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

Acquisitions and Loss on Impairment (Tables)

Acquisitions and Loss on Impairment (Tables)

9 Months Ended

Oct. 31, 2016

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


Estimated Fair value of consideration:
Cash, net of cash acquired	$	5,243
Stock consideration		2,640

Total purchase price	$	7,883

Estimated Fair value of assets acquired and liabilities assumed:
Current assets		826
Other long-term assets		116
Finite-life intangible assets		3,100
Goodwill		5,401
Current liabilities		(618	)
Other long-term liabilities		(942	)

Allocated purchase price	$	7,883

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

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


	Useful life		Fair Value
			(Amounts in thousands)
Tradename		5 years	$	200
Customer contracts		9 years		1,400
Non-compete agreements		2 years		100
Existing technology		7 years		1,400

			$	3,100

Timeline Labs [Member]

Summary of Allocation of Purchase Price

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

Components of Identified Intangible Assets Associated with 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