XML 51 R40.htm IDEA: XBRL DOCUMENT v3.20.2
Acquisitions (Details) - USD ($)
$ in Millions
2 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 10 Months Ended 12 Months Ended
Jul. 22, 2020
Nov. 20, 2019
Apr. 01, 2019
Jan. 11, 2019
Sep. 30, 2020
Sep. 30, 2019
Jun. 30, 2020
Sep. 30, 2019
Sep. 30, 2019
Sep. 30, 2020
Dec. 31, 2019
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill         $ 1,727.3         $ 1,727.3 $ 1,716.3
Other Long-term Assets                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Indemnification asset       $ 5.2              
Motion Tech Automation, LLC                      
Acquisitions                      
Percentage of ownership interest acquired 100.00%                    
Total cash consideration transferred $ 33.3                    
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Cash and cash equivalents 0.3                    
Goodwill 16.6                    
Motion Tech Automation, LLC | Customer relationships                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired $ 1.0                    
Useful life of finite lived intangible assets 9 years                    
Motion Tech Automation, LLC | Acquired Technology                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired $ 2.3                    
Useful life of finite lived intangible assets 9 years                    
Motion Tech Automation, LLC | Trade names                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired $ 1.0                    
Useful life of finite lived intangible assets 5 years                    
Providien, LLC                      
Acquisitions                      
Total cash consideration transferred   $ 332.1               331.3  
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Cash and cash equivalents   3.4     3.4         3.4  
Receivables, net   9.8     9.8         9.8  
Inventories, net   2.7     2.4         2.4  
Contract assets   29.1     29.1         29.1  
Prepaid expenses and other current assets   2.3     1.4         1.4  
Property, plant and equipment   12.9     12.9         12.9  
Definite-lived intangible assets   135.4     132.7         132.7  
Other long-term assets   7.1     6.8         6.8  
Accounts payable   (6.0)     (5.8)         (5.8)  
Income tax payable   (0.7)     0.1         0.1  
Accrued and other current liabilities   (7.0)     (7.0)         (7.0)  
Other long-term liabilities   (8.1)     (7.0)         (7.0)  
Deferred income taxes   (27.1)     (19.0)         (19.0)  
Total identifiable net assets   153.8     159.8         159.8  
Receivables not expected to be collected   0.1                  
Goodwill deductible for tax purposes   66.5                  
Finite-lived intangible assets acquired   132.6                  
Providien, LLC | Adjustment                      
Acquisitions                      
Total cash consideration transferred                   (0.8)  
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Inventories, net         (0.3)         (0.3)  
Prepaid expenses and other current assets         (0.9)         (0.9)  
Definite-lived intangible assets         (2.7)         (2.7)  
Other long-term assets         (0.3)         (0.3)  
Accounts payable         0.2         0.2  
Income tax payable         0.8         0.8  
Other long-term liabilities         1.1         1.1  
Deferred income taxes         8.1         8.1  
Total identifiable net assets         6.0         6.0  
Providien, LLC | Customer relationships                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired   $ 108.7                  
Useful life of finite lived intangible assets   14 years                  
Providien, LLC | Acquired Technology                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired   $ 19.5                  
Useful life of finite lived intangible assets   7 years                  
Providien, LLC | Trade names                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired   $ 4.4                  
Useful life of finite lived intangible assets   2 years                  
Petersen Aluminum Corporation                      
Acquisitions                      
Percentage of ownership interest acquired       100.00%              
Total cash consideration transferred       $ 207.2             207.2
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Cash and cash equivalents       5.2             5.2
Receivables, net       11.5             11.5
Inventories, net       39.5             39.2
Prepaid expenses and other current assets       2.1             2.1
Property, plant and equipment       17.8             17.8
Definite-lived intangible assets       109.3             110.1
Other long-term assets       9.5             9.5
Accounts payable       (5.9)             (5.9)
Income tax payable       1.7             1.7
Accrued and other current liabilities       (8.7)             (8.7)
Other long-term liabilities       (12.4)             (12.5)
Deferred income taxes       (25.4)             (25.6)
Total identifiable net assets       144.2             144.4
Goodwill       63.0             62.8
Gross contractual accounts receivable acquired       11.6              
Receivables not expected to be collected       0.1              
Goodwill deductible for tax purposes                     0.0
Indemnification asset       5.2              
Release of indemnification asset related to escrow expirations             $ 3.0        
Petersen Aluminum Corporation | Adjustment                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Inventories, net                     (0.3)
Definite-lived intangible assets                     0.8
Other long-term liabilities                     (0.1)
Deferred income taxes                     (0.2)
Total identifiable net assets                     0.2
Goodwill                     (0.2)
Petersen Aluminum Corporation | Customer relationships                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired       $ 79.7              
Useful life of finite lived intangible assets       11 years              
Petersen Aluminum Corporation | Acquired Technology                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired       $ 2.5              
Useful life of finite lived intangible assets       10 years              
Petersen Aluminum Corporation | Trade names                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Finite-lived intangible assets acquired       $ 27.9              
Useful life of finite lived intangible assets       17 years              
MicroConnex Corporation                      
Acquisitions                      
Percentage of ownership interest acquired     100.00%                
Total cash consideration transferred     $ 46.2                
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Cash and cash equivalents     0.8                
Carlisle Interconnect Technologies                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill         829.3         829.3 835.2
Carlisle Interconnect Technologies | Motion Tech Automation, LLC                      
Acquisitions                      
Contribution to net sales since acquisition         4.1            
Contribution to operating income since acquisition         0.1            
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Receivables, net $ 2.8                    
Inventories, net 4.3                    
Definite-lived intangible assets 4.3                    
Accounts payable (1.3)                    
Goodwill 2.8                    
Maximum indemnification 1.6                    
Indemnification asset 1.5                    
Carlisle Interconnect Technologies | Providien, LLC                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill   $ 178.3     171.5         171.5  
Carlisle Interconnect Technologies | Providien, LLC | Adjustment                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill         (6.8)         (6.8)  
Carlisle Interconnect Technologies | MicroConnex Corporation                      
Acquisitions                      
Contribution to net sales since acquisition           $ 3.5   $ 6.5      
Contribution to operating income since acquisition           0.1   $ (0.5)      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Receivables, net     3.4                
Inventories, net     0.9                
Definite-lived intangible assets     27.4                
Accounts payable     (0.6)                
Deferred income taxes     (7.0)                
Goodwill     15.2                
Goodwill deductible for tax purposes     $ 0.0                
Carlisle Interconnect Technologies | MicroConnex Corporation | Customer relationships                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Useful life of finite lived intangible assets     12 years                
Carlisle Interconnect Technologies | MicroConnex Corporation | Acquired Technology                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Useful life of finite lived intangible assets     5 years                
Carlisle Interconnect Technologies | MicroConnex Corporation | Trade names                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Useful life of finite lived intangible assets     17 years                
Carlisle Construction Materials                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill         610.9         610.9 597.1
Carlisle Construction Materials | Motion Tech Automation, LLC                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill 11.0                    
Carlisle Construction Materials | Petersen Aluminum Corporation                      
Acquisitions                      
Contribution to net sales since acquisition           49.6     $ 133.4    
Contribution to operating income since acquisition           $ 4.4     $ 8.0    
Carlisle Fluid Technologies                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill         $ 190.6         $ 190.6 $ 187.5
Carlisle Fluid Technologies | Motion Tech Automation, LLC                      
Recognized amounts of identifiable assets acquired and liabilities assumed:                      
Goodwill $ 2.8