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v3.21.2

Summary of Fair Values of Assets Acquired and Liabilities Assumed Purchase Price Allocation (Details) - USD ($) $ in Thousands | Aug. 31, 2021 | Aug. 30, 2021 | Oct. 01, 2021 | Dec. 31, 2020
--- | --- | --- | --- | ---
Business Acquisition [Line Items] |  |  |  |
Goodwill |  |  | $ 492,940 | $ 285,980
ATI Industrial Automation, Inc. |  |  |  |
Business Acquisition [Line Items] |  |  |  |
Cash |  | $ 10,709 |  |
Accounts receivable |  | 12,596 |  |
Inventories |  | 17,431 |  |
Property, plant and equipment |  | 4,195 |  |
Intangible assets |  | 52,400 |  |
Goodwill |  | 143,851 |  |
Deferred tax assets |  | 345 |  |
Other assets |  | 11,425 |  |
Total assets acquired |  | 252,952 |  |
Accounts payable |  | 5,135 |  |
Deferred tax liabilities |  | 228 |  |
Other liabilities |  | 14,938 |  |
Total liabilities assumed |  | 20,301 |  |
Total assets acquired, net of liabilities assumed |  | 232,651 |  |
Less: cash acquired |  | 10,709 |  |
Less: contingent consideration |  | 51,900 |  |
Initial purchase price, net of cash acquired |  | $ 170,042 |  |
Schneider Electric Motion USA, Inc. |  |  |  |
Business Acquisition [Line Items] |  |  |  |
Cash | $ 3,881 |  |  |
Accounts receivable | 4,240 |  |  |
Inventories | 2,499 |  |  |
Property, plant and equipment | 452 |  |  |
Intangible assets | 54,570 |  |  |
Goodwill | 70,064 |  |  |
Other assets | 776 |  |  |
Total assets acquired | 136,482 |  |  |
Accounts payable | 1,325 |  |  |
Deferred tax liabilities | 12,387 |  |  |
Other liabilities | 3,750 |  |  |
Total liabilities assumed | 17,462 |  |  |
Total assets acquired, net of liabilities assumed | 119,020 |  |  |
Less: cash acquired | 3,881 |  |  |
Total purchase price, net of cash acquired | $ 115,139 |  |  |

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