Acquisitions (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of purchase price allocation

The allocation of the purchase price of Charter was finalized in 2022 and is summarized as follows:

	(In millions)
Accounts receivable	$	2.6
Inventories	3.0
Property, plant and equipment	4.3
Other current assets	0.9
Accounts payable and accrued expenses	(1.5)
Total purchase price	$	9.3

The allocation of the purchase price of Southern Fasteners was finalized in 2022 and is summarized as follows (including the $2.0 million of notes payable to the seller):

	(In millions)
Accounts receivable	$	3.3
Inventories	5.0
Property, plant and equipment	0.4
Other current assets	0.3
Intangible assets	6.0
Goodwill	6.2
Accounts payable and accrued expenses	(2.5)
Total purchase price (including notes payable to seller of $2.0 million)	$	18.7