Acquisitions (Tables)

12 Months Ended

Jun. 30, 2017

Disposal Group, Disposed of by Sale, Not Discontinued Operations | RF Business of ANADIGICS

Carrying Value of the Assets and Liabilities Included as Part of Disposal

The following table presents the carrying value of the assets and liabilities included as part of the disposal of the RF business of ANADIGICS ($000):

Assets
Inventories	$	5,378
Equipment		5,813
Goodwill		35,352
	$	46,543
Liabilities
Accounts payable	$	963
Total Consideration	$	45,580

Integrated Photonics, Inc

Purchase Price at the Date of Acquisition

The following table presents the preliminary purchase price at the date of acquisition ($000):

Net cash paid at acquisition	$	39,436
Fair value of cash earnout arrangement		2,250
Purchase price	$	41,686

Allocation of Purchase Price of Assets Acquired and Liabilities Assumed

The following table presents the preliminary allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition, as the Company intends to finalize its accounting for the valuation of property, plant and equipment, identifiable intangibles and deferred income tax liabilities and anticipates completion of the valuation within one year from the date of the acquisition ($000):

Assets
Accounts receivable	$	2,083
Inventories		3,968
Prepaid and other assets		322
Property, plant & equipment		11,257
Intangible assets		22,213
Goodwill		17,107
Total assets acquired	$	56,950
Liabilities
Accounts payable	$	846
Other accrued liabilities		1,032
Long-term debt assumed		3,834
Deferred tax liabilities		9,552
Total liabilities assumed		15,264
Net assets acquired	$	41,686

EpiWorks

Purchase Price at the Date of Acquisition

The following table presents the allocation of the purchase price at the date of acquisition ($000):

Net cash paid at acquisition	$	42,981
Cash paid for working capital adjustment		163
Fair value of cash earnout arrangement		4,352
Purchase price	$	47,496

Allocation of Purchase Price of Assets Acquired and Liabilities Assumed

The following table presents the final allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition. ($000):

Assets
Accounts receivable	$	2,121
Inventories		2,435
Prepaid and other assets		68
Property, plant & equipment		9,043
Intangible assets		14,124
Goodwill		27,588
Total assets acquired	$	55,379
Liabilities
Accounts payable	$	605
Other accrued liabilities		859
Deferred tax liabilities		6,419
Total liabilities assumed		7,883
Net assets acquired	$	47,496

ANADIGICS

Allocation of Purchase Price of Assets Acquired and Liabilities Assumed

The following table presents the final allocation of the purchase price of the assets acquired and liabilities assumed at the date of acquisition. ($000):

Assets
Accounts receivable	$	3,973
Inventories		8,322
Prepaid and other assets		2,347
Property, plant & equipment		25,810
Intangible assets		1,060
Goodwill		48,312
Total assets acquired	$	89,824
Liabilities
Accounts payable	$	3,586
Other accrued liabilities		7,226
Total liabilities assumed		10,812
Net assets acquired	$	79,012