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Business Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
Such changes could result in material variances between the Company's future financial results and the amounts presented in the unaudited pro forma information, including variances in estimated purchase price, fair values recorded, and expenses associated with these items.
 
 
Estimated Fair Values April 30, 2014
 
 
 
Current assets
 
$
2,365

Property, plant and equipment
 
281

Current liabilities assumed
 
(2,035
)
Total identifiable net assets acquired
 
611

Goodwill and other intangible assets
 
7,468

     Total assets acquired
 
$
8,079
Net Sales and Earnings
The following table summarizes the net sales and earnings before income taxes of PECO and FGC since the acquisition date, April 30, 2014, which is included in the consolidated statement of operations for the three and six months ended June 30, 2014:
 
 
Three and Six Months Ended June 30, 2014
Revenue
 
$
2,639

Net income
 
734

 
 
 
Net income per Common Share
 
 
      Basic
 
$
0.03

      Diluted
 
$
0.03
Business Acquisition, Pro Forma Information
The following unaudited pro forma information represents the Company's results of operations as if the acquisition date had occurred on January 1, 2013:
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
 
2014
 
2013
 
2014
 
2013
Revenue
 
$
21,906

 
$
31,181

 
$
44,548

 
$
57,099

Net income / (loss)
 
(295
)
 
1,044

 
(525
)
 
1,468

 
 
 
 
 
 
 
 
 
Net income / (loss) per Common Share
 
 
 
 
 
 
 
 
      Basic
 
$
(0.01
)
 
$
0.05

 
$
(0.02
)
 
$
0.07

      Diluted
 
$
(0.01
)
 
$
0.04

 
$
(0.02
)
 
$
0.06