| Schedule of the aggregate purchase price of the acquisitions that was allocated to the assets acquired and liabilities assumed |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preliminary allocation at acquisition date |
|
Adjustments to fair value |
|
Final allocation at June 30, 2023 |
Current assets, net of cash |
$ |
3,248 |
|
$ |
|
|
$ |
3,248 |
Equipment and other long-term assets |
|
405 |
|
|
|
|
|
405 |
Intangible assets: |
|
|
|
|
|
|
|
|
Developed technologies |
|
73,900 |
|
|
|
|
|
73,900 |
Tradenames |
|
700 |
|
|
|
|
|
700 |
Customer relationships |
|
900 |
|
|
|
|
|
900 |
Non-competition agreement |
|
100 |
|
|
|
|
|
100 |
Goodwill |
|
51,051 |
|
|
206 |
|
|
51,257 |
Total assets acquired |
|
130,304 |
|
|
206 |
|
|
130,510 |
|
|
|
|
|
|
|
|
|
Liabilities |
|
546 |
|
|
|
|
|
546 |
Deferred income taxes, net |
|
17,974 |
|
|
206 |
|
|
18,180 |
Net assets acquired |
$ |
111,784 |
|
$ |
— |
|
$ |
111,784 |
|
|
|
|
|
|
|
|
|
Cash paid, net of cash acquired |
|
101,184 |
|
|
|
|
|
101,184 |
Contingent consideration payable |
|
10,600 |
|
|
|
|
|
10,600 |
Net assets acquired |
$ |
111,784 |
|
$ |
— |
|
$ |
111,784 |
|
| Schedule of the aggregate purchase price of the acquisitions that was allocated to the assets acquired and liabilities assumed |
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 |
|