Annual report pursuant to Section 13 and 15(d)

Purchase of L-3's Applied Optics Products Center (Tables)

v3.7.0.1
Purchase of L-3's Applied Optics Products Center (Tables)
12 Months Ended
Oct. 02, 2016
Business Combinations [Abstract]  
Schedule of fair value of the acquired assets and assumed liabilities

The asset acquisition met the definition of a business for business combinations under ASC 805-10-20. The following table reconciles the fair value of the acquired assets and assumed liabilities to the total purchase price of the Applied Optics Center Acquisition (in thousands): 

 

    Fair Values as of
November 3, 2014
 
         
Fixed Assets   $ 2,064.7  
Inventory     940.1  
Prepaid Assets/Other     47.1  
Liabilities     (270.7 )
         
Net Assets Acquired     2,781.2  
         
Intangible Asset:        
Customer Contracts/Backlog     342.2  
Total Assets Acquired     3,123.4  
         
Less: Cash Consideration     (1,013.1 )
         
Gain on Bargain Purchase   $ 2,110.3