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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2011
Business Combinations  
Purchase Price to the Assets and Liabilities
Current assets
 
$
33,442
 
Property and equipment
   
825
 
Non-current assets
   
6,526
 
Intangible assets
   
83,760
 
Goodwill
   
74,217
 
         
Total assets acquired
   
198,770
 
Total liabilities assumed
   
(58,406
)
         
Net assets acquired
 
$
140,364
 
Acquired Intangible Assets and Weighted-Average Useful Lives
                 
       
Weighted-
 
       
Average
 
 
Amount
   
Useful Life
 
 
(In thousands)
   
(Years)
 
           
Customer relationships
  $ 43,900       6.4  
Technology
    27,500       5.0  
State DMV contractual relationships
    6,190       6.0  
Non-compete agreements
    5,180       3.0  
Trade names
    990       3.0  
                 
Total acquired identifiable intangible assets
  $ 83,760       5.7  
Unaudited Pro Forma Summary of Operations
                                 
   
Three Months Ended June 30,
   
Six Months Ended June 30,
 
   
2011
   
2010
   
2011
   
2010
 
   
(In thousands, except per share data)
 
Net revenue
  $ 89,051     $ 76,544     $ 171,021     $ 146,271  
Net income (loss)
    2,563       (706 )     (152 )     (4,804 )
Basic net income (loss) per share
    0.06       (0.02 )     (0.00 )     (0.12 )
Diluted net income (loss) per share
    0.06       (0.02 )     (0.00 )     (0.12 )