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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2018
Business Combinations [Abstract]  
Summary of Preliminary Acquisition Consideration and the Related Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary acquisition consideration and the related fair values of the assets acquired and liabilities assumed (in thousands):

 

 

Purchase

Consideration

 

 

Net

Tangible

Assets

Acquired/

(Liabilities

Assumed)

 

 

Identifiable

Intangible

Assets

 

 

Goodwill

 

 

Goodwill

Deductible

for Taxes

 

(1)

Acquisition

Related

Expenses

 

Crisp

$

51,904

 

 

$

5,893

 

 

$

9,400

 

 

$

36,611

 

 

Not Deductible

 

$

1,504

 

 

(1)

Expensed as general and administrative

Component of Identifiable Intangible Assets

The following sets forth each component of identifiable intangible assets acquired in connection with the Crisp acquisition (in thousands):

 

 

Crisp

 

 

Estimated Useful Life

(in Years)

 

Developed technologies

$

5,000

 

 

 

4.0

 

Customer relationships

 

2,800

 

 

 

7.0

 

Trade names

 

1,600

 

 

 

4.0

 

Total identifiable intangible assets

$

9,400