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Business Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the approximate fair values of the assets acquired and liabilities assumed at the date of acquisition and incorporates the measurement period adjustments since they were originally reported in our Form 10-Q for the period ended June 30, 2014. The fair value of the assets and liabilities assumed, and the related tax balances, are based on their estimated fair values as of the acquisition date.
 
 
As Reported on June 30, 2014
Measurement Adjustments
Final Purchase Price Allocation
Current assets
 
$
2,365

$
26

$
2,391

Property, plant and equipment
 
281

(281
)
—

Identifiable intangible assets
 
—

5,158

5,158

Current and long-term liabilities assumed
 
(2,035
)
(1,900
)
(3,935
)
Total identifiable net assets acquired
 
611

3,003

3,614

Goodwill
 
7,468

(3,003
)
4,465

     Total assets acquired
 
$
8,079

$
—

$
8,079
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The fair value assigned to finite lived intangible assets as a result of the acquisitions was as follows:
Description
 
Amount
Useful Life (Years)
Order backlog
 
$
1,172

1.0
Trademarks
 
90

2.0
Customer relationships
 
870

4.0
Developed technology
 
3,230

7.0
Net assumed contractual obligations
 
(204
)
1.0
Total identifiable assets acquired
 
$
5,158

5.3
Business Acquisition, Pro Forma Information
The following table summarizes the net sales and earnings after income taxes of PECO and FGC since the acquisition date, April 30, 2014 through December 31, 2014, which is included in the consolidated statements of operations for the years ended December 31, 2014:
 
Year Ended December 31, 2014
Revenue
$
4,193

Net income (loss)
(120
)
 
 
Net loss per Common Share
 
      Basic
$
—

      Diluted
$
—


The following unaudited pro-forma information represents the Company's results of operations as if the acquisition date had occurred on January 1, 2013:
 
 
Year Ended December 31,
 
 
2014
 
2013
Revenue
 
$
84,713

 
$
122,723

Net income / (loss)
 
(15,596
)
 
6,508

 
 
 
 
 
Net income / (loss) per Common Share
 
 
 
 
      Basic
 
$
(0.68
)
 
$
0.29

      Diluted
 
$
(0.68
)
 
$
0.29