Merger with Pioneer Surgical Technology, Inc. (Tables)
 12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Summary of Purchase Price

The purchase price was financed as follows:

 

     (In thousands)  

Cash proceeds from term loan

    $ 60,000   

Net cash proceeds from preferred share issuance

      48,710   

Cash from RTI Surgical

      17,597   
  

 

 

  

Total purchase price

    $ 126,307   
  

 

 

  
Allocation of the Total Consideration of Tangible and Intangible Assets and Liabilities

The table below represents an allocation of the total consideration to Pioneer’s tangible and intangible assets and liabilities based on management’s preliminary estimate of their respective fair values as of July 16, 2013.

 

Inventories

    $ 35,972   

Accounts receivable

      10,567   

Other current assets

      6,059   

Property, plant and equipment

      15,258   

Other assets

      13,260   

Current liabilities

      (10,893 ) 

Other long-term liabilities

      (19,841 ) 
  

 

 

  

Net tangible assets acquired

      50,382   

Other intangible assets

      23,100   

Goodwill

      52,825   
  

 

 

  

Total net assets acquired

    $ 126,307   
  

 

 

  
Unaudited Pro Forma Information of the Company's Operations

The following unaudited pro forma information shows the results of the Company’s operations as though the acquisition had occurred as of the beginning of that period (in thousands, except per share data):

 

     December 31,  
     2013     2012  

Revenues

    $ 243,001      $ 266,293   

Net (loss) income applicable to common shares

      (5,597 )      4,636   

Basic net (loss) income per share

      (0.10 )      0.08   

Diluted net (loss) income per share

      (0.10 )      0.08