Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v2.4.0.6
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Allocated Purchase Price for Rent Mine Online, Inc (Preliminary) and Vigilan

We have allocated the purchase price for RMO and Vigilan as follows:

 

     RMO     Vigilan  
     (in thousands)  

Intangible assets:

    

Developed product technologies

   $ 2,460      $ 1,430   

Customer relationships

     1,770        1,150   

Goodwill

     3,439        2,454   

Net deferred taxes

     (1,502     —     

Net other assets

     (410     (34
  

 

 

   

 

 

 

Total purchase price, net of cash acquired

   $ 5,757      $ 5,000   
  

 

 

   

 

 

 
Allocated Purchase Price for Multifamily Technology Solutions, Inc, Senior Living.Net and Compliance Depot

We allocated the purchase price for MTS, SLN and Compliance Depot as follows:

 

     MTS     SLN     Compliance
Depot
 
     (in thousands)  

Intangible assets:

      

Developed product technologies

   $ 2,280      $ 1,200      $ 382   

Customer relationships

     27,600        2,630        9,030   

Tradenames

     24,800        2,560        2,230   

Goodwill

     33,795        8,356        13,349   

Deferred revenue

     (164     —          (2,380

Net deferred taxes

     (15,574     (1,347     —     

Net other assets

     2,210        (224     (110
  

 

 

   

 

 

   

 

 

 

Total purchase price, net of cash acquired

   $ 74,947      $ 13,175      $ 22,501   
  

 

 

   

 

 

   

 

 

 
Allocated Purchase Price for Level One, eReal Estate Integration, Inc and Domin-Eight

We allocated the purchase price for Level One, eREI and Domin-8 as follows:

 

     Level One     eREI     Domin-8  
     (in thousands)  

Intangible assets:

      

Developed product technologies

   $ 692      $ 5,279      $ 3,678   

Customer relationships

     18,300        498        6,418   

Trade names

     3,740        844        1,278   

Goodwill

     36,897        4,664        4,896   

Deferred revenue

     (352     —          (4,502

Net deferred taxes

     —          (2,648     —     

Net other assets

     2,573        (14     1,155   
  

 

 

   

 

 

   

 

 

 

Total purchase price, net of cash acquired

   $ 61,850      $ 8,623      $ 12,923   
  

 

 

   

 

 

   

 

 

 
Pro Forma Financial Information
     Year Ended December 31,  
     2012
Pro Forma
     2011
Pro Forma
 
     (unaudited)      (unaudited)  

Revenue:

     

On demand

   $ 307,610       $ 256,528   

On premise

     5,216         6,581   

Professional and other

     10,556         11,962   
  

 

 

    

 

 

 

Total revenue

     323,382         275,071   

Net income (loss)

     4,936         (6,995

Net income (loss) per share:

     

Basic

   $ 0.07       $ (0.10

Diluted

   $ 0.07       $ (0.10