Annual report pursuant to Section 13 and 15(d)

Acquisitions Schedule of assets acquired, liabilities assumed and cash consideration paid (Tables)

v3.8.0.1
Acquisitions Schedule of assets acquired, liabilities assumed and cash consideration paid (Tables)
12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Schedule of Assets Acquired, Liabilities Assumed and Cash Consideration Paid [Table Text Block]
The following table is a summary of the assets acquired, liabilities assumed and net cash consideration paid for the Cybex acquisition during 2016:
(in millions)
Fair Value
 
Useful Life
Accounts and notes receivable
$
22.0

 
 
Inventory
13.9

 
 
Goodwill
88.4

 
 
Trade names
38.6

 
Indefinite
Customer relationships
43.7

 
16 years
Patents and proprietary technology
3.1

 
5 years
Property and equipment
35.2

 
 
Other assets
3.7

 
 
Total assets acquired
248.6

 
 
Total liabilities assumed
51.7

 
 
Net cash consideration paid
$
196.9

 
 
Summary of the Net Cash Consideration Paid and the Goodwill and Intangible Assets Acquired by Year [Table Text Block]
The following table is a summary of the net cash consideration paid and the goodwill and intangible assets acquired during the years ended December 31, 2017 and 2016:
(in millions)
 
 
 
 
 
Fair Value of Identifiable Intangible Assets Acquired
 
 
Year
 
Net Cash Consideration Paid
 
Goodwill
 
Total
 
Intangible Asset
 
Useful Life
2017
 
$
15.5

 
$
5.5

 
$
4.6

 
Trade names
 
$
1.4

 
Indefinite
 
 
 
 
 
 
 
 
Customer relationships
 
3.2

 
15 years
2016
 
276.1

 
119.2

 
118.7

 
Trade names
 
50.9

 
Indefinite
 
 
 
 
 
 
 
 
Customer relationships
 
61.5

 
11 - 16 years
 
 
 
 
 
 
 
 
Patents and proprietary technology
 
6.3

 
5 years