XML 78 R36.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2017
Business Combinations [Abstract]    
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair value measurement of the assets acquired and liabilities assumed as of the date of acquisition:
ASSETS
 
 
Current Assets
 
$
8.5

Intangible Assets Subject to Amortization:
 
 
Trade Name
 
1.8

Customer Lists
 
13.9

Other Assets
 
1.3

Total Identifiable Assets Acquired
 
25.5

LIABILITIES
 
 
Current Liabilities
 
(8.0
)
Long-Term Liabilities
 
(6.0
)
Total Identifiable Liabilities Assumed
 
(14.0
)
Goodwill
 
15.6

Total Purchase Price
 
$
27.1


 
Business Acquisition, Pro Forma Information [Table Text Block]  
The following unaudited pro forma financial information presents the combined results of operations of the Company as if the acquisition of IPC Group had occurred as of January 1, 2017:
Years ended December 31
2017
Net Sales
 
Pro forma
$
1,057.1

As reported
1,003.1

 
 
Net Earnings (Loss) Attributable to Tennant Company
 
Pro forma
$
12.3

As reported
(6.2
)
 
 
Net Earnings (Loss) Attributable to Tennant Company per Diluted Share
 
Pro forma
$
0.68

As reported
(0.35
)