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Acquisitions (Tables) | 3 Months Ended
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Mar. 31, 2022
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed | 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 $137) |  | $ | 4,308 |
Property and equipment |  |  | 459 |
Goodwill |  |  | 20,667 |
Total assets acquired |  |  | 25,434 |
Current liabilities assumed |  |  | (714 | )
Net assets acquired |  | $ | 24,720 |
Schedule of Unaudited Pro Forma Financial Information | The following unaudited pro forma financial information represents the Company's results of operations as if GRC acquisition had occurred on January 1, 2021:
|  | Three months ended March 31, |
(table in thousands, except per share data) |  | 2022 |  |  | 2021 |
Net sales |  | $ | 94,575 |  |  | $ | 75,215 |
Net income attributable to CECO Environmental Corp. |  |  | 3,066 |  |  |  | 1,594 |
Earnings per share: |  |  |  |  |  |
Basic |  | $ | 0.09 |  |  | $ | 0.05 |
Diluted |  | $ | 0.09 |  |  | $ | 0.04 |

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