XML 44 R30.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Acquisitions (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2018
Business Acquisition [Line Items] |
Schedule of Supplemental Pro Forma Results of Operations | These unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the Company would have been if the acquisitions and related financing transactions had occurred on the date assumed, nor are they indicative of future results of operations.
|  | For the year ended June 30, |
(in thousands) |  | 2018 (Unaudited) |  |  | 2017 (Unaudited) |
Revenues |  | $ | 176,643 |  |  | $ | 165,471 |
Net income |  |  | 5,770 |  |  |  | 6,504 |
Western State Design Acquisition [Member] |
Business Acquisition [Line Items] |
Schedule of Purchase Price | The computation of the purchase price consideration and the allocation thereof to the net assets acquired are presented in the following tables (in thousands):
Purchase price consideration: |  |  |
Cash consideration, net of cash acquired(a) |  | $ | 13,394 |
Stock consideration(b) |  |  | 16,053 |
Total purchase price consideration, net of cash acquired |  | $ | 29,447 |
(a) Includes $18.5 million, net of $5.1 million of cash acquired. (b) Calculated as 2,044,990 shares of common stock, multiplied by $7.85, the closing price of the Company’s common stock on the closing date.
Schedule of Allocation of Purchase Price Consideration |
Allocation of purchase price consideration: |  |  |
Accounts receivable |  | $ | 8,597 |
Inventory |  |  | 3,429 |
Other assets |  |  | 2,623 |
Property, plant and equipment |  |  | 879 |
Intangible assets |  |  | 6,464 |
Accounts payable and accrued expenses |  |  | (6,549 | )
Customer deposits |  |  | (4,247 | )
Billings in excess of costs on uncompleted contracts |  |  | (3,888 | )
Total identifiable net assets |  |  | 7,308 |
Goodwill |  |  | 22,139 |
Total |  | $ | 29,447 |
Tri-State Technical Services [Member] |
Business Acquisition [Line Items] |
Schedule of Purchase Price | The computation of the purchase price consideration and the preliminary allocation of the consideration to the net assets acquired are presented in the following tables (in thousands):
Purchase price consideration: |  |  |
Cash consideration, net of cash acquired(a) |  | $ | 6,474 |
Stock consideration(b) |  |  | 9,027 |
Total purchase price consideration, net of cash acquired |  | $ | 15,501 |
(a) Includes $8,250,000 paid net of $1.8 million of cash acquired. (b) Calculated as 338,115 shares of the Company’s common stock, multiplied by $26.70, the closing price of the Company’s common stock on the closing date.
Schedule of Allocation of Purchase Price Consideration |
Allocation of purchase price consideration: |  |  |
Accounts receivable |  | $ | 3,416 |
Inventory |  |  | 3,050 |
Other assets |  |  | 1,565 |
Property, plant and equipment |  |  | 805 |
Intangible assets |  |  | 5,200 |
Accounts payable and accrued expenses |  |  | (2,220 | )
Customer deposits |  |  | (1,289 | )
Total identifiable net assets |  |  | 10,527 |
Goodwill |  |  | 4,974 |
Total |  | $ | 15,501 |
AA Acquisition [Member] |
Business Acquisition [Line Items] |
Schedule of Purchase Price | The computation of the purchase price consideration and the preliminary allocation of the consideration to the net assets acquired are presented in the following tables (in thousands):
Purchase price consideration: |  |  |
Cash consideration, net of cash acquired(a) |  | $ | 7,175 |
Stock consideration(b) |  |  | 12,349 |
Total purchase price consideration, net of cash acquired |  | $ | 19,524 |
(a) Includes $8,119,000 paid at closing (inclusive of a preliminary working capital adjustment) net of $0.9 million of cash acquired. (b) Calculated as 348,360 shares of the Company’s common stock, multiplied by $35.45, the closing price of the Company’s common stock on the closing date.
Schedule of Allocation of Purchase Price Consideration |
Allocation of purchase price consideration: |  |  |
Accounts receivable |  | $ | 2,850 |
Inventory |  |  | 2,816 |
Other assets |  |  | 2,966 |
Property, plant and equipment |  |  | 771 |
Intangible assets |  |  | 4,300 |
Accounts payable and accrued expenses |  |  | (1,228 | )
Customer deposits |  |  | (285 | )
Total identifiable net assets |  |  | 12,190 |
Goodwill |  |  | 7,334 |
Total |  | $ | 19,524 |

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=84161108&loc=d3e4845-128472 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=evi_WesternStateDesignAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=evi_TriStateTechnicalServicesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=evi_AAdvantageAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |