BUSINESS COMBINATIONS (Tables)

9 Months Ended

Sep. 30, 2013

Acquisitions

Schedule of unaudited consolidated pro forma results of operations data

This information does not purport to be indicative of the actual results that would have occurred if the Mergers had actually been completed on the date indicated, nor is it necessarily indicative of the future operating results or the financial position of the combined company (in thousands, except per share amounts):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Revenue	$	61,193		$	65,261		$	189,146		$	197,269
Net income (loss)	$	(4,756	)	$	(36,853	)	$	(21,505	)	$	(52,317	)
Basic loss per share	$	(0.22	)	$	(1.75	)	$	(1.00	)	$	(2.49	)
Diluted loss per share	$	(0.22	)	$	(1.75	)	$	(1.00	)	$	(2.49	)

Livemocha, Inc.

Acquisitions

Schedule of preliminary purchase price allocation

The preliminary purchase price is allocated as follows (in thousands):

Cash	$	191
Accounts receivable	267
Other current assets	92
Fixed assets	35
Accounts payable and accrued expenses	(901		)
Deferred revenue	(794		)
Net deferred tax liability	(1,161		)
Net tangible assets acquired	(2,271		)
Goodwill	5,142
Amortizable intangible assets	5,500
Preliminary purchase price	$	8,371

Schedule of acquired amortizable intangible assets and the related estimated useful lives

The acquired amortizable intangible assets and the related estimated useful lives consist of the following (in thousands):

	Preliminary Estimated Useful Lives	Preliminary Estimated Value April 1, 2013
Online community	3 years	$	1,800
Enterprise relationships	5 years	100
Technology platform	5 years	3,400
Tradename	2 years	200
Total assets		$	5,500

Lexia

Acquisitions

Schedule of preliminary purchase price allocation

The preliminary purchase price is allocated as follows (in thousands):

Cash	$	263
Accounts receivable	2,404
Other current assets	105
Fixed assets	255
Accounts payable and accrued expenses	(899		)
Deferred revenue	(1,223		)
Net deferred tax liability	(4,210		)
Net tangible assets acquired	(3,305		)
Goodwill	9,938
Amortizable intangible assets	14,500
Preliminary purchase price	$	21,133

Schedule of acquired amortizable intangible assets and the related estimated useful lives

The acquired amortizable intangible assets and the related estimated useful lives consist of the following (in thousands):

	Preliminary Estimated Useful Lives	Preliminary Estimated Value August 1, 2013
Enterprise relationships	10 years	9,400
Technology platform	7 years	4,100
Tradename	5 years	1,000
Total assets		$	14,500