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Business Combinations, Goodwill and Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2015
Business Acquisition [Line Items] |
Purchase Price Allocation for Acquisition |
|  | Chile | Mexico | Total
Cash and cash equivalents |  | $ | 547 | $ | 474 | $ | 1,021
Other net tangible assets / (liabilities) |  |  | 2,306 |  | (2,727) |  | (421)
Trademarks |  |  | 5,422 |  | 2,155 |  | 7,577
Customer Lists |  |  | 10,104 |  | 322 |  | 10,426
Software |  |  | 447 |  | — |  | 447
Non solicitation agreement |  |  | 587 |  | — |  | 587
Deferred tax assets and liabilities |  |  | (2,644) |  | 214 |  | (2,430)
Goodwill |  |  | 14,709 |  | 6,074 |  | 20,783
Purchase Price |  | $ | 31,478 | $ | 6,512 | $ | 37,990
Composition of Goodwill and Intangible Assets |
|  | March 31, |  | December 31,
|  | 2015 |  | 2014
|  | (In thousands)
Goodwill |  | $ 65,577 |  | $ 68,829
Intangible assets with indefinite lives |  |  |  |
— Trademarks |  | 9,986 |  | 10,276
Amortizable intangible assets |  |  |  |
— Licenses and others |  | 5,862 |  | 5,111
— Non-compete / solicitation agreement |  | 1,662 |  | 1,829
— Customer list |  | 10,826 |  | 11,294
Total intangible assets |  | $ 28,336 |  | $ 28,510
Accumulated amortization |  | (5,535) |  | (5,339)
Total intangible assets, net |  | $ 22,801 |  | $ 23,171
Table Showing Changes in Carrying Amount of Goodwill |
|  | Period ended March 31, 2015
|  | (In thousands)
|  | Brazil |  | Argentina |  | Chile |  | Mexico |  | Venezuela |  | Colombia |  | Other Countries |  | Total
Balance, beginning of the period |  | $ 10,557 |  | $ 11,859 |  | $ 19,101 |  | $ 15,719 |  | $ 5,729 |  | $ 4,521 |  | $ 1,343 |  | $ 68,829
- Effect of exchange rates changes |  | (1,381) |  | (376) |  | (579) |  | (552) |  | — |  | (314) |  | (50) |  | (3,252)
Balance, end of the period |  | $ 9,176 |  | $ 11,483 |  | $ 18,522 |  | $ 15,167 |  | $ 5,729 |  | $ 4,207 |  | $ 1,293 |  | $ 65,577
|  | Year ended December 31, 2014
|  | (In thousands)
|  | Brazil |  | Argentina |  | Chile |  | Mexico |  | Venezuela |  | Colombia |  | Other Countries |  | Total
Balance, beginning of year |  | $ 10,366 |  | $ 14,676 |  | $ 6,520 |  | $ 11,376 |  | $ 5,252 |  | $ 5,506 |  | $ 1,405 |  | $ 55,101
- Bussiness Acquisition |  | 1,538 |  | 775 |  | 14,710 |  | 6,293 |  | 477 |  | 82 |  | 48 |  | 23,923
- Effect of exchange rates changes |  | (1,347) |  | (3,592) |  | (2,129) |  | (1,950) |  | — |  | (1,067) |  | (110) |  | (10,195)
Balance, end of the year |  | $ 10,557 |  | $ 11,859 |  | $ 19,101 |  | $ 15,719 |  | $ 5,729 |  | $ 4,521 |  | $ 1,343 |  | $ 68,829
Expected Intangible Asset Amortization Expense |
For year ended 12/31/2015 |  | $ 1,795
For year ended 12/31/2016 |  | 2,359
For year ended 12/31/2017 |  | 2,091
For year ended 12/31/2018 |  | 1,336
Thereafter |  | 5,234
|  | $ 12,815
Business Vision S.A. [Member] |
Business Acquisition [Line Items] |
Purchase Price Allocation for Acquisition |
Cash and cash equivalents |  | $ | 81
Other net tangible assets |  |  | 857
Total net tangible assets acquired |  |  | 938
Customer Lists |  |  | 563
Non solicitation agreement |  |  | 428
Deferred tax assets and liabilities |  |  | (300)
Goodwill |  |  | 3,139
Purchase Price |  | $ | 4,768

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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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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