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Acquisitions, Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2015
Consideration Transferred | The total consideration transferred follows (in thousands):
Cash consideration, less $66 of working capital adjustments |  | $ | 21,170 |
Value of common stock issued |  |  | 4,000 |
Estimated fair value of contingent consideration |  |  | 1,370 |
Total consideration transferred |  | $ | 26,540 |
Components and Allocation of Purchase Price | The components and allocation of the purchase price consists of the following amounts (in thousands):
Accounts receivable |  | $ | 1,647 |
Inventory |  |  | 1,003 |
Other current assets |  |  | 184 |
Fixed assets |  |  | 85 |
Customer relationships |  |  | 6,400 |
Developed technology |  |  | 2,000 |
In process research and development (“IPR&D”) |  |  | 1,600 |
Trademark and trade name |  |  | 700 |
Accounts payable and other liabilities assumed |  |  | (431 | )
Goodwill |  |  | 13,352 |
Net assets acquired |  | $ | 26,540 |
Unaudited Supplemental Pro Forma Information | The following table presents unaudited supplemental pro forma information as if the Refine Acquisition had occurred as of January 1, 2013 (in thousands, except per share data):
|  | December 31, 2014 |  |  | December 31, 2013 |
Total revenue |  | $ | 67,330,000 |  |  | $ | 76,331,000 |
Net income |  |  | 9,493,000 |  |  |  | 16,403,000 |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.28 |  |  | $ | 0.58 |
Diluted |  | $ | 0.27 |  |  | $ | 0.56 |
Changes in Carrying Value of Goodwill | The changes in the carrying value of goodwill for the year ended December 31, 2015 is as follows (in thousands):
Balance at December 31, 2014 |  | $ | 14,185 |
Adjustments to goodwill arising from Refine acquisition |  |  | 161 |
Balance at December 31, 2015 |  | $ | 14,346 |

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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 3 -URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1486-128463 Reference 2: 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=56956515&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + 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=56956791&loc=d3e4845-128472 + Details
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