Acquisitions (Tables)

12 Months Ended

Jul. 01, 2022

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 Atlanta Micro on a preliminary basis:

	Amounts
Consideration transferred
Cash paid at closing	$	91,438
Working capital and net debt adjustment	(416)
Less cash acquired	(1,782)
Net purchase price	$	89,240
Estimated 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	(11,084)
Estimated fair value of net tangible assets acquired	(2,063)
Estimated fair value of identifiable intangible assets	34,980
Estimated goodwill	58,105
Estimated fair value of net assets acquired	91,022
Less cash acquired	(1,782)
Net purchase price	$	89,240

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	(1,034)
Less cash acquired	(2,188)
Net purchase price	$	154,145
Estimated fair value of tangible assets acquired and liabilities assumed
Cash	$	2,188
Accounts receivable	5,363
Inventory	7,141
Fixed assets	1,245
Other current and non-current assets	5,195
Accounts payable	(1,700)
Accrued expenses	(1,376)
Other current and non-current liabilities	(4,788)
Estimated fair value of net tangible assets acquired	13,268
Estimated fair value of identifiable intangible assets	61,360
Estimated goodwill	81,705
Estimated fair value of net assets acquired	156,333
Less cash acquired	(2,188)
Net purchase price	$	154,145

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

	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
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)
Fair value of net tangible assets acquired	6,254
Fair value of identifiable intangible assets	24,110
Goodwill	35,383
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	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