Acquisitions (Tables)

12 Months Ended

Jul. 02, 2021

Business Combinations [Abstract]

Schedule of Assets Acquired and Liabilities Assumed

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

Consideration transferred
Cash paid at closing	$	65,668
Less cash acquired	(746)
Net purchase price	$	64,922
Estimated fair value of tangible assets acquired and liabilities assumed
Cash	746
Accounts receivable	1,303
Inventory	6,522
Fixed assets	152
Other current and non-current assets	2,864
Accounts payable	(1,016)
Accrued expenses	(520)
Other current and non-current liabilities	(3,718)
Estimated fair value of net tangible assets acquired	6,333
Estimated fair value of identifiable intangible assets	24,110
Estimated goodwill	35,225
Estimated fair value of net assets acquired	65,668
Less cash acquired	(746)
Net purchase price	$	64,922

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

Consideration transferred
Cash paid at closing	$	251,229
Cash paid post closing	61,626
Working capital and net debt adjustment	(2,096)
Less cash acquired	(2,855)
Net purchase price	$	307,904
Estimated fair value of tangible assets acquired and liabilities assumed
Cash	$	2,855
Accounts receivable	27,708
Inventory	11,125
Fixed assets	23,236
Other current and non-current assets	16,453
Accounts payable	(3,777)
Accrued expenses	(5,551)
Other current and non-current liabilities	(32,549)
Estimated fair value of net tangible assets acquired	39,500
Estimated fair value of identifiable intangible assets	116,000
Estimated goodwill	155,259
Estimated fair value of net assets acquired	310,759
Less cash acquired	(2,855)
Net purchase price	$	307,904

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

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