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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2018
Acquisitions  
Summary of purchase price and purchase price allocation

The following information below represents the purchase price 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

 

 

 

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

 

Schedule of pro forma information

The following is supplemental pro-forma revenue, operating loss, and net loss had the ESCO Acquisition occurred as of January 1, 2017. (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

 

2018

 

2017

 

Supplemental Pro Forma:

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

$

62.6

 

 

 

$

38.2

 

 

Operating Loss

 

 

$

(10.8)

 

 

 

$

(7.5)

 

 

Net Loss

 

 

$

(10.3)

 

 

 

$

(8.0)