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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2019
CSZ-IC and GPT  
Business Acquisition [Line Items]  
Summary of Assets and Liabilities of Disposal Group Classified as Held for Sale

The assets and liabilities of the disposal group classified as held for sale as of December 31, 2018 were as follows:

Accounts receivable, less allowance of $96

 

$

10,868

 

Inventory, net

 

 

13,925

 

Prepaid expenses and other assets

 

 

263

 

Property and equipment, net

 

 

29,459

 

Goodwill

 

 

6,844

 

Other intangible assets, net

 

 

6,326

 

Deferred income tax assets

 

 

4,204

 

Other non-current assets

 

 

 

Impairment loss

 

 

(2,190

)

Total assets for sale

 

 

69,699

 

 

 

 

 

 

Accounts payable

 

 

2,614

 

Accrued liabilities

 

 

10,448

 

Total liabilities for sale

 

$

13,062

 

 

Stihler Electronic GmbH  
Business Acquisition [Line Items]  
Summary of Purchase Price Allocation The purchase price and related allocation to the acquired net assets of Stihler, based on their estimated fair values as of the acquisition date, are shown below:

Purchase price, cash consideration, net of cash acquired

 

$

14,823

 

Purchase price, fair value of contingent consideration

 

 

653

 

Total purchase price, net of cash acquired

 

 

15,476

 

Accounts receivable

 

 

883

 

Inventory

 

 

1,698

 

Prepaid expenses and other assets

 

 

241

 

Operating lease right-of-use assets

 

 

263

 

Property and equipment

 

 

260

 

Other intangible assets

 

 

4,380

 

Goodwill

 

 

9,816

 

Assumed liabilities

 

 

(2,065

)

Net assets acquired

 

$

15,476

 

 

Etratech Inc.  
Business Acquisition [Line Items]  
Supplemental Pro Forma Information

The unaudited pro forma combined historical results including the amounts of Etratech revenue and earnings that would have been included in the Company’s consolidated statements of income had the acquisition date been January 1, 2017 is as follows:

 

 

Year Ended

December 31, 2017

 

Product revenues

 

$

1,032,273

 

Net income

 

$

35,911

 

Basic earnings per share

 

$

0.98

 

Diluted earnings per share

 

$

0.98