XML 46 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisition (Tables)
12 Months Ended
Sep. 30, 2017
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
The following table summarizes the final values of SMART Temps assets acquired and liabilities assumed as of the acquisition date (in thousands):
Cash
$
28,754

Fair value of contingent consideration on acquired business
10

Working capital adjustment
124

Total purchase price consideration
$
28,888

 
 
Fair value of net tangible assets acquired
$
761

Fair value of identifiable intangible assets acquired:
 
Purchased and core technology
4,000

Customer relationships
4,000

Trade name and trademarks
711

Non-compete agreements
600

Goodwill
18,816

Total
$
28,888

The following table summarizes the final values of FreshTemp assets acquired and liabilities assumed as of the acquisition date (in thousands):
Cash
$
1,697

Purchase price payable upon completion of diligence matters
303

Fair value of contingent consideration on acquired business
1,300

Working capital adjustment
(37
)
Total purchase price consideration
$
3,263

 
 
Fair value of net tangible assets acquired
$
(37
)
Fair value of identifiable intangible assets acquired:
 
Purchased and core technology
400

Customer relationships
250

Goodwill
2,650

Total
$
3,263

Business Acquisition, Pro Forma Information
The following consolidated pro forma information is as if the acquisition had occurred on October 1, 2015 (in thousands):
 
 
Fiscal year ended September 30,
 
 
2017
 
2016
Revenue
 
$
182,568

 
$
207,494

Income from continuing operations
 
$
8,675

 
$
11,370

Net income
 
$
8,675

 
$
14,600