Company: CODI-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001345126-25-000015
Chunk: 224

Company: Compass Diversified Holdings
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 224
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 operations of PrimaLoft have been included in the consolidated results of operations since the date of acquisition. PrimaLoft's results of operations are reported as a separate operating segment as a branded consumer business. The table below provides the recording of the fair value of assets acquired and liabilities assumed as of the date of acquisition. 

F-21

COMPASS DIVERSIFIED HOLDINGSNOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

(in thousands)Preliminary Purchase Price AllocationMeasurement Period AdjustmentsFinal Purchase Price AllocationPurchase Consideration$539,576 $1,536 $541,112 Fair value of identifiable assets acquired:Cash$6,951 $— $6,951 Accounts receivable (1) 2,992 — 2,992 Inventory 1,991 — 1,991 Property, plant and equipment 1,058 — 1,058 Intangible assets248,200 58,700 306,900 Other current and noncurrent assets3,581 (1,187)2,394 Total identifiable assets264,773 57,513 322,286 Fair value of liabilities assumed:Current liabilities8,865 (1,080)7,785 Other liabilities 360 — 360 Deferred tax liabilities51,268 12,108 63,376 Total liabilities 60,493 11,028 71,521 Net identifiable assets acquired204,280 46,485 250,765 Goodwill$335,296 $(44,949)$290,347 Acquisition considerationPurchase price$530,000 $— $530,000 Cash acquired 7,319 (368)6,951 Net working capital adjustment2,257 1,904 4,161 Total purchase consideration$539,576 $1,536 $541,112  (1) The fair value of accounts receivable approximates book value acquired.The allocation of the purchase price presented above is based on management's estimate of the fair values using valuation techniques including the income, cost and market approach. In estimating the fair value of the acquired assets and assumed liabilities, the fair value estimates are based on, but not limited to, expected future revenue and cash flows, expected future growth rates and estimated discount rates. Current and noncurrent assets and current and other liabilities are valued at historical carrying values, which approximate fair value. Inventory is recognized at fair value