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Acquisitions (Tables) (Micronetics)
3 Months Ended
Sep. 30, 2012
Micronetics
 
Net Purchase Price and Preliminary Allocation for Acquisition

The following table presents the net purchase price and its preliminary allocation for the acquisition of Micronetics:

 

     Amounts  

Consideration transferred

  

Cash paid to shareholders and to settle vested options

   $ 69,830   

Value allocated to unvested options

     513   

Less cash acquired

     (2,109
  

 

 

 

Net purchase price

   $ 68,234   
  

 

 

 

Estimated fair value of tangible assets acquired and liabilities assumed

  

Cash

   $ 2,109   

Accounts receivable

     3,584   

Inventory

     12,080   

Fixed assets

     5,301   

Other current and non-current assets

     2,893   

Accounts payable and accrued expenses

     (5,305

Long-term debt

     (6,575

Deferred taxes

     (8,052
  

 

 

 

Estimated fair value of net tangible assets acquired

     6,035   

Estimated fair value of identifiable intangible assets

     18,500   

Estimated fair value of goodwill

     45,808   
  

 

 

 

Estimated fair value of assets acquired

   $ 70,343   

Less cash acquired

     (2,109
  

 

 

 

Net purchase price

   $ 68,234