BUSINESS COMBINATION (Tables)

9 Months Ended

Jun. 30, 2016

Preliminary Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the date of acquisition:

Total purchase consideration	$	142,237

Cash	$	15,261
Accounts receivable		3,072
Inventories		2,768
Prepaid expenses and other current assets		1,712
Property, plant and equipment		6,901
Intangible assets		61,000
Deferred tax assets		20,569
Other long-term assets		1,458
Accounts payable		(1,057	)
Accrued expenses and other current liabilities		(1,472	)
Deferred tax liabilities		(22,457	)
Total identifiable net assets		87,755
Goodwill		54,482
	$	142,237

Components of Identifiable Intangible Assets

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:

	Preliminary		Useful
	Fair Value		Life
Trade name	$	8,000	7 years
Customer relationships		8,000	11 years
Developed technology - product family A		25,000	7 years
Developed technology - product family B		8,000	8 years
In-process technology		12,000
Total preliminary intangible assets	$	61,000

Pro Forma Combined Results of Operations

The following supplemental pro forma information summarizes the combined results of operations for Cabot Microelectronics and NexPlanar as if the acquisition had occurred on October 1, 2014.

	Three Months Ended June 30,				Nine Months Ended June 30,
	2016		2015		2016		2015
Revenues	$	108,152	$	102,796	$	309,172	$	331,123
Net income		18,412		7,563		39,915		36,870
Earnings per share - basic		0.76		0.31		1.65		1.52
Earnings per share - diluted	$	0.75	$	0.30	$	1.62	$	1.48