Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Business Acquisition Pro Forma Information

The following unaudited supplemental pro forma information assumes the Energy Source acquisition and the 2014 acquisitions referred to above had been completed as of January 1, 2014 and is not indicative of the results of operations that would have been achieved had the transactions been consummated on such date or of results that might be achieved in the future. The pro forma effect of the E-Lighting acquisition was not significant.


	Year Ended December 31,
(in thousands)	2015			2014

Revenues	$	138,524		$	115,900
Operating loss	$	(1,223	)	$	(8,931	)
Net loss	$	(2,993	)	$	(4,063	)

Energy Source

Preliminary Values Assigned to Assets Acquired and Liabilities Assumed

The following amounts represent the determination of the fair value of identifiable assets acquired and liabilities assumed in the Energy Source acquisition:


(in thousands)

Tangible assets	$	5,379
Goodwill		21,276
Intangible assets		8,768

Assets acquired		35,423
Liabilities assumed		3,921

Purchase price	$	31,502

Value Lighting

Preliminary Values Assigned to Assets Acquired and Liabilities Assumed

The following amounts represent the determination of the fair value of identifiable assets acquired and liabilities assumed from the Value Lighting acquisition. The excess of the purchase price over the estimated fair value of the net tangible assets acquired was allocated to intangible assets of $20.0 million and goodwill of $18.6 million.


(in thousands)
Current Assets	$	16,260
Goodwill		18,635
Intangible Assets		19,951
Other assets		2,901

Assets acquired		57,747

Accounts payable and other liabilities		12,613
Deferred income tax liability		5,825

Liabilities assumed		18,438

Purchase price	$	39,309