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Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Summary of Estimated Fair Value of Assets and Liabilities

The following table summarizes preliminary the estimated fair values of the assets acquired and the liabilities assumed at the date of acquisition (in thousands):

 

Cash and cash equivalents

      $  102,163        

Accounts receivable (2)

      424,355        

Inventories

      270,755        

Deferred income taxes, current

      113,745        

Other current assets

      24,742        

Property and equipment

      126,424        

Deferred income taxes

      0        

Intangible assets

      1,014,421        

Other non-current assets

      47,567        

Deferred revenue

      173,450        

Tax liabilities

      11,394        

Other current liabilities (1)

      421,700        

Long-term deferred revenue

      102,424        

Unrecognized tax benefits

      9,526        

Other non-current liabilities

      24,742        

Deferred income taxes

      216,169        
  

 

 

  

Total identifiable net assets

      $ 1,164,767        
  

 

 

  

 

(1) – Other current liabilities include accounts payable, customer reserves, and employee compensation and related benefits
(2) – Based on the preliminary purchase price allocations, accounts receivable estimated fair value is $424.4 million and gross contractual value of $445.2 million. The difference represents Zebra’s best estimate of the contractual cash flows that will not be collected.
Summary of Intangible Assets

The intangible assets of $1.014 billion consist of the following (in millions):

 

     Amount      Weighted Average
Amortization
  Period (in years)  

Customer relationships

      $ 460            7.0 years

Unpatented technology

      280            3.9 years

Patented technology

      215            3.5 years

Trade names

      40            2 years

Backlog

      19            1 year
  

 

 

     

Acquired other intangibles

      $ 1,014           
  

 

 

     

Schedule of Unaudited Pro forma Combined Information

The following table presents certain unaudited pro forma information for illustrative purposes only, for 2014 and 2013 as if Enterprise had been acquired on January 1, 2013.

     For the year ended December 31,  
     2014      2013  

In thousands, except per share data:

      (unaudited)         (unaudited)   

Total revenues

    $ 3,562,556       $ 3,498,571   

Net loss

      43,064         (77,044 ) 

Basic earnings per share

      0.85         (1.52 ) 

Diluted earnings per share

      0.84         (1.52 )