| Schedule of purchase price allocated |
|
|
Purchase price allocation |
|
|
|
As of July 2, 2020 |
|
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
26,760 |
|
Restricted cash |
|
|
1,231 |
|
Trading securities |
|
|
2,828 |
|
Fixed assets |
|
|
8 |
|
Intangible assets |
|
|
3,733 |
|
Right-of-use asset |
|
|
454 |
|
Brokerage and other receivables |
|
|
376 |
|
Other assets |
|
|
94 |
|
Total assets |
|
$ |
35,484 |
|
|
|
|
|
|
Liabilities: |
|
|
|
|
Customer liabilities |
|
$ |
25,799 |
|
Securities repurchase agreement obligation |
|
|
1,600 |
|
Lease liabilities |
|
|
497 |
|
Trade and other payables |
|
|
104 |
|
Deferred income tax liabilities |
|
|
765 |
|
Other liabilities |
|
|
419 |
|
Total liabilities |
|
$ |
29,184 |
|
|
|
|
|
|
Net assets acquired |
|
$ |
6,300 |
|
|
|
|
|
|
Goodwill |
|
|
810 |
|
|
|
|
|
|
Total purchase price |
|
$ |
7,110 |
|
|
|
Purchase price allocation |
|
|
|
As of December 29, 2020 |
|
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
206 |
|
Brokerage and other receivables |
|
|
849 |
|
Intangible assets |
|
|
532 |
|
Other assets |
|
|
9 |
|
Total assets |
|
$ |
1,596 |
|
|
|
|
|
|
Liabilities: |
|
|
|
|
Deferred income tax liabilities |
|
$ |
112 |
|
Other liabilities |
|
|
610 |
|
Total liability |
|
$ |
722 |
|
|
|
|
|
|
Net Assets Acquired |
|
$ |
874 |
|
|
|
|
|
|
Goodwill |
|
|
1,626 |
|
|
|
|
|
|
Total purchase price |
|
$ |
2,500 |
|
|
|
Purchase price allocation |
|
|
|
As of
December 25, 2020
|
|
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
129,185 |
|
Trading securities |
|
|
50,684 |
|
Brokerage and other receivables |
|
|
2,601 |
|
Fixed assets |
|
|
10,987 |
|
Intangible assets |
|
|
2,769 |
|
Right-of-use asset |
|
|
338 |
|
Loans issued |
|
|
1,023 |
|
Other assets |
|
|
2,360 |
|
Total assets |
|
$ |
199,947 |
|
|
|
|
|
|
Liabilities: |
|
|
|
|
Customer liabilities |
|
$ |
117,195 |
|
Current income tax liability |
|
|
1,234 |
|
Trade payables |
|
|
104 |
|
Securities repurchase agreement obligation |
|
|
28,500 |
|
Lease liability |
|
|
338 |
|
Other liabilities |
|
|
831 |
|
Deferred income tax liabilities |
|
|
1,399 |
|
Total liability |
|
$ |
149,601 |
|
|
|
|
|
|
Net Assets Acquired |
|
$ |
50,346 |
|
|
|
|
|
|
Goodwill |
|
|
2,751 |
|
|
|
|
|
|
Consideration paid for common shares |
|
|
40,984 |
|
Consideration paid for preferred shares |
|
|
2,478 |
|
Consideration paid for subordinated loans |
|
|
9,635 |
|
Total purchase price |
|
$ |
53,097 |
|
|