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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Universal Robots

Final Allocation of Purchase Price

The following table represents the final allocation of the purchase price:

		Purchase Price Allocation
		(in thousands)
Goodwill		$	221,128
Intangible assets			121,590
Tangible assets acquired and liabilities assumed:
Current assets			10,853
Non-current assets			3,415
Accounts payable and current liabilities			(11,976	)
Long-term deferred tax liabilities			(26,653	)
Long-term other liabilities			(2,920	)
Total purchase price		$	315,437

Components of Intangible Assets and Their Estimated Useful Lives at Acquisition Date

Components of these intangible assets and their estimated useful lives at the acquisition date are as follows:

		Fair Value				Estimated Useful Life
		(in thousands)				(in years)
Developed technology		$	89,240				4.9
Trademarks and tradenames			22,920				10.0
Customer relationships			9,430				2.0
Total intangible assets		$	121,590				5.6

Avionics Interface Technologies, LLC

Pro Forma Results Under Acquisitions

The unaudited pro forma results are not necessarily indicative of what actually would have occurred had the acquisition been in effect for the periods presented:

		For the Year Ended
		December 31, 2015
		(in thousands, except per share amounts)
Revenue		$	1,657,626
Net income		$	199,784
Net income per common share:
Basic		$	0.94
Diluted		$	0.94

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)-(3)
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- Definition

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472

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