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Business Acquisitions (Tables)
6 Months Ended
Jun. 30, 2023
TEWA Temperature Sennsors SP.Zo.o.  
Business Acquisition [Line Items]  
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed The following table summarizes the consideration paid, the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition:

 

 

 

Fair Values at
February 28, 2022

 

Accounts receivable

 

$

2,521

 

Inventory

 

 

3,136

 

Other current assets

 

 

69

 

Property, plant and equipment

 

 

654

 

Other assets

 

 

27

 

Goodwill

 

 

8,473

 

Intangible assets

 

 

13,650

 

Fair value of assets acquired

 

 

28,530

 

Less fair value of liabilities acquired

 

 

(4,809

)

Purchase price

 

$

23,721

 

Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets

The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:
 

 

 

Carrying
Value

 

 

Weighted
Average
Amortization
Period

 

Customer lists/relationships

 

$

13,000

 

 

 

12.0

 

Technology and other intangibles

 

 

650

 

 

 

3.0

 

Total

 

$

13,650

 

 

 

 

Ferroperm Piezoceramics A/S Acquisition  
Business Acquisition [Line Items]  
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed The following table summarizes the final consideration paid, the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition:

 

 

 

Fair Values at
June 30, 2023

 

Accounts receivable

 

$

3,073

 

Inventory

 

 

6,848

 

Other current assets

 

 

1,003

 

Property, plant and equipment

 

 

3,953

 

Other assets

 

 

158

 

Goodwill

 

 

31,985

 

Intangible assets

 

 

38,100

 

Fair value of assets acquired

 

 

85,120

 

Less fair value of liabilities acquired

 

 

(12,780

)

Purchase price

 

$

72,340

 

Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets

The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:

 

 

Carrying
Value

 

 

Weighted
Average
Amortization
Period

 

Customer lists/relationships

 

$

31,800

 

 

 

16.0

 

Technology and other intangibles

 

 

6,300

 

 

 

14.0

 

Total

 

$

38,100

 

 

 

 

Maglab AG Acquisition  
Business Acquisition [Line Items]  
Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed The following table summarizes the final consideration paid, the fair values of the assets acquired, and the liabilities assumed as of the date of acquisition:

 

 

 

Consideration Paid

 

Cash paid, net of cash acquired of $14

 

$

4,153

 

Contingent consideration

 

 

3,564

 

Purchase price

 

$

7,717

 

 

 

 

Fair Values at
February 6, 2023

 

Accounts receivable

 

$

348

 

Inventory

 

 

43

 

Other current assets

 

 

41

 

Property, plant and equipment

 

 

35

 

Goodwill

 

 

4,997

 

Intangible assets

 

 

2,860

 

Fair value of assets acquired

 

 

8,324

 

Less fair value of liabilities acquired

 

 

(607

)

Purchase price

 

$

7,717

 

Summary of Carrying Amounts and Weighted Average Lives of Acquired Intangible Assets

The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:

 

 

Carrying
Value

 

 

Weighted
Average
Amortization
Period

 

Customer lists/relationships

 

$

2,800

 

 

 

13.0

 

Technology and other intangibles

 

 

60

 

 

 

3.0

 

Total

 

$

2,860