Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Acquisitions

Schedule of pro forma information

The following is supplemental pro-forma revenue, operating loss, and net loss had the Magna, Bayou and ESCO Acquisitions occurred as of January 1, 2015 (in millions):

		Year Ended December 31,
	2017			2016			2015
Supplemental Pro Forma:
Revenue		$	176.7		$	132.8		$	180.2
Operating Loss		$	(22.6)		$	(31.3)		$	(58.1)
Net Loss		$	(29.5)		$	(33.3)		$	(62.2)

Magna

Acquisitions

Summary of purchase price and purchase price allocation

A summary of the fair value of the assets acquired and the liabilities assumed in connection with the Magna Acquisition is set forth below (in millions):

Purchase price
Cash paid by CSL	$	12.7
Total purchase price	$	12.7
Purchase price allocation
Cash	$	1.2
Accounts receivable		3.0
Prepaid expenses and other		1.2
Property, plant and equipment		8.8
Tradename		0.1
Total assets acquired		14.3
Accounts payable		(1.0)
Accrued expenses		(0.6)
Total liabilities assumed		(1.6)
Allocated purchase price	$	12.7

Bayou

Acquisitions

Summary of purchase price and purchase price allocation

A summary of the fair value of the assets acquired and the liabilities assumed in connection with the Bayou Acquisition is set forth below (in millions):

Purchase price
Cash	$	17.5
Equity issued		33.0
Total purchase price	$	50.5
Purchase price allocation
Prepaid expenses & other	$	0.5
Property, plant and equipment		40.0
Land		0.6
Building and site improvements		2.3
Customer relationships		9.3
Total assets acquired		52.7
Accounts payable		(1.8)
Accrued expenses		(1.0)
Other long‑term liabilities		(1.0)
Total liabilities assumed		(3.8)
Goodwill		1.6
Allocated purchase price	$	50.5

ESCO

Acquisitions

Summary of purchase price and purchase price allocation

The following information below represents the preliminary purchase allocation related to the ESCO Acquisition (in millions):

Purchase price
Cash	$	47.7
Seller's notes		7.0
Equity issued		5.0
Total purchase price	$	59.7
Purchase price allocation
Cash	$	-
Accounts receivable		6.6
Property, plant and equipment		45.9
Intangible assets		2.2
Other assets		0.3
Total assets acquired		55.0
Accounts payable		(0.5)
Accrued expenses		(2.2)
Total liabilities assumed		(2.7)
Goodwill		7.4
Allocated purchase price	$	59.7