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Note 12 - Significant Transactions - Unaudited Pro Forma Information (Details)
$ in Thousands
6 Months Ended
Sep. 30, 2019
USD ($)
Pro forma net income (2) $ 6,435 [1]
GPT Acquisition [Member]  
Pro forma total revenues (1) $ 67,907 [2]
[1] Pro forma adjustments to net earnings attributable to Mesa Labs include the following: Excludes interest expense attributable to GPT's external debt that was paid off as part of the acquisition. Additional amortization expense of $4,057 for the six months ended September 30, 2019 based on the increased fair value of amortizable intangible assets acquired. For the six months ended September 30, 2019, $351 additional stock based compensation expense representing expense for performance share units awarded to certain key GPT employees. Income tax effect of the adjustments made at a blended federal and state statutory rate (approximately 25%).
[2] Net revenues were adjusted to include net revenues of GPT.