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BUSINESS ACQUISITIONS (Tables) - Artesyn's Embedded Power Business [Member] | 3 Months Ended
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Mar. 31, 2020
Business Acquisition [Line Items] |
Schedule of components of fair value of total consideration transferred | The components of the fair value of the total consideration transferred for the acquisition is as follows: ​
​ | ​ | ​ | ​
​ |  | ​ | ​
Cash paid for acquisition | ​ | $ | 389,326
Non-cash consideration | ​ |  | 2,000
Contingent consideration and working capital adjustments | ​ | ​ | (6,848)
Total fair value of consideration transferred | ​ | ​ | 384,478
Less cash acquired | ​ |  | (23,225)
Total purchase price | ​ | $ | 361,253
Schedule of fair value of assets acquired and liabilities assumed | ​ The following table summarizes the estimated preliminary fair values of the assets acquired and liabilities assumed from the acquisition, along with the measurement period adjustments that occurred during the quarter: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Preliminary: September 10, 2019 | ​ | Measurement Period Adjustments | ​ | Preliminary: September 10, 2019
Accounts and other receivable, net | ​ | $ | 128,221 | ​ | $ | 4,245 | ​ | $ | 132,466
Inventories | ​ |  | 139,778 | ​ | ​ | 16,629 | ​ | ​ | 156,407
Property and equipment | ​ |  | 63,032 | ​ | ​ | 289 | ​ | ​ | 63,321
Operating lease right-of-use assets | ​ | ​ | 60,073 | ​ | ​ | (5,634) | ​ | ​ | 54,439
Goodwill | ​ |  | 113,040 | ​ | ​ | (421) | ​ | ​ | 112,619
Intangible assets | ​ |  | 124,000 | ​ | ​ | - | ​ | ​ | 124,000
Other assets | ​ |  | 64,018 | ​ | ​ | (155) | ​ | ​ | 63,863
Total assets acquired | ​ |  | 692,162 | ​ | ​ | 14,953 | ​ | ​ | 707,115
Accounts payable | ​ |  | 144,702 | ​ | ​ | 7,933 | ​ | ​ | 152,635
Operating lease liability | ​ | ​ | 60,111 | ​ | ​ | (5,634) | ​ | ​ | 54,477
Pension liability | ​ | ​ | 48,686 | ​ | ​ | (371) | ​ | ​ | 48,315
Deferred income tax liabilities | ​ |  | 5,846 | ​ | ​ | 24 | ​ | ​ | 5,870
Other liabilities | ​ |  | 71,564 | ​ | ​ | 13,001 | ​ | ​ | 84,565
Total liabilities assumed | ​ |  | 330,909 | ​ | ​ | 14,953 | ​ | ​ | 345,862
Total fair value of net assets acquired | ​ | $ | 361,253 | ​ | $ | - | ​ | $ | 361,253
​ A summary of the intangible assets acquired, amortization method and estimated useful lives are as follows: ​
Summary of intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Preliminary: September 10, 2019 | ​ | Measurement Period Adjustments | ​ | Preliminary: September 10, 2019
Accounts and other receivable, net | ​ | $ | 128,221 | ​ | $ | 4,245 | ​ | $ | 132,466
Inventories | ​ |  | 139,778 | ​ | ​ | 16,629 | ​ | ​ | 156,407
Property and equipment | ​ |  | 63,032 | ​ | ​ | 289 | ​ | ​ | 63,321
Operating lease right-of-use assets | ​ | ​ | 60,073 | ​ | ​ | (5,634) | ​ | ​ | 54,439
Goodwill | ​ |  | 113,040 | ​ | ​ | (421) | ​ | ​ | 112,619
Intangible assets | ​ |  | 124,000 | ​ | ​ | - | ​ | ​ | 124,000
Other assets | ​ |  | 64,018 | ​ | ​ | (155) | ​ | ​ | 63,863
Total assets acquired | ​ |  | 692,162 | ​ | ​ | 14,953 | ​ | ​ | 707,115
Accounts payable | ​ |  | 144,702 | ​ | ​ | 7,933 | ​ | ​ | 152,635
Operating lease liability | ​ | ​ | 60,111 | ​ | ​ | (5,634) | ​ | ​ | 54,477
Pension liability | ​ | ​ | 48,686 | ​ | ​ | (371) | ​ | ​ | 48,315
Deferred income tax liabilities | ​ |  | 5,846 | ​ | ​ | 24 | ​ | ​ | 5,870
Other liabilities | ​ |  | 71,564 | ​ | ​ | 13,001 | ​ | ​ | 84,565
Total liabilities assumed | ​ |  | 330,909 | ​ | ​ | 14,953 | ​ | ​ | 345,862
Total fair value of net assets acquired | ​ | $ | 361,253 | ​ | $ | - | ​ | $ | 361,253
Schedule of unaudited pro forma information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31,
​ | ​ | 2019
​ |  | As Reported |  | Pro Forma
Total sales |  | $ | 140,743 |  | $ | 295,975
Net income attributable to Advanced Energy Industries, Inc. |  | $ | 15,370 |  | $ | 21,544
Earnings per share: |  | ​ | ​ |  | ​ | ​
Basic earnings per share | ​ | $ | 0.40 | ​ | $ | 0.56
Diluted earnings per share | ​ | $ | 0.40 | ​ | $ | 0.56

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