XML 33 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquisitions (Tables)
 9 Months Ended
Nov. 03, 2018
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The preliminary purchase price and the allocation of the total consideration to the fair values of the assets and liabilities acquired consisted of the following:
(in USD and in thousands)
Preliminary Purchase Price and Allocation
as of May 10, 2018
 
Adjustments
 
Preliminary Purchase Price and Allocation
as of November 3, 2018
Purchase price:
 
 
 
 
 
Cash consideration, net of cash acquired
$
28,152

 
$
—

 
$
28,152

Replacement stock-based awards attributable to pre-acquisition services
196

 
—

 
196

Fair value of previously held assets
92,242

 
—

 
92,242

 
$
120,590

 
$
—

 
$
120,590

Fair value of assets and liabilities acquired:
 
 
 
 
 
Inventories
$
58,822

 
$
7,250

 
$
66,072

Other current assets
3,608

 
79

 
3,687

Property and equipment
41,601

 
(144
)
 
41,457

Goodwill
37,044

 
(7,237
)
 
29,807

Intangible assets
20,689

 
—

 
20,689

Accounts payable and accrued expenses
(33,248
)
 
52

 
(33,196
)
Non-current liabilities
(7,926
)
 
—

 
(7,926
)
 
$
120,590

 
$
—

 
$
120,590
Business Acquisition, Pro Forma Information
The following table provides the supplemental unaudited pro forma total revenue and net income of the combined entity had the acquisition date of TSL been the first day of our fiscal 2017:
 
Three months ended
 
Nine months ended
(in thousands)
November 3, 2018
 
October 28, 2017
 
November 3, 2018
 
October 28, 2017
Total revenue
$
833,003

 
$
789,520

 
$
2,396,987

 
$
2,284,441

Net income
$
34,144

 
$
6,195

 
$
101,637

 
$
55,318

Basic and diluted earnings per share:
 
 
 
 
 
 
 
Basic earnings per share
$
0.43

 
$
0.08

 
$
1.27

 
$
0.69

Diluted earnings per share
$
0.41

 
$
0.08

 
$
1.24

 
$
0.69