Annual report pursuant to Section 13 and 15(d)

Acquisitions (Tables)

v3.19.3.a.u2
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The final purchase price of MetaPack has been allocated as follows to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values based on the August 15, 2018 GBP to USD exchange rate (in thousands, except years):
 
Fair Value
 
Fair Value
 
Useful Life
(In Years)
 
Weighted
Average
Estimated
Useful Life
(In Years)
Cash and cash equivalents
$
9,186

 
 
 
 
 
 
Trade accounts receivable
9,767

 
 
 
 
 
 
Other current assets
2,776

 
 
 
 
 
 
Property and equipment
1,039

 
 
 
 
 
 
Goodwill
138,956

 
 
 
 
 
 
Identifiable intangible assets:
 

 
 
 
 
 
 
Trade names
 

 
$
10,936

 
12
 
 
Developed technology
 

 
40,691

 
16
 
 
Customer relationships
 

 
49,211

 
16
 
 
Total identifiable intangible assets
100,838

 
 

 
 
 
16
Accounts payable and other current liabilities
(13,519
)
 
 

 
 
 
 
Deferred revenue
(1,145
)
 
 

 
 
 
 
Revolving credit facility
(12,716
)
 
 
 
 
 
 
Deferred income tax liability
(15,963
)
 
 
 
 
 
 
Other liabilities
(1,533
)
 
 

 
 
 
 
Total purchase consideration
$
217,686