General (Tables)
 3 Months Ended
Mar. 31, 2013
General  
Schedule of acquisitions

 

Business Acquired

 

Date of Closing

 

Net Assets
Acquired
(in millions)

 

Form of
Consideration

 

North Country

 

July 31, 2012

 

$

3.7

 

Cash

 

Peer 39

 

April 30, 2012

 

15.7

 

Cash/Stock

 
Schedule of components of accumulated other comprehensive loss, (''AOCL'') net of tax

Components of accumulated other comprehensive loss (“AOCL”), net of tax, for the three months ended March 31, 2013 were as follows (in thousands):

 

 

 

Foreign
Currency
Translation

 

Unrealized
Gain on
Foreign
Currency
Derivatives

 

Unrealized
Gain (Loss)
on Available
for Sale
Securities

 

Accumulated
Other
Comprehensive
Loss

 

Balance at December 31, 2012

 

$

(2,024

)

$

373

 

$

(4

)

$

(1,655

)

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications

 

(1,722

)

94

 

86

 

(1,542

)

Amounts reclassified out of AOCL

 

—

 

(141

)

—

 

(141

)

Net current period activity

 

(1,722

)

(47

)

86

 

(1,683

)

 

 

 

 

 

 

 

 

 

 

Balance at March 31, 2013

 

$

(3,746

)

$

326

 

$

82

 

$

(3,338

)
Summary of reclassifications from accumulated other comprehensive loss to the consolidated statement of operations

The following table summarizes the reclassifications from accumulated other comprehensive loss to the consolidated statement of operations for the three months ended March 31, 2013 (in thousands):

 

 

 

Amount
Reclassified
out of AOCL

 

Affected Line Item in the Consolidated
Statement of Operations

 

Gains (losses) on cash flow hedges:

 

 

 

 

 

Foreign currency derivatives

 

$

22

 

Cost of revenues

 

Foreign currency derivatives

 

14

 

Sales and marketing

 

Foreign currency derivatives

 

128

 

Research and development

 

Foreign currency derivatives

 

36

 

General and administrative

 

Foreign currency derivatives

 

(1

)

Interest income and other, net

 

Total before taxes

 

199

 

 

 

Tax amounts

 

(58

)

 

 

Income after tax

 

$

141

 

 

 
Schedule of acquisition, integration and other expenses

A summary of our acquisition, integration and other expenses are as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

Description

 

2013

 

2012

 

Legal, accounting and due diligence fees

 

$

4

 

$

278

 

Severance

 

483

 

1,179

 

Strategic alternatives

 

785

 

—

 

MediaMind preacquisition liability

 

720

 

—

 

Proxy contest

 

446

 

—

 

Integration costs

 

224

 

13

 

Total

 

$

2,662

 

$

1,470