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Business Combinations (Tables) | 6 Months Ended
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Jun. 30, 2020
Business Combinations [Abstract] |
Schedule of recognized identified assets acquired In business combination | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed in the AXC acquisition as of the acquisition date:
| June 30, 2020 |  | Adjustments |  | As Previously Reported December 31, 2019
Net assets acquired: |  |  |  |  |
Identifiable intangible assets | $ | 256.4 |  |  | $ | — |  |  | $ | 256.4 |
Goodwill | 287.9 |  |  | 0.4 |  |  | 287.5 |
Property, plant and equipment | 34.2 |  |  | — |  |  | 34.2 |
Other assets | 53.1 |  |  | — |  |  | 53.1 |
Liabilities | (31.9) |  |  | (0.4) |  |  | (31.5) |
Net assets acquired | $ | 599.7 |  |  | $ | — |  |  | $ | 599.7 |
Schedule of identifiable intangible assets acquired | Information regarding identifiable intangible assets acquired in the AXC acquisition is presented below:
| Weighted-average Estimated Useful Life |  | Estimated Asset Fair Value
Finite-lived intangible assets: |  |  |
Customer relationships | 14.0 years |  | $ | 139.1 |
Unpatented technology | 10.0 years |  | 42.1 |
Backlog (1) | 1.0 year |  | 19.2 |
Other identifiable intangible assets (1) | 4.0 years |  | 1.0 |
Total finite-lived intangible assets acquired | 11.0 years |  | 201.4 |
Indefinite-lived intangible assets: |  |  |
Trademarks and trade names |  |  | 55.0 |
Total identifiable intangible assets acquired |  |  | $ | 256.4 |
_______________ (1) Backlog and other identifiable intangible assets are included in “Patents and other” in Note 7, “Goodwill and Intangible Assets.”
Schedule of pro forma information | The following table presents pro forma sales, net income attributable to Chart Industries, Inc., and net income attributable to Chart Industries, Inc. per common share data assuming AXC was acquired at the beginning of the 2019 fiscal year:
| Three Months Ended June 30, 2019 |  | Six Months Ended June 30, 2019
Pro forma sales | $ | 382.1 |  |  | $ | 747.7 |
Pro forma net income attributable to Chart Industries, Inc. | 19.4 |  |  | 25.2
Pro forma net income attributable to Chart Industries, Inc. per common share, basic | $ | 0.54 |  |  | $ | 0.71 |
Pro forma net income attributable to Chart Industries, Inc. per common share, diluted | 0.51 |  |  | 0.66 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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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 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 -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 + Details
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