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Acquisitions (Tables) | 3 Months Ended
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Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Preliminary Allocation of Purchase Price | The following presents the updated preliminary allocation of purchase price, net of cash acquired of $10,382, to the assets acquired and liabilities assumed under the RegO acquisition, based on their estimated fair values at their acquisition dates:
|  | Total
Accounts receivable |  | $ | 34,283 |
Inventories |  | 77,775 |
Other current assets |  | 2,958 |
Property, plant and equipment |  | 52,873 |
Goodwill |  | 272,520 |
Intangible assets |  | 234,000 |
Other assets and deferred charges |  | 884 |
Current liabilities |  | (20,152) |
Non-current liabilities |  | (30,448) |
Net assets acquired |  | $ | 624,693 |
The following presents the updated preliminary allocation of purchase price to the assets acquired and liabilities assumed under the Acme Cryogenics acquisition, based on their estimated fair values at acquisition date:
|  | Total
Current assets, net of cash acquired |  | $ | 30,184 |
Property, plant and equipment |  | 8,640 |
Goodwill |  | 167,269 |
Intangible assets |  | 127,300 |
Other assets and deferred charges |  | 5,057 |
Current liabilities |  | (9,085) |
Non-current liabilities |  | (37,080) |
Net assets acquired |  | $ | 292,285 |
Goodwill and Major Intangible Assets Acquired | The amounts assigned to goodwill and major intangible asset classifications were as follows:
| Amount allocated |  | Useful life (in years)
Goodwill - tax deductible | $ | 154,445 |  |  | na
Goodwill - non-deductible | 118,075 |  |  | na
Customer intangibles | 173,000 |  |  | 15
Patents | 40,000 |  |  | 12
Trademarks | 21,000 |  |  | 16
| $ | 506,520 |  |  |  |  |
The amounts assigned to goodwill and major intangible asset classifications were as follows:
| Amount allocated |  | Useful life (in years)
Goodwill - non-deductible | $ | 167,269 |  |  | na
Customer intangibles | 99,000 |  |  | 15
Unpatented technologies | 21,800 |  |  | 12
Trademarks | 6,500 |  |  | 16
| $ | 294,569 |  |  |  |  |

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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