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Acquisitions (Tables) (HBN and Tails)
3 Months Ended
Mar. 31, 2014
HBN and Tails
 
Summary of Unaudited Pro Forma Information

The following unaudited pro forma financial information reflects the consolidated results of operations of the Company as if the acquisitions of HBN and Tails had occurred on January 1, 2013. The historical financial information has been adjusted to give effect to events that are (1) directly attributed to the acquisition, (2) factually supportable and (3) expected to have a continuing impact on the combined results. Such items include additional amortization expense associated with the valuation of the acquired franchise agreement. This unaudited pro forma information should not be relied upon as necessarily being indicative of the historical results that would have been obtained if the acquisitions had actually occurred on that date, nor of the results that may be obtained in the future.

 

 

Three months ended March 31, 2013

 

 

(unaudited)

 

 

(in thousands)

 

Total revenue

$

40,883

 

Net income

 

6,290