Acquisitions (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Accordingly, the assets acquired and liabilities assumed were based on their historical values as of August 23, 2016. NG&E acquired the Major Energy Companies on April 15, 2016 and the fair value of the net assets acquired were as follows (in thousands):



Cash	$	17,368
Property and equipment	14
Intangible assets - customer relationships & non-compete agreements	24,271
Other assets - trademarks	4,973
Non-current deferred tax assets	1,042
Goodwill	35,137
Net working capital, net of cash acquired	(6,345		)
Fair value of derivative liabilities	(7,260		)
Total	$	69,200

The allocation of the purchase consideration is as follows (in thousands):



Cash	$	51
Net working capital, net of cash acquired	1,229
Intangible assets - customer relationships and non-compete agreements	24,417
Intangible assets - trademark	529
Goodwill	26,040
Fair value of derivative liabilities	(18,163		)
Total	$	34,103

Business Acquisition, Pro Forma Information

The following unaudited pro forma revenue and earnings summary presents consolidated information of the Company as if the acquisition had occurred on January 1, 2015 (in thousands):



	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2016	2015	2016	2015

Revenue	$158,094	$136,590	$434,997	$411,357

Earnings	$2,878	$2,567	$17,071	$6,503