Purchase Price Allocation (Tables)

3 Months Ended

Mar. 31, 2015

Purchase Price Allocation

Schedule of Assets acquired and Liabilities assumed

Purchase Price Allocation, in thousands (000)	At Acquisition Date		At Acquisition Date		Net Book Value  (at March 31, 2015)
Cash	€	2,100	$	2,700	$	2,260
Bank loan (Sparkasse)	3,600		4,700		3,874
Total purchase price consideration	€	5,700	$	7,400	$	6,134
Provisional amounts assigned to assets acquired:
Land	647		800		727
Buildings	4,460		5,500		5,086
Property & equipment	593		1,100		640
	€	5,700	$	7,400	$	6,453

Schedule of unaudited proforma results of operation

	Three Months Ended
In thousands (000) except share and per share information	March 31, 2014
REVENUES	$	9,863
NET INCOME	$	650
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic	8,809,894
Diluted	9,121,982
EARNINGS PER COMMON SHARE:
Basic	$	0.07
Diluted	$	0.07