| Schedule Of Purchase Price Allocation |
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TRED |
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MAXTRAX |
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Rhino-Rack |
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October 9, 2023 |
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December 1, 2021 |
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July 1, 2021 |
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Number of Shares |
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Estimated Fair Value |
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Number of Shares |
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Estimated Fair Value |
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Number of Shares |
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Estimated Fair Value |
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Cash paid |
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- |
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$ |
5,659 |
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- |
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$ |
26,780 |
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- |
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$ |
143,590 |
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Issuance of shares of Clarus Corporation |
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179 |
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|
1,069 |
|
107 |
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2,594 |
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2,315 |
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55,333 |
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Future issuance of shares of Clarus Corporation |
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- |
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- |
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- |
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4,457 |
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- |
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- |
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Contingent consideration |
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- |
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121 |
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- |
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1,644 |
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- |
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3,565 |
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Total purchase consideration |
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179 |
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$ |
6,849 |
|
107 |
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$ |
35,475 |
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2,315 |
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$ |
202,488 |
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Assets acquired and liabilities assumed |
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Assets |
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Cash |
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$ |
11 |
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$ |
1,869 |
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$ |
7,513 |
Accounts receivable |
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|
1,000 |
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2,791 |
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10,769 |
Inventories |
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1,006 |
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1,819 |
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27,046 |
Prepaid and other current assets |
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11 |
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|
883 |
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|
644 |
Property and equipment |
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|
195 |
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|
139 |
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4,619 |
Other intangible assets |
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3,305 |
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10,341 |
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55,400 |
Indefinite-lived intangible assets |
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- |
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10,555 |
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72,800 |
Goodwill |
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2,832 |
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15,199 |
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78,347 |
Other long-term assets |
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- |
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|
979 |
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11,468 |
Total assets |
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8,360 |
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44,575 |
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268,606 |
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Liabilities |
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Accounts payable and accrued liabilities |
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|
638 |
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2,176 |
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|
16,511 |
Income tax payable |
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- |
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251 |
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3,413 |
Current portion of long-term debt |
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- |
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- |
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|
607 |
Long-term debt |
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- |
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- |
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2,107 |
Deferred income taxes |
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|
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|
873 |
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5,863 |
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32,451 |
Other long-term liabilities |
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- |
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|
810 |
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11,029 |
Total liabilities |
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1,511 |
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9,100 |
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66,118 |
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Net Book Value Acquired |
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$ |
6,849 |
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$ |
35,475 |
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$ |
202,488 |
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| Schedule Of Intangible Assets Other Than Goodwill Acquired |
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TRED |
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MAXTRAX |
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Rhino-Rack |
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Average |
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Average |
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Average |
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Gross |
Useful Life |
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Gross |
Useful Life |
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Gross |
Useful Life |
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Intangibles subject to amortization |
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Customer relationships |
$ |
1,249 |
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8.0 years |
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$ |
8,986 |
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13.5 years |
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$ |
40,400 |
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13.5 years |
Product technologies |
|
394 |
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6.0 years |
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1,355 |
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7.0 years |
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15,000 |
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10.0 years |
Tradenames |
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1,662 |
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12.0 years |
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- |
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N/A |
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- |
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N/A |
Intangibles not subject to amortization |
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Trademarks |
|
- |
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N/A |
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10,555 |
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N/A |
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|
72,800 |
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N/A |
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$ |
3,305 |
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9.8 years |
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$ |
20,896 |
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12.6 years |
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$ |
128,200 |
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12.6 years |
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