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Business Acquisitions (Tables) - Maglab AG Acquisition

6 Months Ended

Jun. 30, 2024

Business Acquisition [Line Items]

Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the final purchase price, 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

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period.

+ References

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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

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