Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.8.0.1
Acquisitions (Tables) - DCC Labs [Member]
9 Months Ended
Oct. 31, 2017
Summary of Allocation of Purchase Price

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

 

 

810

 

Goodwill

 

 

7,255

 

Current liabilities

 

 

(618

)

Other long-term liabilities

 

 

(506

)

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

 

4 years

 

$

60

 

Customer contracts

 

2 years

 

 

230

 

Non-compete agreements

 

2 years

 

 

30

 

Existing technology

 

3 years

 

 

490

 

 

 

 

 

$

810