Acquisitions (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed at Acquisition

The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the respective acquisition dates for 911 ETC and Synrevoice and the final fair value of assets acquired and liabilities assumed for ClientTell, Magnetic North and SharpSchool.

(Amounts in thousands)	911 ETC		Synrevoice			ClientTell		Magnetic North		SharpSchool
Working Capital	$	743	$	(2,118	)	$	501	$	55	$	(982	)
Property and equipment		135		21			429		574		782
Other assets, net		—		—			2		—		77
Intangible assets		6,484		6,455			26,300		16,361		9,092
Goodwill		5,277		4,893			15,004		25,094		8,203
Total assets acquired		12,639		9,251			42,236		42,084		17,172
Non-current deferred taxes		—		—			—		2,927		—
Long-term liabilities		2,464		—			3,828		—		—
Total liabilities assumed		2,464		—			3,828		2,927		—
Net assets acquired	$	10,175	$	9,251		$	38,408	$	39,157	$	17,172

Summary of Pro Forma Results of Operations

The following pro forma financial information presents the combined results of operations as if the acquisitions of 911 ETC, Synrevoice, ClientTell, Magnetic North, SharpSchool, SchoolReach, 911 Enable, Health Advocate and SchoolMessenger (collectively, the acquirees) occurred as of the beginning of the year acquired and the preceding year. The acquirees' pre-acquisition results have been added to West's historical results. The pro forma results contained in the table below include adjustments for amortization of acquired intangibles, finance and acquisition costs and related income taxes.

The pro forma results below are not necessarily indicative of the operating results that would have actually occurred if the acquisitions had been in effect on the dates indicated, nor are they necessarily indicative of future results of operations.

(Amounts in thousands)	2016		2015		2014
Revenue	$	2,296,630	$	2,309,491	$	2,303,678
Income from continuing operations	$	189,563	$	188,977	$	124,982
Income per common share from continuing operations—basic	$	2.28	$	2.27	$	1.49
Income per common share from continuing operations—diluted	$	2.24	$	2.21	$	1.46