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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2019
Acquisitions  
Payments to acquire businesses modified by measurement period adjustments

The following reflects the Company’s preliminary allocation of consideration transferred for the NEEO acquisition (in thousands):

 

 

 

 

 

 

 

 

 

NEEO

 

    

 

Acquisition

Cash 

 

 

$

445

Accounts receivable

 

 

 

17

Inventory

 

 

 

577

Other assets acquired 

 

 

 

542

Intangible assets 

 

 

 

6,384

Goodwill 

 

 

 

9,242

Total assets acquired 

 

 

 

17,207

Accounts payable 

 

 

 

758

Accrued liabilities

 

 

 

1,478

Pension liability

 

 

 

488

Total net assets acquired 

 

 

$

14,483

 

Schedule of unaudited pro forma information regarding the acquisition

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2019

    

2018

    

 

 

 

 

 

 

 

 

Revenue

 

$

60,447

 

$

59,306

 

Income (loss) from operations

 

 

(3,242)

 

 

(247)

 

Net income (loss)

 

$

(2,386)

 

$

(241)

 

Net income (loss) per common share:

 

 

 

 

 

 

 

Basic

 

$

(0.09)

 

$

(0.01)

 

Diluted

 

$

(0.09)

 

$

(0.01)