Annual report pursuant to Section 13 and 15(d)

Subsequent Events (Tables)

v2.4.1.9
Subsequent Events (Tables)
 12 Months Ended
Dec. 31, 2014
Subsequent Events [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
We expect to account for the transaction as a business combination and have not completed the purchase accounting for the Acquisition. We plan to file the required historical financial statements of the Acquisition and the required pro forma financial statements of the combined results of the Company and the Acquisition in a Form 8-K/A to amend the Current Report on Form 8-K filed on January 30, 2015 by April 13, 2015. Preliminary estimates of valuations are as follows (in thousands):

   
Fair Value
  
Tangible assets acquired
  
$
80,000
  
Liabilities assumed
    
12,000
  
   Identifiable net assets acquired
  
$
68,000
  
         
Purchase price:
        
    Cash paid
  
$
189,000
  
    Less identifiable net assets acquired
    
(68,000
)
Excess of purchase price over net assets  acquired, allocated to intangibles and goodwill
  
$
121,000