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Business Combinations (Tables)
3 Months Ended
Oct. 31, 2014
PocketSonics
 
Summary of Estimated Fair Values of Separately Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the separately identifiable assets acquired and liabilities assumed as of September 20, 2013:

 

(in millions)       

Cash

   $ 0.5   

Goodwill

     6.9   

IPR&D

     11.5   
  

 

 

 

Total assets acquired

     18.9   

Accounts payable and accrued expenses

     (0.3

Deferred taxes

     (4.1
  

 

 

 

Total liabilities assumed

     (4.4
  

 

 

 

Total purchase price

   $ 14.5   
  

 

 

 
Pathfinder Therapeutics Inc
 
Summary of Estimated Fair Values of Separately Identifiable Assets Acquired and Liabilities Assumed

The following table summarized the purchase price allocation based on preliminary estimates of the fair values of the separately identifiable assets acquired and liabilities assumed as of the acquisition date. We continue to obtain information to complete our valuation of these accounts and the associated tax accounting:

 

(in millions)              

Inventory and receivables

      $ 0.1   

Goodwill

        0.6   

Intangible assets:

     

Developed technology (estimated useful life of 10 years)

     0.7      

Customer Relationships (estimated useful life of 2 years)

        0.2      

Tradename (estimated useful life of 5 years)

     0.1      
  

 

 

    

Total intangible assets

        1.0   
     

 

 

 

Total assets acquired

        1.7   

Accrued liabilities

        (0.1
     

 

 

 

Total liabilities assumed

        (0.1
     

 

 

 

Total purchase price

      $ 1.6