Business Combinations (Tables)

12 Months Ended

Dec. 31, 2018

3VR

Summary of Fair Values of Assets Acquired and Liabilities Assumed at Acquisition

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

Cash	$	195
Accounts receivable		2,029
Inventory		257
Prepaid expenses and other current assets		169
Property and equipment		334
Trademarks		400
Customer relationships		2,900
Developed technology		3,000
Total identifiable assets acquired		9,284
Accounts payable		(1,590	)
Accrued expenses and liabilities		(726	)
Deferred revenue		(2,928	)
Debt		(3,622	)
Total liabilities assumed		(8,866	)
Net identifiable assets acquired		418
Goodwill		5,796
Purchase price	$	6,214

Summary of Acquisition Related Finite-lived Intangibles and Estimated Lives

Acquisition related intangibles included in the above table are finite-lived and are being amortized on a straight-line basis over their estimated lives, which approximates the pattern in which the economic benefits of the intangible assets are expected to be realized, as follows (in thousands):

	Gross Purchased Intangible		Estimated Useful Life
	Assets		(in Years)
Trademarks	$	400	5
Customer relationships		2,900	10
Developed technology		3,000	10
	$	6,300

Thursby Software Systems

Summary of Fair Values of Assets Acquired and Liabilities Assumed at Acquisition

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

Cash	$	3,485
Accounts receivable		526
Inventory		1,361
Prepaid expenses and other current assets		12
Trademarks		200
Customer relationships		1,500
Developed technology		700
Total identifiable assets acquired		7,784
Accounts payable		(31	)
Accrued expenses and liabilities		(67	)
Deferred revenue		(243	)
Other current liabilities		(4,307	)
Total liabilities assumed		(4,648	)
Net identifiable assets acquired		3,136
Goodwill		3,490
Purchase price		6,626
Less: cash acquired		(3,485	)
Net purchase price	$	3,141

Summary of Acquisition Related Finite-lived Intangibles and Estimated Lives

Acquisition related intangibles included in the above table are finite-lived and are being amortized on a straight-line basis over their estimated lives, which approximates the pattern in which the economic benefits of the intangible assets are expected to be realized, as follows (in thousands):  

	Gross Purchased Intangible		Estimated Useful Life
	Assets		(in Years)
Trademarks	$	200	5
Customer relationships		1,500	10
Developed technology		700	10
	$	2,400