ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2024

ACQUISITIONS

Schedule of purchase price allocation and estimated fair value of the assets acquired

Cash and cash equivalents	$	881
Trade receivables		3,467
Inventories		9,200
Prepaid expenses and other assets		496
Property, plant, and equipment		4,258
Operating lease assets		378
Intangible assets		2,800
Goodwill		2,752
Other current liabilities		(3,188)
Deferred revenue		(55)
Operating lease liabilities		(378)
Net deferred income tax liabilities		(702)
Other noncurrent liabilities		(118)
Net purchase price	$	19,791

Schedule of unaudited pro forma financial information

The following pro forma financial information presents the combined resulted of operations if the SNC acquisition had occurred as of January 1, 2023 and the Sierramotion acquisition had occurred as of January 1, 2022:

	Three months ended		Three months ended
	March 31,		March 31,
	2024		2023
Revenues	$	148,007	$	155,747
Income before income taxes	$	9,444	$	8,286