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ACQUISITIONS (Tables) | 6 Months Ended
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Jun. 30, 2023
ACQUISITIONS |
Schedule of assets acquired and liabilities assumed | ​
​ | ​ | ​ | ​
Assets acquired and liabilities assumed |  | Preliminary Purchase Price Allocation
Cash and cash equivalents | ​ | $ | 52,330
Accounts receivable | ​ |  | 64,439
Inventory | ​ |  | 62,584
Property, plant and equipment (1) | ​ |  | 36,863
Intangible assets (2) | ​ |  | 69,928
Accounts payable | ​ |  | 17,996
Net other assets and liabilities (3) | ​ |  | 200,535
Total purchase price consideration | ​ | $ | 468,683
​
| (1) | Property, plant and equipment acquired includes a number of manufacturing and distribution sites, including the related facilities, land and leased sites, and machinery and equipment for use in manufacturing operations.
| (2) | Intangible asset balances of $22,000 and $18,778, respectively, were assigned to trade names and customer relationships (15 year weighted average useful life). Of the remaining amount, $24,900 was assigned to technology know-how (10 year weighted average useful life) and $4,250 was assigned to restrictive covenants (4 year weighted average life).
| (3) | Consists primarily of goodwill of $246,133.

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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://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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