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ACQUISITIONS AND DIVESTITURES (Tables)
6 Months Ended
Jun. 30, 2020
Serendebyte  
Schedule of Assets Acquired and Liabilities Assumed

The following summarizes the estimated fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):

​

​

​

​

​

​

    

Preliminary

 

​

​

Estimate of

 

​

​

Acquisition Date

 

​

​

Fair Value

 

Cash

​

$

3,123

​

Accounts receivable, net

​

 

1,243

​

Prepaid and other assets

​

 

1,327

​

Property, plant and equipment

​

​

14

​

Deferred tax assets

​

​

20

​

Tradename

​

​

400

​

Customer relationships

​

​

1,920

​

Goodwill

​

​

9,033

​

​

​

$

17,080

​

​

​

​

​

​

Accounts payable

​

$

120

​

Accrued employee compensation and benefits

​

 

1,025

​

Accrued income taxes

​

 

170

​

Accrued expenses

​

​

2,208

​

Deferred tax liabilities - long-term

​

 

629

​

​

​

$

4,152

​

​

​

​

​

​

Total purchase price

​

$

12,928

​

FCR  
Schedule of Assets Acquired and Liabilities Assumed

The following summarizes the fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):

​

​

​

​

​

​

​

Acquisition Date

 

​

​

Fair Value

 

Cash

​

$

5,225

​

Accounts receivable, net

​

 

10,659

​

Prepaid expenses

​

 

357

​

Property and equipment

​

​

6,006

​

Other assets

​

​

224

​

Operating lease assets

​

​

5,127

​

Tradename

​

​

8,600

​

Customer relationships

​

​

38,540

​

Goodwill

​

​

96,739

​

​

​

$

171,477

​

​

​

​

​

​

Accounts payable

​

$

388

​

Operating lease liability - short-term

​

 

1,160

​

Accrued employee compensation and benefits

​

 

4,049

​

Accrued expenses

​

​

72

​

Operating lease liability - long-term

​

 

3,967

​

​

​

$

9,636

​

​

​

​

​

​

Total purchase price

​

$

161,841

​