Acquisition (Tables)

12 Months Ended

Dec. 31, 2017

The purchase price consideration is as follows (in thousands):



Cash consideration—Triage Business	$	399,798
Deferred consideration—BNP Business	220,550
Contingent consideration—BNP Business	19,700
Inventory related adjustment	205
Net consideration	$	640,253

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed



Prepaid expenses and other current assets	$	796
Assets held for sale	146,540
Inventories	52,205
Property, plant and equipment	10,608
Intangible assets	184,900
Goodwill	245,531
Other non-current assets	182
Total assets acquired	$	640,762
Other current liabilities	(509		)
Total net assets and liabilities acquired	$	640,253

Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following sets forth results of the amounts assigned to the identifiable intangible assets acquired (in thousands):



Intangible Asset	Amortization period	Fair value of assets acquired
Purchased technology	10 years	$	52,400
Customer relationships	7 years	115,000
Trademarks	10 years	17,500
Total intangible assets		$	184,900

Business Acquisition, Pro Forma Information

The following unaudited pro forma financial information shows the combined results of operations of the Company, including the Triage and BNP Businesses, as if the acquisition had occurred as of the beginning of the periods presented:



	Year ended December 31,
(in thousands, except per share data)	2017			2016
Pro forma total revenues	$	468,577		$	437,525
Pro forma net income (1)	$	41,296		$	28,045
Pro forma basic earnings per share	$	1.22		$	0.86
Pro forma diluted net earnings per share	$	1.18		$	0.84
Total revenue included in the Consolidated Statement of Operations since acquisition	$	47,030
Net loss included in the Consolidated Statement of Operations since acquisition (2)	$	(4,776	)


(1)	Includes the reversal of non-recurring transaction costs totaling $11.7 million directly attributable to the acquisition incurred during the year ended December 31, 2017. Pro forma net income also includes the reversal of the amortization of the fair value step-up of inventory of $11.0 million because it does not have a continuing impact.


(2)	Net loss of $4.8 million includes amortization of the fair value write-up of inventory