| Summary of allocation of the purchase price |
|
(In thousands)
|
|
Total
|
|
|
|
|
(Successor)
|
|
|
Cash
|
|
$
|
3,649
|
|
|
Receivables, net(1)
|
|
|
58
|
|
|
Other current assets
|
|
|
1,556
|
|
|
Property, net
|
|
|
79,428
|
|
|
Goodwill(2)
|
|
|
87,720
|
|
|
Deferred tax asset
|
|
|
3,752
|
|
|
Accrued expenses and other liabilities
|
|
|
(7,243
|
)
|
|
Capital and financing lease obligations
|
|
|
(62,598
|
)
|
|
Other long-term liabilities(3)
|
|
|
(13,990
|
)
|
|
Total purchase price
|
|
$
|
92,332
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1)
|
Receivables consist of trade receivables recorded at estimated fair value. The Company did not acquire any other class of receivables as a result of the acquisition of the Rave theatres.
|
|
(2)
|
Amounts recorded for goodwill are expected to be deductible for tax purposes.
|
|
(3)
|
Amounts recorded for other long-term liabilities consist of unfavorable leases and long-term deferred tax liabilities.
|
|