Note 1 - General (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the fair value of identified assets and liabilities of the Brinderson and Fyfe Asia acquisitions at their respective acquisition dates (in thousands):



	Brinderson			Fyfe Asia
Cash	$	3,842		$	1,303
Receivables and cost and estimated earnings in excess of billings	28,353			9,022
Prepaid expenses and other current assets	655			1,262
Property, plant and equipment	6,848			938
Identified intangible assets	60,210			14,130
Other assets	1,071			—
Accounts payable, accrued expenses and billings in excess of cost and estimated earnings	(16,072		)	(4,109		)
Deferred tax liabilities	—			(2,410		)
Total identifiable net assets	$	84,907		$	20,136

Total consideration recorded	147,605			40,144
Less: total identifiable net assets	84,907			20,136
Goodwill at September 30, 2013	$	62,698		$	20,008

Schedule of Purchase Accounting Adjustments [Table Text Block]

The following adjustments were made during the first quarter of 2013 relative to the acquisition of Fyfe Asia as the Company finalized its purchase price accounting (in thousands):



Total identifiable net assets at December 31, 2012	$	20,342
Accounts payable, accrued expenses and billings in excess of cost and estimated earnings	206
Total identifiable net assets at September 30, 2013	$	20,136

Goodwill at December 31, 2012	$	19,802
Increase in goodwill related to acquisition	206
Goodwill at September 30, 2013	$	20,008

Pro Forma [Member]

General [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

The following unaudited pro forma summary presents combined information of the Company as if the Fyfe LA, Fyfe Asia and Brinderson acquisitions had occurred on January 1, 2012 (in thousands):



	Quarters Ended September 30,			Nine Months Ended September 30,
	2013	2012		2013		2012
Revenues	n/a ⁽¹⁾	$	316,984	$	885,842	$	905,282
Net income ⁽²⁾	n/a ⁽¹⁾	22,401		40,889		44,758

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⁽¹⁾	Amounts are presented in the unaudited consolidated statement of operations for the quarter ended September 30, 2013.


⁽²⁾	Includes pro-forma adjustments for purchase price depreciation and amortization as if those intangibles were recorded as of January 1 of the year preceding the respective acquisition date.

Since Acquisition [Member]

General [Line Items]

Business Acquisition, Pro Forma Information [Table Text Block]

The Fyfe LA, Fyfe Asia and Brinderson acquisitions made the following contributions to the Company’s revenues and profits during the quarters and nine months ended September 30, 2013 and 2012 (in thousands):



	Quarters Ended September 30, 2013				Quarters Ended September 30, 2012
	Brinderson		Fyfe Asia/ Fyfe LA		Brinderson		Fyfe Asia/ Fyfe LA
Revenues	$	47,948	$	4,574	$	—	$	3,985
Net income ⁽¹⁾	1,225		149		—		179



	Nine Months Ended September 30, 2013				Nine Months Ended September 30, 2012
	Brinderson		Fyfe Asia/ Fyfe LA		Brinderson		Fyfe Asia/ Fyfe LA
Revenues	$	47,948	$	12,530	$	—	$	8,457
Net income ⁽¹⁾	1,225		519		—		135

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⁽¹⁾	Net income includes an allocation of corporate expenses that is not necessarily an indication of the entity’s operations on a stand alone basis.