XML 75 R65.htm IDEA: XBRL DOCUMENT v3.24.0.1
Business Combination Agreement - Summary of Purchase Price Allocation of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Jul. 15, 2022
Net Assets:      
Goodwill $ 353,415 $ 381,724  
Adtran Networks SE [Member]      
Business Acquisition [Line Items]      
Total purchase price     $ 578,260
Noncontrolling interest     316,415
Net Assets:      
Cash and cash equivalents     44,003
Accounts receivable     114,659
Other receivables     1,457
Inventory     200,331
Prepaid expenses and other current assets     28,208
Property plant and equipment     55,480
Deferred tax assets     1,759
Identifiable intangible assets     403,780
Other non-current assets     31,074
Accounts payable     (98,587)
Current unearned revenue     (26,047)
Accrued expenses and other liabilities     (59,600)
Income tax payable, net     (4,898)
Current portion of notes payable     (25,254)
Tax liabilities     (1,400)
Non-current unearned revenue     (11,498)
Pension liability     (6,820)
Other non-current liabilities     (6,094)
Non-current portion of revolving credit agreements and notes payable     (15,250)
Non-current lease obligations     (20,046)
Deferred tax liabilities     (61,040)
Total net assets acquired     544,217
Goodwill $ 350,500   $ 350,458