ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2021

Spectrum Controls

ACQUISITIONS

Schedule of purchase price allocation and estimated fair value of the assets acquired

The preliminary allocation of the purchase price paid for Spectrum Controls is based on estimated fair values of the assets acquired and liabilities assumed of Spectrum Controls as of December 30, 2021 and is as follows (in thousands):

Cash and cash equivalents	$	96
Trade receivables		3,612
Inventories		4,127
Other assets, net		560
Property, plant and equipment		278
Intangible assets		34,800
Goodwill		26,453
Current liabilities		(1,215)
Net purchase price	$	68,711

ORMEC and ALIO

ACQUISITIONS

Schedule of purchase price allocation and estimated fair value of the assets acquired

The preliminary allocation of the purchase price paid is based on estimated fair values of the assets acquired and liabilities assumed as of November 2, 2021 for ORMEC and November 4, 2021 for ALIO and is, collectively, as follows (in thousands):

Cash and cash equivalents	$	2,059
Trade receivables		1,416
Inventories		2,802
Other assets, net		50
Property, plant and equipment		699
Right of use assets		1,005
Intangible assets		10,200
Goodwill		19,978
Other current liabilities		(1,028)
Deferred revenue		(2,063)
Lease liabilities		(1,005)
Net deferred income tax liabilities		(655)
Net purchase price	$	33,458

Dynamic Controls

ACQUISITIONS

Schedule of purchase price allocation and estimated fair value of the assets acquired

The allocation of the purchase price paid for Dynamic Controls is based on fair values of the assets acquired and liabilities assumed of Dynamic Controls as of March 7, 2020 and is as follows (in thousands):

Cash and cash equivalents	$	11,437
Trade receivables		4,129
Inventories		3,329
Other assets, net		769
Property, plant and equipment		1,185
Right of use assets		2,735
Intangible assets		7,800
Goodwill		6,629
Current liabilities		(7,354)
Lease liabilities		(2,739)
Net deferred income tax liabilities		(1,755)
Net purchase price	$	26,165