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Acquisitions And Dispositions (Tables)
12 Months Ended
Dec. 31, 2012
Business Acquisition [Line Items]  
Pro Forma Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TWELVE MONTHS ENDED DECEMBER 31, 2012

 

 

 

 

 

New Ulm
Telecom, Inc.
Pro Forma
Combined

 

 

 

Actual

 

 

 

 

Actual
New Ulm

 

Sleepy Eye
Telephone Co.

 

Pro Forma
Adjustments

 

 

REVENUES

 

$

32,482,988

 

$

5,527,334

 

$

(359,438

)

$

37,650,884

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NET INCOME

 

$

3,174,914

 

$

1,162,478

 

$

(1,477,779

)*

$

2,859,613

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BASIC AND DILUTED NET INCOME PER SHARE

 

$

0.62

 

$

0.23

 

$

(0.29

)

$

0.56

 

* These adjustments include Depreciation, Amortization, management services, equity income and Interest Expense, net of the related tax benefit.

SETC [Member]
 
Business Acquisition [Line Items]  
Allocation Of Assets and Liabilities

 

 

 

 

 

Current assets

 

$

439,664

 

Property, plant and equipment

 

 

9,847,787

 

Investments

 

 

2,412,938

 

Customer relationship intangible

 

 

9,900,000

 

Trade name intangible

 

 

570,000

 

Excess costs over net assets acquired (Goodwill)

 

 

10,268,806

 

Current liablities

 

 

(300,621

)

Deferred liabilities

 

 

(7,675,522

)

Total price allocation

 

 

25,463,052

 

Less Cash Acquired

 

 

(18,150

)

 

 

 

 

 

Total Consideration For Acquisition, Net

 

$

25,444,902