ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2014

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation by Component

The Company estimated the contingent consideration based on the expected growth of Netsoft during the earn-out period. As of March 5, 2014, the preliminary purchase consideration paid to acquire Netsoft was as follows:

	Amount
Cash paid at Closing	$	2,419
Working capital adjustment		(46	)
Deferred consideration payable in cash		1,400
Contingent consideration payable in cash		1,825
Total preliminary consideration	$	5,598

Purchase Price Allocation

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

	Amount
Trade receivables and other current assets	$	788
Property and equipment		52
Deferred tax asset		351
Goodwill and acquired intangible assets		4,476
Total assets acquired		5,667
Accounts payable and accrued expenses		69
Total liabilities assumed		69
Net assets acquired	$	5,598