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Acquisition (Tables) | 6 Months Ended
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Jun. 30, 2016
Information of Company's Results of Operations | The following unaudited pro forma information represents the Company’s results of operations as if the PMFG acquisition had occurred as of January 1, 2014:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
(Table only in thousands, except per share data) |  | 2015 |  |  | 2015 |
Net sales |  | $ | 124,659 |  |  | $ | 240,410 |
Net loss |  |  | (5,434 | ) |  |  | (8,195 | )
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.16 | ) |  | $ | (0.24 | )
Diluted |  | $ | (0.16 | ) |  | $ | (0.24 | )
PMFG, Inc. [Member] |
Fair Values of Assets Acquired and Liabilities Assumed at Date of Closing | The following table summarizes the approximate fair values of the assets acquired and liabilities assumed at the date of closing.
(Table only in thousands) |  |  |  |
Current assets (including cash of $27,100) |  | $ | 92,690 |
Property and equipment |  |  | 29,982 |
Other assets |  |  | 953 |
Assets held for sale (a) |  |  | 950 |
Deferred income tax asset |  |  | — |
Goodwill |  |  | 56,020 |
Intangible – finite life |  |  | 29,940 |
Intangible – indefinite life |  |  | 10,280 |
Total assets acquired |  |  | 220,815 |
Current liabilities assumed |  |  | (73,328 | )
Deferred income tax liability |  |  | (800 | )
Long term liabilities assumed |  |  | (3,961 | )
Noncontrolling interest |  |  | (6,000 | )
Net assets acquired |  | $ | 136,726 |
(a) | The assets held for sale consist primarily of real property, and are valued at the estimated proceeds less cost to sell. The Company has not recorded a gain or loss on the classification of the subject assets to held for sale. The Company expects to complete the sale of the subject assets within the next twelve months.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463 + 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=73530397&loc=d3e4845-128472 + Details
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