Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Sep. 30, 2020

Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Goodwill and Bargain Purchase Gain

The table below outlines the purchase price allocation of the purchase for Precision Marshall to the acquired identifiable assets, liabilities assumed and bargain purchase gain:

Total purchase price	$	5,500
Less fair value of the holdback option		(2,500	)
Net purchase		3,000
Accounts payable		3,116
Accrued liabilities		583
Lease liabilities		8,109
Debt		23,022
Total liabilities assumed		34,830
Total consideration		37,830
Cash		1,159
Accounts receivable, net		2,814
Inventory		24,005
Property, plant and equipment, net		6,048
Right of use assets		4,873
Other assets		438
Total assets acquired		39,337
Total bargain purchase gain	$	(1,507	)

Summary of Assets Acquired and Liabilities Assumed Within Fair Value Hierarchy

The assets acquired and liabilities assumed were classified within the fair value hierarchy table below in accordance with our fair value measurements policy (see Note 2).

	Level 1		Level 2 and 3		Total
Cash	$	1,159	$	—	$	1,159
Accounts receivable, net		2,814		—		2,814
Inventory		—		24,005		24,005
Property, plant and equipment, net		—		6,048		6,048
Right of use assets		—		4,873		4,873
Other assets		438		—		438
Accounts payable		3,116		—		3,116
Accrued liabilities		583		—		583
Lease liabilities		—		8,109		8,109
Debt		—		23,022		23,022

Lonesome Oak

Business Acquisition [Line Items]

Summary of Purchase Price Allocation of Purchase of Acquired Identifiable Assets, Liabilities Assumed and Goodwill and Bargain Purchase Gain

The table below outlines the purchase price allocation of the purchase for Lonesome Oak to the acquired identifiable assets, liabilities assumed and goodwill:

Total purchase price	$	2,000
Less fair value of the holdback option		(1,450	)
Net purchase		550
Accounts payable		7,188
Accrued liabilities		1,514
Debt		13,879
Total liabilities assumed		22,581
Total consideration		23,131
Cash		40
Accounts receivable, net		4,838
Inventory		13,826
Property, plant and equipment, net		3,485
Other assets		135
Total assets acquired		22,324
Total goodwill	$	807

Summary of Assets Acquired and Liabilities Assumed Within Fair Value Hierarchy

The assets acquired and liabilities assumed were classified within the fair value hierarchy table below in accordance with our fair value measurements policy (see Note 2).

	Level 1		Level 2 and 3		Total
Cash	$	40	$	—	$	40
Accounts receivable, net		4,838		—		4,838
Inventory		—		13,826		13,826
Property, plant and equipment, net		—		3,485		3,485
Other assets		135		—		135
Accounts payable		7,188		—		7,188
Accrued liabilities		1,514		—		1,514
Debt		—		13,879		13,879