Business Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

The following table summarizes the fair values of the assets acquired and the liabilities assumed at the date of acquisition:



	Fair Values at October 28, 2015
Current assets	$	555
Property, plant and equipment	29
Goodwill	1,818
In-process research and development intangible asset	2,200
Other assets	8
Fair value of assets acquired	4,610
Less fair value of liabilities acquired	(1,205		)
Less fair value of contingent consideration	(1,550		)
Net cash paid	$	1,855

Results of operations for CTG-AM are included in our consolidated financial statements beginning on March 11, 2016. The amount of net sales and net loss from CTG-AM since the acquisition date that have been included in the Consolidated Statements of Earnings are as follows:



	For the period March 11, 2016 through December 31, 2016
Net sales	$	12,299
Net earnings	$	1,357

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following table summarizes the carrying amounts and weighted average lives of the acquired intangible assets:



	Carrying Value	Weighted Average Amortization Period (in years)
Developed technology	23,730	15.0
Customer relationships and contracts	11,502	14.6
Other	195	0.8
Total	35,427	14.8

Business Acquisition, Pro Forma Information [Table Text Block]

The unaudited pro forma amounts below include CTG-AM's revenues and earnings that would have been included in our Consolidated Statement of Earnings had the acquisition date been January 1, 2015.



	December 31, 2016 (Unaudited Proforma)		December 31, 2015 (Unaudited Proforma)
Net sales	$	398,990	$	395,495
Net earnings	$	34,321	$	8,800

Earnings per share:
Basic	$	1.05	$	0.27
Diluted	$	1.03	$	0.26