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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2020

Fry Steel

Acquisitions

Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

​

​	​	​
​	(in millions)
Cash	$	17.1
Accounts receivable	​	5.7
Inventories	​	39.3
Property, plant and equipment	​	29.9
Goodwill	​	60.5
Intangible assets subject to amortization	​	26.0
Intangible assets not subject to amortization	​	30.3
Other current and long-term assets	​	0.3
Total assets acquired	​	209.1
Other current and long-term liabilities	​	8.3
Total liabilities assumed	​	8.3
Net assets acquired	$	200.8

All Metals, DuBose and KMS

Acquisitions

Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

​

​	​	​
​	(in millions)
Cash	$	2.4
Accounts receivable	​	13.1
Inventories	​	10.0
Property, plant and equipment	​	20.1
Goodwill	​	32.9
Intangible assets subject to amortization	​	25.0
Intangible assets not subject to amortization	​	18.3
Other current and long-term assets	​	1.1
Total assets acquired	​	122.9
Current and long-term debt	​	25.9
Deferred taxes	​	5.4
Other current and long-term liabilities	​	9.6
Total liabilities assumed	​	40.9
Net assets acquired	$	82.0

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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472

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