Acquisitions (Tables)

9 Months Ended

Sep. 30, 2015

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date.



(in thousands)	As of July 2, 2015
Cash and cash equivalents	$	1,872
Other current assets	1,294
Intangible assets	15,367
Other long-term assets	341
Deferred tax assets	9,636
Total assets acquired	28,510

Trade accounts payable	(26		)
Accrued expenses and other current liabilities	(11,824		)
Other long-term liabilities	(571		)
Total liabilities assumed	(12,421		)

Goodwill	103,887

Net assets acquired	$	119,976

The intangible assets of XE are being amortized on a straight-line basis, and the estimated fair values consist of the following:

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the acquisition date.



(in thousands)	As of June 17, 2015
Cash and cash equivalents	$	33,279
Other current assets	17,082
Intangible assets	35,130
Other long-term assets	5,234
Total assets acquired	90,725

Trade accounts payable	(1,958		)
Accrued expenses and other current liabilities	(1,548		)
Settlement obligations and customer deposits	(27,700		)
Deferred tax liabilities	(9,142		)
Other long-term liabilities	(859		)
Total liabilities assumed	(41,207		)

Goodwill	30,193

Net assets acquired	$	79,711

The intangible assets of IME are being amortized on a straight-line basis, and the estimated fair values consist of the following: