XML 62 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2016
Summary of Contingent Acquisition Consideration Payable Recorded as Non-Current Liabilities in Accompanying Consolidated Balance Sheets

The following is a summary of the contingent acquisition consideration payable, recorded as a non-current liability in the accompanying consolidated balance sheets:

 

 

Amount

 

 

 

(in thousands)

 

Balance, December 31, 2015

 

$

4,278

 

Change in fair value of contingent acquisition

   consideration payable

 

 

102

 

Balance, December 31, 2016

 

$

4,380

 

 

Cardiogen Sciences, Inc.  
Summary of Contingent Acquisition Consideration Payable Recorded as Non-Current Liabilities in Accompanying Consolidated Balance Sheets

The following is the total consideration paid for the business combination:

 

 

 

Amount

 

 

 

(in thousands)

 

Fair value of shares issued

 

$

4,142

 

Fair value of contingent payments

 

 

4,147

 

Total consideration

 

$

8,289

 

 

Schedule of Fair Values of Assets Acquired and Liabilities Assumed at Acquisition Date

The following table summarizes the allocation of the consideration paid of $8.3 million to the fair values of the assets acquired and liabilities assumed at the acquisition date:

 

 

Amount

 

 

 

(in thousands)

 

In process research and development

 

$

8,000

 

Deferred tax liability

 

 

(3,260

)

Goodwill

 

 

3,631

 

Liabilities assumed (net of cash acquired)

 

 

(82

)

 

 

$

8,289