Schedule of purchase price to asets and liabilities |
Fair value of purchase consideration | | | | Cash consideration | | $ | 34,919,000 | | Equity in subsidiary issued (noncontrolling interest) | | | 2,990,000 | | Seller bridge loans | | | 15,451,000 | | Total fair value of consideration | | $ | 53,360,000 | | | | | | | Fair value of assets acquired and liabilities assumed: | | | | | Cash and cash equivalents | | $ | 739,000 | | Accounts receivable | | | 3,430,000 | | Inventories | | | 13,040,000 | | Prepaid and other | | | 1,773,000 | | Property and equipment | | | 11,453,000 | | Intangible assets | | | 26,870,000 | | Equity method investment | | | 167,000 | | Finance lease - right of use assets | | | 22,000 | | Operating lease - right of use assets | | | 34,289,000 | | Other assets | | | 1,094,000 | | Total assets acquired | | | 92,877,000 | | | | | | | Accounts payable | | | 2,064,000 | | Accrued expenses | | | 2,974,000 | | Finance lease liabilities - current | | | 13,000 | | Operating lease liabilities - current | | | 945,000 | | Finance lease liabilities - long-term | | | 9,000 | | Operating lease liabilities - long-term | | | 33,344,000 | | Deferred tax liabilities | | | 10,290,000 | | Total liabilities assumed | | | 49,639,000 | | Net identifiable assets acquired | | | 43,238,000 | | Goodwill | | | 10,122,000 | | Total consideration transferred | | $ | 53,360,000 | |
|