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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