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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2014
Schedule of Acquisition Date Fair Value of Assets and Liabilities

The following table summarizes the August 8, 2013 acquisition-date fair value of the assets and liabilities acquired in connection with the GrubHub Holdings Inc. business combination:

 

     (in thousands)  

Cash and cash equivalents

   $ 13,266   

Accounts receivable

     2,108   

Other identifiable assets

     4,422   

Customer and vendor relationships

     167,450   

Deferred tax asset

     4,013   

Deferred tax liability

     (88,937 )

Developed technology

     5,143   

Goodwill

     239,346   

Liabilities assumed

     (10,602 )

Trademarks

     85,276   
  

 

 

 

Total net assets acquired

   $ 421,485   
  

 

 

 
Pro Forma Summary of Operation

The following unaudited pro forma information presents a summary of the operating results of the Company for the three months ended March 31, 2013 as if GrubHub Inc. had acquired GrubHub Holdings Inc. as of January 1, 2013:

 

     Three Months Ended
March 31, 2013
 
     (in thousands)  

Revenues

   $ 39,377   

Net loss

   $ (749
Pro Forma Adjustments

The pro forma adjustments reflect the additional amortization that would have been recognized for the intangible assets, replacement stock option awards compensation cost for services performed after the Merger, elimination of transaction costs incurred and pro forma tax adjustments for the three months ended March 31, 2013 as follows:

 

     Three Months Ended
March 31, 2013
 
     (in thousands)  

Amortization of intangible assets

   $ 2,675   

Stock-based compensation

     1,214   

Transaction costs

     (761

Income tax benefit

     (2,037