XML 38 R28.htm IDEA: XBRL DOCUMENT v3.25.3
Note 2 - Acquisitions (Tables)
3 Months Ended
Sep. 30, 2025
Notes Tables  
Business Combination, Pro Forma Information [Table Text Block]

(in thousands)

 

Three Months Ended September 30, 2024

 

Net sales

 $197,686 

Net income

  26,458 
Amran Instrument Transformers and Narayan Powertech Pvt. Ltd. [Member]  
Notes Tables  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
  

Final Allocation as of September 30, 2025

 

Fair value of business combination:

    

Total cash consideration

 $415,604 

Less: cash acquired

  (7,114)

Stock consideration

  25,953 

Total

 $434,443 
     
     

Identifiable assets acquired and liabilities assumed:

    

Other acquired assets

 $11,799 

Accounts receivable

  25,863 

Inventories

  13,677 

Customer backlog

  10,100 

Property, plant, and equipment

  2,816 

Identifiable intangible assets

  136,000 

Goodwill

  298,383 

Deferred tax liabilities, net

  (19,990)

Other liabilities assumed

  (17,471)

Total identifiable assets acquired and liabilities assumed

  461,177 
     

Redeemable noncontrolling interest (see Note 18)

  (26,734)
     

Total identifiable assets, liabilities and redeemable noncontrolling interest

 $434,443 
McStarlite [Member]  
Notes Tables  
Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]
  

Preliminary Allocation as of June 30, 2025

  

Adjustments

  

Preliminary Allocation as of September 30, 2025

 

Total purchase consideration:

            

Cash payments

 $57,549  $-  $57,549 

Less: cash acquired

  (586)  -   (586)

Total

 $56,963  $-  $56,963 
             

Identifiable assets acquired and liabilities assumed:

            

Other acquired assets

 $8,808  $-  $8,808 

Inventories

  6,744   -   6,744 

Customer backlog

  3,970   -   3,970 

Property, plant, and equipment

  8,603   -   8,603 

Identifiable intangible assets

  24,500   -   24,500 

Goodwill

  16,761   (554)  16,207 

Liabilities assumed

  (12,423)  554   (11,869)

Total

 $56,963  $-  $56,963