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BUSINESS ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2020

Business Acquisition [Line Items]

Summary of intangible assets

​

​	​	​	​	​	​	​	​	​
​		​	​		Amortization		​	​
​	​	​	​	​	Method	​	Useful Life	​
Technology	​	$	28,000		Straight-line		5	​
Customer relationships	​		75,000		Straight-line		15	​
Tradename	​		21,000		Straight-line		10	​
Total	​	$	124,000					​

Artesyn's Embedded Power Business [Member]

Business Acquisition [Line Items]

Schedule of components of fair value of total consideration transferred

​

​	​	​	​
​		​	​
Cash paid for acquisition	​	$	390,453
Contingent consideration	​	​	3,008
Total fair value of consideration transferred	​	​	393,461
Less cash acquired	​		(23,225)
Total purchase price	​	$	370,236

Schedule of fair value of assets acquired and liabilities assumed

​

​	​	​	​	​	​	​	​	​	​
​		Preliminary Fair Value			Measurement Period Adjustments			Final Fair Value
Accounts and other receivable, net	​	$	132,466	​	$	—	​	$	132,466
Inventories	​		156,407	​	​	—	​	​	156,407
Property and equipment	​		63,321	​	​	—	​	​	63,321
Operating lease right-of-use assets	​	​	54,439	​	​	—	​	​	54,439
Goodwill	​		117,762	​	​	(2,764)	​	​	114,998
Intangible assets	​		124,000	​	​	—	​	​	124,000
Other assets	​		63,863	​	​	(649)	​	​	63,214
Total assets acquired	​		712,258	​	​	(3,413)	​	​	708,845
Accounts payable	​		152,635	​	​	—	​	​	152,635
Operating lease liability	​	​	54,515	​	​	—	​	​	54,515
Pension liability	​	​	48,315	​	​	—	​	​	48,315
Deferred income tax liabilities	​		5,870	​	​	(4,175)	​	​	1,695
Other liabilities	​		86,648	​	​	(5,199)	​	​	81,449
Total liabilities assumed	​		347,983	​	​	(9,374)	​	​	338,609
Total fair value of net assets acquired	​	$	364,275	​	$	5,961	​	$	370,236

Schedule of unaudited pro forma information

​

​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	Three Months Ended September 30,					​	Nine Months Ended September 30,
​	​	2019					​	2019
​		As Reported			Pro Forma			As Reported			Pro Forma
Total sales		$	175,127		$	293,658		$	450,680		$	864,522
Net income attributable to Advanced Energy Industries, Inc.		$	7,621		$	12,577		$	54,677		$	54,622
Earnings per share:		​	​		​	​		​	​		​	​
Basic earnings per share	​	$	0.20	​	$	0.33	​	$	1.43	​	$	1.43
Diluted earnings per share	​	$	0.20	​	$	0.33	​	$	1.42	​	$	1.42

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