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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Sep. 30, 2013

Schedule of estimated useful lives of the assets

The estimated useful lives of the assets are as follows:



Buildings	30 years
Computer equipment	2 years
Office furniture	5 years
Leasehold improvements	5 years
Capitalized software	3 years

Schedule of estimated useful lives of the assets

The estimated useful lives of the assets are as follows:



Developed product technology	3 years
Customer relationships	10 years
Trademarks	3 - 5 years
Covenants not to compete	2 - 4 years

Schedule of subsegments

The breakdown of revenue between activity-driven and organization driven is as follows:



	Year Ended September 30,
	2013		2012		2011
	(dollars in thousands, except where otherwise indicated)
Activity‑driven revenue	$	28,134	$	19,064	$	9,875
Organization‑driven revenue	7,400		2,617		639
Total revenue	$	35,534	$	21,681	$	10,514

Schedule of valuation techniques to determine fair value using Level 3

The fair value was determined using the binomial lattice pricing model prior to IPO. The Company determined the fair value using Level 3 inputs as follows:



	9/30/2012
Dividend yield	—
Volatility	40	%
Risk-free rate	0.46	%

Schedule of reconciliation of changes in the fair value of derivative financial instruments

The following table sets forth a reconciliation of changes in the fair value of derivative financial instruments classified as liabilities:



	2013			2012
	(in thousands)
Balance as of beginning of fiscal year	$	439		$	153
Initial fair value recorded as debt discount	—			467
Change in fair value included in earnings	(439		)	(181		)
Balance as of September 30	$	—		$	439

Potential common shares excluded from the computation of diluted net loss per share

The following outstanding equity securities were excluded from the computation of diluted net loss per share available to Textura Corporation common stockholders as their inclusion would have been anti-dilutive:



	Year Ended September 30,
	2013	2012	2011
	(in thousands)
Conversion of redeemable or convertible preferred stock	—	5,558	5,504
Conversion of Submittal Exchange Holdings Class A preferred units	—	963	—
Outstanding Restricted stock units	709	630	348
Outstanding stock options	3,302	2,448	1,836
Outstanding common and preferred warrants	1,321	1,412	1,124
Total excluded securities	5,332	11,011	8,812

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details