Business Acquisitions (Tables)

9 Months Ended

Sep. 30, 2020

Business Combinations [Abstract]

Summary of Consideration Paid and Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the consideration paid and 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 $567	$	72,850
Contingent consideration		1,056
Purchase price	$	73,906

	Fair Values at July 31, 2019
Current assets	$	6,221
Property, plant and equipment		2,567
Other assets		29
Goodwill		34,999
Intangible assets		32,800
Fair value of assets acquired		76,616
Less fair value of liabilities acquired		(2,710	)
Purchase price	$	73,906

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	$	31,000		15.0
Technology and other intangibles		1,800		5.0
Total	$	32,800