Divestitures and Acquisitions (Tables)

6 Months Ended

Jun. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Below is the fair value of consideration transferred.

(in thousands)
Cash Paid at acquisition	$	34,098
Deferred cash consideration	3,628
Estimated Fair Value of RNCI	2,418
Total fair value of consideration transferred	$	40,144

Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition:

(in thousands)
Current assets, including cash acquired of $125			$	1,408
Intangible assets:
Product technology	$	7,886
Trade name	5,602
Total intangible assets			13,488
Goodwill			26,277
Other assets			705
Liabilities:
Accounts payable and accrued liabilities	$	332
Deferred revenue	70
Deferred Tax Liability	1,332
Total liabilities			1,734
Net assets acquired			$	40,144

Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition:

(in thousands)
Current assets			$	661
Intangible assets:
Product technology	$	9,370
Trade name	5,580
Total intangible assets			14,950
Goodwill			24,043
Other assets			479
Liabilities:
Accounts payable and accrued liabilities	$	223
Deferred revenue	410
Total liabilities			633
Net assets acquired			$	39,500

Shown below is the preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, at the date of acquisition:

(in thousands)
Current assets, including cash acquired of $3,454			$	8,344
Intangible assets:
Product technology	$	12,600
Trade name	7,300
Total intangible assets			19,900
Goodwill			165,611
Other assets			703
Liabilities:
Accounts payable and accrued liabilities	$	6,643
Deferred revenue	490
Total liabilities			7,133
Net assets acquired			$	187,425

Shown below is the updated preliminary purchase price allocation, which summarizes the fair value of the assets and liabilities assumed, as of the date of the Volumetric acquisition:

(in thousands)
Current assets, including cash acquired of $389			$	3,143
Intangible assets:
Developed Technology	$	1,100
Distributor Relationship	400
Total intangible assets			1,500
Goodwill			37,492
Other assets			1,194
Liabilities:
Accounts payable and accrued liabilities	3,156
Total liabilities			3,156
Net assets acquired			$	40,173