Acquisitions (Tables) - CryoScience

9 Months Ended

Feb. 29, 2016

Schedule of Acquisition of Intangible Assets

In connection with the acquisition, we identified and valued the following identifiable intangible assets:

(in thousands)			Useful Life
Category	Amount		(Years)
Technology	$	2,800		20
Customer relationships		2,200		15
Other		260		1
Total acquired identifiable intangible assets	$	5,260

Schedule of Consideration Transferred and Fair Value Assigned to Assets Acquired And Liabilities Assumed

The following table summarizes the consideration transferred and the fair value assigned to the assets acquired and liabilities assumed at the acquisition date:

(in thousands)
Accounts receivable	$	2,271
Inventories		5,686
Prepaid expenses		211
Intangible assets		5,260
Property, plant and equipment		13,400
Total identifiable assets		26,828
Accounts payable		(2,801	)
Other accrued items		(310	)
Net assets		23,717
Goodwill		6,570
Purchase price	$	30,287
Plus: estimated working capital deficit		1,069
Cash paid at closing	$	31,356