In December 2002, the Company made adjustments to the purchase price allocation associated with the acquisition. These consisted of various adjustments to the opening balance sheet to accrue for certain obligations and contingencies and to write-off certain assets. These adjustments resulted in an approximately $1.8 million increase to goodwill. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS The following table represents selected unaudited pro forma combined financial information for the Company and Hyprotech, assuming the companies had combined at the beginning of fiscal 2001 (in thousands, except per share data): Pro forma results are not necessarily indicative of either actual results of operations that would have occurred had the acquisition been made at the beginning of fiscal 2001 or of future results. On April 30, 2002, the Company acquired 100% of Richardson Engineering Services, Inc. (Richardson) and Skelton & Plummer Project Engineering, PTY Limited (S&P). Richardson is a provider of construction cost estimation software and data, while the group of employees acquired from S&P will expand the scope of sales and service in sub-Saharan Africa. These acquisitions were accounted for as purchase transactions, and accordingly, the results of operations from the dates of acquisition are included in the Company's consolidated condensed statements of operations commencing as of the acquisition dates. Total purchase price for these acquisitions was approximately $3.2 million, consisting of $3.1 million in cash and $0.1 million in acquisition-related costs. The purchase prices were allocated to the fair market value of assets acquired and liabilities assumed, as follows (in thousands): Pro forma information related to these acquisitions is not presented, as the effect of these acquisitions was not material. On August 29, 2000, the Company acquired ICARUS Corporation and ICARUS Services Limited (together, ICARUS), a market leader in providing software that is used by process manufacturing industries to estimate plant capital costs and evaluate project economics. The Company acquired 100% of the outstanding shares and options to purchase shares of ICARUS for a purchase price of approximately $24.9 million, consisting of $12.4 million in shares of the Company's stock, $9.0 million in cash and $2.1 million in promissory notes, and $1.4 million in transaction costs. This acquisition was accounted for as a purchase, and accordingly, the results of operations from the date of acquisition are included in the Company's consolidated statements of operations commencing as of the acquisition date. Year Ended June 30 2001 2002 (1) Pro forma revenue $375,701 $366,426 Pro forma net income (loss) (21,327) (69,811) Pro forma net income (loss) applicable to common shareholders (21,327) (76,112) Pro forma earnings (loss) per share applicable to common shareholders $ (0.63) $ (2.12) Pro forma weighted average common shares outstanding 34,108 35,912 (1)Does not reflect the charge for in-process research and development Description Amount Life Goodwill $2,112 — Acquired technology 1,510 5 years 3,621 Net fair value of tangible assets acquired, less liabilities assumed (445) Total purchase price $3,176 51 (c) Acquisitions During Fiscal Year 2001