Schedule of Recording of Fair Values of Assets Acquired and Liabilities Assumed |
The following table summarizes the purchase price and recording of fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments.
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Amounts Previously Recognized as of Acquisition Date (1) |
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Measurement Period Adjustments |
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Amounts Recognized as of Acquisition Date (as Adjusted) |
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(in thousands) |
Current assets, net of cash and cash equivalents acquired |
$ |
118,421 |
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|
$ |
31,826 |
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|
$ |
150,247 |
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Fixed assets |
2,340 |
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|
— |
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|
2,340 |
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Goodwill |
— |
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|
142,582 |
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|
142,582 |
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Other intangible assets, net |
— |
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|
392,929 |
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|
392,929 |
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Other assets |
487,420 |
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|
(487,259) |
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|
161 |
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Operating lease right-of-use assets |
14,577 |
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|
— |
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|
14,577 |
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Current liabilities |
(26,507) |
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|
— |
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|
(26,507) |
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Long-term lease liabilities |
(10,912) |
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|
— |
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|
(10,912) |
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Deferred income taxes and other long-term obligations |
(14,829) |
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|
(80,078) |
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|
(94,907) |
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Net assets acquired, less cash and cash equivalents |
$ |
570,510 |
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|
$ |
— |
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$ |
570,510 |
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(1) As previously reported in the Company's Form 10-K for the fiscal year ended September 25, 2021.The financial results of D&D have been included in the results of operations within the Garden segment since the date of acquisition.
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Amounts Previously Recognized as of Acquisition Date (1) |
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Measurement Period Adjustments |
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Amounts Recognized as of Acquisition Date (as Adjusted) |
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(in thousands) |
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Current assets, net of cash and cash equivalents acquired |
$ |
17,183 |
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|
$ |
465 |
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|
$ |
17,648 |
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Fixed assets |
6,907 |
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|
1,823 |
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|
8,730 |
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Goodwill |
— |
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|
34,463 |
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|
34,463 |
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Other assets |
101,218 |
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|
(101,051) |
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|
167 |
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Other intangible assets, net |
— |
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|
64,300 |
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|
64,300 |
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Current liabilities |
(7,183) |
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— |
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(7,183) |
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Long-term debt |
(30,000) |
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— |
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(30,000) |
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Net assets acquired, less cash and cash equivalents |
$ |
88,125 |
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|
$ |
— |
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$ |
88,125 |
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(1) As previously reported in the Company's Form 10-K for the fiscal year ended September 25, 2021. The following table summarizes the purchase price and recording of fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments.
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Amounts Previously Recognized as of Acquisition Date (1) |
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Measurement Period Adjustments |
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Amounts Recognized as of Acquisition Date (as Adjusted) |
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(in thousands) |
Current assets, net of cash and cash equivalents acquired |
$ |
3,922 |
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|
$ |
— |
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$ |
3,922 |
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Fixed assets |
3,047 |
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— |
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|
3,047 |
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Goodwill |
— |
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|
68,512 |
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|
68,512 |
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Other assets |
80,412 |
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(80,412) |
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— |
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Other intangible assets, net |
— |
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|
11,900 |
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|
11,900 |
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Current liabilities |
(6,446) |
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— |
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|
(6,446) |
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Net assets acquired, less cash and cash equivalents |
$ |
80,935 |
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|
$ |
— |
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$ |
80,935 |
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(1) As previously reported in the Company's Form 10-Q for the period ended June 26, 2021.The following table summarizes the purchase price and recording of fair values of the assets acquired and liabilities assumed as of the acquisition date and subsequent adjustments.
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Amounts Previously Recognized as of Acquisition Date (1) |
|
Measurement Period Adjustments |
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Amounts Recognized as of Acquisition Date (as Adjusted) |
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(in thousands) |
Current assets, net of cash and cash equivalents acquired |
$ |
39,046 |
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$ |
3,742 |
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$ |
42,788 |
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Fixed assets |
31,940 |
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(326) |
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|
31,614 |
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Goodwill |
— |
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|
10,924 |
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|
10,924 |
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Other assets |
18,470 |
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(18,470) |
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— |
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Other intangible assets, net |
— |
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|
4,130 |
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|
4,130 |
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Current liabilities |
(6,767) |
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— |
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(6,767) |
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Other long-term liabilities |
(1,301) |
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— |
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(1,301) |
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Net assets acquired, less cash and cash equivalents |
$ |
81,388 |
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$ |
— |
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$ |
81,388 |
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(1) As previously reported in the Company's Form 10-Q for the period ended June 26, 2021.
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