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Business Combinations (Tables)
3 Months Ended
Mar. 31, 2023
Business Combinations [Abstract]  
Summary of Aggregate Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the aggregate fair values of the assets acquired and liabilities assumed for the acquisition described above:

 

 

 

Total

 

 

 

(in thousands)

 

Inventories

 

$

11,712

 

Property, plant and equipment

 

 

8,021

 

Operating lease right-of-use assets

 

 

4,438

 

Finance lease right-of-use assets

 

 

528

 

Goodwill

 

 

38,501

 

Intangible assets

 

 

26,700

 

Other assets

 

 

126

 

Total assets

 

$

90,026

 

 

 

 

 

Contract liabilities

 

$

490

 

Operating lease liabilities

 

 

4,438

 

Finance lease liabilities

 

 

528

 

Total liabilities

 

$

5,456

 

 

 

 

 

Total purchase consideration

 

 

84,570

 

Less: accrued contingent consideration and purchase price adjustments

 

 

(5,600

)

Total cash consideration

 

$

78,970