Acquisitions (Tables)
6 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Purchase Price Allocation

At June 30, 2016, the allocation of the purchase price was as follows (amounts in thousands):

 

Purchase price, net of cash acquired

$

39,983

 

 

 

 

 

Accounts receivable

 

9,230

 

Inventories

 

12,067

 

Other current assets

 

339

 

Property, plant and equipment, net

 

1,251

 

Other assets

 

752

 

Intangible assets

 

16,930

 

Total assets acquired

 

40,569

 

 

 

 

 

Accounts payable

 

4,992

 

Accrued liabilities

 

1,943

 

Deferred income taxes

 

3,287

 

Other long-term liabilities

 

76

 

Total liabilities assumed

 

10,298

 

     Goodwill

$

9,712

 

 

 

 

 

 

Summary of Purchased Identifiable Intangible Assets

The purchased identifiable intangible assets were as follows (amounts in thousands):

 

Total

 

 

Estimated Life

Customer relationships

$

15,570

 

 

13 years

Trademark

 

1,360

 

 

2-15 years

     Total

$

16,930