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Business Combinations and Goodwill Business Combination (Tables)
12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The final allocation of the total purchase price is as follows:
(In thousands)
Estimated Fair Value
Assets acquired:
 
Cash, cash equivalents and short-term investments
$
157,923

Accounts receivable
30,677

Inventory
20,839

Other current assets
7,183

Property and equipment
23,429

Other non-current assets
1,573

Intangible assets
192,079

Goodwill
237,608

Total assets acquired
671,311

Less liabilities assumed:
 
Accounts payable and other accrued liabilities
47,735

Other current liabilities
1,252

Long-term liabilities
26,675

Redeemable noncontrolling interest
7,172

Total liabilities assumed
82,834

Fair value of net assets acquired
$
588,477


The following table presents details of the identified intangible assets acquired through the acquisition of Silicon Image:
(In thousands)
Asset Life in Years
 
Fair Value
Developed technology
3-5
 
$
125,000

Customer relationships
4-7
 
29,458

Licensed technology
3-5
 
1,852

Patents
5
 
769

Total identified finite-lived intangible assets
 
 
157,079

In-process research and development
indefinite
 
35,000

Total identified intangible assets
 
 
$
192,079

The fair value of the purchase price consideration consisted of the following:

(In thousands)
Estimated Fair Value
Cash paid to Silicon Image shareholders
$
575,955

Cash paid for options and RSUs
7,383

Fair value of partially vested stock options and RSUs assumed
5,139

Total purchase consideration
$
588,477

Business Acquisition, Pro Forma Information
The unaudited pro forma financial information for the fiscal year ended January 3, 2015 combined the historical results of the Company for the fiscal year ended January 3, 2015, the historical results of Silicon Image for the fiscal year ended January 3, 2015, and the effects of the pro forma adjustments described above.
 
 
Year Ended
(Dollars in thousands, except per share data)
 
January 2, 2016
 
January 3, 2015
Total revenues
 
$
450,867

 
$
624,179

Net (loss) income attributable to stockholders
 
$
(147,436
)
 
$
10,376

Basic net (loss) income per share
 
$
(1.26
)
 
$
0.09

Diluted net (loss) income per share
 
$
(1.26
)
 
$
0.09