XML 50 R51.htm IDEA: XBRL DOCUMENT v3.20.1
Business Combinations - Total consideration (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 08, 2019
Jan. 17, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Preliminary estimated fair value of the consideration          
Goodwill     $ 231,045 $ 125,029 $ 5,064
Cash paid, net of cash acquired     185,090 $ 93,052  
VIP          
Preliminary estimated fair value of the consideration          
Current assets   $ 15,617      
Property, plant, and equipment   8,885      
Other assets, net   295      
Goodwill   112,643      
Total assets   224,240      
Current liabilities   22,908      
Capital lease obligations   3,032      
Total liabilities   25,940      
Estimated purchase price   198,300      
Cash paid, net of cash acquired   92,082      
LLC Interests and shares of Class B common stock   90,031      
Guarantee note   10,000      
Contingent notes   6,900      
Post-closing working capital adjustment   (713)      
Estimated fair value of total consideration transferred   198,300      
HBH          
Preliminary estimated fair value of the consideration          
Working Capital, net     1,676    
Property, plant, and equipment     2,686    
Goodwill     7,607    
Total assets     15,769    
Capital lease obligations     1,114    
Total liabilities     1,114    
Estimated purchase price     14,655    
Cash paid, net of cash acquired     1,683    
LLC Interests and shares of Class B common stock     12,972    
Estimated fair value of total consideration transferred     $ 14,655    
Perrigo Animal Health Acquisition          
Preliminary estimated fair value of the consideration          
Inventories $ 17,998        
Property, plant, and equipment 19,568        
Other current assets 13,048        
Other assets 9,680        
Indefinite-lived intangible assets 23,040        
Definite-lived intangible assets 14,480        
Goodwill 105,838        
Total assets 203,652        
Total liabilities 19,259        
Estimated purchase price 184,393        
Cash paid, net of cash acquired (185,090)        
Post-closing working capital adjustment 697        
Estimated fair value of total consideration transferred $ 184,393        
Finite-Lived Intangible Asset, Useful Life     13 years    
Customer relationships          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     20 years    
Customer relationships | VIP          
Preliminary estimated fair value of the consideration          
Definite-lived intangible assets   77,200      
Customer relationships | HBH          
Preliminary estimated fair value of the consideration          
Definite-lived intangible assets     $ 3,800    
Finite-Lived Intangible Asset, Useful Life     15 years    
Brand names          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     10 years    
Brand names | VIP          
Preliminary estimated fair value of the consideration          
Definite-lived intangible assets   $ 9,600      
Maximum          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     20 years    
Maximum | Customer relationships          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     20 years    
Maximum | Brand names          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     15 years    
Minimum          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     2 years    
Minimum | Customer relationships          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     12 years    
Minimum | Brand names          
Preliminary estimated fair value of the consideration          
Finite-Lived Intangible Asset, Useful Life     5 years