v3.7.0.1
Business Combination (Tables)
3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the preliminary fair value of consideration transferred:
 
Consideration
 
(In thousands)
Cash, including proceeds from notes payable
$
139,917

Fair value of contingent consideration
18,000

Total consideration
$
157,917

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The preliminary allocation of the purchase price is as follows:
 
February 28, 2017
 
(In thousands)
Assets:
 
Cash and cash equivalents
$
656

Accounts receivable, net
5,745

Prepaid expenses and other assets
5,147

Property and equipment, net
4,399

Intangible assets
69,000

Goodwill
87,306

Total assets:
172,253

 
 
Liabilities:
 
Accounts payable
11,110

Other liabilities
3,226

Total liabilities:
14,336

 
 
Net assets acquired
$
157,917

Business Acquisition, Pro Forma Information
The pro forma results have been presented for comparative purposes only and are not

Note 3—Business Combination (continued)
indicative of what would have occurred had the UniRush acquisition been made as of January 1, 2016, or of any potential results which may occur in the future.
 
Three Months Ended March 31,
 
2017
 
2016
 
(In thousands, except per share data)
Net revenues
$
272,286

 
$
254,511

Net income attributable to common stock
$
33,294

 
$
28,127

Basic earnings per common share
$
0.66

 
$
0.56

Diluted earnings per common share
$
0.63

 
$
0.55

Basic weighted-average common shares issued and outstanding
50,458

 
49,863

Diluted weighted-average common shares issued and outstanding
52,497

 
50,867