BUSINESS COMBINATION (Tables)

9 Months Ended

Jun. 30, 2017

The following table summarizes the fair values of assets acquired and liabilities assumed as of the date of acquisition:

Total purchase consideration	$	142,237

Cash	$	15,261
Accounts receivable		3,052
Inventories		2,768
Prepaid expenses and other current assets		1,712
Property, plant and equipment		6,901
Intangible assets		55,000
Deferred tax assets		20,509
Other long-term assets		1,458
Accounts payable		(1,057	)
Accrued expenses and other current liabilities		(1,472	)
Deferred tax liabilities		(20,313	)
Total identifiable net assets		83,819
Goodwill		58,418
	$	142,237

Components of Identifiable Intangible Assets

The following table sets forth the components of identifiable intangible assets acquired and their estimated useful lives as of the date of acquisition:

	Fair		Useful
	Value		Life
Trade name	$	8,000	7 years
Customer relationships		8,000	11 years
Developed technology - product family A		32,000	7 years
Developed technology - product family B		2,000	9 years
In-process technology		5,000
Total intangible assets	$	55,000

Pro Forma Combined Results of Operations

The following supplemental pro forma information summarizes the combined results of operations for Cabot Microelectronics and NexPlanar as if the acquisition had occurred on October 1, 2014.

	Three Months Ended June 30,		Nine Months Ended June 30,
	2016		2016
Revenue	$	108,152	$	309,172
Net income		18,412		39,915
Earnings per share - basic		0.76		1.65
Earnings per share - diluted	$	0.75	$	1.62