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Acquisitions and Dispositions (Tables) | 9 Months Ended
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Dec. 31, 2013
Acquisition |
Schedule of adjusted pro forma effect of the acquisitions on the results of operations |
|  | Three Months Ended December 31, |  | Nine Months Ended December 31, |
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |
Revenues |  | $ | 14,777 |  | $ | 14,074 |  | $ | 43,559 |  | $ | 42,476 |
Net income |  | 2,112 |  | 2,116 |  | 6,849 |  | 6,982 |
Net Income per common share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.62 |  | $ | 0.63 |  | $ | 2.01 |  | $ | 2.08 |
Diluted |  | 0.58 |  | 0.60 |  | 1.91 |  | 1.98 |
Amega Scientific |
Acquisition |
Schedule of purchase price allocation | The following reflects our preliminary allocation of the consideration, subject to customary purchase price adjustments in accordance with the Amega Agreement (in thousands):
Cash consideration |  | $ | 11,268 |
Holdback payment liability |  | 1,000 |
Contingent consideration liability |  | 500 |
Aggregate consideration |  | $ | 12,768 |
The purchase price was allocated as follows:
Accounts receivable, net |  | $ | 734 |
Inventories, net |  | 410 |
Prepaid expenses and other |  | 11 |
Property, plant and equipment, net |  | 115 |
Intangibles, net |  | 5,838 |
Goodwill |  | 6,756 |
Accrued salaries and payroll taxes |  | (53 | )
Unearned revenues |  | (1,043 | )
Total purchase price allocation |  | $ | 12,768 |
Tempsys |
Acquisition |
Schedule of purchase price allocation | The following reflects our preliminary allocation of the consideration, subject to customary purchase price adjustments in accordance with the TempSys Agreement (in thousands): The purchase price was allocated as follows:
Cash |  | $ | 57 |
Accounts receivable, net |  | 838 |
Inventories, net |  | 447 |
Prepaid expenses and other |  | 21 |
Property, plant and equipment, net |  | 25 |
Deferred income taxes |  | 585 |
Intangibles, net |  | 6,135 |
Goodwill |  | 6,954 |
Accounts payable |  | (255 | )
Accrued salaries and payroll taxes |  | (2,134 | )
Unearned revenues |  | (485 | )
Other accrued expenses |  | (135 | )
Deferred income taxes |  | (2,227 | )
Total purchase price allocation |  | $ | 9,826 |
ST Acquisitions |
Acquisition |
Schedule of purchase price allocation | The following reflects our allocation of the consideration in accordance with the Suretorque Agreement (in thousands):
Cash consideration |  | $ | 1,721 |
Holdback payment liability |  | 100 |
Aggregate consideration |  | $ | 1,821 |
The purchase price was allocated as follows:
Inventories, net |  | $ | 230 |
Property, plant and equipment, net |  | 7 |
Intangibles, net |  | 1,005 |
Goodwill |  | 579 |
Total purchase price allocation |  | $ | 1,821 |
Bios |
Acquisition |
Schedule of purchase price allocation | The following reflects our allocation of the consideration 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, net |  | 63 |
Intangibles, net |  | 8,200 |
Goodwill |  | 9,190 |
Other accrued expenses |  | (69 | )
Total purchase price allocation |  | $ | 18,800 |

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- 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/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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