|
Business Acquisitions (Tables)
|
12 Months Ended |
|
Dec. 31, 2014
|
| Prima |
|
| Business acquisitions |
|
| Summary of consideration in the acquisition |
|
Cash paid to owners
|
|
$
|
13,750
|
|
|
Cash acquired
|
|
|
(1,767
|
)
|
|
Cash paid for working capital settlement
|
|
|
1,942
|
|
|
|
|
|
|
|
|
|
|
$
|
13,925
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition |
|
Total tangible assets acquired
|
|
$
|
2,399
|
|
|
Total liabilities assumed
|
|
|
(2,697
|
)
|
|
Identifiable intangible assets
|
|
|
4,940
|
|
|
Goodwill
|
|
|
9,283
|
|
|
|
|
|
|
|
|
Total net assets acquired
|
|
$
|
13,925
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of intangible assets acquired, estimated useful lives and amortization method |
|
|
|
Amount
|
|
Weighted
Average
Useful Life
in Years
|
|
Amortization
Method
|
|
Customer list
|
|
$
|
3,740
|
|
|
10
|
|
Accelerated
|
|
Proprietary technology
|
|
|
700
|
|
|
5
|
|
Accelerated
|
|
Trade names
|
|
|
500
|
|
|
5
|
|
Accelerated
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
4,940
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tamarac |
|
| Business acquisitions |
|
| Summary of consideration in the acquisition |
|
Cash paid to owners
|
|
$
|
54,000
|
|
|
Non-cash consideration
|
|
|
101
|
|
|
Cash acquired
|
|
|
(2,533
|
)
|
|
Receivable from working capital settlement
|
|
|
(3,141
|
)
|
|
|
|
|
|
|
|
|
|
$
|
48,427
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition |
|
Total tangible assets acquired
|
|
$
|
9,444
|
|
|
Total liabilities assumed
|
|
|
(12,194
|
)
|
|
Identifiable intangible assets
|
|
|
16,150
|
|
|
Goodwill
|
|
|
35,027
|
|
|
|
|
|
|
|
|
Total net assets acquired
|
|
$
|
48,427
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of intangible assets acquired, estimated useful lives and amortization method |
|
|
|
Amount
|
|
Weighted
Average
Useful Life
in Years
|
|
Amortization
Method
|
|
Customer list
|
|
$
|
8,680
|
|
|
12
|
|
Accelerated
|
|
Proprietary technology
|
|
|
5,880
|
|
|
8
|
|
Accelerated
|
|
Trade names
|
|
|
1,590
|
|
|
5
|
|
Accelerated
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
16,150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| WMS |
|
| Business acquisitions |
|
| Summary of consideration in the acquisition |
|
Cash paid to owners
|
|
$
|
8,992
|
|
|
Contingent consideration
|
|
|
15,738
|
|
|
|
|
|
|
|
|
|
|
$
|
24,730
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition |
|
Total tangible assets acquired
|
|
$
|
1,296
|
|
|
Total liabilities assumed
|
|
|
(2,257
|
)
|
|
Identifiable intangible assets
|
|
|
17,000
|
|
|
Goodwill
|
|
|
8,691
|
|
|
|
|
|
|
|
|
Total net assets acquired
|
|
$
|
24,730
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of intangible assets acquired, estimated useful lives and amortization method |
|
|
|
Amount
|
|
Weighted
Average
Useful Life
in Years
|
|
Amortization
Method
|
|
Customer list
|
|
$
|
14,000
|
|
|
12
|
|
Accelerated
|
|
Proprietary technology
|
|
|
3,000
|
|
|
1.5
|
|
Accelerated
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
17,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Klein Decisions, Inc. |
|
| Business acquisitions |
|
| Summary of consideration in the acquisition |
|
Cash paid to owners
|
|
$
|
1,288
|
|
|
Promissory note
|
|
|
1,500
|
|
|
Contingent consideration
|
|
|
2,800
|
|
|
|
|
|
|
|
|
|
|
$
|
5,588
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition |
|
Total tangible assets acquired
|
|
$
|
53
|
|
|
Total liabilities assumed
|
|
|
(396
|
)
|
|
Identifiable intangible assets
|
|
|
2,900
|
|
|
Goodwill
|
|
|
3,031
|
|
|
|
|
|
|
|
|
Total net assets acquired
|
|
$
|
5,588
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of intangible assets acquired, estimated useful lives and amortization method |
|
|
|
Amount
|
|
Weighted
Average
Useful Life
in Years
|
|
Amortization
Method
|
|
Customer list
|
|
$
|
2,200
|
|
|
10
|
|
Accelerated
|
|
Proprietary technology
|
|
|
700
|
|
|
3
|
|
Straight-line
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
2,900
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Placemark Holdings Inc |
|
| Business acquisitions |
|
| Summary of consideration in the acquisition |
|
Cash paid to owners
|
|
$
|
66,000
|
|
|
Cash acquired
|
|
|
(8,419
|
)
|
|
Receivable from working capital settlement
|
|
|
701
|
|
|
|
|
|
|
|
|
|
|
$
|
58,282
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition |
|
Total tangible assets acquired
|
|
$
|
4,323
|
|
|
Total liabilities assumed
|
|
|
(3,118
|
)
|
|
Identifiable intangible assets
|
|
|
30,000
|
|
|
Goodwill
|
|
|
27,077
|
|
|
|
|
|
|
|
|
Total net assets acquired
|
|
$
|
58,282
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of intangible assets acquired, estimated useful lives and amortization method |
|
|
|
Amount
|
|
Weighted
Average
Useful Life
in Years
|
|
Amortization
Method
|
|
Customer list
|
|
$
|
24,000
|
|
|
11
|
|
Accelerated
|
|
Proprietary technology
|
|
|
5,000
|
|
|
5
|
|
Straight-line
|
|
Trade names
|
|
|
1,000
|
|
|
5
|
|
Straight-line
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
30,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| WMS and Placemark |
|
| Business acquisitions |
|
| Schedule of pro forma financial information |
|
|
|
At December 31,
|
|
|
|
|
2014
|
|
2013
|
|
|
Revenues
|
|
$
|
366,164
|
|
$
|
292,975
|
|
|
Net income (loss)
|
|
|
12,290
|
|
|
(4,585
|
)
|
|
Net income (loss) per share:
|
|
|
|
|
|
|
|
|
Basic
|
|
|
0.36
|
|
|
(0.14
|
)
|
|
Diluted
|
|
|
0.33
|
|
|
(0.14
|
)
|
|