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Business Combinations (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The components of the aggregate purchase price for the acquisition were as follows (in thousands):

Cash, including working capital adjustment
$
233,978

Fair value of contingent consideration
25,886

Total purchase price
$
259,864

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the allocation of assets acquired and liabilities assumed as of the Acquisition Date (in thousands):

 
Allocation of purchase price
Amortization period (in years)
Accounts receivable
$
8,461

 
Inventories
14,294

 
Prepaids and other current assets
411

 
Property and equipment, net
712

 
Other long term assets
30

 
Total tangible assets acquired
23,908

 
Less: liabilities assumed
5,060

 
Less: deferred tax liabilities
1,516

 
Net tangible assets acquired
$
17,332

 
 
 
 
Intangible assets:
 
 
Technology
73,510

10
Customer relationships
23,320

10
Trademark and trade names
4,380

6
In-process research and development (IPR&D)
3,750

 
Distributor relationships
1,940

2
Non-compete agreements
580

2
Goodwill
135,052

 
Total purchase price
$
259,864

 

Business Acquisition, Pro Forma Information
The pro forma information does not include any adjustment for potential revenue enhancements, cost synergies or other operating efficiencies that could result from the acquisition.
 
Year Ended December 31,
(in thousands)
2014
 
2013
Revenue
$
235,318

 
$
213,474

Net loss
(49,445
)
 
(30,544
)
Net loss per share
$
(1.19
)
 
$
(0.78
)