Acquisitions (Tables)

6 Months Ended

Dec. 31, 2019

Schedule of preliminary estimated fair values of assets acquired and liabilities assumed on the acquisition date

The following presents the preliminary estimated fair values of Lord and Exotic's assets acquired and liabilities assumed on the respective acquisition dates. These preliminary estimates are based on available information and will be revised during the measurement period, not to exceed 12 months from the acquisition date, as third-party valuations are finalized, additional information becomes available and as additional analysis is performed. Such revisions may have a material impact on our results of operations and financial position within the measurement period. During the current-year quarter, these revisions, which primarily impacted intangible assets, goodwill, and plant and equipment, did not have a material impact on our financial statements.



	Lord		Exotic
	October 29, 2019		September 16, 2019
Assets:
Cash and cash equivalents	$	74,013	$	8,179
Accounts receivable	156,670		81,336
Inventories	251,312		114,661
Prepaid expenses and other	27,624		1,343
Plant and equipment	406,356		178,393
Deferred income taxes	—		2,057
Other assets	34,185		1,226
Intangible assets	1,492,960		873,710
Goodwill	1,978,526		504,485
Total assets acquired	4,421,646		1,765,390
Liabilities:
Notes payable and long-term debt payable within one year	630		—
Accounts payable, trade	56,186		23,176
Accrued payrolls and other compensation	57,371		8,863
Accrued domestic and foreign taxes	4,498		2,123
Other accrued liabilities	91,101		25,662
Long-term debt	223,313		—
Pensions and other postretirement benefits	115,265		—
Deferred income taxes	383,759		—
Other liabilities	30,106		—
Noncontrolling interests	6,255		—
Total liabilities and noncontrolling interests assumed	968,484		59,824
Net assets acquired	$	3,453,162	$	1,705,566