ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Business Acquisition Pro Forma Information

Unaudited pro forma information for the Company for the twelve months ended December 31, 2018 and 2017 as if the acquisition had occurred January 1, 2017 is as follows (in thousands):



	Twelve Months Ended December 31,
	2018		2017
Pro forma sales	$	1,306,420	$	1,203,158
Pro forma net earnings attributable to Knoll, Inc. stockholders	$	78,964	$	77,892

The amount of sales and net loss that resulted from the acquisition and attributable to Knoll, Inc. stockholders included in the Consolidated Statements of Operations and Comprehensive Income during the twelve month period ended December 31, 2018 were as follows (in thousands):

Schedule of Recognized Identifiable Assets and Liabilities

The following table summarizes the fair values assigned to the assets acquired and liabilities assumed and resulting goodwill as of the January 25, 2018 acquisition date (in thousands):



	Amounts Recognized as of Acquisition Date
Cash	$	7,605
Customer receivables	8,617
Inventory	11,085
Other current assets	453
Property, plant, and equipment, net	1,266
Intangible assets	135,600
Other non-current assets	296
Total assets acquired	$	164,922
Accounts payable	3,418
Other current liabilities	10,591
Deferred income taxes	29,919
Total liabilities assumed	$	43,928
Net assets acquired	$	120,994

Purchase price	$	315,313
Less: Fair value of acquired identifiable assets and liabilities	120,994
Goodwill	$	194,319

Summary of Estimated Fair Value of Identifiable Intangible Assets and Their Estimated Useful Lives

The following table summarizes the estimated fair value of Muuto’s identifiable intangible assets and their estimated useful lives (in thousands):



	Fair Value as of January 25, 2018		Estimated Useful Life (in years)
Indefinite-lived intangible assets:
Trade name	$	66,000	Indefinite
Finite-lived intangible assets:
Wholesale customer relationships	35,800		15
Contract customer relationships	25,000		9
Copyrights & designs	7,500		7
Non-competition agreements	1,300		3
Total intangible assets	$	135,600

Twelve Months Ended December 31, 2018

Net Income (loss) attributable to Knoll, Inc. stockholders