Business Combinations (Tables)

9 Months Ended

Sep. 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	$	86,444
Property, plant, and equipment	27,670
Other long-term assets ⁽¹⁾	(290		)

Identifiable intangible assets
Core-developed technology	81,900			5
Customer contract and relationships	134,000			10
Trademark and trade names	10,800			3
Total identified intangible assets subject to amortization	226,700			8
In-process research and development (IPR&D)	14,400
Total identified intangible assets	241,100

Goodwill	570,790
Current liabilities	(90,034		)
Customer contract and relationships	(23,900		)	5
Long-term liabilities	(2,565		)
Total net assets acquired	$	809,215

⁽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:



	Three Months Ended September 30, 2018			January 5, 2018 - September 30, 2018
	(in thousands)
Revenues	$	89,789		$	249,315
Net loss	(10,738		)	(54,411		)

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 September 30,				Nine Months Ended September 30,
	2018		2017		2018			2017
	( in thousands)
Revenues	$	595,962	$	534,315	$	1,789,073		$	1,826,824
Net income (loss)	19,882		5,462		(108,427		)	(1,532		)