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BUSINESS ACQUISITION
6 Months Ended
Jun. 30, 2012
Business Acquisition [Abstract]  
Business Acquisition
NOTE 2.  BUSINESS ACQUISITION

On June 30, 2011, the Company completed an acquisition by merger of 100% of the outstanding shares of High Performance Technologies, Inc. ("HPTi") for $143 million in cash plus net working capital of $3.4 million.  HPTi is a leading provider of high-end technology services to the federal healthcare and military technology markets. The merger strengthens and expands the Company's market presence as a provider of high-end services and solutions in the federal market.

The following pro forma results of operations have been prepared as though the merger of HPTi had occurred on January 1, 2010. These pro forma results include adjustments for interest expense and amortization of deferred financing costs on the term loan used to finance the transaction, amortization expense for the identifiable intangible asset determined in the independent appraisal and the effect of income taxes.  This pro forma information does not purport to be indicative of the results of operations that would have been attained had the merger been made as of January 1, 2010, or of results of operations that may occur in the future.

 
 
Three
  
Six
 
 
 
Months
  
Months
 
 
 
Ended
  
Ended
 
 
 
June 30,
  
June 30,
 
 
  
2011
   
2011
 
Revenue
 
96,119
  
191,563
 
Operating income
 
7,431
  
14,366
 
Net income
 
2,612
  
4,992
 
 
        
Earnings per common share:
        
Basic
 
0.26
  
0.50
 
Diluted
 
0.26
  
0.49