Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Purchase Price Allocation to the Fair Value of Assets Acquired and Liabilities Assumed

The following table presents the allocation of the consideration given to the fair values of the assets acquired and liabilities assumed at the date of acquisition, which was finalized in the third quarter of 2020:


(in millions)	At August 1, 2019
Calculation of Goodwill:
Purchase price, net of working capital adjustment	$	41.5



Plus fair value of liabilities assumed:
Accounts payable and accrued liabilities	13.9
Deferred tax liabilities	5.4
Debt	7.6
Lease liabilities	5.3
Other non-current liabilities	1.5
Fair value of liabilities assumed	$	33.7

Less fair value of assets acquired:
Cash acquired	—
Accounts receivable	17.5
Inventory	12.5
Property and equipment	8.8
Identifiable intangibles	11.1
Deferred tax assets	2.7
Right of use asset, leases	5.3
Other assets	3.6
Fair value of assets acquired	$	61.5

Goodwill	$	13.7