BUSINESS COMBINATIONS - (Tables)

3 Months Ended

Mar. 31, 2015

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]

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 years
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.

The purchase price was allocated as of the date of the acquisition as follows:



	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	86,123
Deferred tax assets	17,863
Other long-term assets	945
Current liabilities	(5,216		)
Other liabilities assumed	(1,406		)
	$	143,059