XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Acquisitions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Business Combinations [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The following table summarizes the preliminary purchase price allocation for the Paragon Medical acquisition.
Fair value of assets acquired and liabilities assumed | As Reported on June 30, 2018 |  | Subsequent Adjustments |  | September 30, 2018
Cash and cash equivalents | $ | 13,418 |  |  | $ | 134 |  |  | $ | 13,552 |
Accounts receivable | 22,853 |  |  | (721 | ) |  | 22,132 |
Inventories | 23,606 |  |  | (98 | ) |  | 23,508 |
Other current assets | 937 |  |  | 734 |  |  | 1,671 |
Property, plant and equipment | 69,322 |  |  | (5,625 | ) |  | 63,697 |
Intangible assets subject to amortization | 164,200 |  |  | (700 | ) |  | 163,500 |
Other non-current assets | 3,304 |  |  | (129 | ) |  | 3,175 |
Goodwill | 157,421 |  |  | 5,017 |  |  | 162,438 |
Total assets acquired | $ | 455,061 |  |  | $ | (1,388 | ) |  | $ | 453,673 |
Current liabilities | $ | 16,767 |  |  | $ | 119 |  |  | $ | 16,886 |
Deferred tax liability | 46,713 |  |  | (1,407 | ) |  | 45,306 |
Other non-current liabilities | 620 |  |  | — |  |  | 620 |
Total liabilities assumed | $ | 64,100 |  |  | $ | (1,288 | ) |  | $ | 62,812 |
Net assets acquired | $ | 390,961 |  |  | $ | (100 | ) |  | $ | 390,861 |
Business Acquisition, Pro Forma Information | The provision for income taxes has also been adjusted for all periods, based upon the foregoing adjustments to historical results. The impact of adopting ASC 606 has been included based on an adoption date of January 1, 2018.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Pro forma net sales | $ | 205,683 |  |  | $ | 183,424 |  |  | $ | 626,414 |  |  | $ | 568,270 |
Pro forma income (loss) from continuing operations | $ | (11,830 | ) |  | $ | (8,436 | ) |  | $ | (31,909 | ) |  | $ | (52,840 | )
Pro forma net income (loss) | $ | (11,830 | ) |  | $ | 121,005 |  |  | $ | (31,909 | ) |  | $ | 87,355 |
Basic income (loss) from continuing operations per share | $ | (0.41 | ) |  | $ | (0.31 | ) |  | $ | (1.15 | ) |  | $ | (1.93 | )
Diluted income (loss) from continuing operations per share | $ | (0.41 | ) |  | $ | (0.31 | ) |  | $ | (1.15 | ) |  | $ | (1.93 | )

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/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=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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://www.xbrl.org/2003/role/presentationRef -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://www.xbrl.org/2003/role/presentationRef -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