Business Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Business Acquisition [Line Items]

Schedule of fair value of assets acquired and liabilities assumed

The final fair values of the assets acquired and liabilities assumed from our acquisitions in 2018 are as follows:

			Electrostatic
	Trek		Product Line		LumaSense		Total
Accounts and other receivable, net	$	2,818	$	77	$	7,167	$	10,062
Inventories		3,941		292		9,372		13,605
Property and equipment		594		50		1,353		1,997
Goodwill		—		1,220		36,258		37,478
Intangible assets		788		1,400		43,240		45,428
Deferred income tax assets		606		—		6,331		6,937
Other assets		854		—		6,004		6,858
Total assets acquired		9,601		3,039		109,725		122,365
Accounts payable		747		39		5,734		6,520
Deferred income tax liabilities		—		—		11,699		11,699
Other liabilities		2,782		—		7,608		10,390
Total liabilities assumed		3,529		39		25,041		28,609
Total fair value of net assets acquired	$	6,072	$	3,000	$	84,684	$	93,756

Schedule of unaudited pro forma information

	Year Ended December 31,
	2019				2018
	As Reported		Pro Forma		As Reported		Pro Forma
Total sales	$	788,948	$	1,202,790	$	718,892	$	1,350,037
Net income attributable to Advanced Energy Industries, Inc.	$	64,941	$	83,104	$	147,025	$	158,422
Earnings per share:
Basic earnings per share	$	1.70	$	2.17	$	3.76	$	4.05
Diluted earnings per share	$	1.69	$	2.16	$	3.74	$	4.03

Artesyn's Embedded Power Business [Member]

Business Acquisition [Line Items]

Schedule of components of the fair value of total consideration transferred

The components of the fair value of the total consideration transferred for the acquisition is as follows:

Cash paid for acquisition	$	389,326
Non-cash consideration		2,000
Contingent consideration and working capital adjustments		(6,848)
Total fair value of consideration transferred		384,478
Less cash acquired		(23,225)
Total purchase price	$	361,253

Schedule of fair value of assets acquired and liabilities assumed

	Preliminary: September 10, 2019		Measurement Period Adjustments		Preliminary: December 31, 2019
Accounts and other receivable, net	$	128,221	$	-	$	128,221
Inventories		140,678		(900)		139,778
Property and equipment		65,016		(1,984)		63,032
Operating lease right-of-use assets		60,217		(144)		60,073
Goodwill		143,262		(30,222)		113,040
Intangible assets		125,000		(1,000)		124,000
Deferred income tax assets		14,767		(14,767)		—
Other assets		61,511		2,507		64,018
Total assets acquired		738,672		(46,510)		692,162
Accounts payable		144,652		50		144,702
Operating lease liability		59,634		477		60,111
Pension liability		48,494		192		48,686
Deferred income tax liabilities		37,218		(31,372)		5,846
Other liabilities		80,876		(9,312)		71,564
Total liabilities assumed		370,874		(39,965)		330,909
Total fair value of net assets acquired	$	367,798	$	(6,545)	$	361,253

Summary of intangible assets

			Amortization
	Artesyn		Method	Useful Life
Technology	$	28,000	Straight-line	5
Customer relationships		75,000	Straight-line	15
Tradename		21,000	Straight-line	10
Total	$	124,000

LumaSense Technology Holdings Inc. [Member]

Business Acquisition [Line Items]

Schedule of components of the fair value of total consideration transferred

			Electrostatic
	Trek		Product Line		LumaSense		Total
Cash paid for acquisition	$	11,723	$	3,000	$	94,946	$	109,669
Less cash acquired		(5,651)		—		(10,262)		(15,913)
Total purchase price	$	6,072	$	3,000	$	84,684	$	93,756

Schedule of fair value of assets acquired and liabilities assumed

	Preliminary: December 31, 2018		Measurement Period Adjustments		Adjusted: December 31, 2019
Accounts and other receivable, net	$	7,167	$	-	$	7,167
Inventories		9,372		-		9,372
Property and equipment		1,353		-		1,353
Goodwill		48,032		(11,774)		36,258
Intangible assets		26,000		17,240		43,240
Deferred income tax assets		8,116		(1,785)		6,331
Other assets		5,126		878		6,004
Total assets acquired		105,166		4,559		109,725
Accounts payable		5,734		-		5,734
Deferred income tax liabilities		7,984		3,715		11,699
Other liabilities		6,764		844		7,608
Total liabilities assumed		20,482		4,559		25,041
Total fair value of net assets acquired	$	84,684	$	-	$	84,684

Summary of intangible assets

A summary of the intangible assets acquired in 2018, amortization method and estimated useful lives are as follows:

							Method and Useful life
			Electrostatic				Amortization
	Trek		Product Line		LumaSense		Method	Useful Life
Technology	$	671	$	1,200	$	35,530	Straight-line	10 - 15
Customer relationships		117		200		4,360	Straight-line	10
Tradename		—		—		3,350	Straight-line	10
Total	$	788	$	1,400	$	43,240