10. ACQUISITION (Tables)

3 Months Ended

Jun. 30, 2016

ACQUISITION

Schedule of fair value allocated to tangible and identifiable intangible assets and goodwill

The fair value allocated to tangible and identifiable intangible assets and goodwill of MikaMonu acquired on November 23, 2015 was computed as follows (in thousands):

Cash and cash equivalents	$	1
Other receivables		54
Property and equipment, net		10
Intangible assets		3,500
Goodwill		8,030
Total assets acquired		11,595
Accrued expenses		(10)
Net deferred tax liability		(821)
Total liabilities assumed		(831)
Fair value of net assets acquired	$	10,764

Schedule of components of identifiable assets acquired

	Fair Value		Useful Life
	(in thousands)		(in years)
Patents	$	3,500	15
Total acquired identifiable intangible assets	$	3,500