XML 51 R35.htm IDEA: XBRL DOCUMENT v3.20.4
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
This acquisition was accounted for as a purchase transaction. The assets acquired and liabilities assumed were recorded based
on their fair values at the date of acquisition as follows (in thousands):
Cash$10,953 
Restricted cash1,932 
Accounts receivable9,525 
Contract assets784 
Inventories13,500 
Property, plant and equipment81,997 
Operating right-of-use asset653 
Other tangible assets2,492 
Goodwill95,089 
Other intangible assets110,300 
Liabilities(9,679)
    Net assets acquired317,546 
    Less cash received(12,885)
    Net consideration$304,661 
Business Acquisition, Pro Forma Information
For the year ended December 31,
20202019
In thousands
Net sales$784,459 $853,192 
(Loss) earnings from continuing operations$(35,681)$27,126 
Net (loss) earnings$(34,989)$180,509