Company: HCKT
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000950170-25-065870
Chunk: 14

Company: HACKETT GROUP, INC.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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,020

           Current assets

           2,081

           Intangible assets

           2,500

           Current liabilities

           (2,587
           )

           Other Liability

           (432
           )

           Deferred tax liability

           (652
           )

           Net assets acquired
            
           $
           1,930

           Consideration
            
           $
           7,806

           Goodwill
            
           $
           5,876

                  As a result, the provisional excess of the purchase price over the assets acquired resulted in goodwill of $5.9 million. Additionally, the Company recognized provisional intangible assets of $2.5 million, with a remaining weighted average useful life of 4.4 years. The fair values of identifiable intangible assets acquired were prepared by a third-party valuation specialist and incorporate significant unobservable inputs, judgment, and estimates, including the amount and timing of future cash flows. The intangible assets will be amortized in accordance with the Company’s accounting policies. The following table summarizes the acquired value of the intangible assets: