Quarterly report pursuant to Section 13 or 15(d)

Business Combinations (Tables)

v3.8.0.1
Business Combinations (Tables)
9 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Schedule of Preliminary Purchase Price Allocation
The following table summarizes the preliminary purchase price allocation of the fair value of the assets acquired and liabilities assumed at the date of acquisition, (in thousands):
Cash and cash equivalents
$
6,758

Accounts receivable
30,052

Inventories
23,403

Property and equipment
2,770

Intangible assets
75,755

Goodwill
58,941

Other assets
1,987

Accounts payable
(8,663
)
Accrued liabilities
(14,907
)
Deferred revenue
(767
)
Deferred income tax
(26,082
)
Total purchase price
$
149,247

Unaudited Pro forma Financial Information
The pro forma financial information is presented for informational purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place at the beginning of the earliest period presented, nor is it intended to be a projection of future results.
Unaudited Pro forma Financial Information
(in thousands)
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2017
 
2016
 
2017
 
2016
Revenue
$
122,643

 
$
118,431

 
$
369,531

 
$
356,769

Net income (loss)
$
(6,113
)
 
$
3,494

 
$
(6,398
)
 
$
3,311

 
 
 
 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
 
 
 
Basic
$
(0.19
)
 
$
0.11

 
$
(0.20
)
 
$
0.10

Diluted
$
(0.19
)
 
$
0.11

 
$
(0.20
)
 
$
0.10

Weighted average shares used in the calculation of earnings per share:
 
 
 
 
 
 
 
Basic
32,593

 
32,388

 
32,536

 
32,476

Diluted
32,593

 
32,981

 
32,536

 
33,077