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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Precisive, LLC [Member]  
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition:

 

Current assets

   $ 693   

Non-current assets

     18   

Intangible assets

     5,110   

Goodwill

     7,042   
  

 

 

 

Total assets acquired

     12,863   
  

 

 

 

Total current liabilities assumed

     (343
  

 

 

 

Fair value of assets acquired and liabilities assumed

     12,520   
  

 

 

 

Less cash acquired

     (435
  

 

 

 

Total purchase price, net of cash acquired

   $ 12,085   
  

 

 

 
Allocation of Acquired Intangible Assets and Related Estimates of Useful Lives

Substantially all of the purchase price was deductible for tax purposes. The following table reflects the allocation of the acquired intangible assets and related estimates of useful lives. These acquired intangibles will be amortized on a straight-line basis, which approximates the pattern of use.

 

Order backlog

   $ 50       18 months

Customer relationships

     1,430       8 years

Exclusive patent license

     2,600       10 years

Trade names

     210       10 years

Developed technology

     820       10 years
  

 

 

    
   $ 5,110      
  

 

 

    
Granville-Phillips [Member]  
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition:

 

Inventory

   $ 5,198   

Property and equipment

     299   

Other assets

     191   

Intangible assets

     38,850   

Goodwill

     42,587   

Warranty liability

     (175
  

 

 

 

Total purchase price

   $ 86,950   
  

 

 

 
Allocation of Acquired Intangible Assets and Related Estimates of Useful Lives

The following table reflects the allocation of the acquired intangible assets and related estimates of useful lives. These acquired intangibles are being amortized on a straight-line basis.

 

Customer relationships

   $ 21,250       7 years

Trademark and trade names

     1,900       12 years

Developed technology

     15,700       9-12 years
  

 

 

    
   $ 38,850      
  

 

 

    
Alter S.r.l [Member]  
Summary of Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of the acquisition:

 

Current assets

   $ 1,053   

Property and equipment

     211   

Intangible assets

     2,806   

Goodwill

     381   

Other assets

     67   
  

 

 

 

Total assets acquired

     4,518   

Debt (Note 15)

     770   

Deferred taxes and other liabilities

     1,301   
  

 

 

 

Total liabilities assumed

     2,071   

Total purchase price

     2,447   

Cash acquired

     (21
  

 

 

 

Total purchase price, net of cash acquired

   $ 2,426   
  

 

 

 
Allocation of Acquired Intangible Assets and Related Estimates of Useful Lives

The following table reflects the allocation of the acquired intangible assets and related estimates of useful lives. These acquired intangibles will be amortized on a straight-line basis.

 

Current developed technology

   $ 2,208       9 year useful life

Trademarks and trade names

     598       3 year useful life
  

 

 

    
   $ 2,806