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Acquisition (Tables)
3 Months Ended
Jun. 30, 2023
Business Combinations [Abstract]  
Business Combination, Purchase Price Information
Purchase Price Allocation
Amortization Period (years)Fair Value
Accounts receivable$1,267 
Inventories3,545 
Property, plant and equipment391 
Other current assets290 
Other non-current assets954 
Intangibles:
Customer relationships9.83,301 
Trademarks9.83,397 
Contract-based5.01,280 
Developed technology15.85,189 
Goodwill18,620 
Total fair value of assets acquired$38,234 
Accounts payable(1,098)
Accrued liabilities(637)
Other liabilities(1,200)
Total fair value of liabilities acquired$(2,935)
Purchase Price$35,299 
Business Acquisition, Pro Forma Information The pro forma results presented below are adjusted for the removal of acquisition and other related costs of $126 which were incurred in our first fiscal quarter ended June 30, 2022.
Three Months Ended June 30, 2023Three Months Ended June 30, 2022
Sales$106,889 $97,324 
Net income10,938 6,162