On our LLC subsidiary purchased substantially all of the assets of Silk Screen Ink, Ltd. d/b/a SSI Digital Print Services ("SSI"), a premium provider of direct-to-garment digital printed products. The SSI business operated from locations in Iowa and Colorado serving the western and mid-western parts of the United States. During the fiscal quarter, we ceased production at the operation in Colorado, as the location was strategic because it served the same geographic locations as the Iowa and existing Nevada locations.

 

We have included the financial results of the acquired entity since the date of the acquisition in our Delta Group segment. It is practicable to disclose the revenue and income of SSI since the acquisition date, as we have integrated the SSI and businesses together since acquisition.

 

The SSI acquisition purchase price consisted of the following (in thousands):

 

Cash		$	2,000
Promissory note			7,000
Capital lease financing			3,000
Net working capital adjustment			729
Total consideration		$	12,729

 

During the fiscal quarter, we completed the accounting for the acquisition. The final allocation of consideration to the assets and liabilities are noted in the table below, which includes measurement period adjustments recorded in our quarter of fiscal year for additional information obtained on conditions that existed at the acquisition date.  The total amount of goodwill is expected to be deductible for tax purposes.

 

		Allocation as of October 8, 2018				Measurement Period Adjustments				Allocation as of September 28, 2019
Accounts receivable		$	1,184			$	—			$	1,184
Inventory			1,127				—				1,127
Other current assets			86				—				86
Fixed assets			3,400				—				3,400
Goodwill			3,380				1,300				4,680
Intangible assets			4,020				(1,100	)			2,920
Accounts payable			(668	)			—				(668	)
Consideration paid		$	12,529			$	200			$	12,729

 

We accounted for the SSI acquisition pursuant to ASC , with the purchase price allocated based upon fair value. The fair value of the fixed assets acquired were estimated using the market approach, based on analysis of sales and offerings for assets that are considered similar to the acquired assets.  The fair value of the acquired customer relationships intangible assets was estimated using discounted cash flows using the multi-period excess earnings method. The methods used to determine the fair value assigned to the fixed and intangible assets fall into Level inputs as defined by ASC