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Acquisitions (Tables)
3 Months Ended
Sep. 30, 2018
Pro Forma Results of Acquisitions

Accordingly, these unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operation of the combined company would have been if the acquisition had occurred at the beginning of the period presented nor are they indicative of future results of operations and are not necessarily indicative of results that might have been achieved had the acquisition been consummated as of July 1, 2017.

 

 

Three months ended

 

 

 

September 30,

 

 

 

2018

 

 

2017

 

Revenue

 

$

212.5

 

 

$

209.5

 

Income from operations

 

 

11.5

 

 

 

69.6

 

Net income

 

 

8.6

 

 

 

61.3

 

Net income  per share, basic

 

$

0.11

 

 

$

0.86

 

Net income per share, diluted

 

$

0.11

 

 

$

0.84

 

 

Counsyl Inc [Member]  
Allocation of Consideration Transferred

The Company expects the allocation of the consideration transferred to be final within the measurement period (up to one year from the acquisition date).

 

 

Estimated Fair

Value

 

Current assets

 

$

42.5

 

Intangible assets

 

 

292.9

 

Equipment

 

 

18.9

 

Other assets

 

 

0.1

 

Goodwill

 

 

94.9

 

Current liabilities

 

 

(19.6

)

Long term liabilities

 

 

(0.1

)

Deferred tax liability

 

 

(7.3

)

Total fair value purchase price

 

$

422.3

 

Less: Cash acquired

 

 

(15.3

)

Total consideration transferred

 

$

407.0