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Acquisitions (Tables)
12 Months Ended
Sep. 30, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the final fair values of Opengear assets acquired and liabilities assumed as of the acquisition date (in thousands):
Cash$148,058 
Contingent consideration5,100 
Total$153,158 
Fair value of net tangible assets acquired$19,217 
Identifiable intangible assets:
Customer relationships79,000 
Purchased and core technology18,100 
Trademarks8,000 
Deferred tax liability on identifiable intangible assets(27,401)
Goodwill56,242 
Total$153,158 
Business Acquisition, Pro Forma Information
The following consolidated pro forma information is presented as if the acquisition had occurred on October 1, 2018 (in thousands):
Fiscal year ended September 30,
20202019
Net sales$294,167 $308,986 
Net income$14,366 $10,417 
Net income per share - basic$0.50 $0.37 
Net income per share - diluted$0.49 $0.36