XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Business Combinations and Asset Acquisitions (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Business Combination and Asset Acquisition [Abstract] |
Schedule of Purchase Price Allocation [Table Text Block] | The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 20, 2023 acquisition date:
(in thousands) | Fair Value
Accounts receivable | $ | 1,394 |
Inventories | 22,718 |
Factor accounts receivable | 51,940 |
Operating lease right-of-use asset | 2,902 |
Prepaid expenses and other current assets | 172 |
Property and equipment, net | 248 |
Intangibles, net(1) | 32,950 |
Accounts payable | (31,857) |
Accrued expenses | (1,699) |
Operating leases - current portion | (474) |
Operating leases - long-term portion | (2,703) |
Total fair value excluding goodwill | $ | 75,591 |
Goodwill | 10,937 |
Net assets acquired | $ | 86,528 |
(1) Consists of a Trademark of $9,050 and customer relationships of $23,900, both of which are amortized over 20 years.

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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 -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration