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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2018
Blue Tree Systems Limited [Member]  
Business Acquisition [Line Items]  
Purchase Price Allocation for Acquisition

The preliminary estimated purchase price allocation for the acquisition is as follows:

 

 

Amount

 

Cash

 

$

656

 

Accounts receivable

 

 

2,335

 

Inventories

 

 

1,395

 

Prepaid expenses and other current assets

 

 

992

 

Property, plant and equipment

 

 

72

 

Intangible assets

 

 

12,020

 

Total identifiable assets acquired

 

 

17,470

 

Accounts payable

 

 

4,124

 

Accrued expenses

 

 

778

 

Deferred tax liability

 

 

1,503

 

Total liabilities assumed

 

 

6,405

 

Net identifiable assets acquired

 

 

11,065

 

Goodwill

 

 

26,042

 

Total preliminary purchase price

 

$

37,107

 

 

Summary of Useful Lives of Customer Relationships Based on Customer Attrition

The remaining useful lives of the customer lists were based on the customer attrition and the projected economic benefit of these customers.

 

 

Estimated

 

 

 

 

 

 

 

useful life

 

 

 

 

 

 

 

(years)

 

 

Amount

 

Customer lists

 

 

10

 

 

$

9,200

 

Technology

 

 

10

 

 

 

2,700

 

Tradename

 

 

1

 

 

 

120

 

 

 

 

 

 

 

$

12,020

 

 

Inthinc [Member]  
Business Acquisition [Line Items]  
Purchase Price Allocation for Acquisition

The estimated purchase price allocation for the acquisition is as follows:

 

 

Amount

 

Accounts receivable

 

$

2,652

 

Inventories

 

 

906

 

Prepaid expenses and other current assets

 

 

112

 

Property, plant and equipment

 

 

258

 

Lease receivable

 

 

5,067

 

Intangible assets

 

 

16,000

 

Total identifiable assets acquired

 

 

24,995

 

Accounts payable

 

 

4,613

 

Accrued expenses

 

 

275

 

Other current and non-current liabilities

 

 

1,326

 

Total liabilities assumed

 

 

6,214

 

Net identifiable assets acquired

 

 

18,781

 

Goodwill

 

 

26,054

 

Total purchase price

 

$

44,835

 

 

Summary of Useful Lives of Customer Relationships Based on Customer Attrition

The estimated remaining useful lives of the customer lists were based on the customer attrition and the projected economic benefit of these customers.

 

 

Estimated

 

 

 

 

 

 

 

useful life

 

 

 

 

 

 

 

(years)

 

 

Amount

 

Customer lists

 

 

15

 

 

$

12,400

 

Technology

 

 

10

 

 

 

3,600

 

 

 

 

 

 

 

$

16,000