Business Combinations (Tables)

9 Months Ended

Sep. 27, 2019

Based upon a preliminary valuation, the total purchase price for Med X Change and Ingenia was allocated as follows (in thousands):

	Purchase Price
	Allocation
Cash	$	1,000
Accounts receivable		1,739
Inventories		2,372
Property, plant and equipment		496
Intangible assets		22,376
Goodwill		13,539
Other assets		601
Total assets acquired		42,123
Accounts payable		604
Deferred tax liabilities		2,550
Other liabilities		910
Total liabilities assumed		4,064
Total assets acquired, net of liabilities assumed		38,059
Less: cash acquired		1,000
Total purchase price, net of cash acquired		37,059
Less: contingent consideration		6,569
Less: purchase price holdback		905
Net cash used for acquisition of businesses	$	29,585

The fair value of intangible assets for Med X Change and Ingenia is comprised of the following (dollar amounts in thousands):

Based upon a preliminary valuation, the total purchase price for ARGES was allocated as follows (in thousands):

	Purchase Price
	Allocation
Cash	$	3,159
Accounts receivable		1,542
Inventories		8,295
Property, plant and equipment		13,884
Intangible assets		24,713
Goodwill		42,355
Other assets		1,990
Total assets acquired		95,938
Accounts payable		2,598
Deferred tax liabilities		7,457
Other liabilities		12,954
Total liabilities assumed		23,009
Total assets acquired, net of liabilities assumed		72,929
Less: cash acquired		3,159
Total purchase price, net of cash acquired		69,770
Less: contingent consideration		7,870
Less: issuance of common shares		10,900
Less: deferred cash consideration		27,442
Net cash used for acquisition of business	$	23,558

The fair value of intangible assets for ARGES is comprised of the following (dollar amounts in thousands):