2.2.0.25falsefalse0206 - Disclosure - Acquisition of Soft Sight, Inc.truefalsefalse1falsefalseUSDfalsefalse7/1/2010 - 3/31/2011 USD ($) USD ($) / shares $Jul-01-2010_Mar-31-2011http://www.sec.gov/CIK0001262976duration2010-07-01T00:00:002011-03-31T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0vprt_AcquisitionOfCompanyAbstractvprtfalsenadurationAcquisition Of Company.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringAcquisition Of Company.falsefalseAcquisition of Soft Sight, Inc. [Abstract]3false0us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00  <div style="font-family: 'Times New Roman',Times,serif"> <div align="left" style="font-size: 10pt; margin-top: 12pt"><b>6. Acquisition of Soft Sight, Inc.</b> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     On December 30, 2009, the Company acquired 100% of the outstanding equity of Soft Sight, Inc. (“Soft Sight”), a privately held developer of embroidery digitization software based in the United States, for $6,500 in cash. Soft Sight’s proprietary software enables a customer’s uploaded graphic artwork to be automatically converted into embroidery stitch patterns for subsequent manufacturing. </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     The transaction was accounted for under the acquisition method of accounting. All of the assets acquired and liabilities assumed in the transaction were recognized at their acquisition-date fair values, while transaction costs and restructuring costs associated with the transaction were expensed as incurred. The transaction and restructuring costs did not have a material impact on the Company’s consolidated results of operations or cash flows. The Company launched a line of embroidered products to customers in fiscal 2011. </div> <div align="left" style="font-size: 10pt; margin-top: 12pt"><i>Allocations of Assets and Liabilities</i> </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     The Company allocated the purchase price for Soft Sight to net tangible assets of $52, deferred tax assets of $691, intangible assets of $2,647, goodwill of $4,168 and a deferred tax liability of $1,059. Of the $2,647 of acquired intangible assets, $920 was immediately expensed as there was no economic value to the Company. The carrying value of the remaining intangible assets relate to developed embroidery technology and customer lists, which are being amortized over a weighted average life of approximately 3.8 years. </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     The deferred tax assets primarily relate to net operating loss carryforwards that have been utilized to reduce tax liabilities. The deferred tax liability primarily relates to the tax impact of future amortization or impairments associated with the identified intangible assets acquired, which are not deductible for tax purposes. </div> <div align="left" style="font-size: 10pt; margin-top: 6pt">     The difference between the consideration transferred to acquire the business and the fair value of assets acquired and liabilities assumed was allocated to goodwill. This goodwill relates to the potential synergies from the integration of the Soft Sight embroidery software capabilities into the Company’s existing product offering. The goodwill will not be deductible for income tax purposes. </div> </div>  <!-- Begin Block Tagged NotefalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSchedule of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This schedule does not include leveraged buyouts.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph 68 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 52 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph a Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141R -Paragraph F4 -Subparagraph e -Appendix F falsefalseAcquisition of Soft Sight, Inc.12Acquisition of Soft Sight, Inc.UnKnownUnKnownUnKnownUnKnownfalsetrue