Annual report pursuant to Section 13 and 15(d)

Business Acquisitions (Tables)

v3.8.0.1
Business Acquisitions (Tables)
12 Months Ended
Dec. 31, 2017
Upside Holdings, Inc.  
Business acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Cash consideration

    

 

 

 

 

 

 

$

2,040

Purchase consideration liability

 

 

 

 

 

 

 

 

615

Cash acquired

 

 

 

 

 

 

 

 

(14)

Total

 

 

 

 

 

 

 

$

2,641

 

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

 

 

 

 

 

 

 

 

 

 

Total tangible assets acquired

    

 

 

 

 

 

 

$

88

Total liabilities assumed

 

 

 

 

 

 

 

 

(404)

Identifiable intangible assets

 

 

 

 

 

 

 

 

1,450

Goodwill

 

 

 

 

 

 

 

 

1,507

Total net assets acquired

 

 

 

 

 

 

 

$

2,641

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Estimated

    

Amortization

 

 

 

 

 

 

 

 

 

Amount

 

Useful Life in Years

 

Method

 

Proprietary technology

 

 

 

 

 

 

 

$

1,450

 

 4

 

Straight-line

 

 

Castle Rock Innovations, Inc.  
Business acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Cash consideration

 

 

 

 

 

 

 

$

6,190

Contingent consideration liability

 

 

 

 

 

 

 

 

1,500

Cash acquired

 

 

 

 

 

 

 

 

(320)

Total

 

 

 

 

 

 

 

$

7,370

 

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

 

 

 

 

 

 

 

 

 

 

Total tangible assets acquired

 

 

 

 

 

 

 

$

255

Total liabilities assumed

 

 

 

 

 

 

 

 

(1,366)

Identifiable intangible assets

 

 

 

 

 

 

 

 

3,900

Goodwill

 

 

 

 

 

 

 

 

4,581

Total net assets acquired

 

 

 

 

 

 

 

$

7,370

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

    

 

    

Estimated

    

Amortization

 

 

 

 

 

 

 

 

 

Amount

 

Useful Life in Years

 

Method

 

Customer list

 

 

 

 

 

 

 

$

3,000

 

12

 

Accelerated

 

Proprietary technology

 

 

 

 

 

 

 

 

800

 

5

 

Straight-line

 

Trade names and domains

 

 

 

 

 

 

 

 

100

 

4

 

Straight-line

 

Total

 

 

 

 

 

 

 

$

3,900

 

 

 

 

 

 

Yodlee, Inc  
Business acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Cash consideration

 

 

 

 

 

 

 

$

375,658

Stock consideration

 

 

 

 

 

 

 

 

186,522

Attribution of the fair market value of replacement awards

 

 

 

 

 

 

 

 

4,318

Cash acquired

 

 

 

 

 

 

 

 

(63,234)

Total

 

 

 

 

 

 

 

$

503,264

 

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

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

 

 

 

 

 

 

$

16,882

Prepaid expenses and other current assets

 

 

 

 

 

 

 

 

3,507

Property and equipment, net

 

 

 

 

 

 

 

 

13,800

Other non-current assets

 

 

 

 

 

 

 

 

1,959

Identifiable intangible assets

 

 

 

 

 

 

 

 

244,000

Goodwill

 

 

 

 

 

 

 

 

282,429

Total assets acquired

 

 

 

 

 

 

 

 

562,577

Accounts payable

 

 

 

 

 

 

 

 

(2,424)

Accrued expenses

 

 

 

 

 

 

 

 

(28,173)

Capital lease obligations

 

 

 

 

 

 

 

 

(1,527)

FIN 48 liability

 

 

 

 

 

 

 

 

(5,450)

Deferred tax liability

 

 

 

 

 

 

 

 

(16,693)

Deferred revenue

 

 

 

 

 

 

 

 

(4,100)

Other long term liabilities

 

 

 

 

 

 

 

 

(946)

Total liabilities assumed

 

 

 

 

 

 

 

 

(59,313)

Total net assets acquired

 

 

 

 

 

 

 

$

503,264

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

Amortization

 

 

 

 

 

 

 

 

 

Amount

 

Useful Life in Years

 

Method

 

Customer list

 

 

 

 

 

 

 

$

177,000

 

15

 

Accelerated

 

Backlog

 

 

 

 

 

 

 

 

11,000

 

 4

 

Accelerated

 

Proprietary technology

 

 

 

 

 

 

 

 

35,000

 

5

 

Straight-line

 

Trade names

 

 

 

 

 

 

 

 

21,000

 

7

 

Straight-line

 

Total

 

 

 

 

 

 

 

$

244,000

 

 

 

 

 

 

Finance Logix  
Business acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Cash consideration

 

 

 

 

 

 

 

$

20,595

Stock and stock option consideration

 

 

 

 

 

 

 

 

8,930

Purchase consideration liability

 

 

 

 

 

 

 

 

3,000

Cash acquired

 

 

 

 

 

 

 

 

(909)

Total

 

 

 

 

 

 

 

$

31,616

 

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

 

 

 

 

 

 

 

 

 

 

Total tangible assets acquired

 

 

 

 

 

 

 

$

952

Total liabilities assumed

 

 

 

 

 

 

 

 

(2,628)

Identifiable intangible assets

 

 

 

 

 

 

 

 

9,800

Goodwill

 

 

 

 

 

 

 

 

23,492

Total net assets acquired

 

 

 

 

 

 

 

$

31,616

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

    

 

    

Estimated

    

Amortization

 

 

 

 

 

 

 

 

 

Amount

 

Useful Life in Years

 

Method

 

Customer list

 

 

 

 

 

 

 

$

8,300

 

12

 

Accelerated

 

Proprietary technology

 

 

 

 

 

 

 

 

1,000

 

4

 

Straight-line

 

Trade names and domains

 

 

 

 

 

 

 

 

500

 

5

 

Straight-line

 

Total

 

 

 

 

 

 

 

$

9,800

 

 

 

 

 

 

FinaConnect, Inc.  
Business acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Cash consideration

 

 

 

 

 

 

 

$

6,425

Contingent consideration liability

 

 

 

 

 

 

 

 

1,929

Working capital adjustment

 

 

 

 

 

 

 

 

269

Cash acquired

 

 

 

 

 

 

 

 

(1)

Total

 

 

 

 

 

 

 

$

8,622

 

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

 

 

 

 

 

 

 

 

 

 

Total tangible assets acquired

 

 

 

 

 

 

 

$

430

Total liabilities assumed

 

 

 

 

 

 

 

 

(400)

Identifiable intangible assets

 

 

 

 

 

 

 

 

3,800

Goodwill

 

 

 

 

 

 

 

 

4,792

Total net assets acquired

 

 

 

 

 

 

 

$

8,622

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

    

 

 

Estimated

    

Amortization

 

 

 

 

 

 

 

 

Amount

    

Useful Life in Years

 

Method

Customer list

 

 

 

 

 

 

 

$

2,800

    

12

 

Accelerated

Proprietary technology

 

 

 

 

 

 

 

 

900

 

 5

 

Straight-line

Trade names and domains

 

 

 

 

 

 

 

 

100

 

 2

 

Straight-line

Total

 

 

 

 

 

 

 

$

3,800

 

 

 

 

 

Wheelhouse Analytics, LLC  
Business acquisitions  
Summary of consideration transferred in the acquisition

 

 

 

 

 

 

 

 

 

 

Cash consideration

 

 

 

 

 

 

 

$

13,299

Contingent consideration liability

 

 

 

 

 

 

 

 

2,364

Purchase consideration liability

 

 

 

 

 

 

 

 

887

Working capital adjustment

 

 

 

 

 

 

 

 

110

Cash acquired

 

 

 

 

 

 

 

 

(80)

Total

 

 

 

 

 

 

 

$

16,580

 

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

 

 

 

 

 

 

 

 

 

 

Total tangible assets acquired

 

 

 

 

 

 

 

$

385

Total liabilities assumed

 

 

 

 

 

 

 

 

(1,420)

Identifiable intangible assets

 

 

 

 

 

 

 

 

6,600

Goodwill

 

 

 

 

 

 

 

 

11,015

Total net assets acquired

 

 

 

 

 

 

 

$

16,580

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

Amortization

 

 

 

 

 

 

 

 

Amount

 

Useful Life in Years

 

Method

Customer list

 

 

 

 

 

 

 

$

4,000

 

15

 

Accelerated

Proprietary technology

 

 

 

 

 

 

 

 

2,500

 

 6

 

Straight-line

Trade names and domains

 

 

 

 

 

 

 

 

100

 

 2

 

Straight-line

Total

 

 

 

 

 

 

 

$

6,600