Material Handling

Master Distribution

Total

Cash

$

2.3

$

0.4

$

2.7

Accounts receivable

9.6

9.5

19.1

Inventories

7.6

12.6

20.2

Prepaid expenses and other current assets

0.1

0.8

0.9

Rental fleet

22.7

—

22.7

Property and equipment

2.0

0.6

2.6

Operating lease right-of-use assets

2.2

1.6

3.8

Other intangible assets

1.3

27.8

29.1

Goodwill

1.8

17.9

19.7

Total assets

$

49.6

$

71.2

$

120.8

Accounts payable

$

(1.5

)

$

(8.2

)

$

(9.7

)

Customer deposits

—

(2.2

)

(2.2

)

Accrued expenses

(1.6

)

(0.2

)

(1.8

)

Current operating lease liabilities

(0.8

)

(0.1

)

(0.9

)

Current deferred revenue

(1.2

)

—

(1.2

)

Other current liabilities

—

(0.9

)

(0.9

)

Long-term operating lease liabilities

(1.4

)

(1.5

)

(2.9

)

Deferred tax liability

(2.2

)

—

(2.2

)

Total liabilities

$

(8.7

)

$

(13.1

)

$

(21.8

)

Net assets acquired

$

40.9

$

58.1

$

99.0

Assets acquired net of cash

$

38.6

$

57.7

$

96.3