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Acquisitions (Tables)
12 Months Ended
Mar. 31, 2013
Bios
 
Acquisition  
Schedule of purchase price allocation

The following reflects our allocation of the consideration, subject to customary purchase price adjustments in accordance with the Bios Agreement (in thousands):

 

Cash consideration

 

$

16,660

 

Contingent purchase price liability

 

2,140

 

Aggregate consideration

 

$

18,800

 

 

 

 

 

The purchase price was allocated as follows:

 

 

 

Accounts receivable, net

 

$

478

 

Inventories, net

 

910

 

Other current assets

 

28

 

Property, plant and equipment

 

63

 

Intangible assets

 

8,200

 

Goodwill

 

9,190

 

Current liabilities

 

(69

)

Total purchase price allocation

 

$

18,800

 

Schedule of pro forma effects of the acquisition on the results of operations

The pro forma effects of the acquisition on the results of operations as if the acquisition had been completed on April 1, 2012, 2011 and 2010, are as follows (in thousands, except per share data):

 

 

 

Year ended March 31,

 

 

 

2013

 

2012

 

2011

 

Total revenues

 

$

47,216

 

$

46,498

 

$

40,496

 

Net income

 

8,471

 

8,102

 

6,349

 

Net income per common share:

 

 

 

 

 

 

 

Basic

 

$

2.52

 

$

2.47

 

$

1.97

 

Diluted

 

2.36

 

2.34

 

1.91

 

Apex Laboratories, Inc.
 
Acquisition  
Schedule of purchase price allocation

The purchase price allocation was as follows (in thousands):

 

Accounts Receivable, net

 

$

544

 

Inventories, net

 

65

 

Property and equipment

 

49

 

Intangible assets

 

4,571

 

Goodwill

 

1,261

 

 

 

$

6,490

 

SGM Biotech, Inc.
 
Acquisition  
Schedule of purchase price allocation

The purchase price allocation was as follows (in thousands):

 

Accounts receivable, net

 

$

1,116

 

Inventories, net

 

758

 

Other assets

 

195

 

Property and equipment

 

1,035

 

Liabilities

 

(1,021

)

Deferred tax liability

 

(2,358

)

Intangible assets

 

5,434

 

Goodwill

 

6,924

 

 

 

$

12,083