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Acquisitions (Tables)
9 Months Ended
Mar. 31, 2016
Schedule of Measurement Period Adjustments

During the nine months ended March 31, 2016, we recorded certain measurement period adjustments to the provisional values recorded as of June 30, 2015. The adjustments recorded during the nine months ended March 31, 2016 and the balance sheet accounts impacted are as follows:

 

Balance Sheet Account:

 

Increase / (Decrease)

 

Inventories

 

$

(325

)

Other current assets

 

 

(607

)

Total current assets

 

 

(932

)

Property, plant and equipment, net

 

 

(529

)

Goodwill

 

 

84,980

 

Intangible assets, net

 

 

(136,849

)

Other assets

 

 

4,532

 

Total Assets

 

$

(48,798

)

Accrued liabilities

 

$

984

 

Total current liabilities

 

 

984

 

Other non-current liabilities

 

 

(54,538

)

Total liabilities

 

 

(53,554

)

Total shareholders’ equity

 

 

4,756

 

Total Liabilities and Equity

 

$

(48,798

)

 

TowerSec Ltd. [Member]  
Schedule of Cost of Acquisition, including Fair Value of Contingent Consideration Allocated to Assets Acquired and Liabilities Assumed

The total cost of the TowerSec Acquisition was allocated on a preliminary basis, subject to final allocation, to the assets acquired and liabilities assumed based on their fair values at the TowerSec Acquisition Date, as follows:

 

 

 

March 10, 2016

 

Cash and cash equivalents

 

$

793

 

Other current assets

 

 

89

 

Total current assets

 

 

882

 

Property, plant and equipment

 

 

209

 

Goodwill

 

 

60,936

 

Intangible assets

 

 

6,000

 

Total assets

 

 

68,027

 

Accounts payable

 

 

293

 

Accrued liabilities

 

 

373

 

Total current liabilities

 

 

666

 

Other non-current liabilities

 

 

4,162

 

Total liabilities

 

 

4,828

 

Net assets

 

$

63,199

 

 

Southern Vision Systems Inc [Member]  
Schedule of Cost of Acquisition, including Fair Value of Contingent Consideration Allocated to Assets Acquired and Liabilities Assumed

The total cost of the SVSI Acquisition was allocated on a preliminary basis, subject to final allocation, to the assets acquired and liabilities assumed based on their fair values at the SVSI Acquisition Date, as follows:

 

 

 

June 10, 2015

 

Cash and cash equivalents

 

$

2,134

 

Receivables

 

 

1,510

 

Inventories

 

 

855

 

Other current assets

 

 

50

 

Total current assets

 

 

4,549

 

Property, plant and equipment

 

 

177

 

Goodwill

 

 

13,244

 

Intangible assets

 

 

8,360

 

Total assets

 

 

26,330

 

Accounts payable

 

 

513

 

Accrued liabilities

 

 

464

 

Total current liabilities

 

 

977

 

Other non-current liabilities

 

 

3,351

 

Total liabilities

 

 

4,328

 

Net assets

 

$

22,002

 

 

Bang & Olufsen Automotive Assets [Member]  
Schedule of Cost of Acquisition, including Fair Value of Contingent Consideration Allocated to Assets Acquired and Liabilities Assumed

The total cost of the B&O Acquisition was allocated on a preliminary basis, subject to final allocation, to the assets acquired and liabilities assumed based on their fair values at the B&O Acquisition Date, as follows:

 

 

 

June 1, 2015

 

Receivables

 

$

9,338

 

Inventories

 

 

5,430

 

Other current assets

 

 

1,152

 

Total current assets

 

 

15,920

 

Property, plant and equipment

 

 

7,594

 

Goodwill

 

 

13,006

 

Intangible assets

 

 

129,700

 

Total assets

 

 

166,220

 

Accrued liabilities

 

 

1,047

 

Total current liabilities

 

 

1,047

 

Total liabilities

 

 

1,047

 

Net assets

 

$

165,173

 

 

Symphony Teleca Corporation [Member]  
Schedule of Cost of Acquisition, including Fair Value of Contingent Consideration Allocated to Assets Acquired and Liabilities Assumed

The total cost of the STC Acquisition was allocated to the assets acquired and liabilities assumed based on their fair values at the STC Acquisition Date, as follows:

 

 

 

April 8, 2015

 

Cash and cash equivalents

 

$

47,023

 

Receivables

 

 

51,553

 

Other current assets

 

 

74,095

 

Total current assets

 

 

172,671

 

Property, plant and equipment

 

 

24,954

 

Goodwill

 

 

598,849

 

Intangible assets

 

 

202,900

 

Other assets

 

 

38,011

 

Total assets

 

 

1,037,385

 

Short-term debt

 

 

13,417

 

Accounts payable

 

 

4,469

 

Accrued liabilities

 

 

49,183

 

Total current liabilities

 

 

67,069

 

Long-term debt

 

 

120,847

 

Other non-current liabilities

 

 

87,167

 

Total liabilities

 

 

275,083

 

Non-controlling interest

 

 

17,461

 

Total liabilities and equity

 

 

292,544

 

Net assets

 

$

744,841

 

 

Red Bend Ltd. [Member]  
Schedule of Cost of Acquisition, including Fair Value of Contingent Consideration Allocated to Assets Acquired and Liabilities Assumed

The total cost of the Redbend Acquisition was allocated to the assets acquired and liabilities assumed based on their fair values at the Redbend Acquisition Date, as follows:

 

 

 

February 26, 2015

 

Cash and cash equivalents

 

$

2,401

 

Receivables

 

 

2,007

 

Other current assets

 

 

1,245

 

Total current assets

 

 

5,653

 

Property, plant and equipment

 

 

1,261

 

Goodwill

 

 

205,907

 

Intangible assets

 

 

30,500

 

Other assets

 

 

4,933

 

Total assets

 

 

248,254

 

Accounts payable

 

 

833

 

Short-term debt

 

 

1,715

 

Accrued liabilities

 

 

15,826

 

Total current liabilities

 

 

18,374

 

Other non-current liabilities

 

 

13,630

 

Total liabilities

 

 

32,004

 

Net assets

 

$

216,250