ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2015

Iris Data Services Inc

Acquisitions

Schedule of the purchase price of acquisition and the preliminary estimated fair values of the assets acquired and liabilities assumed

(in thousands)	Original Allocation(1)		Allocation Adjustments			Adjusted Allocation(3)
Cash and cash equivalents	$	197	$	—		$	197
Accounts receivable		15,623		(415	)		15,208
Other current assets		2,517		(966	)		1,551
Deferred income tax assets		21,041		(12,557	)(2)		8,484
Property and equipment		10,642		—			10,642
Other long-term assets		246		—			246
Intangible assets		34,694		—			34,694
Goodwill		74,852		(1,176	)		73,676
Total assets acquired		159,812		(15,114	)		144,698
Accounts payable		4,407					4,407
Accrued liabilities		4,868		(31	)		4,837
Deferred revenue		1,580		109			1,689
Deferred income tax liabilities		15,149		(15,149	)(2)		—
Capital lease obligations		9,061		—			9,061
Total liabilities assumed		35,065		(15,071	)		19,994
Net assets acquired	$	124,747	$	(43	)	$	124,704

(1)	Represents the preliminary allocation of assets acquired and liabilities assumed as of the acquisition date reported in our June 30, 2015 Form 10-Q.
(2)	Includes the impact of reclassifying current deferred income tax assets and liabilities as non-current in accordance with the retroactive adoption of ASU 2015-17 during the fourth quarter of 2015 and the related netting of deferred income tax assets with deferred income tax liabilities by income tax jurisdiction.
(3)	Represents the final allocation of assets acquired and liabilities assumed as of the acquisition date.

Schedule of fair value of intangible assets acquired

(in thousands)	Fair Value		Useful Life
Customer relationships	$	15,400	8 years
Technology		8,400	3 years
Trade name		7,000	10 years
Non-compete agreements		3,894	2 - 5 years
Total	$	34,694

Schedule of unaudited pro forma combined result of operations

	Year Ended December 31,
(in thousands)	2015			2014
Total revenues	$	561,038		$	513,277
Net income (loss)		(13,649	)		(10,230	)

Minus - 10

Acquisitions

Schedule of the purchase price of acquisition and the preliminary estimated fair values of the assets acquired and liabilities assumed

	(in thousands)
Cash paid at closing	$	302
Net working capital liability		17
Deferred cash consideration		43
Fair value of contingent consideration		933
Total purchase price	$	1,295

Schedule of fair value of intangible assets acquired

	(in thousands)
Intangible assets:
Acquired technology	$	1,142
Goodwill		153
Net assets acquired	$	1,295