XML 88 R78.htm IDEA: XBRL DOCUMENT v3.21.2
Business Acquisitions - Telerob (Details)
€ in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
May 03, 2021
USD ($)
May 03, 2021
EUR (€)
Jul. 31, 2021
USD ($)
Aug. 01, 2020
USD ($)
Apr. 30, 2021
USD ($)
May 03, 2021
EUR (€)
Business Acquisitions            
Number of months until escrow will be release 30 months 30 months        
Fair value of assets acquired:            
Goodwill     $ 335,029   $ 314,205  
Telerob [Member]            
Business Acquisitions            
Total paid $ 45,400 € 37,455        
Amount held in escrow 3,636         € 3,000
Amount of indebtedness paid 9,468 7,811        
Fair value of assets acquired:            
Unbilled receivable 829          
Prepaid and other current assets 314          
Operating lease assets (1,508)          
Other assets 154          
Other intangible asset 102          
Goodwill 21,140          
Total assets acquired 60,637          
Fair value of liabilities assumed:            
Accounts payable 1,136          
Wages and related accruals 560          
Current operating lease liabilities 361          
Customer advances 1,243          
Other current liabilities 3,310          
Non-current operating lease liabilities 1,147          
Other non-current liabilities 224          
Deferred income taxes, net 5,617          
Total liabilities assumed 13,598          
Total identifiable net assets 47,039          
Fair value of consideration transferred:            
Cash consideration, net of cash acquired 46,150          
Equity consideration 889          
Total 47,039          
Supplemental Pro Forma Information (unaudited)            
Revenue       $ 95,143 101,009  
Net income (loss)       $ 8,856 $ (12,298)  
SG&A | Telerob [Member]            
Business Acquisitions            
Acquisition-related costs     $ 411      
Technology | Telerob [Member]            
Fair value of assets acquired:            
Accounts receivable 1,045          
Intangible assets 11,500          
Backlog | Telerob [Member]            
Fair value of assets acquired:            
Intangible assets 2,400          
Customer relationships | Telerob [Member]            
Fair value of assets acquired:            
Intangible assets 5,000          
In-process research and development | Telerob [Member]            
Fair value of assets acquired:            
Inventories, net 15,074          
Non-compete agreements | Telerob [Member]            
Fair value of assets acquired:            
Property and equipment, net 1,571          
Business Combination, Specific Revenue Targets Achieved In First Earnout Year [Member] | Telerob [Member]            
Business Acquisitions            
Contingent consideration paid $ 2,424 € 2,000        
Period to obtain target 12 months 12 months        
Business Combination, Specific Revenue Targets Achieved Following The First Earnout Year [Member] | Telerob [Member]            
Business Acquisitions            
Contingent consideration paid $ 2,424 € 2,000        
Period to obtain target 12 months 12 months        
Business Combination, Specific Awards Or Orders From US Military Are Achieved Prior To 36 Month Post Closing Period [Member] | Telerob [Member]            
Business Acquisitions            
Contingent consideration paid $ 2,424 € 2,000        
Period to obtain target 36 months 36 months