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Business Combination (Tables) | 12 Months Ended
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Sep. 30, 2013
BusinessCombinationsAbstract |
Business Combination Considerations |
| IES receivable from the Acro Group as of December 31, 2012 (a) |  | $ | 2,263 |  |
| IES deferred cost recorded in connection with transactions with Acro Group between January 1, 2013 and February 15, 2013 |  |  | 1,042 |  |
| Cash purchase consideration |  |  | 828 |  |
| Fair value of contingent consideration (b) |  |  | 665 |  |
| Total consideration transferred |  | $ | 4,798 |  |
| (a) | As of the Closing Date, IES had a receivable from the Acro Group from past transactions between the two companies. This receivable was forgiven by IES as a portion of the consideration paid to acquire the Acro Group assets and liabilities. |  |  |  |  |
| (b) | The contingent consideration is based on a formula of the Acro Group's revenue for the first 12 months after February 15, 2013, with a maximum and minimum amount payable by IES. |  |  |  |  |
| IES Common Shares (2,795,577) |  | $ | 11,853 |  |
| Cash purchase consideration |  |  | 4,364 |  |
| Total consideration transferred |  | $ | 16,217 |  |
Allocation to Fair Value of Net Assets Acquired and Liabilities Assumed |
| Total estimate of consideration expected to be transferred |  |  | 4,798 |  |
| Fair value of assets acquired and liabilities assumed: |  |  |  |  |
|  | Trade receivables |  | $ | 317 |  |
|  | Prepaid commissions |  |  | 46 |  |
|  | Inventory |  |  | 16 |  |
|  | Property and equipment |  |  | 40 |  |
|  | Order backlog |  |  | 350 |  |
|  | Covenant not-to-compete |  |  | 140 |  |
|  | Developed technology |  |  | 400 |  |
|  | Vacation payable |  |  | (26) |  |
|  | Customer incentive payable |  |  | (70) |  |
|  | Deferred revenue |  |  | (600) |  |
| Goodwill: (c) |  | $ | 4,185 |  |
|  | (c) | The goodwill is attributable to the workforce of the acquired business and other intangibles that do not qualify for separate recognition. |  |  |  |  |
| Total estimate of consideration expected to be transferred |  | $ | 16,217 |  |
| Fair value of assets acquired and liabilities assumed: |  |  |  |  |
|  | Trade receivables |  | $ | 4,925 |  |
|  | Prepaids |  |  | 532 |  |
|  | Inventory |  |  | 7,530 |  |
|  | Property and equipment |  |  | 5,355 |  |
|  | Customer relationships |  |  | 2,100 |  |
|  | Technical library |  |  | 400 |  |
|  | Trade names |  |  | 1,200 |  |
|  | Other assets |  |  | 552 |  |
|  | Trade payables |  |  | (4,143) |  |
|  | Accrued liabilities |  |  | (2,016) |  |
|  | Term loan |  |  | (5,511) |  |
| Goodwill: (c) |  | $ | 5,293 |  |
|  | (c) | Although this goodwill is not deductible for tax purposes, we acquired tax basis of $8.6 million in goodwill and intangible assets recognized by MISCOR prior to our purchase agreement with them. The deferred tax asset associated with the basis is fully offset by a corresponding valuation allowance. No value was assigned in the purchase price allocation above to the original intangible assets recognized by MISCOR prior to our purchase agreement. |  |  |  |  |
Pro Forma Results of Operations |
|  |  | Unaudited |
|  | Year Ended |  | Year Ended |
|  | September 30, 2013 |  | September 30, 2012 |
Revenues |  | $ | 542,027 |  | $ | 520,016 |
Net loss from continuing operations |  | $ | (3,081) |  | $ | (6,642) |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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