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Acquisitions - MRL Acquisition (Details) - USD ($)
$ in Millions
12 Months Ended
Jul. 01, 2019
Dec. 31, 2019
Business Acquisition [Line Items]    
Definite-lived intangible asset, useful life   12 years
Goodwill   $ 13.9
MRL    
Business Acquisition [Line Items]    
Purchase price, inclusive of adjustment for working capital and other post-closing items [1] $ 49.0  
Contingent consideration [2] 4.1  
Total consideration 53.1  
Cash 0.2  
Accounts receivable 3.8  
Inventories 13.8  
Prepaid expenses and other current assets 0.3  
Properties and equipment 6.4  
Operating lease right-of use-assets 4.6  
Other long-term assets 0.1  
Customer relationships [3] 17.7  
Trade names [4] 9.0  
Other intangible assets 1.4  
Operating lease liabilities (4.6)  
Accounts payable (3.7)  
Accrued liabilities (1.9)  
Customer deposits (6.5)  
Deferred tax liabilities (1.4)  
Net assets acquired 39.2  
Goodwill [5] $ 13.9  
Customer Relationships | MRL    
Business Acquisition [Line Items]    
Definite-lived intangible asset, useful life   12 years
[1]
The purchase price was funded with borrowings under the Company’s revolving credit facility. The purchase price includes adjustments for working capital and other post-closing items, which were finalized in the fourth quarter of 2019, with the Company receiving $0.8 million in the first quarter of 2020.
[2]
Represents the estimated fair value of the contingent earn-out payment as of the acquisition date, which is included as a component of Other long-term liabilities on the Consolidated Balance Sheets. See Note 18 – Fair Value Measurements for discussion of the methodology used to determine the fair value of the contingent earn-out payment.
[3]
Represents the fair value assigned to customer relationships, which are considered to be definite-lived intangible assets, with an estimated useful life of approximately 12 years.
[4]
Represents the fair value assigned to trade names, which are considered to be indefinite-lived intangible assets.
[5]
Goodwill, the majority of which is tax-deductible, has been allocated to the Environmental Solutions Group on the basis that the synergies identified will primarily benefit this segment.