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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Summary of the Purchase Price Allocation

A summary of the purchase price allocation for Springboard is as follows (in thousands):

 

Assets:

  

Cash

   $ 85   

Accounts receivable

     561   

Other current assets

     285   

Goodwill

     3,695   

Intangible assets

     4,815   
  

 

 

 

Total assets

     9,441   
  

 

 

 

Liabilities:

  

Accrued expenses

     160   

Deferred revenue

     312   
  

 

 

 

Total liabilities

     472   
  

 

 

 

Net assets acquired

   $ 8,969   
  

 

 

 
Summary of Identifiable Intangible Assets Acquired and their Respective Weighted Average Lives

Intangible assets are amortized according to the expected cash flows to be received. The following are the identifiable intangible assets acquired and their respective weighted average lives (dollars in thousands):

 

     Assigned
Value
     Useful
Life
(in years)
 

Customer relationships

   $ 3,605         7.5   

Research content

     1,080         1.5   

Backlog

     130         1.0   
  

 

 

    
   $ 4,815