Business Combinations (Tables)

12 Months Ended

Sep. 30, 2019

Summary of Preliminary Fair Values and Purchase Price Allocations in Aggregate of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values and purchase price allocations in aggregate of the assets acquired and liabilities assumed related to the fiscal 2019 acquisitions as of the respective acquisition dates.

(in thousands)	As of Acquisition Date
Receivables	$	6,887
Inventories		2,105
Prepaid expenses and other current assets		89
Property and equipment, net		13,676
Intangibles		28,599
Accrued expenses and other current liabilities		(366	)
Unearned service contract revenue		(2,800	)
Customer credit balances		(3,399	)
Other long-term liabilities		(25	)
Total net identifiable assets acquired	$	44,766

Total consideration	$	60,904
Less: Total net identifiable assets acquired		44,766
Goodwill	$	16,138

Schedule of Unaudited Pro Forma Results of Operations

The following table provides unaudited pro forma results of operations as if the fiscal 2019 acquisitions had occurred on October 1, 2017, the beginning of fiscal year 2018. The unaudited pro forma results were prepared using current and prior year financial information, reflecting certain adjustments related to the acquisition, such as the elimination of directly attributable acquisition expenses and changes to depreciation and amortization expenses. These pro forma adjustments do not include any potential synergies related to combining the businesses. Accordingly, such pro forma operating results were prepared for comparative purposes only and do not purport to be indicative of what would have occurred had the acquisitions been made as of October 1, 2017 or of results that may occur in the future.

	For the Twelve Months Ended September 30,
(in thousands)	2019		2018
Total sales	$	1,821,522	$	1,765,165
Net income	$	22,486	$	57,112