XML 45 R30.htm IDEA: XBRL DOCUMENT v3.3.1.900
Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2015
Business Combinations  
Summary of Purchase Price Allocation

 

 

 

 

 

 

    

Purchase Price

 

 

 

Allocation

 

(in thousands)

 

April 21, 2015

 

Assets acquired and liabilities assumed

 

 

 

 

Cash

 

$
250

 

Other assets

 

 
31

 

Investment sales pipeline intangible asset

 

 
1,426

 

Accounts payable

 

 
(64)

 

Noncontrolling interests

 

 
(4,339)

 

Goodwill

 

 
15,713

 

Consideration paid

 

$
13,017

 

 

Summary of Revenue and Earnings of Combined Entity

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 

 

Supplementary pro forma information

    

2015

    

2014

 

(in thousands, except per share data)

 

 

 

 

 

 

 

Revenues

 

$
470,566

 

$
370,698

 

Income from operations

 

$
135,840

 

$
86,559

 

Walker & Dunlop net income (1)

 

$
82,347

 

$
52,647

 

Diluted earnings per share

 

$
2.65

 

$
1.61

 

Weighted average diluted shares outstanding

 

 
31,024

 

 
32,737

 

Includes pro forma adjustments related to additional tax expense as a result of the increased combined earnings. Pro forma adjustments increasing tax expense by $0.1 million and $0.8 million are included in the supplementary pro forma information presented for 2015 and 2014, respectively.