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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2019
2019 Acquisition Activity, prosthetic and orthotic business  
Schedule of aggregate purchase price of acquisition allocated on a preliminary basis

 

 

 

 

Cash paid, net of cash acquired

 

$

27,916

Issuance of seller notes at fair value

 

 

4,686

Additional consideration (1)

 

 

659

Aggregate purchase price

 

 

33,261

 

 

 

 

Accounts receivable, net

 

 

3,561

Inventories

 

 

1,558

Customer relationships (Useful life of 3.0 years)

 

 

2,368

Non-compete agreements (Weighted average useful life of 4.9 years)

 

 

349

Other assets

 

 

413

Accounts payable

 

 

(1,264)

Accrued expenses and other liabilities

 

 

(1,714)

Net assets acquired

 

 

5,271

Goodwill

 

$

27,990


(1)Represents additional consideration that we anticipate will be payable to the seller in the third quarter of 2019, subject to agreement of certain tax elections with the seller.

 

2018 Acquisition Activity, two O&P businesses  
Schedule of aggregate purchase price of acquisition allocated on a preliminary basis

 

 

 

 

Cash paid, net of cash acquired

 

$

1,978

Issuance of seller notes

 

 

1,120

Aggregate purchase price

 

 

3,098

 

 

 

 

Accounts receivable, net

 

 

256

Inventories

 

 

302

Customer relationships (Weighted average useful life of 4.0 years)

 

 

260

Non-compete agreements (Weighted average useful life of 4.6 years)

 

 

214

Other assets

 

 

90

Accounts payable

 

 

(59)

Accrued expenses and other liabilities

 

 

(364)

Net assets acquired

 

 

699

Goodwill

 

$

2,399