Acquisitions (Tables)

3 Months Ended

Dec. 31, 2022

Business Combinations [Abstract]

Schedule of Purchase Price Consideration

The purchase price of PM Control, prepared consistent with the required ASC 805 framework, is allocated as follows:

Cash paid to Sellers	$	22,890
Working capital adjustment		(878	)
Less acquired cash and restricted cash		(1,341	)
Plus settlement of pre-existing relationships		750
Total purchase price	$	21,421

Schedule of Assets Acquired and Liabilities Assumed

The following table summarizes, as of August 31, 2022, the estimated fair values of the assets acquired and liabilities assumed at the PM Closing.

Accounts receivable	$	4,334
Inventories		2,464
Other current assets		386
Property, plant, and equipment		2,488
Goodwill		8,705
Intangible assets		8,874
Total assets acquired		27,251
Other current liabilities		(2,703	)
Deferred income tax liabilities		(1,842	)
Other noncurrent liabilities		(1,285	)
Total liabilities assumed		(5,830	)
Net assets acquired	$	21,421

Schedule of Finite-Lived Intangible Assets Acquired

A summary of the intangible assets acquired, weighted‐average useful lives, and amortization methods follows:

	Estimated Amounts		Weighted- Average Useful Life	Amortization Method
Intangible assets with finite lives:
Customer relationships and contracts	$	8,332	11 years	Straight-line
Trade name		542	15 months	Straight-line
Total	$	8,874