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Acquisitions and Investment (Tables) | 9 Months Ended
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Mar. 31, 2018
II-VI Compound Semiconductor Ltd (Kaiam Laser Limited, Inc) |
Allocation of Purchase Price of Assets Acquired and Liabilities Assumed | The following table presents the preliminary allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition, as the Company intends to finalize its accounting for the acquisition of II-VI Compound Semiconductor Ltd. within one year from the date of acquisition ($000):
Assets |  |  |  |
Accounts receivable |  | $ | 79 |
Inventories |  |  | 4,559 |
Prepaid and other assets |  |  | 1,246 |
Property, plant & equipment |  |  | 63,899 |
Intangible assets |  |  | 4,046 |
Goodwill |  |  | 19,198 |
Total assets acquired |  | $ | 93,027 |
Liabilities |  |  |  |
Accounts payable |  | $ | 751 |
Other accrued liabilities |  |  | 2,486 |
Deferred tax liabilities |  |  | 10,797 |
Total liabilities assumed |  |  | 14,034 |
Net assets acquired |  | $ | 78,993 |
Integrated Photonics, Inc |
Allocation of Purchase Price of Assets Acquired and Liabilities Assumed | The following table presents the preliminary allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition, as the Company intends to finalize its accounting for the valuation of property, plant and equipment, identifiable intangibles and deferred income tax liabilities and anticipates completion of the valuation within one year from the date of the acquisition ($000):
Assets |  |  |  |
Accounts receivable |  | $ | 2,083 |
Inventories |  |  | 3,968 |
Prepaid and other assets |  | 322 |
Property, plant & equipment |  |  | 11,235 |
Intangible assets |  |  | 23,554 |
Goodwill |  |  | 17,514 |
Total assets acquired |  | $ | 58,676 |
Liabilities |  |  |  |
Accounts payable |  | $ | 847 |
Other accrued liabilities |  |  | 1,032 |
Long-term debt assumed |  |  | 3,834 |
Deferred tax liabilities |  |  | 9,802 |
Total liabilities assumed |  |  | 15,515 |
Net assets acquired |  | $ | 43,161 |
Purchase Price at the Date of Acquisition | The following table presents the preliminary purchase price at the date of acquisition ($000):
Net cash paid at acquisition |  | $ | 40,098 |
Working capital adjustment |  |  | 848 |
Fair value of cash earnout arrangement |  |  | 2,215 |
Purchase price |  | $ | 43,161 |
Nonconsolidated Investment |
Schedule of Equity in Nonconsolidated Investment | The following table summarizes the Company's equity in the nonconsolidated investment:
|  | Interest |  | Ownership % as of |  |  | Equity as of
Location |  | Type |  | March 31, 2018 |  |  | March 31, 2018 ($000)
USA |  | Equity Investment |  | 93.80% |  |  | $ |  | 55,841 |  |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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