Acquisitions (Tables)

9 Months Ended

Apr. 01, 2022

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

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

	Amounts
Consideration transferred
Cash paid at closing	$	91,438
Working capital and net debt adjustment	(474)
Less cash acquired	(1,782)
Net purchase price	$	89,182
Fair value of tangible assets acquired and liabilities assumed
Cash	$	1,782
Accounts receivable	1,568
Inventory	4,475
Fixed assets	547
Other current and non-current assets	2,043
Accounts payable	(529)
Accrued expenses	(865)
Other current and non-current liabilities	(11,051)
Fair value of net tangible assets acquired	(2,030)
Fair value of identifiable intangible assets	34,980
Goodwill	58,014
Fair value of net assets acquired	90,964
Less cash acquired	(1,782)
Net purchase price	$	89,182

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

	Amounts
Consideration transferred
Cash paid at closing	$	157,367
Working capital and net debt adjustment	(1,185)
Less cash acquired	(2,188)
Net purchase price	$	153,994
Fair value of tangible assets acquired and liabilities assumed
Cash	$	2,188
Accounts receivable and unbilled receivables	5,317
Inventory	7,141
Fixed assets	1,245
Other current and non-current assets	5,195
Accounts payable	(1,700)
Accrued expenses	(1,445)
Other current and non-current liabilities	(4,787)
Fair value of net tangible assets acquired	13,154
Fair value of identifiable intangible assets	61,360
Goodwill	81,668
Fair value of net assets acquired	156,182
Less cash acquired	(2,188)
Net purchase price	$	153,994

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

	Amounts
Consideration transferred
Cash paid at closing	$	65,668
Working capital and net debt adjustment	79
Less cash acquired	(746)
Net purchase price	$	65,001
Estimated fair value of tangible assets acquired and liabilities assumed
Cash	$	746
Accounts receivable	1,352
Inventory	6,575
Fixed assets	152
Other current and non-current assets	2,863
Accounts payable	(1,016)
Accrued expenses	(545)
Other current and non-current liabilities	(3,873)
Estimated fair value of net tangible assets acquired	6,254
Estimated fair value of identifiable intangible assets	24,110
Estimated goodwill	35,383
Estimated fair value of net assets acquired	65,747
Less cash acquired	(746)
Net purchase price	$	65,001

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

	Amounts
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
Fair value of tangible assets acquired and liabilities assumed
Cash	$	2,855
Accounts receivable and unbilled receivables	31,255
Inventory	11,125
Fixed assets	23,236
Other current and non-current assets	18,173
Accounts payable	(3,777)
Accrued expenses	(6,266)
Other current and non-current liabilities	(30,107)
Fair value of net tangible assets acquired	46,494
Fair value of identifiable intangible assets	116,000
Goodwill	148,265
Fair value of net assets acquired	310,759
Less cash acquired	(2,855)
Net purchase price	$	307,904