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Acquisitions (Tables)
 3 Months Ended
Sep. 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 ILS Acquisition and SEI Acquisition had occurred on the date assumed, nor are they indicative of future results of operations.

 

   For the three months ended
September 30,
(in thousands)  2018
(Unaudited)		  2017
(Unaudited)
Revenues  $48,557   $32,591 
Net income   963    767 
SEI 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)  $3,711 
Stock consideration(b)   9,436 
Total purchase price consideration, net of cash acquired  $13,147 
      

(a)Includes $6,500,000 paid net of $2.8 million of cash acquired.

(b)Calculated as 209,678 shares of the Company’s common stock, multiplied by $45.00, 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  $2,753 
Inventory   1,595 
Other assets   99 
Property, plant and equipment   372 
Intangible assets   3,100 
Accounts payable and accrued expenses   (509)
Customer deposits   (398)
Total identifiable net assets   7,012 
Goodwill   6,135 
Total  $13,147