Quarterly report pursuant to Section 13 or 15(d)

Acquisitions of Businesses and Other Intangibles (Tables)

v3.5.0.2
Acquisitions of Businesses and Other Intangibles (Tables)
6 Months Ended
Jun. 30, 2016
Business Acquisition Pro Forma Information

The following unaudited supplemental pro forma information assumes the TNT and Energy Source acquisitions referred to above had been completed as of January 1, 2015 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.

 

(in thousands)    Pro Forma
Six Months Ended
June 30, 2016
     Pro Forma
Year Ended
December 31, 2015
 

Revenues

   $ 78,585       $ 163,351   

Operating (loss) income

   $ (2,099    $ 182   

Net loss

   $ (3,315    $ (1,727
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 TNT acquisition:

 

(in thousands)       

Working capital, net

   $ 2,576   

Goodwill

     6,256   

Intangible assets

     5,921   
  

 

 

 

Purchase price

   $ 14,753   
  

 

 

TNT  
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)       

Working capital, net

   $ 1,458   

Goodwill

     21,276   

Intangible assets

     8,768   
  

 

 

 

Purchase price

   $ 31,502