Note 2 Acquisitions Southern Vision Systems, Inc. On June 10, 2015 (the  SVSI Acquisition Date ), Harman Professional, Inc., our wholly-owned subsidiary, acquired all of the issued and outstanding shares of Southern Vision Systems, Inc., a developer, manufacturer and marketer of audio/video over internet protocol products and services, for a total purchase price of $20.0 million, subject to certain adjustments (the  SVSI Adjustments ). The final SVSI Adjustments are to be delivered within 90 days of the SVSI Acquisition Date and finalized thereafter. On the SVSI Acquisition Date we paid $19.5 million which excludes $2.4 million for certain indemnification holdbacks. Payments to be made with regard to the holdbacks will be released within 18 months of the SVSI Acquisition Date if not used. The SVSI Acquisition is also subject to an earn-out of up to $10.0 million to be paid in fiscal years 2017, 2018 and 2019, based upon the achievement of certain contribution margin targets related to the sale of certain products through fiscal year 2018. Our preliminary estimate of the fair value of this contingent consideration liability is zero. The total cost of the SVSI Acquisition was allocated on a preliminary basis, subject to final allocation, to the assets acquired and liabilities assumed based on their fair values at the SVSI Acquisition Date, as follows: June 10, 2015 Cash and cash equivalents $ 2,134 Accounts receivable 1,510 Inventories 911 Other current assets 50 Current assets 4,605 Property, plant and equipment 177 Goodwill 13,165 Intangibles 8,360 Total assets 26,307 Accounts payable 513 Accrued liabilities 494 Total current liabilities 1,007 Other non-current liabilities 3,351 Total liabilities 4,358 Net assets $ 21,949 Based on our preliminary valuation, goodwill and intangibles were recorded in connection with the SVSI Acquisition based on third-party valuations and management s estimates for those acquired intangible assets. The valuation of the acquired net assets is subject to change as we obtain additiona