Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions (Details)

v2.4.0.8
Business Acquisitions (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Jul. 02, 2013
WMS
Sep. 30, 2013
WMS
Sep. 30, 2013
WMS
Jul. 02, 2013
WMS
Level 3
Jul. 02, 2013
WMS
Customer list
Jul. 02, 2013
WMS
Proprietary technology
Sep. 30, 2012
Prima, Tamarac and WMS
Sep. 30, 2013
Prima, Tamarac and WMS
Sep. 30, 2012
Prima, Tamarac and WMS
Acquisition of Wealth Management Solutions                            
Total consideration           $ 24,730                
Consideration transferred in acquisition                            
Cash consideration           8,992                
Contingent consideration liability 15,738   15,738           15,738          
Total estimated fair value of consideration           24,730                
Contingent consideration in cash           23,000                
Contingent consideration, undiscounted liability           19,043                
Liability discount rate (as a percent)           10.00%                
Contingent consideration period           3 years                
Contingent consideration, future undiscounted payments                            
July 31, 2014             6,000 6,000            
July 31, 2015             6,434 6,434            
July 31, 2016             6,609 6,609            
Imputed interest expense on contingent consideration             392 392            
Estimated fair values of the assets acquired and liabilities assumed                            
Total tangible assets acquired           1,296                
Total liabilities assumed           (2,257)                
Identifiable intangible assets:                   14,000 3,000      
Goodwill 74,335   74,335   65,644 8,691                
Total net assets acquired           24,730                
Summary of intangible assets acquired, estimated useful lives and amortization method                            
Intangible assets acquired           17,000       14,000 3,000      
Weighted Average Useful Life In Years                   12 years 1 year 6 months      
Revenues 69,880 42,283 168,137 112,887     16,130 16,130            
Net (income) loss (1,306) (551) (2,965) (623)     392 392            
Acquired intangible asset amortization 2,650 1,802 5,802 4,405     1,082 1,082            
Acquisition related costs             197 844            
Pro forma financial information                            
Revenue                       57,342 200,585 164,024
Net loss                       $ (3,005) $ (9,593) $ (13,700)
Net loss per share:                            
Basic (in dollars per share)                       $ (0.09) $ (0.29) $ (0.43)
Diluted (in dollars per share)                       $ (0.09) $ (0.29) $ (0.43)