Acquisitions (Tables)

9 Months Ended

Sep. 30, 2012

Purchase Price Allocated to Assets Acquired

The purchase price was allocated to the assets acquired based on their related fair values, as follows:

Cash and cash equivalents	$	1,111
Trade receivables and other current assets		2,484
Property and equipment		92
Deferred tax asset		1,348
Acquired intangible assets		5,296
Goodwill		2,935
Total assets acquired		13,266
Accounts payable and accrued expenses		461
Assumed shareholder and director loans		1,290
Deferred revenue and other liabilities		411
Total liabilities assumed		2,162
Net assets acquired	$	11,104

Estimated Fair Values and Useful Lives of Intangible Assets Acquired

The following table presents the estimated fair values and useful lives of intangible assets acquired:

	May 23, 2012		Weighted Average Useful Life (in years)
Customer relationships	$	2,810		15
Trade names		2,014		5
Non-competition agreements		472		5
Total	$	5,296