XML 50 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
BUSINESS COMBINATIONS (Tables)
6 Months Ended
May 31, 2013
Business Combinations [Abstract]  
Preliminary Purchase Price Allocation of Business Acquisitions
The allocation of the purchase price for the LogLogic acquisition is as follows (in thousands):
 
Cash
 
$
5,018

Accounts receivable (approximate contractual value)
 
5,359

Other assets
 
1,524

Identifiable intangible assets
 
61,200

Goodwill
 
71,541

Liabilities
 
(7,006
)
Deferred Revenue
 
(7,297
)
Deferred income tax asset, net
 
4,010

Total purchase price
 
$
134,349

The allocation of the purchase price for the Maporama acquisition is as follows (in thousands):
 
Cash
 
$
396

Other assets
 
302

Identifiable intangible assets
 
4,900

Goodwill
 
7,050

Liabilities
 
(4,160
)
Deferred Revenue
 
(351
)
Deferred income tax liabilities, net
 
(1,200
)
Total purchase price
 
$
6,937

Identifiable Intangible Assets
Identifiable intangible assets (in thousands, except amortization period):
 
 
 
Gross Amount
at Acquisition
Date
 
Weighted
Average
Amortization
Period
Existing technology
 
$
32,800

 
6.0 years
Customer contracts
 
3,200

 
6.0 years
Maintenance agreements
 
22,300

 
7.0 years
Trademarks
 
2,900

 
7.0 years
 
 
$
61,200

 
6.4 years
Identifiable intangible assets (in thousands, except amortization period):
 
 
 
Gross Amount
at Acquisition
Date
 
Weighted
Average
Amortization
Period
Existing technology
 
$
3,600

 
5.0 years
Customer contracts
 
1,300

 
5.0 years
 
 
$
4,900

 
5.0 years
Unaudited Pro Forma Adjusted Summary
The following unaudited pro forma adjusted summary assumes LogLogic had been acquired at the beginning of fiscal year 2012 (in thousands, except per share data):
 
 
 
Three Months Ended
May 31,
 
Six Months Ended
May 31,
 
 
 
2012
 
2012
 
Pro forma adjusted total revenue
 
$
250,334

 
$
485,870

 
Pro forma adjusted net income attributable to TIBCO Software Inc.
 
$
24,939

 
$
42,035

 
Pro forma adjusted net income per share attributable to TIBCO Software Inc.:
 
 
 
 
 
Basic
 
$
0.16

 
$
0.26

 
Diluted
 
$
0.15

 
$
0.25