XML 79 R34.htm IDEA: XBRL DOCUMENT
v3.20.1

Acquisitions (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2020
Summary of Purchase Price | The purchase price of ESI consisted of the following:
Cash paid for outstanding shares(1) |  | $ | 1,032.7 |
Settlement of share-based compensation awards(2) |  |  | 30.6 |
Total purchase price |  |  | 1,063.3 |
Less: Cash and cash equivalents acquired |  |  | (44.1 | )
Total purchase price, net of cash and cash equivalents acquired |  | $ | 1,019.2 |
| (1) | Represents cash paid of $30.00 per share for approximately 34,422,361 shares of ESI common stock, without interest and subject to a deduction for any required withholding tax.
| (2) | Represents the vested but not issued portion of ESI share-based compensation awards as of the acquisition date of February 1, 2019.
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed | The following table summarizes the final allocation of the purchase price to the fair values assigned to assets acquired and liabilities assumed at the date of the ESI Merger:
Current assets (excluding inventory) |  | $ | 208.0 |
Inventory |  |  | 81.7 |
Intangible assets |  |  | 316.2 |
Goodwill |  |  | 474.0 |
Property, plant and equipment |  |  | 65.5 |
Long-term assets |  |  | 9.6 |
Total assets acquired |  |  | 1,155.0 |
Current liabilities |  |  | 51.5 |
Non-current deferred taxes |  |  | 33.0 |
Other long-term liabilities |  |  | 7.2 |
Total liabilities assumed |  |  | 91.7 |
Fair value of assets acquired and liabilities assumed |  |  | 1,063.3 |
Less: Cash and cash equivalents acquired |  |  | (44.1 | )
Total purchase price, net of cash and cash equivalents acquired |  | $ | 1,019.2 |
Schedule of Unaudited Pro Forma Financial Information | The following unaudited pro forma financial information presents the combined results of operations of the Company as if the ESI Merger had occurred on January 1, 2018. The unaudited pro forma financial information is not necessarily indicative of what the Company’s condensed consolidated results of operations actually would have been had the acquisition occurred at the beginning of the year. In addition, the unaudited pro forma financial information does not attempt to project the future results of operations of the combined Company.
|  | Three Months Ended March 31, 2019 |
Total net revenues |  | $ | 478.1 |
Net income |  | $ | 39.7 |
Net income per share: |  |  |  |
Basic |  | $ | 0.72 |
Diluted |  | $ | 0.72 |
Precisive, LLC [Member] |
Allocation of Acquired Intangible Assets and Related Estimates of Useful Lives | The following table reflects the allocation of the acquired intangible assets and related estimate of useful lives:
Completed technology - Laser |  | $ | 255.7 |  |  | 12 years
Completed technology - Non-Laser |  |  | 18.3 |  |  | 10 years
Trademarks and trade names |  |  | 14.4 |  |  | 7 years
Customer relationships |  |  | 25.4 |  |  | 10 years
Backlog |  |  | 2.4 |  |  | 1 year
|  | $ | 316.2 |  |  |

X
- Definition Schedule of allocation of purchase price. + References No definition available. + Details
Name: | mksi_ScheduleOfAllocationOfPurchasePriceTableTextBlock
Namespace Prefix: | mksi_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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 http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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 http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=mksi_PrecisiveLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |