SeaChange International, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions and Loss on Impairment of TLL, LLC (Tables)

Acquisitions and Loss on Impairment of TLL, LLC (Tables)

12 Months Ended

Jan. 31, 2018

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

The intangible assets are amortized to cost of sales and operating expenses, as appropriate, on a straight-line or accelerated basis, using the economic consumption life basis, to reflect the period that the assets will be consumed, which are:

Intangible assets with finite useful lives:
Customer contracts		1 - 8 years
Non-compete agreements		2 - 3 years
Completed technology		4 - 6 years
Trademarks, patents and other		5 - 7 years

DCC Labs [Member]

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