Business Combinations (Tables)

6 Months Ended

Jun. 30, 2017

The following table presents details of the intangible assets acquired during the year ended December 31, 2016 (dollars in millions):

	Weighted Average Useful Life	Estimated Useful Life	Aggregate Acquisitions
Customer relationships	5 years	5 years	$	2.5
Customer backlog	6 months	6 months		0.4
Non-compete agreements	5 years	5 years		0.2
Trade name	1 year	1 year		-
Total acquired intangible assets			$	3.1

The following table presents details of the intangible assets acquired during the six months ended June 30, 2017 (dollars in millions):

Weighted Average Useful Life		Estimated Useful Life	Aggregate Acquisitions
Customer relationships	6 years	6 years	$	17.3
Customer backlog	1 year	3 months - 1 year		1.8
Non-compete agreements	5 years	2 - 5 years		0.7
Trade name	1 year	1 year		0.1
Internally developed software	4 years	4 years		0.6
Total acquired intangible assets			$	20.5

Acquisitions Included in Results of Operations

The aggregate amounts of revenue and net income of the RAS and Clarity acquisitions in the Unaudited Condensed Consolidated Statements of Operations from the acquisition date to June 30, 2017 are as follows (in thousands):

	Acquisition Date to
	June 30, 2017
Revenues		$	5,550
Net income		$	226

Pro-Forma Results of Operations

These unaudited pro-forma results are presented in compliance with the adoption of ASU No. 2010-29, Business Combinations (Topic 805): Disclosure of Supplementary Pro Forma Information for Business Combinations, and are not necessarily indicative of the actual consolidated results of operations had the acquisitions actually occurred on January 1, 2016 or January 1, 2015 or of future results of operations of the consolidated entities (in thousands except per share data):

	Six Months Ended June 30,
	2017		2016
Revenues	$	243,220	$	267,658
Net income	$	7,688	$	11,436
Basic net income per share	$	0.23	$	0.33
Diluted net income per share	$	0.22	$	0.32
Shares used in computing basic net income per share		33,691		34,201
Shares used in computing diluted net income per share		34,596		35,576

BlueTube [Member]

Business Combinations [Abstract]

Allocation of Total Purchase Price Consideration

The Company allocated the total purchase price consideration between tangible assets, identified intangible assets, liabilities, and goodwill as follows (in millions):

Acquired tangible assets	$	0.9
Acquired intangible assets		3.1
Liabilities assumed		(0.6	)
Goodwill		5.7
Total purchase price	$	9.1

RAS [Member]

Business Combinations [Abstract]

Allocation of Total Purchase Price Consideration

The Company allocated the total purchase price consideration between tangible assets, identified intangible assets, liabilities, and goodwill as follows (in millions):

Acquired tangible assets	$	0.9
Acquired intangible assets		5.1
Liabilities assumed		(1.0	)
Goodwill		5.4
Total purchase price	$	10.4

Clarity Consultants [Member]

Business Combinations [Abstract]

Allocation of Total Purchase Price Consideration

The Company has estimated the allocation of the total purchase price consideration between tangible assets, identified intangible assets, liabilities, and goodwill as follows (in millions):

Acquired tangible assets	$	6.3
Acquired intangible assets		15.4
Liabilities assumed		(3.8	)
Goodwill		23.6
Total purchase price	$	41.5