|
Goodwill and Intangible assets (Details) (USD $)
|
3 Months Ended |
0 Months Ended |
|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
Jan. 30, 2015
|
Dec. 31, 2014
|
| Preliminary allocation of consideration |
|
|
|
|
| Goodwill |
$ 2,753,000 |
|
|
$ 231,000 |
| Estimated life of intangible assets |
4 years 9 months 18 days |
|
|
|
| Intangible assets |
|
|
|
|
| Gross Carrying Amount |
7,489,000 |
|
|
2,650,000 |
| Accumulated Amortization |
(1,566,000) |
|
|
(1,241,000) |
| Intangible assets, net |
5,923,000 |
|
|
1,409,000 |
| Weighted average amortization period |
4 years 9 months 18 days |
|
|
|
| Amortization expense |
|
|
|
|
| Amortization of intangible assets |
325,000 |
98,000 |
|
|
| Amortization of finite-lived intangible assets |
|
|
|
|
| 2015 |
1,177,000 |
|
|
|
| 2016 |
1,384,000 |
|
|
|
| 2017 |
1,204,000 |
|
|
|
| 2018 |
1,109,000 |
|
|
|
| 2019 |
968,000 |
|
|
|
| 2020 |
81,000 |
|
|
|
| Intangible assets, net |
5,923,000 |
|
|
1,409,000 |
| Nexus |
|
|
|
|
| Preliminary allocation of consideration |
|
|
|
|
| Cash |
|
|
121,000 |
|
| Inventory |
|
|
2,346,000 |
|
| Other assets acquired |
|
|
1,247,000 |
|
| Intangible assets |
|
|
5,030,000 |
|
| Goodwill |
|
|
2,618,000 |
|
| Total assets acquired |
|
|
11,362,000 |
|
| Accounts Payable |
|
|
2,273,000 |
|
| Other liabilities assumed |
|
|
589,000 |
|
| Net assets acquired |
|
|
8,500,000 |
|
| Escrow Deposit |
|
|
750,000 |
|
| Total Consideration |
|
|
8,500,000 |
|
| Acquisition related costs associated with Extra Vegetables |
|
|
600,000 |
|
| Acquired technology |
|
|
|
|
| Preliminary allocation of consideration |
|
|
|
|
| Estimated life of intangible assets |
4 years 9 months 18 days |
|
|
|
| Intangible assets |
|
|
|
|
| Gross Carrying Amount |
7,076,000 |
|
|
2,597,000 |
| Accumulated Amortization |
(1,524,000) |
|
|
(1,214,000) |
| Intangible assets, net |
5,552,000 |
|
|
1,383,000 |
| Weighted average amortization period |
4 years 9 months 18 days |
|
|
|
| Amortization of finite-lived intangible assets |
|
|
|
|
| Intangible assets, net |
5,552,000 |
|
|
1,383,000 |
| Customer Relationships |
|
|
|
|
| Preliminary allocation of consideration |
|
|
|
|
| Estimated life of intangible assets |
5 years |
|
|
|
| Intangible assets |
|
|
|
|
| Gross Carrying Amount |
360,000 |
|
|
|
| Accumulated Amortization |
(12,000) |
|
|
|
| Intangible assets, net |
348,000 |
|
|
|
| Weighted average amortization period |
5 years |
|
|
|
| Amortization of finite-lived intangible assets |
|
|
|
|
| Intangible assets, net |
348,000 |
|
|
|
| Non-competition agreement |
|
|
|
|
| Preliminary allocation of consideration |
|
|
|
|
| Estimated life of intangible assets |
2 years |
|
|
|
| Intangible assets |
|
|
|
|
| Gross Carrying Amount |
53,000 |
|
|
53,000 |
| Accumulated Amortization |
(30,000) |
|
|
(27,000) |
| Intangible assets, net |
23,000 |
|
|
26,000 |
| Weighted average amortization period |
2 years |
|
|
|
| Amortization of finite-lived intangible assets |
|
|
|
|
| Intangible assets, net |
$ 23,000 |
|
|
$ 26,000 |