Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions (Tables)

v3.3.1.900
Business Acquisitions (Tables)
9 Months Ended
Feb. 29, 2016
Business Combinations [Abstract]  
Schedule of Preliminary Allocation of Purchase Price
The following table presents the preliminary allocation of purchase price related to the Easton Hockey business as of the Closing Date of the Easton Hockey Acquisition:
Net assets acquired:
 
Trade receivables
$
5,685

Inventories
6,000

Property, plant and equipment
350

Intangible assets
1,175

Other assets
327

Total assets acquired
13,537

Current liabilities
(1,607
)
Total liabilities assumed
(1,607
)
Net assets acquired
$
11,930

Consideration paid or payable to seller
$
10,943

Gain on bargain purchase
$
987

Schedule of Estimated Fair Values and Useful Lives of Intangible Assets Acquired
The estimated fair values and useful lives of intangible assets acquired as of the acquisition date were as follows:
 
Amount
 
Weighted-Average Remaining Useful Life
Trade names and trademarks
$
370

 
7
Customer relationships
155

 
8
Purchased technology
650

 
7
Total intangible assets acquired
$
1,175