Annual report pursuant to Section 13 and 15(d)

Acquisition (Tables)

v3.24.0.1
Acquisition (Tables)
12 Months Ended
Dec. 31, 2023
Acquisition  
Summary of purchase price allocations

​

​

​

​

​

(in thousands)

​

​

​

Cash

​

$

3,190

Accounts receivable

​

​

32,503

Inventory

​

​

2,460

Other current assets

​

​

99

Equipment and leasehold improvements

​

​

800

Vendor relationships (10-year weighted average useful life)

​

​

8,269

Goodwill

​

​

7,143

Accounts payable and other current liabilities

​

​

(34,793)

Deferred tax liability

​

​

(1,576)

Net assets

​

$

18,095

Summary of supplementary information related to acquisition

​

​

​

​

​

(in thousands)

​

​

​

Supplementary information:

​

​

​

Cash paid to sellers

​

$

15,868

Contingent earn-out

​

​

2,227

Total purchase consideration

​

$

18,095

​

​

​

​

Cash paid to sellers

​

​

15,868

Cash acquired in acquisition

​

​

(3,190)

Net cash paid for acquisition

​

$

12,678