Engagement summary
Client Background
LEHR is a private outdoor power equipment manufacturer and distributor specializing in propane-powered lawn and garden products.
Engagement Scope
R&M serves as LEHR's outsourced technical-accounting partner, addressing ASC 805 purchase accounting, ASC 842 lease accounting, ASC 718 stock-based compensation, and financing-transaction analyses tied to capital-structure events.
Services Provided
- ASC 805 purchase accounting
- ASC 842 lease accounting
- ASC 718 stock-based compensation analysis
- Financing transaction analysis under ASC 470 / 480
- Audit readiness and financial reporting
Valuation context
LEHR engaged Rivers & Moorehead for independent valuation support under the standard(s) listed above. The engagement provides valuation analyses, supporting models, and written deliverables intended to assist the company and its external auditors with financial reporting under U.S. GAAP.
Valuation scope
- ASC 718 equity-based compensation valuation – grant-date fair value of stock options, restricted stock, profit interest units, or performance-based awards using Black-Scholes, lattice, or Monte Carlo models as award terms require; supporting documentation for audit.
- ASC 805 purchase price allocation – identification and fair value measurement of acquired identifiable intangible assets (e.g., customer relationships, trade names, developed technology, non-compete agreements), tangible assets, and assumed liabilities, with residual goodwill calculation and opening balance sheet support.