XML 49 R30.htm IDEA: XBRL DOCUMENT v3.2.0.727
CCA ACQUISITIONS (Tables)
12 Months Ended
Jun. 27, 2015
Business Combinations [Abstract]  
Summary of Consideration Paid for Acquisition

The following table summarizes the consideration paid for the CCA acquisition and presents the final allocation of these amounts to the net tangible and identifiable intangible assets based on their estimated fair values as of the acquisition date. This allocation requires the significant use of estimates and is based on the information that was available to management at the time these consolidated financial statements were prepared (in thousands).

 

Current assets

 

$

2,444

 

Property, plant and equipment

 

 

325

 

Identifiable intangible assets

 

 

2,760

 

Goodwill

 

 

5,951

 

Total assets acquired

 

 

11,480

 

Current liabilities

 

 

(2,277

)

Net assets acquired

 

$

9,203

 

 

Summary of Unaudited Proforma Information

The following unaudited pro forma information has been provided for illustrative purposes only and is not necessarily indicative of results that would have occurred had the acquisition been in effect for the periods presented, nor are they necessarily indicative of future results.

 

 

 

(Unaudited)

 

 

 

(in thousands, except per share amounts)

 

 

 

Fiscal

2014

 

 

Fiscal

2013

 

Revenue

 

$

140,250

 

 

$

145,992

 

Net loss

 

 

(37,180

)

 

 

(1,037

)

Net loss attributable to PMFG, Inc.

 

 

(37,248

)

 

 

(1,629

)

Basic loss per common share

 

 

(1.77

)

 

 

(0.08

)

Diluted loss  per common share

 

 

(1.77

)

 

 

(0.08

)