Business Combination (Tables)

The acquisition date fair value of the consideration transferred was $35.4 million, consisting of the following:


(in thousands)
Cash consideration(1)	$	26,006
Holdback cash consideration(2)	2,164
Equity consideration(3)	7,196
Total consideration	$	35,366


(1)			Represents cash consideration paid to the sellers to complete the acquisition.
(2)			Represents consideration, which was retained by the Company as security to satisfy sellers' obligations for potential future contractual claims arising under the terms of the purchase agreement; provided that the amount of the holdback shall not serve as any limitation on the indemnification obligations of the sellers under the purchase agreement. The holdback is payable to the sellers, net of any such claims, 18 months after the Closing Date except for a portion of the holdback related to potential tax claims, which is payable three years after the Closing Date, net of any tax claims.
(3)			Comprised of 200,103 shares of the Company's Class A common stock issued in relation to this acquisition. The fair value was determined on the basis of the closing market price of the Company's Class A common stock on the acquisition date.

The following table summarizes the preliminary fair values of assets acquired and liabilities assumed as of the date of acquisition:

The preliminary purchase price allocation includes $11.2 million of acquired identifiable intangible assets, consisting of the following:


(in thousands, except useful lives)	Estimated Fair Value		Estimated Useful Life in Years
Customer relationships	$	10,872	10
Trade name	326		2
Total	$	11,198