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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Business Combinations, Assets Acquired and Liabilities Assumed
The following table shows the consideration transferred and the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed and the resultant purchase price allocation.
Dollars in thousands
November 10, 2015
Total consideration transferred
$
17,980

 
 
Assets acquired:
 
Accounts receivable
$
67

Prepaid expenses and other current assets
3,963

Property and equipment
252

Intangible assets
16,000

Total assets acquired
20,282

Liabilities assumed:
 
Deferred revenue
(750
)
Deferred tax liabilities
(563
)
Total liabilities assumed
(1,313
)
Total net assets acquired
$
18,969

Bargain purchase gain
$
989

Intangible Assets Acquired and Estimated Useful Life
Acquired identifiable intangible assets and their estimated useful life in years are as follows:
Dollars in thousands
Purchase
Price
 
Estimated Useful Life in Years
Trade name
$
14,000

 
10
Developed technology
$
2,000

 
3
Revenue and Operating Loss from the Acquisition of Gazelle
The following table shows the revenue and operating loss included in our Consolidated Statements of Comprehensive Income resulting from the acquisition of Gazelle since the closing date, including the amortization for acquired intangibles which are included in our ecoATM segment:
 
Year Ended
Dollars in thousands
December 31, 2015
Revenue
$
13,269

Operating loss
$
948

Pro Forma Information
Pro forma information
The following unaudited pro forma information represents the results of operations for Outerwall Inc. and includes the Gazelle business acquired as if the acquisition was consummated as of January 1, 2014.
 
Years Ended December 31,
 
(Unaudited)
Dollars in thousands
2015
 
2014
Pro-forma revenue
$
2,264,467

 
$
2,378,508

Pro-forma income from continuing operations
$
38,524

 
$
114,641