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ACQUISITIONS (Tables) - Dynamic Controls | 9 Months Ended
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Sep. 30, 2020
ACQUISITIONS |
Schedule of purchase price allocation and estimated fair value of the assets acquired | The preliminary allocation of the purchase price paid for Dynamic Controls is based on estimated fair values of the assets acquired and liabilities assumed of Dynamic Controls as of March 7, 2020 is as follows (in thousands): ​
​ | ​ | ​ | ​
Cash and cash equivalents |  | $ | 11,437
Accounts receivable | ​ | ​ | 4,129
Inventory | ​ | ​ | 3,329
Other assets, net | ​ |  | 769
Property, plant and equipment | ​ |  | 1,185
Right of use assets | ​ | ​ | 2,735
Intangible assets | ​ | ​ | 7,800
Goodwill | ​ |  | 6,629
Current liabilities | ​ | ​ | (7,354)
Lease liabilities | ​ | ​ | (2,739)
Net deferred income tax liabilities | ​ | ​ | (1,755)
Net purchase price | ​ | $ | 26,165
Schedule of unaudited pro forma financial information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended | ​ | Nine months ended
​ | ​ | September 30, | ​ | September 30,
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019
Revenues | ​ | $ | 94,653 | ​ | $ | 104,277 | ​ | $ | 278,858 | ​ | $ | 306,191
Net income | ​ | $ | 3,976 | ​ | $ | 4,805 | ​ | $ | 11,569 | ​ | $ | 12,762
Earnings per share - basic | ​ | $ | 0.42 | ​ | $ | 0.51 | ​ | $ | 1.22 | ​ | $ | 1.36
Earnings per share - diluted | ​ | $ | 0.42 | ​ | $ | 0.51 | ​ | $ | 1.21 | ​ | $ | 1.35

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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