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Business Combination (Tables)
12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Purchase Price Allocation
Management's purchase price allocation was the following:
(in thousands)
Estimated Lives
 
Fair Value
Cash and cash equivalents
 
 
$
685

Accounts receivable
 
 
374

Inventories
 
 
1,412

Prepaid expenses and other current assets
 
 
253

Property, plant and equipment
1-4 years
 
16

Non-interest bearing liabilities
 
 
(1,557
)
Net tangible assets acquired
 
 
1,183

Trade name
7 years
 
400

Developed technology
4-14 years
 
9,080

Customer relationships
5 years
 
1,300

Goodwill
 
 
12,564

Total purchase price
 
 
24,527

Noncontrolling interest in Encore
 
 
(378
)
Net purchase price
 
 
24,149

Less: Contingent consideration
 
 
(11,200
)
Cash paid
 
 
$
12,949

Business Combination, Pro Forma Results
 
 
Year Ended December 31,
(In thousands, except per-share amounts)
 
2015
 
2014
Net sales
 
$
606,872

 
$
569,804

Net income
 
28,947

 
31,861

Net income attributable to Universal Electronics Inc.
 
28,886

 
31,456

Basic earnings per share attributable to Universal Electronics Inc.
 
1.89

 
1.99

Diluted earnings per share attributable to Universal Electronics Inc.
 
1.86

 
1.95