Acquisitions (Tables) - Zappa Stewart

12 Months Ended

Aug. 31, 2020

Schedule of allocation of acquisition cost to the acquired tangible and identifiable intangible assets and liabilities assumed based on their fair values as of the date of the acquisition

Assets and Liabilities	Amount
Accounts receivable	$	3,670
Inventory		6,796
Prepaid expenses and other current assets		12
Property, plant & equipment		1,872
Goodwill		34,138
Intangible assets		30,240
Deferred tax liability		(2,626)
Accounts payable and accrued expenses		(633)
Total purchase price	$	73,469

Schedule of identifiable intangible assets purchased as part of business acquisition

			Weighted Average
Intangible Asset	Amount		Useful Life
Customer relationships	$	28,500	7.9	years
Technology		900	7	years
Trade names		840	4	years
Total intangible assets	$	30,240

Schedule of pro forma information

	Years Ended August 31,
	2018
Revenue	$	292,609
Net income		44,508
Net income available to common shareholders, per common and common equivalent share
Basic earnings per share	$	4.75
Diluted earnings per share	$	4.70