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Basis of consolidation (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure Of Basis Of Consolidation [Abstract]  
Schedule of consolidated financial statements of consolidated subsidiaries
The consolidated financial statements comprise the following fully consolidated subsidiaries:
Entity
 
Equity Share as of December 31, 2019
 
Equity Share as of December 31, 2018
 
Spark Networks Services GmbH (previously, Affinitas GmbH)
 
100
%
 
100
%
 
Samadhi SAS (acquired on September 30, 2016)
 
100
%
 
100
%
 
EliteSingles LLC (formed on April 1, 2015)
 
100
%
 
100
%
 
Spark Networks, Inc. (acquired on November 2, 2017)
 
100
%
 
100
%
 
Spark Networks Limited (acquired on November 2, 2017)
 
100
%
 
100
%
 
LOV USA, LLC (acquired on November 2, 2017)
 
100
%
 
100
%
 
Spark Networks USA, LLC (acquired on November 2, 2017)
 
100
%
 
100
%
 
Spark Networks (Israel) Limited (acquired on November 2, 2017)
 
100
%
 
100
%
 
JDate Limited (acquired on November 2, 2017)
 
100
%
 
100
%
 
HurryDate, LLC (acquired on November 2, 2017)
 
100
%
 
100
%
 
MingleMatch, Inc. (acquired on November 2, 2017)
 
100
%
 
100
%
 
Kizmeet, Inc. (acquired on November 2, 2017)
 
100
%
 
100
%
 
Reseaux Spark Canada Ltd. (acquired on November 2, 2017)
 
100
%
 
100
%
 
SocialNet, Inc. (acquired on November 2, 2017)
 
100
%
 
100
%
 
SN Events, Inc. (acquired on November 2, 2017)
 
100
%
 
100
%
 
SN Holdco, LLC (acquired on November 2, 2017)
 
100
%
 
100
%
 
Smooch Labs, Inc. (acquired on November 2, 2017)
 
100
%
 
100
%
 
SilverSingles LLC (formed on December 22, 2018)
 
100
%
 
100
%
 
LDS Singles LLC (formed on May 17, 2019)
 
100
%
 
%
 
Adventist Singles LLC (formed on May 17, 2019)
 
100
%
 
%
 
Charm Labs LLC (formed on May 17, 2019)
 
100
%
 
%
 
Zoosk, Inc. (acquired on July 1, 2019)
 
100
%
 
%
 
Zoosk Limited (acquired on July 1, 2019)
 
100
%
 
%
 
Zoosk Ireland Limited (acquired on July 1, 2019)
 
100
%
 
%
 
Schedule of purchase price
As Spark’s common stock was publicly traded in the active market, Affinitas’ and Spark’s management determined that Spark’s common stock was a more reliable measure to determine fair value of the consideration transferred in the Affinitas / Spark Merger. Using this approach, the purchase price was calculated as follows:
 
Spark Networks, Inc.
 
(in thousands)
Spark common stock outstanding as of November 2, 2017
34,701

Multiplied by Adjustment Ratio
0.1

New Spark ADSs to be issued, as converted
3,470

 
 

Spark common stock per share price as of November 2, 2017
$
0.99

USD to EUR exchange rate as of November 2, 2017
0.8587

Spark common stock per share price as of November 2, 2017
0.85

Divided by Adjustment Ratio
0.1

Per share fair value of Spark common stock as of November 2, 2017
8.50

Fair value of New Spark ADSs to be issued pursuant to the Business Combination
29,499

The following table summarizes the acquisition date fair value of each major class of consideration transferred:

 
(in thousands)
Final merger aggregate adjusted cash consideration(1)
$
99,085

Cash consideration holdback amount (discounted 1.5 years)
$
9,814

Total merger aggregate cash consideration
$
108,899

 
 
Spark Networks American Depository Shares (ADSs, in thousands) consideration
12,980

Spark Networks ADS closing price as of July 1, 2019
$
11.81

Merger aggregate stock consideration value
$
153,294

 


Merger aggregate consideration
$
262,193

USD to EUR exchange rate as of July 1, 2019
0.8811

Merger aggregate consideration
231,028

(1)Final merger aggregate adjusted cash consideration has been adjusted as of July 1, 2019 to include the final adjustment surplus determined in January 2020.
Schedule of amounts of assets acquired and liabilities assumed
The following table summarizes the recognized amounts of assets acquired and liabilities assumed at the date of acquisition as well as the resulting goodwill:
in thousands
Acquisition date fair values
Goodwill
135,630

Intangible assets
109,710

Property, plant and equipment
7,268

Non-current assets
25,974

Trade receivables
7,215

Other current assets
2,459

Cash and cash equivalents
5,820

Total assets
294,076

Current liabilities
(22,545
)
Other liabilities
(33,156
)
Contract liabilities
(7,347
)
Identifiable net assets acquired and the resulting goodwill
231,028

The following table summarizes the recognized amounts of assets acquired and liabilities assumed at the date of acquisition: 
(in thousands)
Acquisition date fair values
Goodwill
20,453

Intangible assets
6,243

Property, plant and equipment
81

Non-current assets
27

Trade receivables
336

Other current assets
1,424

Cash and cash equivalents
6,606

Total assets
35,170

Current liabilities
(4,071
)
Other liabilities
(41
)
Deferred income
(1,559
)
Net assets acquired
29,499

Schedule of Intangible Assets Acquired as Part of Business Combination
The following table summarizes the components of the acquired intangible assets and estimated useful lives (in thousands, except for estimated useful lives):

in thousands
 
Acquisition date fair values
 
Estimated Useful Life
Trademark
 
96,431

 
indefinite
Customer relationships
 
7,325

 
2.0
Developed technology
 
5,912

 
2.0
Purchased software
 
22

 
less than 1 year
Licenses
 
20

 
less than 1 year
 
 
109,710