Business Acquisitions (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Net Assets Acquired in Business Acquisitions

The following table summarizes the fair value of the consideration transferred, net assets acquired and liabilities assumed as a result of the acquisitions that occurred during 2013 and 2012:



	December 31,
(in thousands)	2013			2012
Fair value of total consideration transferred
Cash	$	5,025		$	56,112
Equity instruments	—			5,000
Contingent earn-out consideration arrangement	9,425			16,450
Secured promissory note issued	—			3,000
Total	$	14,450		$	80,562

Fair value of assets acquired and liabilities assumed
Cash	$	285		$	1,049
Other current assets	485			5,213
Property, plant, and equipment	144			1,328
Other long term assets	507			331
Intangible assets	5,396			20,246
Deferred tax liability	(947		)	(6,018		)
Current and other liabilities	(2,556		)	(7,586		)
Put option liability	—			(1,377		)
Net assets acquired, excludes goodwill	3,314			13,186

Goodwill	11,136			67,376

Total net assets acquired	$	14,450		$	80,562

Schedule of Identified Intangible Assets Acquired as Part of Business Acquisitions

The following table summarizes the separately identified intangible assets acquired as a result of the acquisitions that occurred during 2013 and 2012:



	December 31,
	2013			2012
			Weighted Average			Weighted Average
Intangible asset category	Fair Value		Useful Life	Fair Value		Useful Life
	(in thousands)		(in years)	(in thousands)		(in years)
Customer relationships	$	4,761	11.0	$	17,365	10.9
Developed technology	635		5.0	2,327		4.5
Non-compete agreements	—		0.0	118		5.0
Trademarks	—		0.0	436		10.0
Total acquired intangible assets	$	5,396	10.3	$	20,246	10.1

Schedule of Intangible Assets, Future Amortization Expense

Estimated aggregate future amortization expense for the intangible assets recorded as part of the business acquisitions described above and other prior acquisitions is as follows:



Estimated Amortization Expenses (in thousands):
For the year ending December 31, 2014	$	7,244
For the year ending December 31, 2015	6,589
For the year ending December 31, 2016	6,202
For the year ending December 31, 2017	5,791
For the year ending December 31, 2018	5,198
Thereafter	19,710

	$	50,734