Consolidated Businesses (Tables)

12 Months Ended

Dec. 31, 2014

Reconciliation of Activity Related to Redeemable Noncontrolling Interest

The following reconciles the activity related to the redeemable noncontrolling interest during the years ended December 31, 2014, 2013 and 2012 (in thousands):

Balance at December 31, 2011	$	1,378
Redeemable noncontrolling interest portion of subsidiary net loss		(149	)
Accretion to estimated redemption value		839
Acquisition of MSDSonline		1,309
Impact of subsidiary equity transactions		6
Balance at December 31, 2012	$	3,383
Redeemable noncontrolling interest portion of subsidiary net loss		(105	)
Accretion to estimated redemption value		1,088
Impact of subsidiary equity transactions		(924	)
Balance at December 31, 2013	$	3,442
Redeemable noncontrolling interest portion of subsidiary net income		72
Accretion to estimated redemption value		3,095
Impact of subsidiary equity transactions		(388	)
Balance at December 31, 2014	$	6,221

FolioDynamix

Allocations of Purchase Price and Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the consideration paid for FolioDynamix and the estimated fair value of the assets acquired and liabilities assumed.

	(in thousands)
Consideration:
Cash consideration (including $0.7 million of working capital adjustment paid in 2015)	$                               201,699
Fair value of stock options of FolioDynamix	4,125
	$                               205,824
Recognized amounts of identifiable assets acquired and liabilities assumed:
Financial assets	$                                   9,324
Property, plant and equipment	1,581
Customer lists (10 year life)	23,300
Trademarks, trade names and domain names (5 year life)	8,100
Technology (8 year life)	15,200
Financial liabilities	(13,640)
Contingent consideration	(1,870)
Deferred tax liability	(1,585)
Total identifiable net assets	$                                 40,410
Goodwill	165,414
	$                               205,824

Other Acquisitions

Allocations of Purchase Price and Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the consideration paid for the 2014 and 2013 acquisitions and the estimated fair value of the assets acquired and liabilities assumed (in thousands):  

Net assets acquired:	NuCivic		Ludwig		KMI		Superior Access
Goodwill	$	1,257	$	314	$	6,735	$	2,540
Customer lists (5-11 year life)		202		2,658		2,900		4,000
Trademarks, trade names and domain names (5-11 year life)		330		-		300		1,100
Technology (5 year life)		-		-		400		1,300
Non-compete agreement (5 year life)		14		164		-		-
Other net assets (liabilities)		197		-		1,165		(343	)
	$	2,000	$	3,136	$	11,500	$	8,597

FolioDynamix, NuCivic, KMI, Ludwing and Superior Access

Pro Forma Information

The information in the following table represents revenue, net income (loss) attributable to Actua and net income (loss) per diluted share attributable to Actua for the relative periods, had Actua consolidated FolioDynamix, NuCivic, KMI, Ludwig and Superior Access in each of those periods (in thousands, except per share data).

	Year Ended December 31,
	2014			2013
Revenue	$	119,071		$	90,561
Net income (loss) from continuing operations attributable to Actua Corporation	$	(41,295	)	$	(35,439	)
Net income (loss) from continuing operations per basic and diluted share attributable to    Actua Corporation	$	(1.11	)	$	(0.97	)

MSDSonline and Bolt (including Bolt’s acquisition of Superior Access)

Pro Forma Information

The information in the following table represents revenue, net income (loss) attributable to Actua and net income (loss) per diluted share attributable to Actua for the relative periods, had Actua consolidated MSDSonline and Bolt (including Bolt’s acquisition of Superior Access) in each of those periods (in thousands, except per share data).

	Year Ended December 31,
	2013	2012
Revenue	$                    65,995	$                    47,265
Net income (loss) from continuing operations attributable to Actua Corporation	$                  (25,591)	$                    10,134
Net income (loss) from continuing operations per basic and diluted share attributable to    Actua Corporation	$                      (0.70)	$                        0.28

Bolt

Separate Financial Statements of Subsidiary not Consolidated

The following is summarized financial information for Bolt (then Seapass Solutions, Inc.), which was consolidated by Actua as of December 27, 2012, for the year ended December 31, 2012.  Prior to such consolidation, Actua held a 38% equity ownership interest in the business for the year ended December 31, 2012, respectively, and accounted for this ownership interest under the equity method of accounting.  The following summarized information is based upon that businesses financial statements, which have been prepared in conformity with GAAP and require estimates and assumptions that affect the amounts reported.  Actual results could materially differ from those estimates.

	December 31, 2012
	(in thousands)
Total Assets	$                        11,705
Total Liabilities	$                        16,759
Total Stockholders' Equity	$                        (5,054)

	December 31, 2012
	(in thousands)
Revenue	$                          6,518
Expenses	$                      (18,245)
Net loss	$                      (11,727)