Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v2.4.0.8
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2014
Business Acquisition [Line Items]  
Allocated Purchase Price
We allocated the purchase prices for SFL, RentSentinel, Windsor Compliance, MyBuilding and Active Building as follows:
 


SFL

RentSentinel

Windsor Compliance

MyBuilding

Active Building
 

(in thousands)
Intangible assets:


 

 

 

 

Developed product technologies

$
1,406

 
$
4,238

 
$

 
$
1,450

 
$
3,990

Customer relationships

161

 
2,390

 
1,230

 
1,000

 
2,660

Tradenames


 

 

 
328

 
641

Goodwill

1,035

 
3,633

 
1,302

 
5,043

 
7,404

Deferred revenue


 
(304
)
 
(107
)
 
(258
)
 

Net deferred taxes


 
226

 

 
(813
)
 

Net other assets

88

 
313

 
226

 
111

 
76

Total purchase price, net of cash acquired

$
2,690

 
$
10,496

 
$
2,651

 
$
6,861

 
$
14,771

Pro Forma Financial Information
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
Pro Forma
 
2013
Pro Forma
 
2014
Pro Forma
 
2013
Pro Forma
 
(in thousands, except per share amounts)
Revenue:
 
On demand
$
92,148

 
$
92,619

 
$
189,944

 
$
180,421

On premise
826

 
1,011

 
1,691

 
1,961

Professional and other
2,556

 
2,615

 
5,246

 
5,324

Total revenue
95,530

 
96,245

 
196,881

 
187,706

Net income (loss)
$
(6,290
)
 
$
3,794

 
$
(7,326
)
 
$
2,901

Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
(0.08
)
 
$
0.05

 
$
(0.10
)
 
$
0.04

Diluted
$
(0.08
)
 
$
0.05

 
$
(0.10
)
 
$
0.04

Bookt LLC, VMM and Notivus
 
Business Acquisition [Line Items]  
Allocated Purchase Price
We preliminarily allocated the purchase price for InstaManager, VMM, and Notivus as follows:
 
 
 
InstaManager
 
VMM
 
Notivus
 
 
(in thousands)
Intangible assets:
 
 
 
 
 
 
Developed product technologies
 
$
4,490

 
$
671

 
$
1,840

Customer relationships
 

 
200

 

Tradenames
 
527

 

 

Goodwill
 
4,135

 
358

 
2,852

Deferred revenue
 
(33
)
 

 
(156
)
Net other assets (liabilities)
 
55

 

 
(141
)
Total purchase price
 
$
9,174

 
$
1,229

 
$
4,395