Quarterly report pursuant to Section 13 or 15(d)

Acquisition Acquisition (Tables)

v3.8.0.1
Acquisition Acquisition (Tables)
3 Months Ended
Mar. 31, 2018
Business Combinations [Abstract]  
Summary of Pro Forma Results
The following summary, prepared on a pro forma basis, combines the consolidated results of operations of the Company with those of CSC as if the acquisition took place on January 1, 2017. The pro forma consolidated results include the impact of certain adjustments, including increased interest expense on acquisition debt, amortization of purchased intangible assets and income taxes.
 
 
Unaudited
(in thousands, except earnings per share)
 
March 31, 2018
 
April 1, 2017 as reported
 
April 1, 2017 Pro Forma
Sales
 
$
179,059

 
$
152,396

 
$
164,604

Net income
 
$
3,294

 
$
11,587

 
$
10,352

Basic earnings per share
 
$
0.12

 
$
0.40

 
$
0.36

Diluted earnings per share
 
$
0.11

 
$
0.38

 
$
0.34