Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the purchase price and purchase price allocation for the acquisition of Hyperspring on November 14, 2014.

	Hyperspring

(in thousands)
Cash purchase price	$	3,000
Fair value of contingent consideration		3,953
Total purchase price	$	6,953

Purchase price allocation:
Cash	$	152
Contract receivables		1,719
Prepaid expenses and other current assets		23
Property and equipment, net		12
Intangible assets		779
Goodwill		5,612
Total assets		8,297

Line of credit		749
Accounts payable, accrued expenses, and other liabilities		586
Billings in excess of revenue earned		9
Total liabilities		1,344

Net assets acquired	$	6,953

Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]

As of December 31, 2015 and 2014, current contingent consideration totaled $2.6 million and $2.8 million, respectively. As of December 31, 2015 and 2014, the Company also had accrued contingent consideration totaling $1.1 million and $1.9 million, respectively, which is included in long-term liabilities on the consolidated balance sheet and represents the portion of contingent consideration estimated to be payable greater than twelve months from the balance sheet date. The breakdown of contingent consideration as it relates to the Company's acquisitions is given below.

(in thousands)
	December 31,
	2015		2014
Hyperspring, LLC	$	2,647	$	2,152
IntelliQlik, LLC		-		213
EnVision Systems, Inc.		-		477
Current contingent consideration	$	2,647	$	2,842

Hyperspring, LLC	$	1,085	$	1,948
Contingent consideration	$	1,085	$	1,948