Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.7.0.1
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2017
Summary of the preliminary allocation of the purchase price paid to the fair value of the net assets acquired as of the acquisition date

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

$
13,509

Inventories

 

 
20,017

Truck chassis floor plan inventory

 

 
13,479

Prepaids and other current assets

 

 
705

Property and equipment

 

 
5,821

Goodwill

 

 
77,354

Intangible assets

 

 
77,800

Other assets - long term

 

 
219

Accounts payable and other current liabilities

 

 

(3,881)

Floor plan obligations

 

 

(13,479)

Earnout

 

 

(10,200)

Total

 

$

181,344

 

Unaudited proforma information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

June 30,

 

 

June 30,

 

 

 

 

2016

 

 

2016

 

 

Net sales

$
150,611

 

$
231,407

 

 

Net income

$
18,380

 

$
24,904

 

 

Earnings per common share assuming dilution attributable to common shareholders

$
0.80

 

$
1.09

 

 

 

 

 

 

 

 

 

 

 

Arrowhead Equipment, Inc. [Member]  
Summary of the preliminary allocation of the purchase price paid to the fair value of the net assets acquired as of the acquisition date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accounts receivable - trade

 

$
850

 

Inventories

 

 
1,616

 

Prepaids and other current assets

 

 
524

 

Property and equipment

 

 
816

 

Goodwill

 

 
2,341

 

Intangible assets

 

 
2,700

 

Accounts payable and other current liabilities

 

 

(1,140)

 

Unfavorable lease

 

 

(107)

 

Total

 

$

7,600