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Business Combinations Business Combinations (Tables)
9 Months Ended
Sep. 30, 2014
Business Combinations [Abstract]  
Schedule of Consideration Paid for the Acquisition
The following table summarizes the consideration paid for the acquisition:
 
Consideration
Cash
$
8,141

Common stock
1,679

Contingent consideration
667

Total
$
10,487

Schedule of Fair Value of Identified Assets and Liabilities Acquired
The fair value of identified assets and liabilities acquired was as follows:
 
Fair value
Property and equipment
$
47

Intangibles
2,488

Goodwill
2,569

Accrued liabilities
(52
)
Total
$
5,052

The fair value of identified assets and liabilities acquired was as follows:
 
Fair value
Cash
$
125

Accounts receivable
255

Inventories
844

Prepaid and other
116

Intangibles
3,180

Property and equipment
292

Goodwill
6,555

Trade accounts payable
(420
)
Accrued liabilities
(405
)
Stock registration costs
(55
)
Total
$
10,487

Schedule of Revenue and Earnings of the Combined Entity as Though the Business Combination
Revenue and earnings of the combined entity as though the business combination occurred as of January 1, 2013 were as follows:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2014
 
2013
 
2014
 
2013
Revenue
$
15,739

 
$
13,252

 
$
42,827

 
$
37,947

Earnings
1,646

 
1,702

 
2,830

 
3,490

Basic earnings per common share
$
0.18

 
$
0.19

 
$
0.31

 
$
0.38

Diluted earnings per common share
$
0.17

 
$
0.18

 
$
0.29

 
$
0.37