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GM&P Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2018
Business Combinations [Abstract] |
Summary of Purchase Price Allocation of Total Consideration Transferred | The following table summarizes the purchase price allocation of the total consideration transferred:
Consideration Transferred: |  |  |
Notes payable (Cash or Stock) |  | $ | 35,000 |
Fair value of the non-controlling interest in Componenti |  |  | 1,141 |
Recognized amounts of identifiable assets acquired and liabilities assumed: |  | Preliminary Purchase Price Allocation |  |  | Measurement Period Adjustments |  |  | Final Purchase Price Allocation |
Cash and equivalents |  | $ | 509 |  |  |  |  |  |  |  | 509 |
Accounts receivable |  |  | 42,314 |  |  |  |  |  |  |  | 42,314 |
Other current assets |  |  | 5,287 |  |  |  | 242 |  |  |  | 5,529 |
Property, plant, and equipment |  |  | 684 |  |  |  |  |  |  |  | 684 |
Other non-current tangible assets |  |  | 59 |  |  |  |  |  |  |  | 59 |
Trade name |  |  | 980 |  |  |  |  |  |  |  | 980 |
Non-compete agreement |  |  | 165 |  |  |  |  |  |  |  | 165 |
Contract backlog |  |  | 3,090 |  |  |  |  |  |  |  | 3,090 |
Customer relationships |  |  | 4,140 |  |  |  |  |  |  |  | 4,140 |
Accounts payable |  |  | (22,330 | ) |  |  | 275 |  |  |  | (22,055 | )
Other current liabilities assumed |  |  | (13,967 | ) |  |  | (673 | ) |  |  | (14,640 |
Non-current liabilities assumed |  |  | (3,634 | ) |  |  | (3,231 | ) |  |  | (6,865 | )
Total identifiable net assets |  |  | 17,297 |  |  |  | (3,387 | ) |  |  | 13,910 |
Goodwill (including Workforce) |  | $ | 18,844 |  |  |  | 3,387 |  |  | $ | 22,231 |
Schedule of Pro Forma Results of Operations | The unaudited pro forma results do not include the impact of synergies, nor any potential impacts on current or future market conditions which could alter the following unaudited pro forma results.
|  | Pro-Forma |
|  | Nine Months |
|  | Ended |
(in thousands, except per share amounts) |  | September 30, 2017 |
Pro Forma Results |  |  |  |
Net sales |  | $ | 240,164 |
Net income attributable to parent |  | $ | 3,329 |
Net income per common share: |  |  |  |
Basic |  | $ | 0.10 |
Diluted |  | $ | 0.10 |

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