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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
System Metrics Corporation  
Business Acquisition [Line Items]  
Summary of assets acquired and liabilities assumed

The adjustments in 2013 were as follows (dollars in thousands):

                                                                                                                                                                                    

 

 

Recognized
as of
Acquisition

 

Measurement
Period
Adjustments

 

Recognized
as of
Acquisition
As Revised

 

Assets—

 

 

 

 

 

 

 

 

 

 

Property and equipment

 

$

3,781

 

$

—

 

$

3,781

 

Intangible assets

 

 

4,380

 

 

—

 

 

4,380

 

Goodwill

 

 

10,368

 

 

159

 

 

10,527

 

Other assets

 

 

643

 

 

—

 

 

643

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

 

 

 

19,172

 

 

159

 

 

19,331

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

Liabilities—

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

3,684

 

 

(5

)

 

3,679

 

Non-current liabilities

 

 

2,304

 

 

332

 

 

2,636

 

Deferred income taxes

 

 

1,326

 

 

(168

)

 

1,158

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

 

 

 

7,314

 

 

159

 

 

7,473

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

Net acquisition price

 

$

11,858

 

$

—

 

$

11,858

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

​  

​  

​  

 

Schedule of pro forma results

        The pro forma results are as follows (dollars in thousands):

                                                                                                                                                                                    

 

 

For the Year Ended
December 31,

 

 

 

2013

 

2012

 

Revenues

 

$

396,950 

 

$

393,280 

 

Net income

 

 

10,940 

 

 

109,438 

 

 

Wavecom Solutions Corporation  
Business Acquisition [Line Items]  
Summary of assets acquired and liabilities assumed

The following table summarizes the assets acquired and the liabilities assumed (dollars in thousands):

                                                                                                                                                                                    

 

 

Recognized
as of
Acquisition

 

Measurement
Period
Adjustments

 

Recognized
as of
Acquisition
As Revised

 

Assets—

 

 

 

 

 

 

 

 

 

 

Property and equipment

 

$

11,898

 

$

876

 

$

12,774

 

Intangible assets

 

 

1,060

 

 

(410

)

 

650

 

Goodwill

 

 

1,569

 

 

8

 

 

1,577

 

Deferred income taxes

 

 

—

 

 

488

 

 

488

 

Other assets

 

 

1,663

 

 

—

 

 

1,663

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

 

 

 

16,190

 

 

962

 

 

17,152

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

Liabilities—

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

2,360

 

 

—

 

 

2,360

 

Payable from Wavecom to the Company

 

 

4,037

 

 

—

 

 

4,037

 

Non-current liabilities

 

 

1,450

 

 

650

 

 

2,100

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

 

 

 

7,847

 

 

650

 

 

8,497

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

Net acquisition price

 

$

8,343

 

$

312

 

$

8,655

 

​

​

​  

​  

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

​  

​  

​  

 

Schedule of pro forma results

        The pro forma results are as follows (dollars in thousands):

                                                                                                                                                                                    

 

 

Year Ended
December 31,
2012

 

Revenues

 

$

394,159 

 

Net income

 

 

106,124