ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2013

ACQUISITIONS [Abstract]

Net Assets and Liabilities Acquired

The following table summarizes the net assets and liabilities acquired, including identifiable intangible assets, based on their respective fair values at the acquisition date (in thousands):

Assets acquired
Cash	$	822
Accounts receivable, trade		525
Other current assets		2,095
Identifiable intangible assets		8,460
Goodwill (1)		12,751
Other assets		303
Total assets acquired		24,956
Liabilities assumed
Accounts payable and other accrued liabilities		420
Deferred revenue		555
Notes payable		511
Deferred tax liability		2,546
Total liabilities assumed		4,032
Net assets acquired	$	20,924

(1) None of the goodwill recognized is expected to be deductible for income tax purposes.

Intangible Assets Acquired

The following table presents details of the intangible assets acquired from Vineyard completed during the first quarter of 2013 (in thousands, except years):

	Estimated Useful Life (In Years)		Amount
Developed technology		5	$	5,910
Customer relationships		5		2,550
Total			$	8,460

Pro Forma Information

The following tables summarize the supplemental condensed consolidated statements of operations information on an unaudited pro forma basis as if the acquisition of Vineyard occurred on January 1, 2012 and include adjustments that were directly attributable to the foregoing transactions or were not expected to have a continuing impact on the Company. The pro forma results are for illustrative purposes only for the applicable period and do not purport to be indicative of the actual results that would have occurred had the transactions been completed as of the beginning of the period, nor are they indicative of results of operations that may occur in the future (in thousands, except per share amounts):

	Three Months Ended
	March 31,
	2013			2012
Pro forma revenues	$	14,636		$	12,620
Pro forma net loss		(3,751	)		(1,752	)
Basic and diluted loss per share	$	(0.19	)	$	(0.12	)

Pro Forma Adjustments

These adjustments are as follows (in thousands, except per share data):

	Three Months Ended
	March 31,
	2013			2012
Acquisition-related expenses	$	(1,006	)	$	0
Intangible amortization		36			414
Net change in stock compensation expense		(636	)		927
Increase (decrease) in deferred compensation expense		(1,342	)		1,468
Increase in weighted average common shares outstanding for shares issued and not already included in the weighted average common shares outstanding		46			518