In February 2015, Arctic Cat, Inc., acquired the assets and liabilities of MotorFist, LLC, a privately owned company based in Idaho Falls, Idaho, in exchange for $9.118 million in cash and contingent consideration. Referring to Arctic Cats 2015 annual 10-K report, answer the following questions regarding the MotorFist acquisition.

1. What is the maximum potential contingent payout (i.e., earnout) to the former owners of MotorFist? Although not explicitly stated in Arctic Cats fiscal 2015 10-K report (for the year ended March 31, 2015), what may be some possible factors that entered into the determination of the acquisition-date fair value of the contingent consideration?