XML 34 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Acquisitions (Tables)
9 Months Ended
Sep. 30, 2021
2021 Acquisitions  
Acquisitions  
Schedule of components and fair value allocation of the consideration transferred in connection with acquisitions The following table reflects the consideration transferred and the respective reportable segment for the acquisitions (in millions):
 
Name of Acquisition
  
Date Acquired
    
Segment
    
Total
Consideration
    
Cash
Consideration
 
Creative Instruments
  
 
July 1, 2021
 
  
 
BSI Life Science
 
   $ 1.0      $ 1.0  
SVXR, Inc.
    
September 9, 2021
       BSI Nano        14.0        11.9  
                      
 
 
    
 
 
 
                       $ 15.0      $ 12.9  
                      
 
 
    
 
 
 
 
The following table reflects the consideration transferred and the respective reporting segment for these investments (in millions):
 
Name
  
Acquisition /
Investment
    
Date Acquired
    
Segment
    
Consideration
    
Cash
Consideration
 
Glycopath Inc.
     Investment        February 18, 2021        BSI Life Science      $ 2.0      $ 2.0  
IonPath Inc.
     Investment        March 18, 2021        BSI Life Science        2.0        2.0  
Olaris, Inc.
     Investment        September 23, 2021        BSI Life Science        0.5        0.5  
                               
 
 
    
 
 
 
                                $ 4.5      $ 4.5  
                               
 
 
    
 
 
 
SCI Instruments  
Acquisitions  
Schedule of consideration transferred and the respective reporting segment for each acquisition The acquisition is being accounted for under the acquisition method. The components and fair value allocation of the consideration transferred in connection with the acquisition are as follows (dollars in millions):
 
Consideration Transferred:
        
Cash paid
   $  28.0  
Fair value of contingent consideration
     1.0  
Working capital adjustment
     (1.0
    
 
 
 
Total consideration transferred
   $ 28.0  
    
 
 
 
Allocation of Consideration Transferred:
        
Inventories
   $ 1.0  
Other current and
non-current
assets
     1.0  
Intangible assets:
        
Technology
     7.1  
Customer relationships
     6.4  
Trade name
     0.4  
Backlog
     1.2  
Goodwill
     12.6  
Liabilities assumed
     (1.7
    
 
 
 
Total consideration allocated
   $ 28.0