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Business Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2016
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the approximate fair values of the assets acquired and liabilities assumed at the date of acquisition and incorporates the measurement period adjustments since they were originally reported in our Form 10-Q for the period ended June 30, 2014. The fair value of the assets and liabilities assumed, and the related tax balances, are based on their estimated fair values as of the acquisition date.
|  | As Reported on June 30, 2014 | Measurement Adjustments | Final Purchase Price Allocation
Current assets |  | $ | 2,365 |  | $ | 26 |  | $ | 2,391 |
Property, plant and equipment |  | 281 |  | (281 | ) | — |
Identifiable intangible assets |  | — |  | 5,158 |  | 5,158 |
Current and long-term liabilities assumed |  | (2,035 | ) | (1,900 | ) | (3,935 | )
Total identifiable net assets acquired |  | 611 |  | 3,003 |  | 3,614 |
Goodwill |  | 7,468 |  | (3,003 | ) | 4,465 |
Total assets acquired |  | $ | 8,079 |  | $ | — |  | $ | 8,079 |
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination | The fair value assigned to finite lived intangible assets as a result of the acquisitions was as follows:
Description |  | Amount | Useful Life (Years)
Order backlog |  | $ | 1,172 |  | 1.0
Trademarks |  | 90 |  | 2.0
Customer relationships |  | 870 |  | 4.0
Developed technology |  | 3,230 |  | 7.0
Net assumed contractual obligations |  | (204 | ) | 1.0
Total identifiable assets acquired |  | $ | 5,158 |  | 5.3
Business Acquisition, Pro Forma Information | The following table summarizes the net sales and earnings after income taxes of PECO and FGC since the acquisition date, April 30, 2014 through December 31, 2014, which is included in the consolidated statements of operations for the years ended December 31, 2014:
| Year Ended December 31, 2014
Revenue | $ | 4,193 |
Net income (loss) | (120 | )
Net loss per Common Share |
Basic | $ | — |
Diluted | $ | — |
The following unaudited pro-forma information represents the Company's results of operations as if the acquisition date had occurred on January 1, 2014:
| Year Ended December 31, 2014
Revenue | $ | 84,713 |
Net income / (loss) | (15,596 | )
Net income / (loss) per Common Share |
Basic | $ | (0.68 | )
Diluted | $ | (0.68 | )

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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=65885119&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of finite-lived intangible assets acquired as part of a business combination or through an asset purchase, by major class and in total, including the value of the asset acquired, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + 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=73530397&loc=d3e4845-128472 + Details
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