Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v2.4.1.9
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Business Acquisition [Line Items]  
Pro Forma Financial Information
The following table presents unaudited pro forma results of operations for 2014 and 2013 as if the aforementioned acquisitions had occurred at the beginning of each period presented. The pro forma financial information as of December 31, 2014 and 2013, respectively, includes the business combination accounting effects resulting from these acquisitions including $0.8 million and $6.2 million of amortization charges from acquired intangible assets. We prepared the pro forma financial information for the combined entities for comparative purposes only, and it is not indicative of what actual results would have been if the acquisitions had taken place at the beginning of the periods presented, or of future results.
 
 
Year Ended December 31,
 
 
2014
Pro Forma
 
2013
Pro Forma
 
 
(in thousands, except per share amounts)
 
 
(unaudited)
 
(unaudited)
Revenue:
 
 
 
 
On demand
 
$
391,949

 
$
369,362

On premise
 
3,094

 
3,691

Professional and other
 
10,835

 
11,019

Total revenue
 
405,878

 
384,072

Net (loss) income
 
$
(10,746
)
 
$
15,980

Net (loss) income per share:
 
 
 
 
Basic
 
$
(0.14
)
 
$
0.21

Diluted
 
$
(0.14
)
 
$
0.21

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

 
$
671

 
$
1,840

 
$
2,570

Customer relationships
 

 
200

 

 
1,120

Trade names
 
527

 

 

 
602

Goodwill
 
4,135

 
358

 
2,852

 
32,996

Deferred revenue
 
(33
)
 

 
(156
)
 

Net deferred taxes
 

 

 

 
(495
)
Net other assets (liabilities)
 
55

 

 
(141
)
 
(547
)
Total purchase price
 
$
9,174

 
$
1,229

 
$
4,395

 
$
36,246

SFL, RentSentinel, Windsor Compliance, MyBuilding and Active Building  
Business Acquisition [Line Items]  
Allocated Purchase Price Table
We preliminarily allocated the purchase price 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

 
$
3,850

Customer relationships
 
161

 
2,390

 
1,230

 
1,000

 
2,650

Trade names
 

 

 

 
328

 
597

Goodwill
 
1,035

 
3,633

 
1,302

 
5,043

 
7,198

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

 
$
14,371

RMO and Vigilan  
Business Acquisition [Line Items]  
Allocated Purchase Price Table
We 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