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Business Combinations (Tables)
12 Months Ended
Sep. 30, 2023
Business Combinations [Abstract]  
Schedule of assets acquired and liabilities assumed as of the acquisition date

The purchase price was allocated to B Medical’s tangible and identifiable intangible assets acquired and liabilities assumed based on the estimated fair values as of October 3, 2022, as set forth below (in thousands):

    

Fair Value

Accounts receivable

$

19,549

Inventory

 

51,978

Other assets

 

10,769

Property plant and equipment

 

54,149

Identifiable Intangible Assets:

 

Completed technology

 

100,600

Trademarks

 

5,500

Customer relationships

 

36,700

Backlog

 

600

Other liabilities

 

(32,533)

Deferred income taxes, net

(43,393)

Goodwill

228,241

Total purchase price, net of cash acquired

$

432,160

Schedule of consolidated results

The following financial information reflects our consolidated results from B Medical (in thousands):

Year Ended September 30, 

2023

Revenue

$

113,122

Net loss

$

(26,463)

Schedule of pro forma information

The following unaudited pro forma financial information reflects our consolidated results of operations as if the acquisition had taken place on October 1, 2021 (in thousands). The unaudited pro forma financial information is not necessarily indicative of the results of operations that we would have reported had the transaction occurred at the beginning of these periods nor is it necessarily indicative of future results.

Year Ended September 30, 

2023

2022

Revenue

$

665,072

$

672,151

Net income (loss)

$

(5,356)

$

2,111,185