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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Assets and Liabilities Disposed
The assets and liabilities of Lamex which were disposed of in conjunction with the sale are as follows:
As of
July 20, 2022
Assets:
Cash and cash equivalents$5.5 
Receivables20.1 
Allowance for doubtful accounts(0.5)
Inventories, net6.9 
Prepaid expenses and other current assets6.4 
Buildings6.2 
Machinery and equipment25.9 
Accumulated depreciation(17.0)
Right-of-use - Operating Leases5.8 
Goodwill and Other Intangible Assets, net10.9 
Total Assets$70.4 
Liabilities:
Accounts payable and accrued expenses$36.1 
Current lease obligations - Operating1.7 
Long-Term Lease Obligations - Operating4.9 
Deferred Income Taxes0.1 
Total Liabilities$42.7 
Schedule of Asset Acquisition
The purchase price allocation for Trinity and OGC, and estimated amortization periods of identified intangible assets as of the respective dates of acquisition is as follows:
TrinityOGC
Fair Value Amortization PeriodFair ValueAmortization Period
Cash$— $0.3 
Inventories1.9 4.5 
Receivables4.6 1.8 
Prepaid expenses and other current assets— 1.2 
Property, plant, and equipment0.3 0.5 
Accounts payable and accrued expenses(1.7)(2.8)
Goodwill14.2 2.4 
Customer lists12.0 13 Years4.9 10 Years
Trade names— 2.5 10 Years
Total net assets$31.3 $15.3