XML 37 R25.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Business Combination (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Schedule of Assets Acquired and Liabilities Assumed | The following table summarizes the allocation of the consideration paid for Penelope to the estimated fair value of the assets acquired and liabilities assumed at the acquisition date, with the excess recorded to goodwill.
Consideration: |
Cash | $ | 104,638 |
Contingent consideration | 62,100 |
Fair value of total consideration transferred | $ | 166,738 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |
Cash | $ | 926 |
Receivables | 2,323 |
Inventory | 12,454 |
Prepaid expenses and other assets | 77 |
Property, plant and equipment, net | 253 |
Intangible assets (a) | 57,700 |
Operating lease right-of-use assets, net | 426 |
Other assets | 44 |
Total assets | 74,203 |
Accounts payable | 2,242 |
Accrued expenses and other | 205 |
Long-term operating lease liabilities | 268 |
Total liabilities | 2,715 |
Goodwill | 95,250 |
Total | $ | 166,738 |
(a) Intangible assets acquired included trade names with an estimated fair value of $34,000 and distributor relationships with an estimated fair value of $23,700.

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration