Annual report pursuant to Section 13 and 15(d)

Note 4 - Acquisitions (Tables)

v3.19.2
Note 4 - Acquisitions (Tables)
12 Months Ended
Jun. 30, 2019
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   
Preliminary
Allocation at
Acquisition
Date
   
Adjustments to
Fair Value
   
Final Opening
Balance Sheet
Allocation
 
Current assets, net of cash
  $
36
     
 
    $
36
 
Equipment and other long-term assets
   
284
     
(56
)
   
228
 
Intangible assets:
                       
Developed technology
   
20,000
     
(7,744
)
   
12,256
 
Goodwill
   
9,790
     
4,691
     
14,481
 
Total assets acquired
   
30,110
     
(3,109
)
   
27,001
 
Liabilities
   
765
     
(469
)
   
296
 
Deferred income taxes, net
   
3,741
     
(2,798
)
   
943
 
Net assets acquired
  $
25,604
    $
158
    $
25,762
 
                         
Cash paid, net of cash acquired
  $
20,404
    $
58
    $
20,462
 
Fair value of contingent consideration
   
5,200
     
100
     
5,300
 
Net assets acquired
  $
25,604
    $
158
    $
25,762
 
   
Preliminary
Allocation at
Acquisition
Date
   
Adjustments to
Fair Value
   
Final Opening
Balance Sheet
Allocation
 
Current assets, net of cash
 
$
5,118
     
(2,507
)
 
$
2,611
 
Equipment and other long-term assets
   
2,212
     
-
     
2,212
 
Intangible assets:
                       
Developed technology
   
180,000
     
(75,000
)
   
105,000
 
Trade name
   
-
     
58,000
     
58,000
 
Customer relationships
   
-
     
2,300
     
2,300
 
Goodwill
   
96,592
     
8,770
     
105,362
 
Total assets acquired
   
283,922
     
(8,437
)
   
275,485
 
Liabilities
   
2,624
     
1,092
     
3,716
 
Deferred income taxes, net
   
27,673
     
(11,327
)
   
16,346
 
Net assets acquired
 
$
253,625
   
$
1,798
   
$
255,423
 
                         
Cash paid, net of cash acquired
 
$
251,825
   
$
(202
)
 
$
251,623
 
Fair value of contingent consideration
   
1,800
     
2,000
     
3,800
 
Net assets acquired
 
$
253,625
   
$
1,798
   
$
255,423
 
   
Preliminary
Allocation at
Acquisition
Date
 
Current assets, net of cash
  $
504
 
Equipment and other long-term assets
   
269
 
Intangible assets:
       
Developed technology
   
14,000
 
Customer relationships    
400
 
Goodwill
   
16,457
 
Total assets acquired
   
31,630
 
Liabilities
   
211
 
Deferred income taxes, net
   
3,377
 
Net assets acquired
  $
28,042
 
         
Cash paid, net of cash acquired
  $
17,448
 
Fair value of contingent consideration
   
5,500
 
Fair value of historical investment in B-MoGen    
5,094
 
Net assets acquired
  $
28,042
 
Business Acquisition, Pro Forma Information [Table Text Block]
   
Year Ended
 
   
June 30,
 
   
2017
   
2016
 
Net sales
 
$
564,220
   
$
523,840
 
Net income
   
99,380
     
110,536
 
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
    Trevigen     Atlanta Biologicals    
Eurocell Diagnostics
    ACD    
Space
 
Current assets, net of cash
$
1,662
  $
15,722
    $
512
    $
15,824
    $
2,128
 
Equipment and other long-term assets
 
53
   
4,901
     
188
     
6,569
     
159
 
Intangible assets:
                                   
Developed technology  
5,100
   
23,000
     
-
     
150,000
     
-
 
Trade name  
160
   
2,300
     
-
     
21,900
     
-
 
Customer relationships
 
260
   
3,600
     
6,272
     
6,300
     
6,769
 
Goodwill
 
5,991
   
10,195
     
2,910
     
143,967
     
3,517
 
Total assets acquired
 
13,226
   
59,718
     
9,882
     
344,560
     
12,573
 
                                     
Liabilities
 
387
   
90
     
483
     
4,179
     
1,445
 
Deferred income taxes, net
 
2,195
   
8,354
     
2,070
     
52,743
     
2,125
 
Net assets acquired
$
10,644
  $
51,274
    $
7,329
    $
287,638
    $
9,003
 
                                     
Cash paid, net of cash acquired
 
10,644
   
51,274
    $
5,933
    $
247,038
    $
6,747
 
Consideration payable
 
-
   
-
     
1,396
     
3,600
     
2,256
 
Contingent consideration payable  
-
   
-
     
-
     
37,000
     
-
 
Net assets acquired $
10,644
  $
51,274
    $
7,329
    $
287,638
    $
9,003