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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2021

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information

Had the PowerA acquisition occurred on January 1, 2019, unaudited pro forma consolidated results of the Company for the years ended December 31, 2021, 2020 and 2019 would have been as follows:

(in millions)			2021						2020						2019
Net sales			$	2,025.3					$	1,857.2					$	2,124.0
Net income			101.9						76.9						120.0
Net income per diluted common share			$	1.05					$	0.80					$	1.19

PowerA

Business Acquisition [Line Items]

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 the PowerA acquisition:

(in millions)			At December 17, 2020
Calculation of Goodwill:
Purchase price, net of working capital adjustment			$	321.8
Fair value of contingent consideration			$	18.2
Plus fair value of liabilities assumed:
Accrued liabilities			9.2
Fair value of liabilities assumed			$	9.2
Less fair value of assets acquired:
Inventory			29.3
Property and equipment			0.2
Identifiable intangibles			235.4
Other assets			13.2
Fair value of assets acquired			$	278.1
Goodwill			$	71.1

Foroni Acquisition

Business Acquisition [Line Items]

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 the Foroni acquisition:

(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:
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

Cumberland Asset Acquisition

Business Acquisition [Line Items]

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

The following table summarizes the fair value of assets acquired: 

(in millions)			At January 31, 2019
Inventory			$	2.8
Identifiable intangibles			3.2
Fair value of assets acquired			$	6.0

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