Quarterly report pursuant to Section 13 or 15(d)

Business Acquisitions (Tables)

v3.8.0.1
Business Acquisitions (Tables)
3 Months Ended
Mar. 31, 2018
Business Acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Upfront consideration

 

 

 

 

 

 

 

$

187,580

Purchase consideration liability

 

 

 

 

 

 

 

 

12,297

Working capital and other adjustments

 

 

 

 

 

 

 

 

(3,893)

Total

 

 

 

 

 

 

 

$

195,984

 

Summary of the estimated fair values of the assets acquired and liabilities assumed

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

$

4,876

Accounts receivable

 

 

 

 

 

 

 

 

4,962

Prepaid expenses and other current assets

 

 

 

 

 

 

 

 

1,600

Property and equipment, net

 

 

 

 

 

 

 

 

927

Other non-current assets

 

 

 

 

 

 

 

 

441

Identifiable intangible assets

 

 

 

 

 

 

 

 

117,700

Goodwill

 

 

 

 

 

 

 

 

97,248

Total assets acquired

 

 

 

 

 

 

 

 

227,754

Accounts payable

 

 

 

 

 

 

 

 

(5,358)

Accrued expenses

 

 

 

 

 

 

 

 

(7,173)

Deferred tax liability

 

 

 

 

 

 

 

 

(18,245)

Deferred revenue

 

 

 

 

 

 

 

 

(930)

Other non-current liabilities

 

 

 

 

 

 

 

 

(64)

Total liabilities assumed

 

 

 

 

 

 

 

 

(31,770)

Total net assets acquired

 

 

 

 

 

 

 

$

195,984

 

Summary of intangible assets acquired, estimated useful lives and amortization method

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization

 

 

 

 

 

 

 

 

Amount

 

Useful Life in Years

 

Method

Customer list

 

 

 

 

 

 

 

$

95,000

 

12

 

Accelerated

Proprietary technology

 

 

 

 

 

 

 

 

18,000

 

 5

 

Straight-line

Trade names and domains

 

 

 

 

 

 

 

 

4,700

 

 6

 

Straight-line

Total

 

 

 

 

 

 

 

$

117,700