XML 61 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Combinations Business Combinations (Tables)
12 Months Ended
Dec. 31, 2017
Business Acquisition [Line Items]  
Schedule of Business Acquisitions, by Acquisition [Table Text Block]
The following reflects our final 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
1,879

 
 
 
 
 
 
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

 
 
In-process research and development (IPR&D)
710

 
 
Total identified intangible assets
36,500

 
 
 
 
 
 
Goodwill
59,675

 
 
Current liabilities
(10,787
)
 
 
Long-term liabilities
(4,645
)
 
 
Total net assets acquired
$
100,015

 
 
Schedule Of Revenues and Earnings Attributable to an Acquired Business [Table Text Block]
The following table presents the revenues and net income (loss) from Comverge's operations that are included in our Consolidated Statements of Operations:

 
June 1, 2017 - December 31, 2017
 
 
Revenues
$
32,436

Net income (loss)
(2,448
)
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.

 
Year Ended December 31,
 
2017
 
2016
 
 
Revenues
$
2,040,309

 
$
2,072,695

Net income
64,230

 
24,415