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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Business Acquisition [Line Items]  
Reconciliation of acquisition and integration liability
Reconciliations of the beginning and ending total acquisition and integration liability balances are presented below:
 
 
 
 
 
 
 
Year Ended December 31,
 
2015
 
2014
 
(amounts in thousands)
 
On-going Benefit Costs
Exit Costs
 
On-going Benefit Costs
Exit Costs
Balance at beginning of period
$
762

$
868

 
$

$

Charged to acquisition and integration costs
17

88

 
1,453

1,132

Reclassifications (a)

(255
)
 


Payments
(732
)
(655
)
 
(691
)
(264
)
Balance at end of period
$
47

$
46

 
$
762

$
868


(a)
Exit liability has been reduced as a result of a lease amendment and has been reclassified to deferred rent, which will be amortized over the remaining lease term.
Schedule of unaudited pro forma information
The following unaudited pro forma financial information approximates the consolidated results of operations of the Company as if the Mediscan and MSN acquisitions had occurred as of January 1, 2014, after giving effect to certain adjustments, including additional interest expense on the amount the Company borrowed on the date of the transaction, the amortization of acquired intangible assets, and the elimination of certain expenses that will not be recurring in post-acquisition periods, net of an estimated income tax impact. These adjustments include removing transaction-related expenses of approximately $0.8 million for the year ended December 31, 2015 related to the Mediscan acquisition and $6.2 million for the year ended December 31, 2014, related to the MSN acquisition. These results are not necessarily indicative of future results as they do not include incremental investments in support functions, elimination of costs for integration or operating synergies, estimates of the changes in the fair value of the embedded derivative in our Convertible Notes or an estimate of any impact on interest expense resulting from the operating cash flow of the acquired businesses, among other adjustments that could be made in the future but are not factually supportable on the date of the transaction.

 
Year Ended December 31,
 
2015
 
2014
 
(unaudited, amounts in thousands except per share data)
 
 
 
 
Revenue from services
$
800,353

 
$
771,955

 
 
 
 
Net income (loss) attributable to common shareholders
$
5,436

 
$
(30,104
)
 
 
 
 
Net income (loss) per common share attributable to common shareholders - basic and diluted
$
0.17

 
$
(0.97
)
Mediscan  
Business Acquisition [Line Items]  
Schedule of estimated fair value of purchase price
The following is the estimated fair value of the purchase price for Mediscan on October 30, 2015:
 
(amounts in thousands)
Cash purchase price paid at closing
$
28,000

Fair value of shares
4,723

Fair value of contingent consideration
3,686

Net working capital adjustment, including receivable
503

Total consideration
$
36,912

Summary of fair value of assets acquired and liabilities assumed
The following table is an estimate of the fair value of the assets acquired and liabilities assumed on October 30, 2015.

 
(amounts in thousands)
Cash acquired
$
79

Accounts receivable
6,851

Other current assets
140

Property and equipment
20

Goodwill
14,338

Other intangible assets
17,200

Total assets acquired
38,628

Accounts payable and accrued expenses
306

Accrued employee compensation and benefits
1,410

Total liabilities assumed
1,716

Net assets acquired
$
36,912

Medical Staffing Network  
Business Acquisition [Line Items]  
Summary of fair value of assets acquired and liabilities assumed
The Company used a third-party appraiser to assist with the determination of the fair value and estimated useful lives of acquired assets and liabilities assumed on June 30, 2014:

 
(amounts in thousands)
Cash acquired
$
989

Accounts receivable
37,275

Other current assets
3,378

Property and equipment
5,329

Goodwill
13,381

Other intangible assets
17,100

Other assets
2,325

Total assets acquired
79,777

 
 
Accounts payable
6,736

Accrued employee compensation and benefits
14,731

Other liabilities
9,867

Total liabilities assumed
31,334

 
 
Noncontrolling interest
324

 
 
Net assets acquired
$
48,119

On Assignment  
Business Acquisition [Line Items]  
Summary of fair value of assets acquired and liabilities assumed
The following table summarizes the fair value of the assets acquired and liabilities assumed. The Company used a third-party appraiser to determine the fair value and estimated useful lives of acquired assets and liabilities assumed on December 2, 2013:

 
(amounts in thousands)
Other current assets
$
62

Property and equipment
161

Goodwill
14,554

Other intangible assets
14,000

Other assets
52

Total assets acquired
28,829

 
 
Accrued employee compensation and benefits
112

Total liabilities assumed
112

 
 
Net assets acquired
$
28,717