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General (Tables)
 3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of contribution to revenues and profits and pro forma
Environmental Techniques, Underground Solutions, Fyfe Europe, LMJ and Concrete Solutions made the following contributions to the Company’s revenues and profits (in thousands):
 
Quarter Ended
March 31, 2017
 
Quarter Ended
March 31, 2016
 
Environmental
Techniques
 
Underground
Solutions(1)
 
Fyfe
Europe
 
LMJ
 
Concrete
Solutions
 
Underground
Solutions(2)
Revenues
$
451

 
$
6,525

 
$
259

 
$
1,337

 
$
1,383

 
$
4,666

Net income (loss)
(102
)
 
(1,319
)
 
(58
)
 
(597
)
 
50

 
(124
)

_____________________
(1) 
The reported net loss for Underground Solutions for the quarter ended March 31, 2017 includes an allocation of corporate expenses of $0.4 million.
(2) 
The reported net loss for Underground Solutions for the quarter ended March 31, 2016 includes inventory step-up expense of $1.2 million recognized as part of the accounting for business combinations.

The following pro forma summary presents combined information of the Company as if the Environmental Techniques, Underground Solutions, Fyfe Europe, LMJ and Concrete Solutions acquisitions had occurred at the beginning of the year preceding their acquisition (in thousands, except earnings per share):
 
Quarters Ended March 31,

   2017 (1)
 
   2016 (2)
Revenues
$
326,057

 
$
302,869

Net income (loss) attributable to Aegion Corporation (3)
5,698

 
(3,330
)
Diluted earnings (loss) per share
$
0.17

 
$
(0.09
)
_____________________
(1) 
Includes pro-forma results related to Environmental Techniques.
(2) 
Includes pro-forma results related to Environmental Techniques, Underground Solutions, Fyfe Europe, LMJ and Concrete Solutions.
(3) 
Includes pro-forma adjustments for depreciation and amortization associated with acquired tangible and intangible assets, as if those assets were recorded at the beginning of the year preceding the acquisition date.
Schedule of fair value of assets acquired and liabilities assumed
The following table summarizes the fair value of identified assets and liabilities of the Environmental Techniques, Underground Solutions, Fyfe Europe, LMJ and Concrete Solutions acquisitions at their respective acquisition dates (in thousands):
 
Environmental
Techniques
 
Underground
Solutions
 
Fyfe
Europe
 
LMJ
 
Concrete
Solutions
Cash
$
—

 
$
3,630

 
$
—

 
$
—

 
$
—

Receivables and cost and estimated earnings in excess of billings
801

 
6,339

 
—

 
—

 
1,469

Inventories
1,281

 
12,629

 
—

 
504

 
857

Prepaid expenses and other current assets
93

 
671

 
—

 
—

 
18

Property, plant and equipment
1,694

 
2,755

 
50

 
1,194

 
422

Identified intangible assets
2,011

 
33,370

 
513

 
795

 
1,722

Deferred income tax assets
—

 
13,282

 
—

 
—

 
—

Other assets
—

 
90

 


 
—

 
—

Accounts payable
(1,025
)
 
(4,653
)
 
—

 
—

 
(837
)
Accrued expenses
(186
)
 
(5,900
)
 
—

 
—

 
(149
)
Billings in excess of cost and estimated earnings
—

 
(2,943
)
 
—

 
—

 
—

Deferred income tax liabilities
—

 
(14,562
)
 
—

 
—

 
(482
)
Total identifiable net assets
$
4,669

 
$
44,708

 
$
563

 
$
2,493

 
$
3,020


 
 
 
 
 
 
 
 
 
Total consideration recorded
$
8,046

 
$
88,370

 
$
3,000

 
$
3,235

 
$
6,393

Less: total identifiable net assets
4,669

 
44,708

 
563

 
2,493

 
3,020

Goodwill at March 31, 2017
$
3,377

 
$
43,662

 
$
2,437

 
$
742

 
$
3,373