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Note 3 - Selmec Acquisition | 6 Months Ended
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Jun. 30, 2018
Notes to Financial Statements |
Business Combination Disclosure [Text Block] | 3. Selmec Acquisition On June 1, 2018, the Company acquired Selmec for a purchase price of $78,307, net of cash acquired and inclusive of estimated earnout payments of $6,750. Headquartered in Mexico City, Mexico, Selmec is a designer and manufacturer of industrial generators ranging from 10kW to 2,750kW. Selmec offers a market-leading service platform and specialized engineering capabilities, together with robust integration, project management and remote monitoring services. The acquisition purchase price was funded solely through cash on hand. The Company recorded a preliminary purchase price allocation during the second quarter of 2018 based upon its estimates of the fair value of the acquired assets and assumed liabilities. As a result, the Company recorded approximately $76,504 of intangible assets, including approximately $38,538 of goodwill recorded in the International segment, as of the acquisition date. The goodwill ascribed to the acquisition is not deductible for tax purposes. The accompanying condensed consolidated financial statements include the results of Selmec from the date of acquisition through June 30, 2018.

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