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Business Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2023
TEWA Temperature Sennsors SP.Zo.o. |
Business Acquisition [Line Items] |
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the consideration paid, the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition:
|  | Fair Values at February 28, 2022 |
Accounts receivable |  | $ | 2,521 |
Inventory |  |  | 3,136 |
Other current assets |  |  | 69 |
Property, plant and equipment |  |  | 654 |
Other assets |  |  | 27 |
Goodwill |  |  | 8,473 |
Intangible assets |  |  | 13,650 |
Fair value of assets acquired |  |  | 28,530 |
Less fair value of liabilities acquired |  |  | (4,809 | )
Purchase price |  | $ | 23,721 |
Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets | The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:
|  | Carrying Value |  |  | Weighted Average Amortization Period |
Customer lists/relationships |  | $ | 13,000 |  |  |  | 12.0 |
Technology and other intangibles |  |  | 650 |  |  |  | 3.0 |
Total |  | $ | 13,650 |  |  |  |
Ferroperm Piezoceramics A/S Acquisition |
Business Acquisition [Line Items] |
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the final consideration paid, the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition:
|  | Fair Values at June 30, 2023 |
Accounts receivable |  | $ | 3,073 |
Inventory |  |  | 6,848 |
Other current assets |  |  | 1,003 |
Property, plant and equipment |  |  | 3,953 |
Other assets |  |  | 158 |
Goodwill |  |  | 31,985 |
Intangible assets |  |  | 38,100 |
Fair value of assets acquired |  |  | 85,120 |
Less fair value of liabilities acquired |  |  | (12,780 | )
Purchase price |  | $ | 72,340 |
Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets | The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:
|  | Carrying Value |  |  | Weighted Average Amortization Period |
Customer lists/relationships |  | $ | 31,800 |  |  |  | 16.0 |
Technology and other intangibles |  |  | 6,300 |  |  |  | 14.0 |
Total |  | $ | 38,100 |  |  |  |
Maglab AG Acquisition |
Business Acquisition [Line Items] |
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the final consideration paid, the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition:
|  | Consideration Paid |
Cash paid, net of cash acquired of $14 |  | $ | 4,153 |
Contingent consideration |  |  | 3,564 |
Purchase price |  | $ | 7,717 |
|  | Fair Values at February 6, 2023 |
Accounts receivable |  | $ | 348 |
Inventory |  |  | 43 |
Other current assets |  |  | 41 |
Property, plant and equipment |  |  | 35 |
Goodwill |  |  | 4,997 |
Intangible assets |  |  | 2,860 |
Fair value of assets acquired |  |  | 8,324 |
Less fair value of liabilities acquired |  |  | (607 | )
Purchase price |  | $ | 7,717 |
Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets | The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:
|  | Carrying Value |  |  | Weighted Average Amortization Period |
Customer lists/relationships |  | $ | 2,800 |  |  |  | 13.0 |
Technology and other intangibles |  |  | 60 |  |  |  | 3.0 |
Total |  | $ | 2,860 |  |  |  |

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- 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
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