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Basis of Presentation</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Unaudited interim consolidated financial statements</span></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The accompanying interim consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC") for interim financial reporting. These consolidated statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to state fairly the consolidated balance sheets, consolidated statements of comprehensive income, consolidated statements of cash flows and consolidated statement of stockholders’ equity, for the periods presented in accordance with accounting principles generally accepted in the United States ("GAAP"). The consolidated balance sheet at </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, has been derived from the audited consolidated financial statements at that date. Operating results and cash flows for the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the fiscal year ending </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, or any other future period. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations for interim reporting of the SEC. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, and other forms filed with the SEC from time to time.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Reclassifications</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our revenue from "subscriptions" and "maintenance" and a portion of our "services and other" revenue have been combined within "recurring" revenue beginning in 2018. In order to provide comparability between periods presented, those amounts of revenue have been combined within "recurring" revenue in the previously reported consolidated statements of comprehensive income to conform to presentation of the current period. Similarly, "cost of subscriptions" and "cost of maintenance" and a portion of "cost of services and other" have been combined within "cost of recurring" in the previously reported consolidated statements of comprehensive income to conform to presentation of the current period. "Services and other" revenue has been renamed as "one-time services and other" and consists of revenue that did not meet the description of "recurring" revenue in the consolidated statements of comprehensive income. "</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Cost of services and other" has been renamed as "cost of one-time services and other" and consists of costs that did not meet the description of those related to "recurring" revenue in the consolidated statements of comprehensive income.</span></div><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Basis of consolidation</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The consolidated financial statements include the accounts of Blackbaud, Inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Reportable segment</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We report our operating results and financial information in one operating and reportable segment. Our chief operating decision maker uses consolidated financial information to make operating decisions, assess financial performance and allocate resources. Our chief operating decision maker is our chief executive officer ("CEO").</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Recently adopted accounting pronouncements</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606) </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">("ASU 2014-09"), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. ASU 2014-09 replaces most previous revenue recognition guidance in GAAP and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard also provides guidance on the recognition of costs related to obtaining and fulfilling customer contracts. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We adopted ASU 2014-09 as of January 1, 2018 utilizing the full retrospective method of transition, which requires that the standard be applied to all periods presented. The impact of adopting ASU 2014-09 on our total revenues for 2017 and 2016 was not material. The primary impacts of adopting ASU 2014-09 relate to the deferral of incremental commission and other costs of obtaining contracts with customers and the increase to the amortization period for those costs. Previously, we deferred only direct and incremental commission costs to obtain a contract and amortized those costs over the contract term, generally three years, as the revenue was recognized. Under the new standard, we defer all incremental commission and related fringe benefit costs to obtain a contract and amortize these costs in a manner that aligns with the expected period of benefit. We utilized the 'portfolio approach' practical expedient in ASC 606-10-10-4, which allows entities to apply the guidance to a portfolio of contracts with similar characteristics because the effects on the financial statements of this approach would not differ materially from applying the guidance to individual contracts. Using the 'portfolio approach' and taking into consideration our customer contracts, our technology and other factors, we determined the expected period of benefit to be </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">five</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> years. We do not generally pay commissions for contract renewals.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Select adjusted unaudited financial statement information, which reflects our adoption of ASU 2014-09 is set forth below.</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Consolidated balance sheets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As of December 31, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Accounts receivable, net of allowance</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>96,293</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(614</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>95,679</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Prepaid expenses and other current assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>56,099</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>5,879</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>61,978</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>24,083</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>33,155</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>57,238</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Deferred revenue, current portion</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>276,456</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(1,393</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>275,063</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Deferred tax liability</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>37,597</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>10,426</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>48,023</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Retained earnings</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>195,649</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>29,380</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>225,029</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20"/></tr><tr><td style="width:39%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Consolidated statements of comprehensive income:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Three months ended June 30, 2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Six months ended June 30, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">(dollars in thousands, except per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>158,169</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>8,220</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>166,389</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>310,129</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>16,307</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>326,436</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">One-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>34,026</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(8,826</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>25,200</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>65,687</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(15,462</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>50,225</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Total revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>192,195</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(606</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>375,816</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>845</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Cost of Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>63,236</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>2,942</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>66,178</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>124,144</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>5,909</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>130,053</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">One-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>23,759</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(2,942</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>20,817</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>48,333</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(5,909</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,424</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Total cost of revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>86,995</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>86,995</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>172,477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>172,477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Operating expenses</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Sales, marketing and customer success</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,961</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(381</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,580</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>85,201</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(1,624</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>83,577</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>11,165</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(136</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>11,029</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>22,676</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,495</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>24,171</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Basic earnings per share</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.03</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Diluted earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.03</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">See the discussion of our reclassifications of previously reported revenue and costs of revenue above.</span></div></td></tr></table><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our adoption of ASU 2014-09 had no impact on our net cash provided by or used in operating, investing or financing activities for any of the periods reported. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Except for the accounting policies for revenue recognition and deferred commissions (herein referred to as "costs of obtaining contracts") that were updated as a result of adopting ASU 2014-09, there have been no changes to our significant accounting policies described in the Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on February 20, 2018, that have had a material impact on our consolidated financial statements.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In February 2018, the FASB issued ASU 2018-02, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> (“ASU 2018-02”), which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the U.S. Tax Cuts and Jobs Act (the “Tax Act”) signed into law in December 2017. We early adopted ASU 2018-02 effective January 1, 2018 and recorded an insignificant reclassification for the stranded tax effects resulting from the Tax Act from accumulated other comprehensive loss to retained earnings.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Summary of significant accounting policies</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;text-decoration:underline;">Revenue Recognition</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our revenue is primarily generated from the following sources: (i) charging for the use of our software solutions in cloud-based and hosted environments; (ii) providing payment and transaction services; (iii) providing software maintenance and support services; and (iv) providing professional services, including implementation, consulting, training, analytic and other services. Revenues are recognized when control of these services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those services.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We determine revenue recognition through the following steps: </span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Identification of the contract, or contracts, with a customer;</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Identification of the performance obligations in the contract;</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Determination of the transaction price;</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Allocation of the transaction price to the performance obligations in the contract; and</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Recognition of revenue when, or as, we satisfy a performance obligation.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Recurring</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Recurring revenue represents stand-ready performance obligations in which we are making our solutions or services available to our customers continuously over time or the value of the contract renews. Therefore, recurring revenue is generally recognized over time on a ratable basis over the contract term, beginning on the date that the solution or service is made available to the customer. Our recurring revenue contracts are generally for a term of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> years at contract inception with </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">one</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> to </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">-year renewals thereafter, billed annually in advance and non-cancelable.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Recurring revenue is comprised of fees for the use of our subscription-based software solutions, which includes providing access to cloud-based solutions, hosting services, online training programs, subscription-based analytic services, such as donor acquisitions and data enrichment, and payment services. Recurring revenue also includes fees from maintenance services for our on-premises solutions, services included in our renewable subscription contracts, subscription-based contracts for professional services and variable transaction revenue associated with the use of our solutions.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our payment services are offered with the assistance of third-party vendors. In general, when we are the principal in a transaction based on the factors identified in ASC 606-10-55-36 through 55-40, we record the revenue and related costs on a gross basis. Otherwise, we net the cost of revenue associated with the service against the gross revenue (amount billed to the customer) and record the net amount as revenue. For payment and transaction services, we have the right to invoice the customer in an amount that directly corresponds with the value to the customer of our performance to date. Therefore, we recognize revenue for these services over time based on the amount billable to the customer in accordance with the 'as invoiced' practical expedient in ASC 606-10-55-18.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">One-time services and other</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">One-time services and other revenue primarily consists of fees for one-time consulting, analytic and onsite training services. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We generally bill consulting services based on hourly rates plus reimbursable travel-related expenses. Fixed price consulting engagements are generally billed as milestones towards completion are reached. Revenue for all consulting services is recognized over time as the services are performed.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We generally recognize analytic services revenue from donor prospect research engagements, the sale of lists of potential donors, data enrichment engagements and benchmarking studies at a point in time (upon delivery).</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In certain cases, we sell training at a fixed rate for each specific class at a per attendee price or at a packaged price for several attendees, and recognize the related revenue upon the customer attending and completing training. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Contracts with multiple performance obligations</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Some of our contracts with customers contain multiple performance obligations. For these contracts, we account for individual performance obligations separately if they are distinct. The transaction price is allocated to the separate performance obligations on a relative standalone selling price basis. Standalone selling prices of our solutions and services are typically estimated based on observable transactions when the solutions or services are sold on a standalone basis.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;text-decoration:underline;">Costs of obtaining contracts, contract assets and deferred revenue</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We pay sales commissions at the time contracts with customers are signed or shortly thereafter, depending on the size and duration of the sales contract. Sales commissions and related fringe benefits earned by our sales force are considered incremental and recoverable costs of obtaining a contract with a customer. These costs are deferred and then amortized in a manner that aligns with the expected period of benefit, which we have determined to be </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">five</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> years. We determined the period of benefit by taking into consideration our customer contracts, including renewals, retention, our technology and other factors. We do not generally pay commissions for contract renewals. The related amortization expense is included in sales, marketing and customer success expense in our consolidated statements of comprehensive income.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Amounts recognized as revenue in excess of amounts billed are recorded as contract assets within prepaid expenses and other current assets on our consolidated balance sheets. To the extent that our customers are billed for our solutions and services in advance of us satisfying the related performance obligations, we record such amounts in deferred revenue.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Recently issued accounting pronouncements</span></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Leases (Topic 842) </span>("ASU 2016-02"). ASU 2016-02 will require lessees to record most leases on their balance sheets but recognize expenses in the income statement in a manner similar to current guidance. The updated guidance also eliminates certain real estate-specific provisions and changes the guidance on sale-leaseback transactions, initial direct costs and lease executory costs for all entities. For lessors, the standard modifies the classification criteria and the accounting for sales-type and direct financing leases. All entities will classify leases to determine how to recognize lease-related revenue and expense. Classification will continue to affect amounts that lessors record on the balance sheet. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those years. Early adoption is permitted. Upon adoption, entities will be required to use a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. We expect ASU 2016-02 will impact our consolidated financial statements and related disclosures. We are currently evaluating the extent of the impact and expect that most of our lease commitments will be subject to the updated guidance and recognized as lease liabilities and right-of-use assets on our consolidated balance sheets upon adoption.
Unaudited interim consolidated financial statements<div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The accompanying interim consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC") for interim financial reporting. These consolidated statements are unaudited and, in the opinion of management, include all adjustments (consisting of normal recurring adjustments and accruals) necessary to state fairly the consolidated balance sheets, consolidated statements of comprehensive income, consolidated statements of cash flows and consolidated statement of stockholders’ equity, for the periods presented in accordance with accounting principles generally accepted in the United States ("GAAP"). The consolidated balance sheet at </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, has been derived from the audited consolidated financial statements at that date. Operating results and cash flows for the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the fiscal year ending </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, or any other future period. Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations for interim reporting of the SEC. These interim consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, and other forms filed with the SEC from time to time.</span></div>
Basis of consolidationThe consolidated financial statements include the accounts of Blackbaud, Inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Recently adopted accounting pronouncements<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606) </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">("ASU 2014-09"), which outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. ASU 2014-09 replaces most previous revenue recognition guidance in GAAP and requires the recognition of revenue when promised goods or services are transferred to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard also provides guidance on the recognition of costs related to obtaining and fulfilling customer contracts. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We adopted ASU 2014-09 as of January 1, 2018 utilizing the full retrospective method of transition, which requires that the standard be applied to all periods presented. The impact of adopting ASU 2014-09 on our total revenues for 2017 and 2016 was not material. The primary impacts of adopting ASU 2014-09 relate to the deferral of incremental commission and other costs of obtaining contracts with customers and the increase to the amortization period for those costs. Previously, we deferred only direct and incremental commission costs to obtain a contract and amortized those costs over the contract term, generally three years, as the revenue was recognized. Under the new standard, we defer all incremental commission and related fringe benefit costs to obtain a contract and amortize these costs in a manner that aligns with the expected period of benefit. We utilized the 'portfolio approach' practical expedient in ASC 606-10-10-4, which allows entities to apply the guidance to a portfolio of contracts with similar characteristics because the effects on the financial statements of this approach would not differ materially from applying the guidance to individual contracts. Using the 'portfolio approach' and taking into consideration our customer contracts, our technology and other factors, we determined the expected period of benefit to be </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">five</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> years. We do not generally pay commissions for contract renewals.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Select adjusted unaudited financial statement information, which reflects our adoption of ASU 2014-09 is set forth below.</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Consolidated balance sheets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As of December 31, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Accounts receivable, net of allowance</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>96,293</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(614</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>95,679</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Prepaid expenses and other current assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>56,099</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>5,879</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>61,978</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>24,083</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>33,155</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>57,238</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Deferred revenue, current portion</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>276,456</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(1,393</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>275,063</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Deferred tax liability</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>37,597</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>10,426</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>48,023</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Retained earnings</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>195,649</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>29,380</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>225,029</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20"/></tr><tr><td style="width:39%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Consolidated statements of comprehensive income:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Three months ended June 30, 2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Six months ended June 30, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">(dollars in thousands, except per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>158,169</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>8,220</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>166,389</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>310,129</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>16,307</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>326,436</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">One-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>34,026</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(8,826</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>25,200</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>65,687</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(15,462</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>50,225</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Total revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>192,195</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(606</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>375,816</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>845</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Cost of Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>63,236</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>2,942</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>66,178</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>124,144</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>5,909</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>130,053</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">One-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>23,759</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(2,942</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>20,817</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>48,333</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(5,909</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,424</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Total cost of revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>86,995</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>86,995</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>172,477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>172,477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Operating expenses</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Sales, marketing and customer success</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,961</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(381</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,580</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>85,201</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(1,624</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>83,577</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>11,165</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(136</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>11,029</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>22,676</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,495</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>24,171</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Basic earnings per share</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.03</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Diluted earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.03</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">See the discussion of our reclassifications of previously reported revenue and costs of revenue above.</span></div></td></tr></table><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our adoption of ASU 2014-09 had no impact on our net cash provided by or used in operating, investing or financing activities for any of the periods reported. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Except for the accounting policies for revenue recognition and deferred commissions (herein referred to as "costs of obtaining contracts") that were updated as a result of adopting ASU 2014-09, there have been no changes to our significant accounting policies described in the Annual Report on Form 10-K for the year ended December 31, 2017, filed with the SEC on February 20, 2018, that have had a material impact on our consolidated financial statements.</span></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In February 2018, the FASB issued ASU 2018-02, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income</span> (“ASU 2018-02”), which allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the U.S. Tax Cuts and Jobs Act (the “Tax Act”) signed into law in December 2017. We early adopted ASU 2018-02 effective January 1, 2018 and recorded an insignificant reclassification for the stranded tax effects resulting from the Tax Act from accumulated other comprehensive loss to retained earnings.
Select adjusted unaudited financial statement information, which reflects our adoption of ASU 2014-09 is set forth below.<div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="10"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Consolidated balance sheets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As of December 31, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Accounts receivable, net of allowance</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>96,293</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(614</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>95,679</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Prepaid expenses and other current assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>56,099</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>5,879</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>61,978</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>24,083</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>33,155</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>57,238</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Deferred revenue, current portion</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>276,456</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(1,393</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>275,063</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Deferred tax liability</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>37,597</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>10,426</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>48,023</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Retained earnings</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>195,649</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>29,380</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>225,029</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="20"/></tr><tr><td style="width:39%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Consolidated statements of comprehensive income:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Three months ended June 30, 2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="9" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Six months ended June 30, 2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">(dollars in thousands, except per share amounts)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Reported</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">Adjustments</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="text-align:center;font-size:6pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:6pt;color:#ffffff;font-weight:bold;">As Adjusted</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>158,169</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>8,220</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>166,389</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>310,129</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>16,307</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>326,436</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">One-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>34,026</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(8,826</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>25,200</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>65,687</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(15,462</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>50,225</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Total revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>192,195</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(606</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>375,816</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>845</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Cost of Revenue</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>63,236</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>2,942</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>66,178</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>124,144</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>5,909</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>130,053</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">One-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>23,759</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(2,942</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>20,817</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>48,333</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(5,909</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,424</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Total cost of revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>86,995</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>86,995</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>172,477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>172,477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Operating expenses</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Sales, marketing and customer success</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,961</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(381</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>42,580</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>85,201</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(1,624</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>83,577</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>11,165</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>(136</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>11,029</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>22,676</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,495</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>24,171</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Basic earnings per share</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.49</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.03</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Diluted earnings per share</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.48</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.03</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
96293000
-614000
95679000
56099000
5879000
61978000
24083000
33155000
57238000
276456000
-1393000
275063000
37597000
10426000
48023000
195649000
29380000
225029000
158169000
8220000
166389000
310129000
16307000
326436000
34026000
-8826000
25200000
65687000
-15462000
50225000
192195000
-606000
191589000
375816000
845000
376661000
63236000
2942000
66178000
124144000
5909000
130053000
23759000
-2942000
20817000
48333000
-5909000
42424000
86995000
0
86995000
172477000
0
172477000
42961000
-381000
42580000
85201000
-1624000
83577000
11165000
-136000
11029000
22676000
1495000
24171000
0.24
0
0.24
0.49
0.03
0.52
0.23
0
0.23
0.48
0.03
0.51
Revenue Recognition<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our revenue is primarily generated from the following sources: (i) charging for the use of our software solutions in cloud-based and hosted environments; (ii) providing payment and transaction services; (iii) providing software maintenance and support services; and (iv) providing professional services, including implementation, consulting, training, analytic and other services. Revenues are recognized when control of these services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those services.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We determine revenue recognition through the following steps: </span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Identification of the contract, or contracts, with a customer;</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Identification of the performance obligations in the contract;</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Determination of the transaction price;</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Allocation of the transaction price to the performance obligations in the contract; and</span></div><div style="line-height:120%;padding-left:48px;padding-top:8px;text-align:justify;text-indent:6px;"><span style="padding-top:8px;text-align:justify;font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;padding-right:42px;">•</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Recognition of revenue when, or as, we satisfy a performance obligation.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Recurring</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Recurring revenue represents stand-ready performance obligations in which we are making our solutions or services available to our customers continuously over time or the value of the contract renews. Therefore, recurring revenue is generally recognized over time on a ratable basis over the contract term, beginning on the date that the solution or service is made available to the customer. Our recurring revenue contracts are generally for a term of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> years at contract inception with </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">one</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> to </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">-year renewals thereafter, billed annually in advance and non-cancelable.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Recurring revenue is comprised of fees for the use of our subscription-based software solutions, which includes providing access to cloud-based solutions, hosting services, online training programs, subscription-based analytic services, such as donor acquisitions and data enrichment, and payment services. Recurring revenue also includes fees from maintenance services for our on-premises solutions, services included in our renewable subscription contracts, subscription-based contracts for professional services and variable transaction revenue associated with the use of our solutions.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our payment services are offered with the assistance of third-party vendors. In general, when we are the principal in a transaction based on the factors identified in ASC 606-10-55-36 through 55-40, we record the revenue and related costs on a gross basis. Otherwise, we net the cost of revenue associated with the service against the gross revenue (amount billed to the customer) and record the net amount as revenue. For payment and transaction services, we have the right to invoice the customer in an amount that directly corresponds with the value to the customer of our performance to date. Therefore, we recognize revenue for these services over time based on the amount billable to the customer in accordance with the 'as invoiced' practical expedient in ASC 606-10-55-18.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">One-time services and other</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">One-time services and other revenue primarily consists of fees for one-time consulting, analytic and onsite training services. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We generally bill consulting services based on hourly rates plus reimbursable travel-related expenses. Fixed price consulting engagements are generally billed as milestones towards completion are reached. Revenue for all consulting services is recognized over time as the services are performed.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We generally recognize analytic services revenue from donor prospect research engagements, the sale of lists of potential donors, data enrichment engagements and benchmarking studies at a point in time (upon delivery).</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In certain cases, we sell training at a fixed rate for each specific class at a per attendee price or at a packaged price for several attendees, and recognize the related revenue upon the customer attending and completing training. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Contracts with multiple performance obligations</span></div>Some of our contracts with customers contain multiple performance obligations. For these contracts, we account for individual performance obligations separately if they are distinct. The transaction price is allocated to the separate performance obligations on a relative standalone selling price basis. Standalone selling prices of our solutions and services are typically estimated based on observable transactions when the solutions or services are sold on a standalone basis.
We pay sales commissions at the time contracts with customers are signed or shortly thereafter, depending on the size and duration of the sales contract. Sales commissions and related fringe benefits earned by our sales force are considered incremental and recoverable costs of obtaining a contract with a customer. These costs are deferred and then amortized in a manner that aligns with the expected period of benefit, which we have determined to be <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">five</span> years. We determined the period of benefit by taking into consideration our customer contracts, including renewals, retention, our technology and other factors. We do not generally pay commissions for contract renewals. The related amortization expense is included in sales, marketing and customer success expense in our consolidated statements of comprehensive income.
To the extent that our customers are billed for our solutions and services in advance of us satisfying the related performance obligations, we record such amounts in deferred revenue.
Recently issued accounting pronouncements<span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Leases (Topic 842) </span>("ASU 2016-02"). ASU 2016-02 will require lessees to record most leases on their balance sheets but recognize expenses in the income statement in a manner similar to current guidance. The updated guidance also eliminates certain real estate-specific provisions and changes the guidance on sale-leaseback transactions, initial direct costs and lease executory costs for all entities. For lessors, the standard modifies the classification criteria and the accounting for sales-type and direct financing leases. All entities will classify leases to determine how to recognize lease-related revenue and expense. Classification will continue to affect amounts that lessors record on the balance sheet. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, and interim periods within those years. Early adoption is permitted. Upon adoption, entities will be required to use a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply. We expect ASU 2016-02 will impact our consolidated financial statements and related disclosures. We are currently evaluating the extent of the impact and
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">3. Business Combinations</span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Reeher acquisition</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">On </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">April 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, we acquired all of the outstanding equity securities, including all voting equity interests, of Reeher LLC, a Minnesota limited liability company (“Reeher”), pursuant to a securities purchase agreement. The acquisition expands our fundraising performance management capabilities and is intended to drive more effective fundraising and greater social good outcomes for our customers. We acquired the equity securities for an aggregate purchase price of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$41.3 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> in cash, subject to certain adjustments set forth in the securities purchase agreement. The purchase price and related expenses were funded primarily through borrowings under the 2017 Credit Facility (as defined below). As a result of the acquisition, Reeher has become a wholly-owned subsidiary of ours. The operating results of Reeher have been included in our consolidated financial statements from the date of acquisition. During the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three and six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, we incurred </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">insignificant</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> acquisition-related expenses associated with the acquisition, which were recorded in general and administrative expense.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The fair values assigned to the assets acquired and liabilities assumed in the table below are based on our best estimates and assumptions as of the reporting date and are considered preliminary pending finalization. The estimates and assumptions are subject to change as we obtain additional information during the measurement period, which may be up to one year from the acquisition date. The assets and liabilities, pending finalization, include the valuation of intangible assets as well as the assumed deferred revenue and deferred income tax balances.</span></div><div style="line-height:120%;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"/></tr><tr><td style="width:87%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Purchase price allocation</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Net working capital, excluding deferred revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,683</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Property and equipment</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>755</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Identifiable intangible assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>27,055</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Deferred tax asset</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>713</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Deferred revenue</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(2,700</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Goodwill</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>13,827</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total purchase price</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>41,333</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The estimated fair value of accounts receivable acquired approximates the contractual value of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$1.1 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$11.8 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> of the goodwill arising in the acquisition is deductible for income tax purposes. The estimated goodwill recognized is attributable primarily to the opportunities for expected synergies from combining the operations and assembled workforce of Reeher.</span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The Reeher acquisition resulted in the identification of the following identifiable intangible assets:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:15%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Intangible assets acquired</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Weighted average amortization period</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Reeher</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;"> (in thousands)</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in years)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Acquired technology</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,900</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11</span></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Customer relationships</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>10</span></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In-process research and development</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>600</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Indefinite</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Marketing assets</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>480</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3</span></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Non-compete agreements</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>75</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2</span></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total intangible assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>27,055</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11</span></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The estimated fair values of the intangible assets were based on variations of the income approach, which estimates fair value based upon the present value of cash flows that the assets are expected to generate, and which included the relief-from-royalty method, incremental cash flow method, including the comparative (with and without) method and multi-period excess earnings method, depending on the intangible asset being valued. The method of amortization of identifiable finite-lived intangible assets is based on the expected pattern in which the estimated economic benefits of the respective assets are consumed or otherwise used up. Customer relationships and acquired technology are being amortized on an accelerated basis. Marketing assets and non-compete agreements are being amortized on a straight-line basis.</span></div>We determined that the impact of this acquisition was not material to our consolidated financial statements; therefore, revenue and earnings since the acquisition date and pro forma information are not required or presented.
41300000
The fair values assigned to the assets acquired and liabilities assumed in the table below are based on our best estimates and assumptions as of the reporting date and are considered preliminary pending finalization. The estimates and assumptions are subject to change as we obtain additional information during the measurement period, which may be up to one year from the acquisition date. The assets and liabilities, pending finalization, include the valuation of intangible assets as well as the assumed deferred revenue and deferred income tax balances.<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"/></tr><tr><td style="width:87%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Purchase price allocation</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Net working capital, excluding deferred revenue</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,683</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Property and equipment</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>755</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Identifiable intangible assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>27,055</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Deferred tax asset</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>713</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Deferred revenue</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(2,700</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Goodwill</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>13,827</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total purchase price</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>41,333</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
1683000
755000
27055000
713000
2700000
13827000
41333000
1100000
11800000
The Reeher acquisition resulted in the identification of the following identifiable intangible assets:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:15%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Intangible assets acquired</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Weighted average amortization period</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Reeher</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;"> (in thousands)</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in years)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Acquired technology</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,900</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11</span></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Customer relationships</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>10</span></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In-process research and development</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>600</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Indefinite</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Marketing assets</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>480</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3</span></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Non-compete agreements</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>75</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2</span></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total intangible assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>27,055</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11</span></span></div></td></tr></table></div>
18900000
P11Y
7000000
P10Y
600000
480000
P3Y
75000
P2Y
27055000
P11Y
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">4. Goodwill</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The change in goodwill during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, consisted of the following:</span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"/></tr><tr><td style="width:87%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Total</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Balance at December 31, 2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>530,249</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Additions related to current year business combinations</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,417</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Adjustments related to prior year business combinations</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(141</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Effect of foreign currency translation</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,213</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Balance at June 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>547,312</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
The change in goodwill during the <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, consisted of the following:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"/></tr><tr><td style="width:87%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Total</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Balance at December 31, 2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>530,249</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Additions related to current year business combinations</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,417</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Adjustments related to prior year business combinations</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(141</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Effect of foreign currency translation</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,213</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Balance at June 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>547,312</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
530249000
18417000
-141000
-1213000
547312000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">5. Earnings Per Share</span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We compute basic earnings per share by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares and dilutive potential common shares outstanding during the period. Diluted earnings per share reflect the assumed exercise, settlement and vesting of all dilutive securities using the “treasury stock method” except when the effect is anti-dilutive. Potentially dilutive securities consist of shares issuable upon the exercise of stock options, settlement of stock appreciation rights and vesting of restricted stock awards and units.</span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The following table sets forth the computation of basic and diluted earnings per share:</span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands, except per share amounts)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Numerator:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,592</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11,029</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>24,343</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>24,171</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Denominator:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Weighted average common shares</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,222,657</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>46,662,481</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,121,692</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>46,584,263</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Add effect of dilutive securities:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Stock-based awards</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>830,437</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,028,859</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>908,855</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,002,630</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Weighted average common shares assuming dilution</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>48,053,094</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,691,340</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>48,030,547</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,586,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Earnings per share:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Basic</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.14</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Diluted</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.14</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Anti-dilutive shares excluded from calculations of diluted earnings per share</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>37</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,515</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
The following table sets forth the computation of basic and diluted earnings per share:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands, except per share amounts)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Numerator:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Net income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,592</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11,029</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>24,343</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>24,171</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Denominator:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Weighted average common shares</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,222,657</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>46,662,481</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,121,692</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>46,584,263</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Add effect of dilutive securities:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Stock-based awards</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>830,437</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,028,859</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>908,855</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,002,630</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Weighted average common shares assuming dilution</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>48,053,094</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,691,340</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>48,030,547</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>47,586,893</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Earnings per share:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Basic</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.14</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.24</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.52</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Diluted</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.14</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.23</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.51</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Anti-dilutive shares excluded from calculations of diluted earnings per share</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>37</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,515</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
6592000
11029000
24343000
24171000
47222657
46662481
47121692
46584263
830437
1028859
908855
1002630
48053094
47691340
48030547
47586893
0.14
0.24
0.52
0.52
0.14
0.23
0.51
0.51
0
0
37
5515
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">6. Fair Value Measurements</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We use a three-tier fair value hierarchy to measure fair value. This hierarchy prioritizes the inputs into three broad levels as follows:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:54px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:30px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Level 1 - Quoted prices for identical assets or liabilities in active markets; </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:54px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:30px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Level 2 - Quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in markets that are not active, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets; and</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:54px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:30px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Level 3 - Valuations derived from valuation techniques in which one or more significant inputs are unobservable.</span></div></td></tr></table><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Recurring fair value measurements</span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Financial assets and liabilities measured at fair value on a recurring basis consisted of the following, as of the dates indicated below:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:45%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Fair value measurement using</span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Level 1</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Level 2</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Level 3</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Total</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Fair value as of June 30, 2018</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Financial assets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Derivative instruments</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total financial assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Fair value as of December 31, 2017</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Financial assets:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Derivative instruments</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total financial assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our derivative instruments within the scope of ASC 815, </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-style:italic;">Derivatives and Hedging</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, are required to be recorded at fair value. Our derivative instruments that are recorded at fair value include interest rate swaps.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The fair value of our interest rate swaps was based on model-driven valuations using LIBOR rates, which are observable at commonly quoted intervals. Accordingly, our interest rate swaps are classified within Level 2 of the fair value hierarchy.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We believe the carrying amounts of our cash and cash equivalents, restricted cash due to customers, accounts receivable, trade accounts payable, accrued expenses and other current liabilities and due to customers approximate their fair values at </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, due to the immediate or short-term maturity of these instruments.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We believe the carrying amount of our debt approximates its fair value at </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">December 31, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, as the debt bears interest rates that approximate market value. As LIBOR rates are observable at commonly quoted intervals, our debt is classified within Level 2 of the fair value hierarchy.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We did not transfer any assets or liabilities among the levels within the fair value hierarchy during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. Additionally, we did not hold any Level 3 assets or liabilities during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Non-recurring fair value measurements</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Assets and liabilities that are measured at fair value on a non-recurring basis include intangible assets and goodwill, which are recognized at fair value during the period in which an acquisition is completed, from updated estimates and assumptions during the measurement period, or when they are considered to be impaired. These non-recurring fair value measurements, primarily for intangible assets acquired, are based on Level 3 unobservable inputs. In the event of an impairment, we determine the fair value of the goodwill and intangible assets using a discounted cash flow approach, which contains significant unobservable inputs and, therefore, is considered a Level 3 fair value measurement. The unobservable inputs in the analysis generally include future cash flow projections and a discount rate.</span></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">There were no non-recurring fair value adjustments to intangible assets and goodwill during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, except for an insignificant business combination accounting adjustment to the initial fair value estimates of the assets acquired and liabilities assumed at the acquisition date from updated information obtained during the measurement period. See </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Note 4</span> to these consolidated financial statements for additional details. The measurement period of a business combination may be up to one year from the acquisition date. We record any measurement period adjustments to the fair value of assets acquired and liabilities assumed, with the corresponding offset to goodwill.
Financial assets and liabilities measured at fair value on a recurring basis consisted of the following, as of the dates indicated below:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:45%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:11%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="11" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Fair value measurement using</span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Level 1</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Level 2</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Level 3</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Total</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Fair value as of June 30, 2018</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Financial assets:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Derivative instruments</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total financial assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:20px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Fair value as of December 31, 2017</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Financial assets:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Derivative instruments</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total financial assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
0
3789000
0
3789000
0
3789000
0
3789000
0
1283000
0
1283000
0
1283000
0
1283000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">7. Consolidated Financial Statement Details</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Prepaid expenses and other assets</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Costs of obtaining contracts</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>81,631</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>77,312</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Prepaid software maintenance and subscriptions</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>23,856</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>17,402</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Taxes, prepaid and receivable</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>14,531</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>10,548</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Derivative instruments</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,933</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,136</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Security deposits</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,741</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,305</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,424</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,230</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total prepaid expenses and other assets</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>139,905</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>119,216</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Long-term portion</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>64,089</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>57,238</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Prepaid expenses and other current assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>75,816</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>61,978</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">(1)</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Amortization expense from costs of obtaining contracts was </span><span style="font-family:Frutiger LT 45 Light;font-size:8pt;"><span>$17.6 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"> for the </span><span style="font-family:Frutiger LT 45 Light;font-size:8pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"> </span><span style="font-family:Frutiger LT 45 Light;font-size:8pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">.</span></div></td></tr></table><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Accrued expenses and other liabilities</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:72%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued bonuses</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11,134</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>16,743</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued commissions and salaries</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>8,917</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,943</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Lease incentive obligations</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,186</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,635</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Customer credit balances</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,413</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,652</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Deferred rent liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,678</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,548</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Taxes payable</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,270</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,517</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Unrecognized tax benefit</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,112</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,972</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued vacation costs</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,366</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,458</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued health care costs</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,885</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,615</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,695</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,948</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total accrued expenses and other liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>53,656</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>60,031</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Long-term portion</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,474</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,632</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued expenses and other current liabilities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>46,182</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>54,399</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Other income, net</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>277</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>210</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>669</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>378</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Gain on derivative instrument</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Loss on debt extinguishment</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(162</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(162</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other income (expense), net</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>69</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>304</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(163</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>422</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other income, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>346</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>827</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>506</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,113</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
Prepaid expenses and other assets<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:70%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Costs of obtaining contracts</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">(1)</sup></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>81,631</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>77,312</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Prepaid software maintenance and subscriptions</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>23,856</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>17,402</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Taxes, prepaid and receivable</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>14,531</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>10,548</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Derivative instruments</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,933</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,136</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Security deposits</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,741</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,305</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,424</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,230</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total prepaid expenses and other assets</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>139,905</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>119,216</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Long-term portion</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>64,089</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>57,238</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Prepaid expenses and other current assets</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>75,816</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>61,978</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
81631000
77312000
23856000
17402000
14531000
10548000
3789000
1283000
3933000
3136000
2741000
2305000
9424000
7230000
139905000
119216000
64089000
57238000
75816000
61978000
17600000
Accrued expenses and other liabilities<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:72%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued bonuses</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11,134</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>16,743</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued commissions and salaries</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>8,917</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,943</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Lease incentive obligations</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,186</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,635</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Customer credit balances</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,413</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,652</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Deferred rent liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,678</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,548</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Taxes payable</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,270</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,517</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Unrecognized tax benefit</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,112</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,972</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued vacation costs</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,366</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,458</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued health care costs</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,885</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,615</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,695</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,948</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total accrued expenses and other liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>53,656</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>60,031</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Long-term portion</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,474</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,632</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accrued expenses and other current liabilities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>46,182</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>54,399</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
11134000
16743000
8917000
6943000
4186000
4635000
3413000
4652000
4678000
4548000
3270000
5517000
3112000
1972000
2366000
2458000
2885000
2615000
9695000
9948000
53656000
60031000
7474000
5632000
46182000
54399000
<span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Other income, net</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest income</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>277</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>210</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>669</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>378</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Gain on derivative instrument</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Loss on debt extinguishment</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(162</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(162</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other income (expense), net</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>69</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>304</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(163</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>422</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other income, net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>346</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>827</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>506</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,113</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
277000
210000
669000
378000
0
475000
0
475000
0
-162000
0
-162000
69000
304000
-163000
422000
346000
827000
506000
1113000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">8. Debt</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The following table summarizes our debt balances and the related weighted average effective interest rates, which includes the effect of interest rate swap agreements.</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:43%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Debt balance at</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Weighted average </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">effective interest rate at</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Credit facility:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Revolving credit loans</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>188,100</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>143,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.58</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.84</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Term loans</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>292,500</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>296,250</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.30</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.64</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other debt</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4.50</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4.50</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Total debt</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>481,676</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>440,326</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.41</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.71</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Unamortized discount and debt issuance costs</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,864</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,102</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Debt, current portion</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>8,576</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>8,576</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.49</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.03</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Debt, net of current portion</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>471,236</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>429,648</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.41</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.71</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, we entered into a five-year </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$700.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> senior credit facility (the "</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017 Credit Facility</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">"). As of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, the required annual maturities related to the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017 Credit Facility</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and other debt were as follows:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"/></tr><tr><td style="width:89%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Years ending December 31,</span></div><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Annual maturities</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2018 - remaining</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,826</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2019 </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,500</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2020 </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,500</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2021 </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,500</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2022 </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>454,350</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Thereafter</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total required maturities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>481,676</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
The following table summarizes our debt balances and the related weighted average effective interest rates, which includes the effect of interest rate swap agreements.<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:43%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Debt balance at</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Weighted average </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">effective interest rate at</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Credit facility:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Revolving credit loans</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>188,100</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>143,000</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.58</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.84</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Term loans</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>292,500</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>296,250</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.30</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.64</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other debt</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,076</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4.50</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4.50</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Total debt</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>481,676</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>440,326</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.41</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.71</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Unamortized discount and debt issuance costs</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,864</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,102</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Less: Debt, current portion</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>8,576</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>8,576</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.49</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.03</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Debt, net of current portion</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>471,236</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>429,648</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3.41</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2.71</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr></table></div>
188100000
143000000
0.0358
0.0284
292500000
296250000
0.0330
0.0264
1076000
1076000
0.0450
0.0450
481676000
440326000
0.0341
0.0271
-1864000
-2102000
8576000
8576000
0.0349
0.0303
471236000
429648000
0.0341
0.0271
700000000.0
As of <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, the required annual maturities related to the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017 Credit Facility</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and other debt were as follows:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"/></tr><tr><td style="width:89%;"/><td style="width:1%;"/><td style="width:9%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Years ending December 31,</span></div><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Annual maturities</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2018 - remaining</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,826</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2019 </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,500</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2020 </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,500</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2021 </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,500</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2022 </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>454,350</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Thereafter</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total required maturities</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>481,676</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
4826000
7500000
7500000
7500000
454350000
0
481676000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">9. Derivative Instruments</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Cash flow hedges</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We generally use derivative instruments to manage our variable interest rate risk. In </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, we entered into an interest rate swap agreement (the "</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement"), which effectively converts portions of our variable rate debt under our credit facility to a fixed rate for the term of the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement. The notional value of the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement was </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$150.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> with an effective date beginning in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> through </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2021</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. We designated the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement as a cash flow hedge at the inception of the contract.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, we entered into an additional interest rate swap agreement (the "</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement"), which effectively converts portions of our variable rate debt under our credit facility to a fixed rate for the term of the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement. The notional value of the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement was </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$50.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> with an effective date beginning in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> through </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 2021</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. We designated the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> Swap Agreement as a cash flow hedge at the inception of the contract.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Undesignated contracts</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, we entered into a foreign currency option contract to hedge our exposure to currency fluctuations in connection with our acquisition of JustGiving because the purchase price was denominated in British Pounds. The notional value of the instrument was </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>£100.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> with an effective date beginning in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and maturing in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">September 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. We settled the foreign currency option contract in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">September 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. We did not designate the foreign currency option contract as a cash flow hedge for accounting purposes since it involved a business combination. As such, changes in the fair value of this derivative were recognized in earnings. The insignificant premium paid for this option is shown within cash flows from investing activities in our consolidated statements of cash flows.</span></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The fair values of our derivative instruments were as follows as of:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:27%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Asset Derivatives</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Liability Derivatives</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Balance sheet location</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Balance sheet location</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Derivative instruments designated as hedging instruments:</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Interest rate swaps, current portion</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Prepaid expenses</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">and other current assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>145</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Accrued expenses</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">and other current liabilities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Interest rate swaps, long-term portion</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,138</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Total derivative instruments designated as hedging instruments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The effects of derivative instruments in cash flow hedging relationships were as follows:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:27%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Gain (loss) recognized</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">in accumulated other </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">comprehensive </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">loss as of</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Location </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">of gain (loss) </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">reclassified from </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">accumulated other </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">comprehensive </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">loss into income</span></div></td><td colspan="6" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Gain (loss) reclassified from accumulated</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;"> other comprehensive loss into income</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest rate swaps</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest expense</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(60</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(40</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest rate swaps</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>336</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest expense</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>15</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(104</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our policy requires that derivatives used for hedging purposes be designated and effective as a hedge of the identified risk exposure at the inception of the contract. Accumulated other comprehensive income (loss) includes unrealized gains or losses from the change in fair value measurement of our derivative instruments each reporting period and the related income tax expense or benefit. Changes in the fair value measurements of the derivative instruments and the related income tax expense or benefit are reflected as adjustments to accumulated other comprehensive income (loss) until the actual hedged expense is incurred or until the hedge is terminated at which point the unrealized gain (loss) is reclassified from accumulated other comprehensive income (loss) to current earnings. The estimated accumulated other comprehensive income as of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> that is expected to be reclassified into earnings within the next twelve months is </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$0.7 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. There were </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">no</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> ineffective portions of our interest rate swap derivatives during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. See </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Note 13</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> to these consolidated financial statements for a summary of the changes in accumulated other comprehensive income (loss) by component.</span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We did not have any undesignated derivative instruments during 2018. The effects of undesignated derivative instruments during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three and six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> were as follows:</span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9"/></tr><tr><td style="width:36%;"/><td style="width:25%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Location of gain (loss) <br/>recognized in income on derivative</span></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Gain (loss) recognized in income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Foreign currency option contracts</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other income (expense), net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
150000000.0
50000000.0
100000000.0
The fair values of our derivative instruments were as follows as of:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:27%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Asset Derivatives</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Liability Derivatives</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Balance sheet location</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Balance sheet location</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Derivative instruments designated as hedging instruments:</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Interest rate swaps, current portion</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Prepaid expenses</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">and other current assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>145</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Accrued expenses</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">and other current liabilities</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Interest rate swaps, long-term portion</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other assets</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,138</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">Other liabilities</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;font-weight:bold;">Total derivative instruments designated as hedging instruments</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>1,283</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
0
145000
0
0
3789000
1138000
0
0
3789000
1283000
0
0
The effects of derivative instruments in cash flow hedging relationships were as follows:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:27%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:16%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Gain (loss) recognized</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">in accumulated other </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">comprehensive </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">loss as of</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Location </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">of gain (loss) </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">reclassified from </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">accumulated other </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">comprehensive </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">loss into income</span></div></td><td colspan="6" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Gain (loss) reclassified from accumulated</span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;"> other comprehensive loss into income</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest rate swaps</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,789</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest expense</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(60</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(40</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest rate swaps</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>336</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Interest expense</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>15</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(104</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr></table></div>
-3789000
60000
40000
-336000
-15000
104000
700000
The effects of undesignated derivative instruments during the <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three and six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> were as follows:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9"/></tr><tr><td style="width:36%;"/><td style="width:25%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:17%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Location of gain (loss) <br/>recognized in income on derivative</span></div></td><td colspan="6" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Gain (loss) recognized in income</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #ffffff;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Foreign currency option contracts</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other income (expense), net</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>475</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
-475000
-475000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">10. Commitments and Contingencies </span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Leases</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total rent expense was </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$5.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$4.1 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> for the three months ended June 30, 2018 and 2017, respectively, and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$9.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$8.1 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, respectively, for the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Other commitments</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The term loans under the 2017 Credit Facility require periodic principal payments. The balance of the term loans and any amounts drawn on the revolving credit loans are due upon maturity of the 2017 Credit Facility in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 2022</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We have contractual obligations for third-party technology used in our solutions and for other services we purchase as part of our normal operations. In certain cases, these arrangements require a minimum annual purchase commitment by us. As of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, the remaining aggregate minimum purchase commitment under these arrangements was approximately </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$48.2 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> through </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2023</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Solution and service indemnifications</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In the ordinary course of business, we provide certain indemnifications of varying scope to customers against claims of intellectual property infringement made by third parties arising from the use of our solutions or services. If we determine that it is probable that a loss has been incurred related to solution or service indemnifications, any such loss that could be reasonably estimated would be recognized. We have not identified any losses and, accordingly, we have not recorded a liability related to these indemnifications.</span></div><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Legal proceedings</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We are subject to legal proceedings and claims that arise in the ordinary course of business. We make a provision for a loss contingency when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel and other information and events pertaining to a particular case. Unless otherwise specifically disclosed in this note, we have determined as of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, that no provision for liability nor disclosure is required related to any claim against us because (a) there is not a reasonable possibility that a loss exceeding amounts already recognized (if any) may be incurred with respect to such claim; (b) a reasonably possible loss or range of loss cannot be estimated; or (c) such estimate is immaterial.</span></div>All legal costs associated with litigation are expensed as incurred. Litigation is inherently unpredictable. However, we believe that we have valid defenses with respect to the legal matters pending against us. It is possible, nevertheless, that our consolidated financial position, results of operations or cash flows could be negatively affected in any particular period by an unfavorable resolution of one or more of such proceedings, claims or investigations.
5000000.0
4100000
9000000.0
8100000
48200000
Legal proceedingsWe are subject to legal proceedings and claims that arise in the ordinary course of business. We make a provision for a loss contingency when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. These provisions are reviewed at least quarterly and adjusted to reflect the impacts of negotiations, settlements, rulings, advice of legal counsel and other information and events pertaining to a particular case.
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">11. Income Taxes</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">income tax provision (benefit)</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and effective income tax rates, including the effects of period-specific events, were:</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Income tax provision (benefit)</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>825</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,105</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(2,702</span></span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,145</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Effective income tax rate</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11.1</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>22.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(12.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)%</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The decreases in our effective income tax rates during the three and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, when compared to the same periods in </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, were </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">primarily due to the impact of the discrete benefit to income tax expense relating to stock-based compensation items, calculated prior to the impact of the U.S. federal corporate tax rate change as a result of the Tax Act. This favorable impact was attributable to an increase in the market price for shares of our common stock, as reported by the Nasdaq Stock Market LLC ("Nasdaq"), as well as an increase in the number of stock awards that vested and were exercised. Most of our equity awards are granted during our first quarter and vest in subsequent years during the same quarter. This discrete benefit to income tax expense relating to stock-based compensation during the three and six months ended June 30, 2018 was reduced as a result of the decrease in the U.S. corporate tax rate.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The decreases in our effective income tax rates during the three and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, as compared to the same periods in 2017, were also attributable to the impact of the lower U.S. federal corporate tax rate on pre-tax income.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In December 2017, the Tax Act was signed into law making significant changes to the Internal Revenue Code. Changes include, but are not limited to, a corporate tax rate decrease from 35% to 21% effective for tax years beginning after December 31, 2017, the transition of U.S. international taxation from a worldwide tax system to a territorial system, and a one-time transition tax on the mandatory deemed repatriation of cumulative foreign earnings as of December 31, 2017. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">On December 22, 2017, Staff Accounting Bulletin No. 118 (“SAB 118”) was issued to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete the accounting for certain income tax effects of the Tax Act. For the three and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, the Company obtained additional information affecting the provisional amount calculated for the transition tax as of December 31, 2017; however, the Company determined that the transition tax is still insignificant.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The Tax Act eliminates the exceptions for performance-based compensation and CFO compensation from the 162(m) calculation. A transition rule allows for the grandfathering of performance-based compensation pursuant to a written binding contract in effect as of November 2, 2017. While there is negative discretion inherent in our performance-based compensation plans, it is our position that the intent is for historic contracts to be written and binding. As a result, we have not adjusted the ending estimated deferred tax assets for the performance-based stock compensation or the bonus accrual in our 2018 tax provision.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div>Our estimates of the impact of the Tax Act may change due to a number of additional considerations including, but not limited to, the issuance of additional regulations or guidance and our ongoing analysis of the new law. Any subsequent adjustment to these amounts will be recorded to tax expense when the analysis is complete.
Our <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">income tax provision (benefit)</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and effective income tax rates, including the effects of period-specific events, were:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Income tax provision (benefit)</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>825</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,105</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(2,702</span></span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:middle;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,145</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Effective income tax rate</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11.1</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>22.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(12.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)%</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">%</span></div></td></tr></table></div>
825000
3105000
-2702000
1145000
0.111
0.220
-0.125
0.045
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">12. Stock-based Compensation</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Stock-based compensation expense is allocated to cost of revenue and operating expenses on the consolidated statements of comprehensive income based on where the associated employee’s compensation is recorded. The following table summarizes stock-based compensation expense:</span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Included in cost of revenue:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Cost of recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>718</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>443</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,170</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>823</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Cost of one-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>927</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>507</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,570</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>918</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total included in cost of revenue</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,645</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>950</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,740</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,741</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Included in operating expenses:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Sales, marketing and customer success</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,807</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,781</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,632</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,220</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Research and development</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,448</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,067</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,584</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,784</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">General and administrative</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,037</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>12,997</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11,384</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total included in operating expenses</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>12,216</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,885</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>22,213</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,388</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total stock-based compensation expense</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>13,861</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>10,835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>24,953</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>20,129</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
The following table summarizes stock-based compensation expense:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Included in cost of revenue:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Cost of recurring</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>718</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>443</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,170</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>823</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Cost of one-time services and other</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>927</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>507</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,570</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>918</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total included in cost of revenue</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,645</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>950</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,740</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,741</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Included in operating expenses:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Sales, marketing and customer success</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,807</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,781</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,632</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,220</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Research and development</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,448</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,067</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,584</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,784</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">General and administrative</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,961</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6,037</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>12,997</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>11,384</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total included in operating expenses</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>12,216</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,885</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>22,213</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,388</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total stock-based compensation expense</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>13,861</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>10,835</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>24,953</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>20,129</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
718000
443000
1170000
823000
927000
507000
1570000
918000
1645000
950000
2740000
1741000
2807000
1781000
4632000
3220000
2448000
2067000
4584000
3784000
6961000
6037000
12997000
11384000
12216000
9885000
22213000
18388000
13861000
10835000
24953000
20129000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">13. Stockholders' Equity</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Dividends</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our Board of Directors has adopted a dividend policy, which provides for the distribution to stockholders of a portion of cash generated by us that is in excess of operational needs and capital expenditures. The </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2017 Credit Facility</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> limits the amount of dividends payable and certain state laws restrict the amount of dividends distributed.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:0px;text-indent:0px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">In </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, our Board of Directors approved an annual dividend rate of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$0.48</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> per share to be made in quarterly payments. Dividend payments are not guaranteed and our Board of Directors may decide, in its absolute discretion, at any time and for any reason, not to declare and pay further dividends. The following table provides information with respect to quarterly dividends of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$0.12</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> per share paid on common stock during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> months ended </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:60%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:13%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Declaration Date</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Dividend </span></div><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">per Share</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Record Date</span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Payable Date</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 6, 2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="padding-top:12px;text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="padding-top:12px;text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.12</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">February 28</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">March 15</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">April 30, 2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:12px;text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;"><div style="padding-top:12px;text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>0.12</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">May 25</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 15</span></div></td></tr></table></div></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">On </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">July 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, our Board of Directors declared a </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">third</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> quarter dividend of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$0.12</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> per share payable on </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">September 14, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> to stockholders of record on </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">August 28, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Changes in accumulated other comprehensive income (loss) by component</span></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The changes in accumulated other comprehensive income (loss) by component, consisted of the following:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Accumulated other comprehensive income (loss), beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,041</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(270</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(642</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(604</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">By component:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Gains and losses on cash flow hedges:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive income balance, beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,022</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>207</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>776</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>25</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other comprehensive income before reclassifications, net of tax effects of $(259), $(3), $(651) and $(74)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>721</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,815</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>115</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Amounts reclassified from accumulated other comprehensive loss to interest expense</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>60</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(15</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>40</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>104</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Tax benefit included in provision for income taxes</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(16</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(11</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(41</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total amounts reclassified from accumulated other comprehensive loss</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>44</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(9</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>63</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Net current-period other comprehensive income (loss)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>765</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(4</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>178</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Reclassification upon early adoption of ASU 2018-02</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>167</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive income balance, end of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,787</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>203</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,787</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>203</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Foreign currency translation adjustment:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive income (loss) balance, beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,019</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,418</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(629</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Translation adjustments</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(8,817</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(349</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(2,380</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(197</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive loss balance, end of period</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,798</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(826</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,798</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(826</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Accumulated other comprehensive loss, end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,011</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(623</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,011</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(623</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr></table></div>
0.48
0.12
0.12
0.12
0.12
The changes in accumulated other comprehensive income (loss) by component, consisted of the following:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:59%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Accumulated other comprehensive income (loss), beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>7,041</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(270</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(642</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(604</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">By component:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Gains and losses on cash flow hedges:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive income balance, beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,022</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>207</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>776</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>25</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other comprehensive income before reclassifications, net of tax effects of $(259), $(3), $(651) and $(74)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>721</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,815</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>115</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Amounts reclassified from accumulated other comprehensive loss to interest expense</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>60</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(15</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>40</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>104</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:52px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Tax benefit included in provision for income taxes</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(16</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>6</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(11</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(41</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total amounts reclassified from accumulated other comprehensive loss</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>44</span></span></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(9</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>29</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>63</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Net current-period other comprehensive income (loss)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>765</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(4</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,844</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>178</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Reclassification upon early adoption of ASU 2018-02</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>167</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive income balance, end of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,787</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>203</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>2,787</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>203</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Foreign currency translation adjustment:</span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive income (loss) balance, beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,019</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(477</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,418</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(629</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Translation adjustments</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(8,817</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(349</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(2,380</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(197</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Accumulated other comprehensive loss balance, end of period</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,798</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(826</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,798</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(826</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Accumulated other comprehensive loss, end of period</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,011</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(623</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(1,011</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(623</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td></tr></table></div>
7041000
-270000
-642000
-604000
2022000
207000
776000
25000
-721000
-5000
-1815000
-115000
60000
-15000
40000
104000
16000
-6000
11000
41000
44000
-9000
29000
63000
-765000
4000
-1844000
-178000
0
0
-167000
0
2787000
203000
2787000
203000
5019000
-477000
-1418000
-629000
-8817000
-349000
-2380000
-197000
-3798000
-826000
-3798000
-826000
-1011000
-623000
-1011000
-623000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">14. Revenue Recognition</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The prior period financial information presented below has been adjusted to reflect our adoption of ASU 2014-09.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Transaction price allocated to the remaining performance obligations</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">As of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, approximately </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$731 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> of revenue is expected to be recognized from remaining performance obligations. We expect to recognize revenue on approximately </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>60%</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> of these remaining performance obligations over the next 12 months, with the remainder recognized thereafter.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We applied the practical expedient in ASC 606-10-50-14 and have excluded the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less (one-time services); and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed (payment services and usage).</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We also applied the practical expedient in ASC 606-10-65-1-(f)(3), whereby the transaction price allocated to the remaining performance obligations, or an explanation of when we expect to recognize that amount as revenue for all reporting periods presented before the date of the initial application, is not disclosed.</span></div><div style="line-height:120%;padding-top:20px;text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Contract balances</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Our opening and closing balances of contract assets and deferred revenue were as follows:</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:72%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,933</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,136</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total deferred revenue</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>309,807</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>278,706</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract assets increased during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> primarily as a result of incremental revenue recognized in excess of amounts billed. The increase in deferred revenue during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> was primarily due to new subscription sales of our cloud-based solutions and a seasonal increase in customer contract renewals. Historically, due to the timing of customer budget cycles, we have an increase in customer contract renewals in our second quarter as compared to our fourth quarter. The amount of revenue recognized during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> that was included in the deferred revenue balance at the beginning of the period was approximately </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$217 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. The amount of revenue recognized during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> from performance obligations satisfied in prior periods was </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">insignificant</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">.</span></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">Disaggregation of revenue</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">We sell our cloud-based solutions and related services in two primary geographical markets: to customers in the United States, and to customers located outside of the United States. The following table presents our revenue by geographic area based on the address of our customers:</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">United States</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>179,586</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>172,515</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>355,509</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>341,409</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other countries</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>34,086</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>19,074</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>62,347</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>35,252</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total revenue</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>213,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>417,856</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The General Markets Group ("GMG"), the Enterprise Markets Group ("EMG"), and the International Markets Group ("IMG") comprise our go-to-market organizations. The following is a description of each market group:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The GMG focuses on sales to all K-12 private schools, faith-based and arts and cultural organizations, as well as emerging and mid-sized prospects in North America;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The EMG focuses on sales to all healthcare and higher education institutions, corporations and foundations, as well as large and/or strategic prospects in North America; and</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The IMG focuses on sales to all prospects and customers outside of North America.</span></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> The following table presents our revenue by market group:</span></div><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">GMG</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>96,212</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>90,002</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>190,877</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>177,482</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">EMG</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>93,502</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>91,794</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>183,565</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>179,318</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">IMG</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>23,644</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,890</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>41,968</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,948</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>314</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(97</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,446</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>913</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total revenue</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>213,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>417,856</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
731000000
0.60
Our opening and closing balances of contract assets and deferred revenue were as follows:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"/></tr><tr><td style="width:72%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:12%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, <br/>2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, <br/>2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract assets</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,933</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,136</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total deferred revenue</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>309,807</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>278,706</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
3933000
3136000
309807000
278706000
217000000
179586000
172515000
355509000
341409000
34086000
19074000
62347000
35252000
213672000
191589000
417856000
376661000
The following table presents our revenue by market group:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">GMG</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>96,212</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>90,002</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>190,877</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>177,482</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">EMG</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>93,502</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>91,794</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>183,565</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>179,318</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">IMG</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>23,644</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>9,890</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>41,968</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>18,948</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>314</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(97</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,446</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>913</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total revenue</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>213,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>417,856</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>The following table presents our revenue by geographic area based on the address of our customers:<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="14"/></tr><tr><td style="width:51%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:10%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Three months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="5" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;background-color:#acacac;color:#ffffff;font-weight:bold;">Six months ended <br/> June 30,</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(dollars in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #ffffff;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;border-top:1px solid #ffffff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">United States</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>179,586</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>172,515</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>355,509</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>341,409</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other countries</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>34,086</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>19,074</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>62,347</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>35,252</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total revenue</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>213,672</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>191,589</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>417,856</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>376,661</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;background-color:#f4f4f4;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
96212000
90002000
190877000
177482000
93502000
91794000
183565000
179318000
23644000
9890000
41968000
18948000
314000
-97000
1446000
913000
213672000
191589000
417856000
376661000
<div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"/></tr><tr><td style="width:100%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:12pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:12pt;font-weight:bold;">15. Restructuring</span></div></td></tr></table></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">During 2017, in an effort to further our organizational objectives including, improved operating efficiency, customer outcomes and employee satisfaction, we initiated a multi-year plan to consolidate and relocate some of our existing offices to highly modern and more collaborative workspaces with short-term financial commitments. These workspaces are also more centrally located for our employees and closer to our customers and prospects. Restructuring costs incurred to date and expected to be incurred consist primarily of costs to terminate existing lease agreements, contractual lease payments, net of estimated sublease income, upon vacating space as part of the plan, as well as insignificant costs to relocate affected employees and write-off leasehold improvement assets that we will no longer use. We currently expect to incur before-tax restructuring costs associated with these activities of between </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$6.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> and </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>$8.0 million</span></span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, with a significant portion of the remaining costs expected to be incurred through </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">2019</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">. We also expect to incur employee severance costs related to the plan; however, these costs cannot be reasonably estimated at this time.</span></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The following table summarizes our facilities optimization restructuring costs as of </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:53%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Costs incurred during the three months ended</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Costs incurred during the six months ended</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Cumulative costs incurred as of</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="10" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">By component:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract termination costs</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,652</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,423</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,018</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other costs</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>36</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>76</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>275</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,688</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,499</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,293</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><br/></span></div><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">The change in our liability related to our facilities optimization restructuring during the </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three and six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, consisted of the following:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:37%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Accrued at</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Increases for incurred costs</span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Costs paid</span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Accrued at</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">By component:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract termination costs</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>691</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,423</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,233</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,881</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other costs</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>76</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(76</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>691</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,499</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,881</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
6000000.0
8000000.0
The following table summarizes our facilities optimization restructuring costs as of <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="12"/></tr><tr><td style="width:53%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Costs incurred during the three months ended</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Costs incurred during the six months ended</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Cumulative costs incurred as of</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #ffffff;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="10" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">By component:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract termination costs</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,652</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,423</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,018</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other costs</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>36</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>76</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>275</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>3,688</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,499</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>5,293</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
3652000
4423000
5018000
36000
76000
275000
3688000
4499000
5293000
The change in our liability related to our facilities optimization restructuring during the <span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">three and six months ended</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"> </span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">June 30, 2018</span><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">, consisted of the following:</span><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="16"/></tr><tr><td style="width:37%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Accrued at</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Increases for incurred costs</span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" rowspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Costs paid</span></div></td><td rowspan="2" style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">Accrued at</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">(in thousands)</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">December 31, 2017</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#acacac;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:8pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:8pt;color:#ffffff;font-weight:bold;">June 30, 2018</span></div></td><td style="vertical-align:bottom;background-color:#acacac;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;font-weight:bold;">By component:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Contract termination costs</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>691</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,423</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,233</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,881</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Other costs</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>76</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(76</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#f4f4f4;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;background-color:#f4f4f4;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">Total</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>691</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>4,499</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>(3,309</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:Frutiger LT 45 Light,sans-serif;font-size:10pt;"><span>1,881</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #71bf43;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div>
691000
4423000
3233000
1881000
0
76000
76000
0
691000
4499000
3309000
1881000