Acquisitions (Tables)

12 Months Ended

Dec. 31, 2014

The allocation of the purchase price for the ATT Acquisition was as follows (dollars in thousands):


Assets:			Useful Life
Cash	$	559		—
Accounts receivable		408		—
Inventory		2,585		—
Prepaid expenses and other		1,393		—
Fixed assets		137		3 years
Goodwill		12,551		—
Other intangible assets:
Core technology		10,266		6 years
Customer relationships		3,377		8 years
Trademarks and tradenames		1,216		10 years

		14,859

		32,492
Liabilities:
Accounts payable		518		—
Accrued liabilities		252		—
Long-term deferred tax liability		4,061		6-10 years

		4,831

Net assets acquired	$	27,661

Schedule of Operating Results of ATT and RTPs Systems

ATT System’s results of operations have been included in our consolidated financial statements and Systems segment subsequent to the date of acquisition as follows (in thousands):


	Year Ended December 31,
	2014		2013
Revenue	$	12,936	$	3,778
Operating income		2,749		448

Schedule of Pro Forma Results of Operations

The unaudited pro forma results of operations, as if the ATT Acquisition had occurred on January 1, 2012 were as follows (in thousands):


	Year Ended December 31,
	2013		2012
Pro forma revenue	$	127,618	$	118,508
Pro forma net income		14,564		5,834
Pro forma basic net income per share		0.90		0.37
Pro forma diluted net income per share		0.88		0.36

Acquisition of RTP

Schedule of Purchase Price Allocation

The allocation of the purchase price for the RTP Acquisition was as follows (dollars in thousands):


				Useful Life
Current assets	$	1,198			—
Fixed assets		17			2 years
Goodwill		641			—
Other intangible assets:
Core technology		930			5 years
Customer relationships		490			12 years

		1,420
Current liabilities		(62	)		—

Net assets acquired	$	3,214

Schedule of Operating Results of ATT and RTPs Systems

RTP’s results of operations have been included in our consolidated financial statements and Systems segment subsequent to the date of acquisition as follows (in thousands):


	Year Ended December 31,
	2014		2013
Revenue	$	2,954	$	1,222
Operating loss		595		40