Acquisitions And Channel Partner Arrangements (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Business Acquisitions, by Acquisition

Goodwill represents the excess of the purchase consideration over the fair value of the underlying net assets acquired and liabilities assumed (amount in thousands):



Cash consideration	$	235,000
Less: Fair value of net identifiable assets acquired	(94,700		)
Goodwill	140,300

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair value of assets acquired and liabilities assumed as of November 28, 2016:



	Weighted
	Average
	Useful Life	Amount
	(in years)	(in thousands)
Cash		$	1,035
Accounts payable and accrued expenses		(1,035		)
Intangible assets subject to amortization:
Customer relationships	10	93,900
Existing technology - CHSA	2	500
Existing technology - COBRA	2	300
Total estimated fair value of net identifiable assets acquired		$	94,700

Business Acquisition, Pro Forma Information

The following unaudited pro forma condensed combined financial statements have been presented for informational purposes only. The pro forma data does not purport to represent what the combined Company’s results of operations actually would have been had the acquisition been completed as of the dates indicated, nor is it indicative of future operating results of the combined Company.



	Year Ended		Nine Months Ended
	December 31, 2015		September 30, 2016
	(In thousands, except per share data) (Unaudited)
Total revenue	$	466,278	$	358,860
Net income	$	39,610	$	24,664
Net income per share:
Basic	$	1.11	$	0.68
Diluted	$	1.08	$	0.67