contract assets |
|
|
454 |
|
|
|
— |
|
Other current assets |
|
|
410 |
|
|
|
70 |
|
Property, plant and equipment |
|
|
51,550 |
|
|
|
11,744 |
|
Operating lease right-of-use assets |
|
|
14,502 |
|
|
|
11,868 |
|
Finance lease right-of-use assets |
|
|
— |
|
|
|
528 |
|
Intangible assets |
|
|
82,125 |
|
|
|
50,735 |
|
Other assets |
|
|
134 |
|
|
|
126 |
|
Total assets |
|
|
206,769 |
|
|
|
108,460 |
|
|
|
|
|
|
|
|
Accounts payable |
|
|
4,709 |
|
|
|
727 |
|
Accrued liabilities |
|
|
4,612 |
|
|
|
701 |
|
Contract liabilities |
|
|
130 |
|
|
|
2,260 |
|
Operating lease liabilities |
|
|
14,502 |
|
|
|
11,868 |
|
Finance lease liabilities |
|
|
— |
|
|
|
528 |
|
Total liabilities |
|
|
23,953 |
|
|
|
16,084 |
|
|
|
|
|
|
|
|
Goodwill |
|
|
90,359 |
|
|
|
64,280 |
|
Total purchase consideration |
|
|
273,175 |
|
|
|
156,656 |
|
Accrued contingent consideration and purchase price adjustments |
|
|
(8,570 |
) |
|
|
(13,750 |
) |
Less: cash acquired |
|
|
(7,749 |
) |
|
|
— |
|
Total cash consideration |
|
$ |
256,856 |
|
|
$ |
142,906 |
|
|