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v3.22.4

Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2022
Cryopdp |
Business Acquisition [Line Items] |
Schedule of summary of allocation of the purchase price as of the acquisition date | The following table summarizes the allocation of the purchase price as of the acquisition date (in thousands):
​ | ​ | ​ | ​
Total purchase consideration paid |  | $ | 56,971
​ | ​ | ​ | ​
Purchase price allocation: | ​ |  |
Cash and cash equivalents | ​ |  | 8,346
Accounts receivable | ​ |  | 10,603
Inventories | ​ |  | 644
Prepaid and other current assets | ​ |  | 2,905
Property and equipment | ​ |  | 2,863
Operating lease right-of-use assets | ​ |  | 1,856
Intangible assets | ​ |  | 28,235
Other long-term assets | ​ |  | 569
Accounts payable and other accrued expenses | ​ |  | (11,110)
Accrued compensation and related expenses | ​ |  | (1,194)
Deferred revenue | ​ |  | (370)
Note payable | ​ |  | (4,690)
Operating lease liabilities | ​ |  | (1,856)
Deferred tax liability | ​ |  | (5,311)
Other long-term liabilities | ​ |  | (64)
Total identifiable net assets | ​ |  | 31,426
Goodwill | ​ |  | 25,545
​ | ​ | $ | 56,971
​ The following table summarizes the estimated fair values of CRYOPDP’s identifiable intangible assets at the date of acquisition and their estimated useful lives and amortization expense based on their respective useful lives (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Annual
​ | ​ | Estimated | ​ | Estimated | ​ | Amortization | ​ | Amortization
​ |  | Fair Value |  | Useful Life |  | Method |  | Expense
Software | ​ | $ | 3,578 |  | 7 |  | Straight-line | ​ | $ | 511
Customer relationships | ​ |  | 5,871 |  | 11.5 |  | Straight-line | ​ |  | 511
Agent network | ​ |  | 8,219 |  | 4 |  | Straight-line | ​ |  | 2,055
Trade name/trademarks | ​ |  | 10,567 |  | Indefinite |  | — | ​ |  | —
Total | ​ | $ | 28,235 | ​ | ​ |  |  | ​ | $ | 3,077
​
MVE Cryobiological Storage Business |
Business Acquisition [Line Items] |
Schedule of summary of allocation of the purchase price as of the acquisition date | The following table summarizes the allocation of the purchase price as of the acquisition date (in thousands):
​ | ​ | ​ | ​
Total purchase consideration paid |  | $ | 317,470
​ | ​ | ​ | ​
Purchase price allocation: | ​ |  |
Cash and cash equivalents | ​ |  | 2,955
Accounts receivable | ​ |  | 10,645
Inventories | ​ |  | 10,627
Other current assets | ​ |  | 256
Property and equipment | ​ |  | 9,050
Operating lease right-of-use assets | ​ |  | 2,154
Intangible assets | ​ |  | 184,991
Other non-current assets | ​ |  | 358
Accounts payable and other accrued expenses | ​ |  | (6,036)
Accrued compensation and related expenses | ​ |  | (1,139)
Operating lease liabilities | ​ |  | (2,160)
Deferred tax liabilities | ​ |  | (393)
Other long-term liabilities | ​ |  | (64)
Total identifiable net assets | ​ |  | 211,244
Goodwill | ​ |  | 106,226
​ | ​ | $ | 317,470
​ The following table summarizes the estimated fair values of MVE’s identifiable intangible assets and their estimated useful lives and amortization expense based on their respective useful lives (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Annual
​ | ​ | Estimated | ​ | Estimated | ​ | Amortization | ​ | Amortization
​ |  | Fair Value |  | Useful Life |  | Method |  | Expense
Order backlog |  | ​ | 2,600 |  | 0.125 |  | Straight-line | ​ | $ | —
Customer relationships |  | ​ | 118,600 |  | 14.5 |  | Straight-line | ​ |  | 8,179
Developed technology |  | ​ | 28,700 |  | 12 |  | Straight-line | ​ |  | 2,392
Land use rights |  | ​ | 2,291 |  | 38 |  | Straight-line | ​ |  | 63
Trade name/trademarks |  | ​ | 32,800 |  | Indefinite |  | — | ​ |  | —
Total | ​ | $ | 184,991 | ​ | ​ |  |  | ​ | $ | 10,634
​

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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