Business Acquisitions (Tables)

6 Months Ended

Jun. 30, 2017

Business Acquisition, Pro Forma Information [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The Company’s allocation of TVN purchase consideration is as follows (in thousands):



Assets:
Cash and cash equivalents	$	6,843
Accounts receivable, net	14,933
Inventories	3,462
Prepaid expenses and other current assets	2,412
Property and equipment, net	9,942
French R&D tax credit receivables ⁽¹⁾	26,421
Other long-term assets	2,134
Total assets	$	66,147
Liabilities:
Other debts and capital lease obligations, current	8,362
Accounts payable	12,494
Deferred revenue	2,504
Accrued and other current liabilities	18,365
Other debts and capital lease obligations, long-term	16,087
Other non-current liabilities	6,467
Deferred tax liabilities	2,126
Total liabilities	$	66,405

Goodwill	41,670
Intangibles	41,100
Total purchase consideration	$	82,512

(1) See Note 8, “Balance Sheet Components-Prepaid expenses and other current assets” for more information on French R&D tax credit receivables.

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following table presents details of the intangible assets acquired through this business combination (in thousands, except years):



	Estimated Useful Life (in years)	Fair Value
Backlog	6 months	$	3,600
Developed technology	4 years	21,700
Customer relationships	5 years	15,200
Trade name	4 years	600
		$	41,100

Business Combination Acquisition And Integration Cost

As a result of the TVN acquisition, the Company incurred acquisition-and integration-related expenses and the amounts are summarized in the table below (in thousands):



	Acquisition-related				Integration-related
	Three months ended		Six months ended		Three months ended				Six months ended
	July 1, 2016				June 30, 2017		July 1, 2016		June 30, 2017		July 1, 2016
Product cost of revenue	$	—	$	—	$	—	$	433	$	342	$	491
Research and development	—		—		—		500		7		550
Selling, general and administrative	885		3,321		467		1,585		2,268		2,137
Total acquisition- and integration-related expenses	$	885	$	3,321	$	467	$	2,518	$	2,617	$	3,178

Business Acquisition, Pro Forma Information

The following unaudited pro forma summary presents consolidated information of the Company as if the acquisition of TVN had occurred on January 1, 2015, the beginning of the comparable prior annual period. The unaudited pro forma combined results are provided for illustrative purpose only and are not indicative of the Company’s actual consolidation results.

The pro forma adjustments primarily relate to the amortization of acquired intangibles and interest expense related to financing arrangements. In addition, the unaudited pro forma net loss for the three and six months ended July 1, 2016 was adjusted to exclude $6.5 million of acquisition- and integration- related expenses, respectively. These adjustments exclude the income tax impact.



	Six months ended
	July 1, 2016
(in millions, except per share amounts)
Net revenue	$	200.1
Net loss	(40.3		)
Net loss per share-basic and diluted	$	(0.52	)