XML 49 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900
Acquisition (Tables)
 12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Schedule of recognized identified assets acquired and liabilities assumed
The total purchase price and the excess of the total purchase price over the estimated fair value of the net assets acquired are as follows:
Consideration transferred - cash
 
 
$
47,446

Book value of tangible net assets acquired
$
1,732

 
 
Fair value adjustments to deferred revenue
961

 
 
           Fair value of tangible net assets acquired
 
 
$
2,693

 
 
 
 
Identifiable intangibles at acquisition-date fair value
 
 
 
Subscriber relationships
$
12,759

 
 
Proprietary content
9,814

 
 
Internally developed software
2,160

 
 
Favorable operating leases
791

 
 
Total intangible assets
 
 
$
25,524

Deferred income taxes
 
 
(3,922
)
Goodwill
 
 
$
23,151
Business acquisition, pro forma information
The following table summarizes the supplemental statements of operations information on an unaudited pro forma basis as if the Videotel acquisition had occurred on January 1, 2013:
 
 
Year Ended December 31,
 
 
2014
 
2013
Pro forma net revenues
 
$
183,886

 
$
183,267

Pro forma net income
 
$
2,386

 
$
7,356

Basic pro forma net income per share
 
$
0.15

 
$
0.49

Diluted pro forma net income per share
 
$
0.15

 
$
0.48