Acquisitions (Tables)

9 Months Ended

Apr. 02, 2021

Business Combinations [Abstract]

Schedule of the Net Purchase Price and Fair Values of Assets and Liabilities Acquired

The following table presents the net purchase price and the fair values of the assets and liabilities of POC on a preliminary basis:

	Amounts
Consideration transferred
Cash paid at closing	$	251,229
Cash paid post closing	61,626
Working capital and net debt adjustment	(4,737)
Less cash acquired	(2,855)
Net purchase price	$	305,263
Estimated fair value of tangible assets acquired and liabilities assumed
Cash	$	2,855
Accounts receivable	24,966
Inventory	11,125
Fixed assets	23,236
Other current and non-current assets	14,968
Accounts payable	(3,777)
Accrued expenses	(4,502)
Other current and non-current liabilities	(42,987)
Estimated fair value of net tangible assets acquired	25,884
Estimated fair value of identifiable intangible assets	114,000
Estimated goodwill	168,234
Estimated fair value of net assets acquired	308,118
Less cash acquired	(2,855)
Net purchase price	$	305,263

The following table presents the net purchase price and the fair values of the assets and liabilities of APC:

	Amounts
Consideration transferred
Cash paid at closing	$	100,826
Working capital and net debt adjustment	(5,952)
Liabilities assumed	2,454
Less cash acquired	(826)
Net purchase price	$	96,502
Fair value of tangible assets acquired and liabilities assumed
Cash	$	826
Accounts receivable	3,726
Inventory	11,233
Fixed assets	690
Other current and non-current assets	3,494
Accounts payable	(1,554)
Accrued expenses	(1,457)
Other current and non-current liabilities	(5,852)
Fair value of net tangible assets acquired	11,106
Fair value of identifiable intangible assets	33,200
Goodwill	53,022
Fair value of net assets acquired	97,328
Less cash acquired	(826)
Net purchase price	$	96,502