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ACQUISITION (Tables) | 12 Months Ended
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Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract] |
Business Acquisition, Pro Forma Information | The following unaudited pro forma summary presents consolidated information, as if the business combination had occurred on January 1, 2020:
| Years Ended December 31,
| 2021 |  | 2020
| (Unaudited, in thousands)
Pro forma: |  |  |
Revenues | $ | 119,725 |  |  | $ | 67,663 |
Net income attributable to Acacia Research Corporation | 153,641 |  |  | 106,919 |
Asset Acquisition | The following table summarizes the consideration transferred to acquire Printronix and the recognized amounts of identifiable assets acquired and liabilities assumed at the acquisition date (in thousands):
Fair value of consideration transferred: |
Cash | $ | 35,937 |
Transaction expenses paid to Sellers | 1,405 |
Other purchase price adjustments | (200) |
Total consideration | 37,142 |
Identifiable assets acquired and liabilities assumed: |
Cash and cash equivalents | 3,892 |
Trade receivables | 8,281 |
Inventories | 10,837 |
Prepaid expenses and other current assets | 2,786 |
Property, plant and equipment, net | 4,261 |
Leased right-of-use assets | 1,590 |
Customer relationships | 5,300 |
Trade names and trademarks | 3,430 |
Patents | 3,400 |
Other assets | 752 |
Trade and other payables | (7,849) |
Deferred revenue | (1,941) |
Long-term lease liabilities | (1,590) |
Other long-term liabilities | (3,477) |
Total identifiable net assets | 29,672 |
Goodwill | $ | 7,470 |

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- Definition Tabular disclosure of asset acquisition. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 50 -Section 15 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6911878&loc=d3e8732-128492 + Details
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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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