XML 56 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Details of the Company’s goodwill were as follows:
 
 
December 31, 2015
 
December 31, 2014
 
 
 
 
 
 
 
(in thousands)
Beginning balance
 
$
16,290

 
$
1,491

Additions from the acquisition of iSocket
 

 
11,778

Additions from the acquisition of Shiny
 

 
3,021

Additions from the acquisition of Chango
 
52,513

 

Error correction related to iSocket (See Note 7)
 
(2,317
)
 

Measurement period adjustment related to Chango (See Note 7)
 
(520
)
 

Other adjustment related to Chango (See Note 7)
 
(261
)
 

Ending balance
 
$
65,705

 
$
16,290

Schedule of Finite-Lived Intangible Assets
The estimated useful lives of the Company’s intangible assets are as follows:
 
Years
Developed technology
3 to 5
Customer relationships
2.5 to 5
Non-compete agreements
2 to 3
Other intangible assets
0.5 to 1
Details of the Company’s intangible assets were as follows:
 
 
December 31, 2015
 
December 31, 2014
 
 
 
 
 
 
 
(in thousands)
Amortizable intangible assets:
 
 
 
 
Developed technology
 
$
35,756

 
$
13,176

Customer relationships
 
25,330

 
3,330

Non-compete agreements
 
4,990

 
490

Trademarks
 

 
3

Total identifiable intangible assets, gross
 
66,076

 
16,999

Total accumulated amortization—intangible assets
 
(15,293
)
 
(2,909
)
Total identifiable intangible assets, net
 
$
50,783

 
$
14,090

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of December 31, 2015, the estimated remaining amortization expense associated with the Company’s intangible assets for each of the next five fiscal years was as follows:
Fiscal Year
Amount
 
(in thousands)
2016
$
16,227

2017
13,725

2018
9,941

2019
8,680

2020 and thereafter
2,210

Total
$
50,783