Business Combination On January 13, 2017, Charah Management completed a transaction with BCP, a previously unrelated third party pursuant to which BCP acquired a 76% equity position in Charah Management. The acquisition was accounted for under the acquisition method of accounting in accordance with ASC Topic 805, Business Combinations . The purchase price was allocated to the assets acquired and liabilities assumed based on the estimated fair value at the date of acquisition, as summarized below. By the application of push-down accounting, Charahs assets and liabilities were accordingly adjusted to fair value. Net working capital $ 26,704 Net operating assets/liabilities 9,679 Property, plant and equipment 107,876 Rail easement 110 Purchase option liability (29,883 ) Trade name intangible assets 34,330 Customer relationship intangible assets 78,200 Goodwill 73,468 Total purchase price $ 300,484 On March 30, 2018, Charah Management completed a transaction with SCB Materials International, Inc. and affiliated entities ("SCB"), a previously unrelated third party, pursuant to which Charah acquired certain assets and liabilities of SCB for a purchase price of $35,000 , with $20,000 paid at closing and $15,000 to be paid over time in conjunction with certain performance metrics. The contract also contained various mechanisms for a working capital true-up. The acquisition was accounted for under the acquisition method of accounting in accordance with ASC 805, Business Combinations . As of September 30, 2018 , the allocation of purchase price for the acquisition is preliminary (as summarized below); fair value estimates of identifiable assets acquired and liabilities assumed are based on managements estimates, judgments and assumptions and are subject to change until finalized. Goodwill, if any, will be allocated to the Environmental Solutions segment. The total amount of goodwill that is expected to be deductible for tax purposes is $1,180 . In November 2018, the $15,000 to be paid over time was reduced by $2,963 . The allocation of purchase price for the acquisition has been reflected in the table above on a preliminary basis and will be updated in conjunction with this reduction in purchase price during the three months ended December 31, 2018. Cash acquired $ 17 Net working capital, excluding cash 21,185 Property, plant and equipment 5,300 Trade name intangible assets 633 Customer relationship intangible assets 1,427 Technology 2,102 Non-compete and other agreements 1,373 Total purchase price $ 32,037 No revenue or earnings from the acquired business described above is included in the Statements of Income (Loss) for the 2017 periods. The actual revenue from the acquired business included in the Statements of Income (Loss) for the three and nine months ended September 30, 2018 was approximately $14,890 and $31,463 , respectively. The actual earnings from the acquired business included in the Statements of Income (Loss) for the three and nine months ended September 30, 2018 was approximately $368 and $1,322 , respectively. The following unaudited information presents the pro forma consolidated revenue and net income for the periods indicated as if the acquisition had been included in the consolidated results of operations beginning January 1, 2017. Successor Predecessor Three Months Ended September 30, 2018 Three Months Ended September 30, 2017 Nine Months Ended September 30, 2018 Period from January 13, 2017 through September 30, 2017 Period from January 1, 2017 through January 12, 2017 Pro forma revenue $ 186,002 $ 138,993 $ 554,077 $ 305,998 $ 11,158 Pro forma net income (loss) attributable to Charah Solutions, Inc. (17,379 ) 1,364 (12,568 ) 20,443 (5,447 ) The above unaudited pro forma results have been calculated by combining the historical results of the Company and the acquired business as if the acquisition had occurred as of the beginning of the fiscal year prior to the acquisition date, and then adjusting the income tax provisions as if they had been calculated on the resulting, combined results. The pro forma results include estimates for additional depreciation related to the fair value of property, plant and equipment and intangible asset amortization and therefore will change when the final asset values and useful lives have been determined. The pro forma results reflect elimination of $589 of direct acquisition costs that were incurred in the nine months ended September 30, 2018 (since for purposes of the pro forma presentation they have been reflected in 2017 instead of in 2018). For all periods presented, historical depreciation and amortization expense of the acquired business was adjusted to reflect the acquisition date fair value amounts of the related tangible and intangible assets. No other material pro forma adjustments were deemed necessary, either to conform the acquisition to the Companys accounting policies or for any other situation. The pro forma information is not necessarily indicative of the results that would have been achieved had the transactions occurred on the date indicated or that may be achieved in the future.