AMN HEALTHCARE SERVICES INC - 10-Q filing on 2016-11-04

Business Combinations (Tables)

9 Months Ended

Sep. 30, 2016

Summary of Fair Value and Useful Life of Each Intangible Asset Acquired

The following table summarizes the fair value and useful life of each intangible asset acquired:



		Fair Value		Useful Life
				(in years)
Identifiable intangible assets
	Tradenames and Trademarks	$	8,100	3 - 15
	Customer Relationships	17,600		10 - 15
	Staffing Database	2,600		5
	Acquired Technologies	1,700		8
	Non-Compete Agreements	219		2
		$	30,219

The following table summarizes the fair value and useful life of each intangible asset acquired:



		Fair Value	Useful Life
			(in years)
Identifiable intangible assets
	Tradenames and Trademarks	$26,300	20
	Customer Relationships	25,700	12
	Staffing Database	13,000	10
	Non-Compete Agreements	900	5
		$65,900

Business Acquisition, Pro Forma Information

The following summary presents unaudited pro forma consolidated results of operations of the Company for the three and nine months ended September 30, 2015 as if the BES acquisition had occurred on January 1, 2015, which gives effect to certain adjustments, including the reduction of compensation expense related to non-recurring executive salary expense and the addition of acquisition-related costs and amortization of intangible assets. The pro forma financial information is not necessarily indicative of the operating results that would have occurred had the acquisition been consummated as of the date indicated, nor is it necessarily indicative of our future operating results.



	Three Months Ended September 30, 2015		Nine Months Ended September 30, 2015
Revenue	$	407,172	$	1,127,939
Income from operations	$	39,172	$	96,071
Net income	$	32,947	$	60,810
Net income per common share:
Basic	$	0.69	$	1.28
Diluted	$	0.67	$	1.25