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Business Acquisition (Tables)
12 Months Ended
Dec. 31, 2018
Schedule of acquired intangible assets
  Estimated
Fair value
  Estimated Weighted
Average Life (years)
 
Technology and patents $220,900   5.4 
Customer contracts and relationships  197,100   10.0 
Tradenames  55,400   indefinite 
Trademarks and tradenames  10,800   10.0 
Backlog  16,500   0.4 
Total estimated fair value of intangible assets $500,700     
Ruckus Wireless and ICX Switch business (Ruckus Networks)  
Schedule of fair value of consideration transferred
Cash consideration $779,743 
Working capital adjustments  (15,219)
Non-cash consideration (1)  (2,359)
Total consideration transferred $762,165 

 

(1)Non-cash consideration represents $2.4 million settlement of preexisting payables and receivables between Ruckus Networks and ARRIS.
Schedule of estimated fair values of net assets acquired
    Amounts Recognized
as of Acquisition
Date
 
Total consideration transferred   $ 762,165  
Cash and cash equivalents     18,958  
Accounts receivable     26,022  
Inventories     48,436  
Prepaids and other     3,792  
Property, plant & equipment     31,863  
Intangible assets     500,700  
Other assets     6,852  
Accounts payable and accrued liabilities     (15,693 )
Other current liabilities     (11,654 )
Deferred revenue     (46,748 )
Noncurrent deferred income tax liabilities, net     (81,928 )
Other noncurrent liabilities     (7,408 )
Net assets acquired     473,192  
Goodwill   $ 288,973