Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Business Acquisitions, by Acquisition

A summary of the acquisitions is as follows:



Business Acquired	Closing	Net Assets Acquired (in 000s)		Segment	Primary Form of Consideration
Titan Energy Worldwide, Inc.	12/02/14	$	1,958	Critical Power	Cash/stock
Harmonics Holdings Inc.	01/16/15		1,202	T&D Solutions	Seller note/debt forgiveness
Pacific Power Systems Integration, Inc.	08/01/15		2,013	T&D Solutions	Cash
		$	5,173

Titan Energy Worldwide Inc. [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the consideration paid for the Titan acquisition and presents the allocation of the amount to the net tangible and identifiable intangible assets based on their estimated fair values as of December 2, 2014 (in thousands):



	Titan Acquisition
Purchase Price
Cash consideration	$	953
Common stock consideration		1,005
	$	1,958

Purchase Price Allocation
Current assets, including cash and cash equivalents of $0.1 million	$	3,721
Property, plant and equipment		410
Identifiable intangible assets		5,147
Goodwill		2,893
Total assets acquired		12,171
Current liabilities		(7,055)
Notes payable		(3,158)
Net assets acquired	$	1,958

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The major classes of intangible assets arising from the acquisition of Titan, their respective amortization periods, and the amount of amortization expense recognized during the nine months ended September 30, 2015 are as follows (in thousands):



	Weighted Average Amortization Years	Titan Acquisition
Acquired Intangible Assets
Customer relationships	4	$	4,320
Distributor territory license	4		474
Internally developed software	7		289
Trade names	1		64
		$	5,147

Amortization expense recorded during the nine months ended September 30, 2015		$	978

Harmonics Holdings Inc. [Member]

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the consideration paid for the Harmonics and Pacific acquisitions and presents the preliminary allocation of the amount to the net tangible and identifiable intangible assets based on their estimated fair values as of January 16, 2015 and August 1, 2015, respectively (in thousands):



	Harmonics Acquisition		Pacific Acquisition
Purchase Price
Cash consideration	$	93	$	2,013
Forgiveness of trade payables and indebtedness due to purchaser		609		-
Deferred payments due to seller		500		-
	$	1,202	$	2,013

Purchase Price Allocation
Current assets	$	21	$	18
Property, plant and equipment		4		147
Goodwill		1,177		1,848
Total assets acquired		1,202		2,013
Current liabilities		-		-
Net assets acquired	$	1,202	$	2,013