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Business Combinations (Tables)
3 Months Ended
Jun. 30, 2012
Business Combinations [Abstract]  
Purchase price details
The total purchase price for Matrix and Poseidon acquisitions during the three months ended June 30, 2012 are summarized as follows:
 
Matrix
 
Poseidon
Cash paid
$
5,073

 
$
2,033

Purchase price holdback
853

 
500

Common stock issued at fair value
3,953

 

Contingent consideration
2,862

 

Non-compete agreement
1,100

 

Total purchase price
$
13,841

 
$
2,533

Fair value of the net tangible assets acquired and liabilities assumed
The following table summarizes the final purchase price allocation for the Matrix and Poseidon acquisitions:
 
Matrix
 
Poseidon
Fair value of the net tangible assets acquired and liabilities assumed:
 
 
 
Current assets (including accounts receivable of $1,287 and $111 for Matrix and Poseidon, respectively)
1,755

 
143

Equipment and improvements and other long-term assets
966

 
39

Accounts payable and accrued liabilities
(746
)
 

Deferred revenues

 
(18
)
Total net tangible assets acquired and liabilities assumed
1,975

 
164

Fair value of identifiable intangible assets acquired:
 
 
 
Trade Name
150

 

Customer relationships
8,650

 
800

Software technology

 
1,150

Non-compete agreement
1,100

 

Goodwill
1,966

 
419

Total identifiable intangible assets acquired
11,866

 
2,369

Total purchase price
$
13,841

 
$
2,533