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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2015
Business Combinations [Abstract]  
Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the fair value of assets acquired and liabilities assumed (in thousands):

 

Cash and cash equivalents

 

$

424

 

Accounts receivable

 

 

639

 

Intangible assets

 

 

13,290

 

Accounts payable and accrued liabilities

 

 

(1,247

)

Deferred tax liability

 

 

(5,158

)

Indentifiable assets and liabilities assumed

 

 

7,948

 

Goodwill

 

 

35,769

 

Total

 

$

43,717

 

 

Fair Value of Acquired Intangible Assets and Estimated Useful Life

The fair value of acquired intangible assets and their estimated useful life are as follows (in thousands, except estimated useful life):

 

 

 

Fair Value

 

 

Estimated Useful Life

Developed technology

 

$

5,910

 

 

5

Customer relationships

 

 

4,390

 

 

8

Trade names

 

 

2,990

 

 

8

Total

 

$

13,290