Business Combinations Business Combinations (Tables)

9 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed - Silva Acquisition [Table Text Block]

The following table summarizes the preliminary purchase price allocation of the assets acquired and liabilities assumed on October 1, 2020.

(in thousands of dollars)
Assets
Cash and cash equivalents	$	8,126
Accounts receivable, net	17,885
Advances to suppliers, net	3,011
Inventory	33,162
Other current assets	833
Property, plant and equipment (net)	24,437
Intangibles
Customer relationships	53,000
Trade names	7,800
Goodwill	53,728
Total assets acquired	201,982
Liabilities
Accounts payable and accrued expenses	13,103
Accrued compensation	3,350
Income taxes payable	1,042
Deferred income taxes	20,487
Total liabilities assumed	37,982
Total assets acquired and liabilities assumed	$	164,000

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed FruitSmart Acquisition [Table Text Block]

The following table summarizes the final purchase price allocation of the assets acquired and liabilities assumed on January 1, 2020.

(in thousands of dollars)
Assets
Cash and cash equivalents	$	1,298
Accounts receivable, net	7,707
Inventory	23,793
Other current assets	310
Property, plant and equipment (net)	23,400
Intangibles
Customer relationships	9,500
Developed technology	4,800
Trade names	3,300
Non-compete agreements	1,000
Goodwill	28,863
Total assets acquired	103,971
Liabilities
Accounts payable and accrued expenses	7,592
Accrued compensation	670
Deferred income taxes	9,004
Total liabilities assumed	17,266
Total assets acquired and liabilities assumed	$	86,705