Business combination (Tables)

12 Months Ended

Jul. 31, 2016

Pathfinder Therapeutics Inc

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

The following table summarizes the purchase price allocation based on the fair values of the separately identifiable assets acquired and liabilities assumed as of the acquisition date:

(in millions)
Inventory and receivables				$	0.2
Goodwill					0.4
Intangible assets:
Developed technology (estimated useful life of 10 years)	$	0.7
Customer relationships (estimated useful life of 2 years)		0.3
Trade names (estimated useful life of 5 years)		0.1
Total intangible assets					1.1
Total assets acquired					1.7
Accrued liabilities		(0.1	)
Total liabilities assumed					(0.1	)
Total purchase price				$	1.6

Oncura

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

The following table summarizes 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. The fair value measurements of intangibles, property, plant and equipment, deferred revenue, and contingent consideration were based upon significant inputs not observable in the market and therefore represent fair value measurements based on Level 3 inputs, as defined in Note 8, Fair Value Measurements. These are preliminary balances as we continue to obtain information to complete our valuation of these accounts:

(in millions)
Cash				$	0.4
Accounts receivable					0.3
Inventory					0.2
Other assets					0.4
Property, plant, and equipment					0.4
Goodwill					16.4
Intangible assets:
Tradename (estimated useful life of 5 years)	$	1.0
Customer relationships (estimated useful life of 6 years)		3.1
Total intangible assets					4.1
Total assets acquired					22.2
Accounts payable and accrued expenses		(0.9	)
Deferred revenue		(1.1	)
Total liabilities assumed					(2.0	)
Total purchase price				$	20.2

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