Acquisition of TelWorx Communications LLC (Tables) (TelWorx Communications LLC [Member])

9 Months Ended

Sep. 30, 2013

TelWorx Communications LLC [Member]

Allocation of Purchase Price for Assets from Date of Acquisition

The following is the allocation of the purchase price for the assets acquired from TelWorx at the date of the acquisition.

	Estimated Fair Value July 9, 2012 as reported at September 30, 2012		Provisional Adjustments Subsequent to September 30, 2012			Estimated Fair Value July 9, 2012
Tangible assets:
Accounts receivable	$	1,575	($	205	)	$	1,370
Inventory		1,843		(465	)		1,378
Prepaid expenses		9		0			9
Fixed assets		248		0			248
Total tangible assets		3,675		(670	)		3,005
Intangible assets:
Goodwill		9,491		3,059			12,550
Trade names		1,527		(268	)		1,259
Technology		458		12			470
Customer relationships		2,898		(2,781	)		117
Backlog		91		(58	)		33
Non-compete		262		(248	)		14
Total intangible assets		14,727		(284	)		14,443
Total assets		18,402		(954	)		17,448
Capital leases		57		(20	)		37
Accounts payable		1,113		100			1,213
Accrued liabilities		85		33			118
Total liabilities		1,255		113			1,368
Net assets acquired	$	17,147	($	1,067	)	$	16,080

Pro Forma Financial Information for TelWorx

The following pro forma financial information gives effect to the acquisition of the TelWorx business as if the acquisition had taken place on January 1, 2012. The pro forma financial information for TelWorx was derived from the unaudited historical accounting records of TelWorx.

	(unaudited)
	Nine Months Ended
	September 30, 2012
REVENUES	$	70,335
LOSS BEFORE INCOME TAXES	$	597