XML 43 R28.htm IDEA: XBRL DOCUMENT v3.19.1
Business Acquisitions (Tables)
12 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
Schedule of Allocation of Purchase Consideration
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the Blue Microphones Acquisition Date (in thousands):

 
 
Estimated Fair Value
Cash and cash equivalents
 
$
1,110

Accounts receivable
 
10,979

Inventories
 
19,546

Other current assets
 
997

Property, plant and equipment
 
452

Intangible assets
 
55,567

Total identifiable assets acquired
 
$
88,651

Accounts payable
 
(10,322
)
Accrued liabilities
 
(11,162
)
Other long-term liabilities
 
(661
)
Net identifiable assets acquired
 
$
66,506

Goodwill
 
68,269

Net assets acquired
 
$
134,775


The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the ASTRO Acquisition Date (in thousands):
 
 
Estimated Fair Value
Inventories
 
$
10,331

Property, plant and equipment
 
2,760

Intangible assets
 
52,520

Other assets
 
605

Total identifiable assets acquired
 
66,216

Accrued liabilities
 
(2,982
)
Net identifiable assets acquired
 
63,234

Goodwill
 
21,766

Net assets acquired
 
$
85,000


Schedule of Intangible Assets Acquired
The following table summarizes the estimated fair values and estimated useful lives of the components of intangible assets acquired as of the ASTRO Acquisition Date (Dollars in thousands):
 
Fair Value
 
Estimated Useful Life (years)
Developed technology
$
12,540

 
4.0
Customer relationships
33,100

 
8.0
Trademark and trade name
6,880

 
6.0
Total intangible assets acquired
$
52,520

 
6.8

The following table summarizes the estimated fair values and estimated useful lives of the components of intangible assets acquired as of the Blue Microphones Acquisition Date (Dollars in thousands):
 
Fair Value
 
Estimated Useful Life (years)
Developed technology
$
17,967

 
5.0
Customer relationships
25,100

 
10.0
Trademark and trade name
12,500

 
7.0
Total intangible assets acquired
$
55,567

 
7.7