Business Combinations (Tables)

6 Months Ended

Jun. 30, 2018

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following reflects our preliminary allocation of purchase price as of January 5, 2018:



	Fair Value			Weighted Average Useful Life
	(in thousands)			(in years)
Current Assets	$	86,783
Property, plant, and equipment	27,670
Other long-term assets ⁽¹⁾	(1,578		)

Identifiable intangible assets
Core-developed technology	81,900			5
Customer contract and relationships	133,500			10
Trademark and trade names	10,800			3
Total identified intangible assets subject to amortization	226,200			8
In-process research and development (IPR&D)	14,400
Total identified intangible assets	240,600

Goodwill	572,870
Current liabilities	(91,301		)
Customer contract and relationships	(23,900		)	5
Long-term liabilities	(1,928		)
Total net assets acquired	$	809,216


⁽¹⁾	Reflects adjustments to deferred tax assets and liabilities, net as a result of the acquisition, and is classified as part of our overall consolidated deferred tax asset. This unfavorable deferred tax asset more than offsets the fair value of other noncurrent assets acquired.

SIlver Spring Networks, Inc. [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Schedule Of Revenues and Earnings Attributable to an Acquired Business

The following table presents the revenues and net loss from SSNI operations that are included in our Consolidated Statements of Operations:



	April 1, 2018 - June 30, 2018			January 5, 2018 - June 30, 2018

Revenues	$	73,643		$	159,526
Net loss	(13,919		)	(43,672		)

Business Acquisition, Pro Forma Information

The following supplemental pro forma results are based on the individual historical results of Itron and SSNI, with adjustments to give effect to the combined operations as if the acquisition had been consummated on January 1, 2017.



	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018			2017
	( in thousands)
Revenues	$	585,890	$	764,654	$	1,193,111		$	1,292,509
Net income (loss)	2,657		20,240		(128,309		)	(6,994		)

Comverge [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Business Acquisition, Pro Forma Information

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,
	2018		2017		2018			2017
	( in thousands)
Revenues	$	585,890	$	511,024	$	1,193,111		$	1,002,786
Net income (loss)	2,657		18,954		(143,009		)	34,061