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Acquisition (Tables) | 3 Months Ended
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Mar. 31, 2018 | Mar. 31, 2017
Business Combinations [Abstract] |  |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the final fair value measurement of the assets acquired and liabilities assumed as of the date of acquisition:
ASSETS |  |
Receivables |  | $ | 39,984 |
Inventories |  | 46,442 |
Other Current Assets |  | 7,456 |
Assets Held for Sale |  | 2,247 |
Property, Plant and Equipment |  | 63,890 |
Intangible Assets Subject to Amortization: |  |
Trade Name |  | 26,753 |
Customer Lists |  | 123,061 |
Technology |  | 9,631 |
Other Assets |  | 2,000 |
Total Identifiable Assets Acquired |  | 321,464 |
LIABILITIES |  |
Accounts Payable |  | 32,227 |
Accrued Expenses |  | 18,130 |
Deferred Income Taxes |  | 56,950 |
Other Liabilities |  | 10,964 |
Total Identifiable Liabilities Assumed |  | 118,271 |
Net Identifiable Assets Acquired |  | 203,193 |
Noncontrolling Interest |  | (1,896 | )
Goodwill |  | 152,472 |
Total Purchase Price, net of Cash Acquired |  | $ | 353,769 |
Schedule of Pro Forma Financial Information |  | The following unaudited pro forma financial information presents the combined results of operations of Tennant Company as if the 2017 acquisition of the IPC Group had occurred as of January 1, 2016. The unaudited pro forma financial information is presented for informational purposes only. It is not necessarily indicative of what our consolidated results of operations actually would have been had the acquisition occurred at the beginning of fiscal 2016. No pro forma results are presented for the three months ended March 31, 2018 as the results of the acquired company are included in the actual three month results.
Pro Forma Financial Information (Unaudited)
| Three Months Ended
(In thousands, except per share data) | March 31
| 2017
Net Sales |
Pro forma | $ | 245,120 |
As reported | 191,059 |
Net Loss Attributable to Tennant Company |
Pro forma | $ | (2,426 | )
As reported | (3,957 | )
Net Loss Attributable to Tennant Company per Share |
Pro forma | $ | (0.14 | )
As reported | (0.22 | )

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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=79982066&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=84161108&loc=d3e4845-128472 + Details
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