ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2019

Acquisition of Geist

Schedule of total aggregate purchase consideration

The total aggregate purchase consideration, net of cash acquired, was as follows:

	Purchase Consideration
Cash	$	126.1
Purchase consideration		126.1
Less: Cash acquired		(1.8)
Purchase consideration, net of cash acquired	$	124.3

Summary of assets acquired and liabilities assumed

The following table summarizes the values of the assets acquired and liabilities assumed at the closing date:

	Purchase Price
	Allocation
Current assets	$	18.1
Property, plant and equipment, net		28.5
Intangible assets		40.4
Total identifiable assets		87.0
Current liabilities		5.3
Total identifiable liabilities assumed		5.3
Goodwill		42.6
Purchase consideration, net of cash acquired	$	124.3

Schedule of total identifiable intangible assets acquired

The following table details the total identifiable intangible assets acquired, their useful lives and fair values:

	Useful Life
	(Years)	Fair Value
Customer relationships	15	$	21.9
Developed technology	15		12.4
Trademarks	5		6.1
Total finite-lived identifiable intangible assets		$	40.4
Weighted average useful life of finite-lived intangibles (years)			13.5

Acquisition of Energy Labs, Inc

Schedule of total aggregate purchase consideration

The total aggregate purchase consideration, net of cash acquired, was as follows:

	Purchase Consideration
Cash	$	144.2
Contingent consideration		12.8
Purchase consideration		157.0
Less: Cash acquired		(7.5)
Purchase consideration, net of cash acquired	$	149.5

Summary of assets acquired and liabilities assumed

The following table summarizes the values of the assets acquired and liabilities assumed at the closing date:

	Purchase Price
	Allocation
Current assets	$	26.4
Property, plant and equipment, net		23.6
Intangible assets		73.7
Total identifiable assets		123.7
Current liabilities		13.3
Deferred income taxes		23.1
Total identifiable liabilities assumed		36.4
Goodwill		62.2
Purchase consideration, net of cash acquired	$	149.5

Schedule of total identifiable intangible assets acquired

The following table details the total identifiable intangible assets acquired, their useful lives and fair values:

	Useful Life
	(Years)	Fair Value
Customer relationships	10	$	59.7
Trademarks	5		3.3
Capitalized software	5		7.5
Other Intangibles	1		3.2
Total finite-lived identifiable intangible assets		$	73.7
Weighted average useful life of finite-lived intangibles (years)			8.9