Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Business Acquisitions, by Acquisition

A summary of the acquisitions is as follows:

		Net Assets
		Acquired
Business Acquired	Closing	(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

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 year ended December 31, 2015 (in thousands):

	Weighted Average
	Amortization Years	2014 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 year ended December 31, 2015		$	1,304

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The major classes of intangible assets arising from the acquisition of Harmonics and Pacific, their respective amortization periods, and the amount of amortization expense recognized during the year ended December 31, 2015 (in thousands):

	Weighted Average		Harmonics
	Amortization Years		Acquisition
Acquired Intangible Assets
Customer relationships		10	$	319
Non-compete agreements		5		75
Developed technology		10		492
Trademark		Indefinite		26
Technology-related industry accreditations		Indefinite		83


			$	995

Amortization expense recorded during the year ended December 31, 2015			$	99

	Weighted Average Amortization Years		Pacific Acquisition
Acquired Intangible Assets
Customer relationships		7	$	400
Non-compete agreements		7		100
Technology-related industry accreditations		Indefinite		1,000

			$	1,500

Amortization expense recorded during the year ended December 31, 2015			$	30

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		2,969
Total assets acquired		12,247
Current liabilities		(7,131)
Notes payable		(3,158)
Net assets acquired	$	1,958

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 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		Pacific
	Acquisition		Acquisition
Purchase Price
Cash consideration	$	93	$	2,013
Forgiveness of trade payables and indebtedness due to purchaser		609		-
Deferred payments due to seller		341		-
	$	1,043	$	2,013

Purchase Price Allocation
Current assets	$	21	$	18
Property, plant and equipment		4		147
Intangible assets		995		1,500
Goodwill		23		348
Total assets acquired		1,043		2,013
Current liabilities		-		-
Net assets acquired	$	1,043	$	2,013