ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2015

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

The following table summarizes the preliminary purchase price allocation to the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition (in thousands). During the three months ended September 30, 2015, the Company offset the deferred tax assets and liabilities, and presented a net amount within each tax jurisdiction. The Company is continuing to collect information, refine preliminary valuations with additional information, and evaluate the fair value of the assets and liabilities acquired, and related tax effects. As a result, adjustments to the values presented below may be made over the next several quarters.

Cash	$	7,477
Accounts receivable, net	9,004
Inventories	4,810
Other current assets	1,092
Property and equipment	1,338
Identifiable intangible assets	37,200
Other assets	3,457
Goodwill	33,905
Total assets acquired	98,283
Accounts payable	(1,395		)
Accrued expenses and other current liabilities	(7,045		)
Deferred revenue and deposits	(5,154		)
Deferred tax liabilities, net	(7,306		)
Other long-term liabilities	(3,939		)
Total liabilities assumed	(24,839		)
Net assets acquired	$	73,444

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The following are the identifiable intangible assets acquired and their respective weighted average useful lives, as determined based on preliminary valuations (dollars in thousands):

	Weighted Average Life (Years)	Amount
Core and completed technology	4	$	31,200
Customer relationships	4	5,800
Trade name	1	200
Total		$	37,200

Condensed Financial Statements [Table Text Block]

The following unaudited pro forma financial information presents the Company’s results of operations for the three and nine months ended September 30, 2015 and 2014 as if the acquisition of Orad had occurred at the beginning of 2014. The pro forma financial information for the combined entities has been prepared for comparative purposes only and is not indicative of what actual results would have been if the acquisition had taken place at the beginning of fiscal 2014, or of future results.

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2015	2014	2015		2014
Net revenues	137,436	152,881	382,041		432,011
Net income (loss)	11,118	12,728	(541	)	15,117
Net income (loss) per share:
Basic	0.28	0.33	(0.01	)	0.39
Diluted	0.28	0.32	(0.01	)	0.39