Business Acquisitions Business Acquisitions (Tables)

6 Months Ended

Jun. 30, 2013

Lorex Technology Inc

Business Acquisition [Line Items]

Allocation of the purchase price

The preliminary allocation of the purchase price is as follows (in thousands):

Cash acquired	$	1,170
Accounts receivable, net	10,183
Inventories	13,967
Property and equipment	1,049
Other assets	3,004
Liabilities	(10,252		)
Net tangible assets	19,121
Net deferred taxes	(2,387		)
Identifiable intangible assets	15,100
Goodwill	29,336
Purchase price	$	61,170

Identifiable intangible assets and the estimated useful life

The identifiable intangible assets and the estimated useful life of each are as follows (in thousands):

	Estimated Useful Life	Amount
Lorex Trade Name	indefinite	$	6,800
Customer Relationships	7 years	8,300
		$	15,100

Traficon International NV

Business Acquisition [Line Items]

Allocation of the purchase price

The preliminary allocation of the purchase price is as follows (in thousands):

Cash acquired	$	181
Accounts receivable, net	6,435
Inventories	2,853
Property and equipment	179
Other assets	657
Liabilities	(5,248		)
Net tangible assets	5,057
Net deferred taxes	(5,166		)
Identifiable intangible assets	20,102
Goodwill	28,370
Purchase price	$	48,363

Identifiable intangible assets and the estimated useful life

The identifiable intangible assets and the estimated useful life of each are as follows (in thousands):

	Estimated Useful Life	Amount
Patented/Proprietary Technology	10 years	$	5,951
Backlog	1.5 years	1,852
Customer Relationships	12 years	12,299
		$	20,102