Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.8.0.1
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2017
Dejana  
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 liabilities

 

 

(3,881)

Floor plan obligations

 

 

(13,479)

Earn out liability

 

 

(10,200)

Total

 

$

181,344

 

Unaudited proforma information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2016

 

 

 

2015

 

Net sales

$

490,243

 

 

$

517,716

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

45,983

 

 

$

45,760

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share assuming dilution attributable to common shareholders

$

2.00

 

 

$

2.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

$

852

Inventories

 

 

1,547

Prepaids and other current assets

 

 

6

Property and equipment

 

 

624

Goodwill

 

 

2,720

Intangible assets

 

 

2,700

Accounts payable and other liabilities

 

 

(957)

Unfavorable lease

 

 

(107)

Total

 

$

7,385