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ACQUISITIONS (Tables) | 6 Months Ended
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Jun. 30, 2023
ACQUISITIONS |
Schedule of purchase price allocation and estimated fair value of the assets acquired | The final allocation of the purchase price paid for FPH is based on fair values of the assets acquired and liabilities assumed of FPH and is as follows (in thousands): ​
​ | ​ | ​ | ​
Cash and cash equivalents |  | $ | 1,755
Trade receivables | ​ | ​ | 3,100
Inventories | ​ | ​ | 3,496
Other assets, net | ​ |  | 174
Property, plant, and equipment | ​ |  | 624
Right of use assets | ​ | ​ | 4,165
Intangible assets | ​ | ​ | 22,611
Goodwill | ​ |  | 15,840
Other current liabilities | ​ | ​ | (1,577)
Deferred revenue | ​ | ​ | (776)
Lease liabilities | ​ | ​ | (4,165)
Net deferred income tax liabilities | ​ | ​ | (3,931)
Net purchase price | ​ | $ | 41,316
Schedule of unaudited pro forma financial information | The following pro forma financial information presents the combined resulted of operations if the FPH, ThinGap, and Airex acquisitions had occurred as of January 1, 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Six months ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
​ |  | 2022 |  | 2022 | ​
Revenues | ​ | $ | 127,492 | ​ | $ | 248,322 | ​
Income before income taxes | ​ | $ | 8,225 | ​ | $ | 12,943 | ​

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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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