Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of purchase price allocation for acquisition

The purchase price allocation was as follows:

Consideration paid by B. Riley:
Number of magicJack shares outstanding at November 14, 2018		16,248,299
Cash merger consideration per share	$	8.71
Total cash consideration for magicJack common shares		141,523
Cash consideration for magicJack stock options and accelerated vesting of restricted stock awards		1,592
Total consideration	$	143,115

Consideration paid by B. Riley:
Cash acquisition consideration	$	116,500
Transaction costs		570
Total cash consideration		117,070
Warrant consideration		990
Total consideration	$	118,060

Schedule of fair value of assets acquired for acquisition

Tangible assets acquired and assumed:
Cash and cash equivalents	$	53,875
Restricted cash		369
Accounts receivable		3,103
Inventory		2,033
Prepaid expenses and other assets		4,961
Property and equipment		2,922
Deferred taxes		16,769
Accounts payable		(2,313	)
Contract liabilities		(66,489	)
Accrued payroll and related expenses		(1,989	)
Accrued expenses and other liabilities		(24,450	)
Developed technology		6,400
Tradename		1,750
Customer list		34,500
Process-know-how		2,000
Goodwill		109,674
Total	$	143,115

Tangible assets acquired and assumed:
Cash and cash equivalents	$	2,160
Accounts receivable		1,751
Deferred revenue		(1,332	)
Tradename		136,176
Customer list		8,678
Non-controlling interest		(29,373	)
Total	$	118,060

Schedule of pro forma financial information

	Pro Forma (Unaudited)
	Year Ended December 31,
	2018
Revenues	$	489,556
Net income attributable to B. Riley Financial, Inc.	$	20,822
Basic earnings per share	$	0.80
Diluted earnings per share	$	0.78
Weighted average basic shares outstanding		25,937,305
Weighted average diluted shares outstanding		26,764,856