Acquisitions (Tables)

9 Months Ended

Apr. 30, 2017

Accutron, Inc.

Acquisitions

Schedule of purchase price allocated to the assets acquired and assumed liabilities based on estimated fair values

	Final
Net Assets	Allocation
Current assets	$	5,879,000
Property, plant and equipment		1,676,000
Amortizable intangible assets (9- year weighted average life):
Customer relationships (8- year life)		12,800,000
Technology (10- year life)		10,000,000
Brand names (10- year life)		2,000,000
Deferred income tax assets		112,000
Current liabilities		(1,407,000)
Net assets acquired	$	31,060,000