XML 31 R20.htm IDEA: XBRL DOCUMENT v3.4.0.3
Business Combination (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The calculation of purchase price and purchase price allocation is as follows (in thousands):
 
Cash consideration:
 
 
 
 
Cash consideration
 
$
68,000
 
Net working capital and other cash consideration adjustments
 
 
3,400
 
Total cash consideration
 
 
71,400
 
Stock consideration, including Conversion Shares
 
 
82,632
 
Total purchase price
 
$
154,032
 
 
 
 
 
 
Current assets
 
$
42,716
 
Property and equipment
 
 
1,745
 
Goodwill
 
 
113,589
 
Identifiable intangible assets
 
 
39,840
 
Other assets
 
 
166
 
Total assets acquired
 
 
198,056
 
 
 
 
 
 
Current liabilities
 
 
26,639
 
Deferred income taxes
 
 
11,903
 
Other long-term liabilities
 
 
5,482
 
Total liabilities assumed
 
 
44,024
 
 
 
 
 
 
Total purchase price
 
 
154,032
 
Less cash acquired
 
 
2,184
 
Total purchase price, net of cash acquired
 
$
151,848
 
Business Acquisition, Pro Forma Information [Table Text Block]
The table below summarizes unaudited pro forma results for the three months ended March 31, 2015, (in thousands, except for per share information):
 
Contract revenue
 
$
48,964
 
Operating income
 
 
540
 
Net loss
 
 
(952)
 
Net loss per share, basic and diluted
 
 
(0.06)