SeaChange International, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

TLL, LLC Acquisition and Loss on Impairment (Tables)

TLL, LLC Acquisition and Loss on Impairment (Tables)

3 Months Ended

Apr. 30, 2016

The allocation of the purchase price was as follows (amounts in thousands):


Fair value of consideration:
Cash, net of cash acquired	$	14,186
Closing stock consideration		3,019
Deferred stock consideration		4,959
Contingent consideration		475

Total purchase price	$	22,639


Fair value of assets acquired and liabilities assumed:
Current assets		95
Other long-term assets		108
Finite-life intangible assets		6,720
Goodwill		15,787
Current liabilities		(71	)

Allocated purchase price	$	22,639

Timeline Labs [Member]

Components of Identified Intangible Assets Associated with Timeline Labs Acquisition and their Estimated Useful Lives

The following table sets forth the components of the identified intangible assets associated with the Timeline Labs acquisition and their estimated useful lives:


	Useful life		Fair Value
			(Amounts in thousands)

Tradename		7 years	$	620
Customer contracts		7 years		4,760
Non-compete agreements		2 years		170
Existing technology		5 years		1,170

			$	6,720