Crown Crafts, Inc. Annual report pursuant to Section 13 and 15(d)

Note 4 - Acquisition (Tables)

12 Months Ended

Apr. 02, 2023

Tangible assets:
Cash and cash equivalents	$	1,270
Accounts receivable		3,112
Inventories		12,965
Prepaid expenses		350
Other assets		91
Operating lease right of use assets		1,009
Property, plant and equipment		194
Total tangible assets		18,991
Amortizable intangible assets:
Tradename		300
Licensing relationships		200
Customer relationships		800
Total amortizable intangible assets		1,300
Goodwill		787
Total acquired assets		21,078

Liabilities assumed:
Accounts payable		1,984
Accrued wages and benefits		370
Operating lease liabilities, current		226
Other accrued liabilities		308
Operating lease liabilities, noncurrent		783
Total liabilities assumed		3,671
Net acquisition cost	$	17,407