Acquisitions (Tables)

12 Months Ended

Dec. 31, 2015

Tripwire [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of January 2, 2015 (in thousands).

Cash	$	2,364
Receivables		37,792
Inventories		603
Other current assets		2,453
Property, plant and equipment		10,021
Goodwill		462,215
Intangible assets		306,000
Other non-current assets		659
Total assets	$	822,107
Accounts payable	$	3,142
Accrued liabilities		12,142
Deferred revenue		8,000
Deferred income taxes		95,074
Other non-current liabilities		540
Total liabilities	$	118,898
Net assets	$	703,209

Intangible Assets Related to Acquisition

The intangible assets related to the acquisition consisted of the following:

	Estimated Fair Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Developed technology	$	210,000		5.8
Customer relationships		56,000		15.0
Backlog		3,000		1.0
Total intangible assets subject to amortization		269,000
Intangible assets not subject to amortization:
Goodwill		462,215
Trademarks		31,000
In-process research and development		6,000
Total intangible assets not subject to amortization		499,215
Total intangible assets	$	768,215
Weighted average amortization period				7.7

Pro Forma Effect on Operating Results

The following table illustrates the unaudited pro forma effect on operating results as if the Tripwire acquisition had been completed as of January 1, 2014.

	Years Ended
	December 31, 2015		December 31, 2014
	(In thousands, except per share data)
	(Unaudited)
Revenues	$	2,354,191	$	2,405,198
Income from continuing operations		92,104		23,302
Diluted income per share from continuing operations attributable to Belden stockholders	$	2.14	$	0.53

Prosoft Technology, Inc. [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of June 11, 2014 (in thousands).

Cash	$	2,517
Receivables		5,894
Inventories		2,731
Other current assets		332
Property, plant and equipment		767
Goodwill		56,923
Intangible assets		40,800
Other non-current assets		622
Total assets	$	110,586
Accounts payable	$	2,544
Accrued liabilities		2,807
Other non-current liabilities		1,132
Total liabilities	$	6,483
Net assets	$	104,103

Intangible Assets Related to Acquisition

The intangible assets related to the acquisition consisted of the following:

	Fair Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Customer relationships	$	26,600		20.0
Developed technologies		9,000		5.0
Trademarks		5,000		5.0
Backlog		200		0.3
Total intangible assets subject to amortization		40,800
Intangible assets not subject to amortization:
Goodwill		56,923
Total intangible assets not subject to amortization		56,923
Total intangible assets	$	97,723
Weighted average amortization period				14.8

Grass Valley [Member]

Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of March 31, 2014 (in thousands):

Cash	$	9,451
Receivables		67,354
Inventories		18,593
Other current assets		4,172
Property, plant and equipment		22,460
Goodwill		131,070
Intangible assets		95,500
Other non-current assets		17,101
Total assets	$	365,701
Accounts payable	$	51,276
Accrued liabilities		62,672
Deferred revenue		14,000
Postretirement benefits		16,538
Deferred income taxes		1,827
Other non-current liabilities		1,199
Total liabilities	$	147,512
Net assets	$	218,189

Intangible Assets Related to Acquisition

The intangible assets related to the acquisition consisted of the following:

	Fair Value		Amortization Period
	(In thousands)		(In years)
Intangible assets subject to amortization:
Developed technologies	$	37,000		5.0
Customer relationships		27,000		15.0
Backlog		1,500		0.3
Total intangible assets subject to amortization		65,500
Intangible assets not subject to amortization:
Goodwill		131,070
Trademarks		22,000
In-process research and development		8,000
Total intangible assets not subject to amortization		161,070
Total intangible assets	$	226,570
Weighted average amortization period				9.0

Grass Valley and Prosoft [Member]

Pro Forma Effect on Operating Results

The following table illustrates the unaudited pro forma effect on operating results as if the Grass Valley and ProSoft acquisitions had been completed as of January 1, 2013.

	Years ended December 31,
	2014		2013
	(In thousands, except per share data)
	(Unaudited)
Revenues	$	2,401,200	$	2,420,099
Income from continuing operations		67,956		66,874
Diluted income per share from continuing operations attributable to Belden stockholders	$	1.54	$	1.49