XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.23.3

Acquisitions (Tables) | 9 Months Ended
--- | ---
Oct. 28, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the aggregate consideration paid (dollars in millions):
Assets |
Cash and equivalents | $ | 8.3 |
Accounts receivable | 47.6 |
Other current assets | 0.1 |
Property and equipment, net | 9.9 |
Goodwill | 37.4 |
Intangible assets, net | 42.2 |
Other assets | 0.8 |
Total assets | 146.3 |
Liabilities |
Accounts payable | 8.2 |
Other accrued liabilities | 2.8 |
Income taxes payable | 4.1 |
Total liabilities | 15.1 |
Net Assets Acquired | $ | 131.2 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination | The Company recorded intangible assets based on its preliminary estimate of fair value which consisted of the following (dollars in millions):
| Estimated Useful Life (in years) |  | Intangible Assets Acquired
Customer relationships | 12.0 |  | $ | 26.8 |
Backlog intangibles | 3.0 |  | 11.6 |
Trade names | 10.0 |  | 3.8 |
Total intangible assets acquired |  |  | $ | 42.2 |

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 -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 + 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 -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
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration