BUSINESS COMBINATIONS - (Tables)

9 Months Ended

Sep. 30, 2014

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The total purchase price, before working capital adjustments and deduction for specified closing expenses, of the acquisition equaled:



	July 31, 2014
	(in thousands)
Cash, including cash acquired of $3.0 million	$	142,639
Fair value of earn-out	420
Total purchase price	$	143,059

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



	July 31, 2014
	(in thousands)
Current assets	$	12,287
Fixed assets	983
Intangible assets acquired:
Distributor and end-customer relationships	3,910
Backlog	1,670
Non-compete agreements	1,000
Trade name	300
Developed technology	10,910
In-process technology	13,690
Goodwill	87,988
Deferred tax assets	16,272
Other long-term assets	945
Current liabilities	(5,490		)
Other liabilities assumed	(1,406		)
	$	143,059

The following table sets forth the components of the identifiable intangible assets subject to amortization which are being amortized on a straight-line basis over their estimated useful lives:



Intangible assets acquired:	Method of Valuation	Discount Rate Used	Estimated Useful Lives
Distributor and end-customer relationships	Income approach	19% - 24%	0.5 - 3 years
Backlog	Income approach	19%	0.5 year
Non-compete agreements	Income approach	24%	1 - 2 years
Trade name	Income approach	24%	1 year
Developed technology	Income approach	22% - 23%	1 - 5 years
In-process technology	Income approach	25%	5 years (1)
(1) In-process technology is not amortized until the associated project has been completed. Alternatively, if the associated project is determined not to be viable, it will be expensed.