XML 51 R40.htm IDEA: XBRL DOCUMENT
v3.22.2

ACQUISITIONS (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract] |
Summary of assets acquired and liabilities assumed at estimated fair value | The following table summarizes the assets acquired and liabilities assumed as of the acquisition dates at estimated fair value.
|  |  | 2021
Assets |  |  |
Cash and equivalents |  |  | $ | 3,852 |
Accounts receivable |  |  | 5,208 |
Inventories |  |  | 606 |
Other Receivable |  |  | 286 |
Prepaid and other |  |  | 1,863 |
Property, plant and equipment |  |  | 14,081 |
Goodwill |  |  | 104,433 |
Intangible assets |  |  | 65,981 |
Operating lease right-of-use assets |  |  | 2,309 |
Other miscellaneous assets |  |  | 78 |
Liabilities |  |  |
Current maturities of long-term obligations, net of unamortized debt issuance costs |  |  | 1,410 |
Accounts payable, accrued and other liabilities |  |  | 9,663 |
Deferred income taxes |  |  | 16,792 |
Operating lease liabilities |  |  | 2,306 |
Deferred and other non-current liabilities |  |  | 5,770 |
Net assets acquired |  |  | $ | 162,756 |
Summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition date | The following table is a summary of the fair value estimates of the acquired identifiable intangible assets and weighted-average useful lives as of the acquisition dates:
|  |  | 2021
|  |  |  |  | Weighted-Average Useful Life (in Years) |  | Estimated Fair Value of Assets
Acquired technology |  |  |  |  | 10 |  | $ | 34,322 |
Customer relationships |  |  |  |  | 11.6 |  | 30,258 |
License agreements and other |  |  |  |  | 0.25 |  | 1,401 |
Total |  |  |  |  |  |  | $ | 65,981 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration