XML 40 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727
Acquisition Acquisition (Tables)
 9 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information
The following unaudited pro forma data has been prepared by adjusting the Company’s historical data to give effect to the Merger as if it had occurred on October 1, 2013 and includes adjustments for depreciation expense, amortization of intangibles, and the effect of other purchase accounting adjustments:
 
Quarter Ended
 
Nine Months Ended
 
June 30, 2015
 
June 30, 2014
 
June 30, 2015
 
June 30, 2014
 
(dollars in thousands, except per share data)
Revenue, net
$
40,016

 
$
25,625

 
$
92,988

 
$
75,791

Net loss
$
(1,669
)
 
$
(4,507
)
 
$
(11,028
)
 
$
(19,641
)
Earnings per share available to Amtech stockholders:
 
 
 
 
 
 
 
Basic
$
(0.13
)
 
$
(0.35
)
 
$
(0.84
)
 
$
(1.52
)
Diluted
$
(0.13
)
 
$
(0.35
)
 
$
(0.84
)
 
$
(1.52
)
Business Combination, Schedule Of Consideration Transferred
 The Merger was an all-stock transaction. The following table summarizes the consideration transferred:
(In thousands, except per share amounts)
 
BTU common shares and restricted stock units exchanged
9,681

Exchange ratio
0.3291

Amtech common stock issued for consideration
3,186

Amtech common stock per share price on January 30, 2015
$
8.20

Consideration for BTU common shares and restricted stock units
$
26,125

Vested BTU stock options exchanged for Amtech stock options
$
500

Total fair value of consideration transferred
$
26,625
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the allocation of the consideration for the assets acquired and liabilities assumed on January 30, 2015:
(In thousands)
 
Fair value of net tangible assets acquired
$
20,598

Goodwill
4,697

Identifiable intangible assets
1,330

Total consideration allocated
$
26,625