Business Combinations (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Fair Values of Assets Acquired and Liabilities Assumed for Acquisitions

Following is a summary of our allocations of the purchase price to the fair values of the assets acquired and liabilities assumed as of the date of each acquisition:



	Laser Control Systems			Photocore AG		Lanmark			Open Technologies ⁽²⁾
Accounts receivable	$	—		$	—	$	610		$	2,735
Inventory	—			—		299			1,852
Other assets	—			—		76			634
Intangible assets	1,400			1,435		1,366			7,821
Goodwill	928			1,010		5,355			13,573
Accounts payable and accrued liabilities	—			—		(159		)	(2,926		)
Other liabilities ⁽¹⁾	(579		)	—		(971		)	(5,201		)
Deferred income tax liabilities	—			—		(325		)	(1,876		)
Total purchase price, net of cash acquired	$	1,749		$	2,445	$	6,251		$	16,612

⁽¹⁾ For Laser Control Systems, Lanmark and Open Technologies, this total consists primarily of the fair value of the projected contingent consideration.

⁽²⁾ Amounts converted from Euros to U.S. Dollars based on the foreign exchange rate on the closing date of the acquisition.

Summary of the Purchase Price Preliminarily Allocated to the Intangible Assets Acquired for the Acquisitions

Following are the details of the purchase price allocated to the intangible assets acquired for the acquisitions noted above:



	Laser Control Systems			Photocore AG			Lanmark			Open Technologies
	Amount		Weighted Average Life (Years)	Amount		Weighted Average Life (Years)	Amount		Weighted Average Life (Years)	Amount		Weighted Average Life (Years)
Trade name	$	—	0	$	—	0	$	—	0	$	—	0
Brand	26		1	22		1	26		1	103		1
Non-competition agreement	29		3	9		3	—		0	—		0
Technology	1,319		7	1,343		7	760		7	4,441		7
Customer relationship	26		10	61		10	580		10	3,277		10
Favorable in-place lease	—		0	—		0	—		0	—		0
Fair value of intangible assets acquired	$	1,400	7	$	1,435	7	$	1,366	8	$	7,821	8