Business Combinations (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The following reflects our preliminary allocation of purchase price as of June 1, 2017:



	Fair Value			Weighted Average Useful Life
	(in thousands)			(in years)
Current assets	$	15,118
Property, plant, and equipment	2,275
Other long-term assets	832

Identified intangible assets
Core-developed technology	19,250			8
Customer contracts and relationships	12,230			10
Trademarks and trade names	4,310			15
Total identified intangible assets subject to amortization	35,790			10
In-process research and development (IPR&D)	710
Total identified intangible assets	36,500

Goodwill	60,286
Current liabilities	(10,787		)
Long-term liabilities	(4,747		)
Total net assets acquired	$	99,477

Schedule Of Revenues and Earnings Attributable to an Acquired Business [Table Text Block]

The following table presents the revenues and net income from Comverge's operations that are included in our Consolidated Statements of Operations:



	June 1, 2017 - June 30, 2017
	(in thousands)
Revenues	$	4,796
Net income (loss)	(1,786		)

Business Acquisition, Pro Forma Information [Table Text Block]

The following supplemental pro forma results are based on the individual historical results of Itron and Comverge, with adjustments to give effect to the combined operations as if the acquisition had been consummated on January 1, 2016.



	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
	( in thousands)
Revenues	$	511,024	$	527,754	$	1,002,786	$	1,038,934
Net income	18,954		19,639		34,061		24,755