Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.22.2.2
Acquisitions (Tables)
12 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The aggregate purchase price of the acquisitions was allocated to the assets acquired and liabilities assumed based on their fair values as of the acquisition date. The following table summarizes the fair values of the assets acquired and liabilities assumed for the fiscal year 2021 acquisitions (in thousands):

Asuragen

Eminence

Current assets, net of cash

$

10,422

$

3,145

Equipment and other long-term assets

 

3,762

1,639

Intangible assets:

  

Developed technology

 

107,000

6,778

In-process research and development

 

22,700

Customer relationships

 

11,700

2,133

Trade names

 

2,000

Non-competition agreement

 

1,000

Goodwill

 

90,563

7,848

Total assets acquired

 

249,147

21,543

Liabilities

 

4,963

1,436

Deferred income taxes, net

 

10,297

1,357

Net assets acquired

$

233,887

$

18,750

Cash paid, net of cash acquired

 

215,587

9,765

Contingent consideration payable

 

18,300

8,985

Net assets acquired

$

233,887

$

18,750