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Acquisition Of Qumu, Inc. (Tables)
6 Months Ended
Jun. 30, 2012
Acquisition Of Qumu, Inc. [Abstract]  
Preliminary Purchase Accounting Allocation

 

 

 

 

 

Aggregate purchase price

 

$

51,275

 

Less: discount applied to Rimage stock for trade restrictions

 

 

(1,955

)

Net transaction consideration

 

$

49,320

 

 

 

 

 

 

Current assets

 

$

5,213

 

Property and equipment

 

 

390

 

Intangible assets

 

 

18,900

 

Goodwill

 

 

22,218

 

Net deferred tax assets

 

 

7,229

 

Current liabilities

 

 

(4,630

)

Total net assets acquired

 

$

49,320

 

Pro Forma Operating Results

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

 

 

Reported

 

Reported

 

Pro Forma
(unaudited)

 

Reported

 

Reported

 

Pro Forma
(unaudited)

 

 

Net sales

 

$

18,284

 

$

20,194

 

$

23,271

 

$

37,745

 

$

41,650

 

$

48,125

 

Net income (loss)

 

 

(2,750

)

 

1,206

 

 

448

 

 

(4,455

)

 

2,704

 

 

1,219

 

Net earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

(0.27

)

 

0.12

 

 

0.04

 

 

(0.44

)

 

0.28

 

 

0.12

 

Diluted

 

 

(0.27

)

 

0.12

 

 

0.04

 

 

(0.44

)

 

0.28

 

 

0.12