(in thousands)

Proceeds from sale of Global Pump Solutions business

$

108,610

Less: Assets transferred

Accounts receivable, net

(4,230

)

Inventories

(9,268

)

Property and equipment

(5,247

)

Goodwill

(26,838

)

Intangible assets – finite life, net

(4,029

)

Pension plan assets

(425

)

Other assets

(120

)

Less: Transaction costs

(616

)

Plus: Liabilities transferred

Accounts payable

1,024

Accrued expenses

1,731

Other liabilities assumed

3,910

Gain on sale of Global Pump Solutions business

$

64,502