XML 66 R50.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Business Combination (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Business Combinations [Abstract] |
Purchase Price Allocation | Management's purchase price allocation was the following:
(in thousands) | Estimated Lives |  | Fair Value
Cash and cash equivalents |  |  | $ | 685 |
Accounts receivable |  |  | 374 |
Inventories |  |  | 1,412 |
Prepaid expenses and other current assets |  |  | 253 |
Property, plant and equipment | 1-4 years |  | 16 |
Non-interest bearing liabilities |  |  | (1,557 | )
Net tangible assets acquired |  |  | 1,183 |
Trade name | 7 years |  | 400 |
Developed technology | 4-14 years |  | 9,080 |
Customer relationships | 5 years |  | 1,300 |
Goodwill |  |  | 12,564 |
Total purchase price |  |  | 24,527 |
Noncontrolling interest in Encore |  |  | (378 | )
Net purchase price |  |  | 24,149 |
Less: Contingent consideration |  |  | (11,200 | )
Cash paid |  |  | $ | 12,949 |
Business Combination, Pro Forma Results |
|  | Year Ended December 31,
(In thousands, except per-share amounts) |  | 2015 |  | 2014
Net sales |  | $ | 606,872 |  |  | $ | 569,804 |
Net income |  | 28,947 |  |  | 31,861 |
Net income attributable to Universal Electronics Inc. |  | 28,886 |  |  | 31,456 |
Basic earnings per share attributable to Universal Electronics Inc. |  | 1.89 |  |  | 1.99 |
Diluted earnings per share attributable to Universal Electronics Inc. |  | 1.86 |  |  | 1.95 |

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=65885119&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 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
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration