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ACQUISITION (Tables)
3 Months Ended
Mar. 31, 2016
ACQUISITION  
Schedule of preliminary allocable purchase price

 

 

 

 

 

Cash

    

$

554

 

Post-completion installment payment

 

 

554

 

Contingent consideration

 

 

881

 

Total allocable purchase price

 

$

1,989

 

 

Schedule of recognized amounts of identifiable assets acquired and liabilities assumed

 

 

 

 

 

Cash

     

$

110

 

Accounts receivable

 

 

412

 

Other assets

 

 

57

 

Intangible assets

 

 

1,091

 

Deferred income tax liability

 

 

(323)

 

Accounts payable

 

 

(51)

 

Accrued expenses and other

 

 

(521)

 

Net assets acquired

 

$

775

 

 

 

 

 

 

Goodwill

 

$

1,214

 

 

Schedule of purchase price assigned to intangible assets and the amortization period

 

 

 

 

 

 

 

 

    

Purchase Price

    

 

 

 

     

Allocation

     

Asset Life

 

Amortizable intangible assets:

 

 

 

 

 

 

Customer relationships

 

$

1,091

 

10

 years

Total intangible assets

 

$

1,091