Business Combinations, Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Purchase Price Allocation for Acquisitions

The Company has preliminarily allocated the purchase price to the net tangible and intangible assets based on their fair values as set forth below:



	Amount
Tangible assets	$	3,582
Tangible liabilities	(1,503		)
Identifiable intangible assets:
Customer relationships	6,340
Developed technology	520
Trade names and trademarks	380
Goodwill	10,999
Total purchase price	$	20,318

During the three months ended December 31, 2016, the Company finalized its purchase price allocation for the acquisition based on their fair values as set forth below:



	Amount
Tangible assets	$	1,449
Tangible liabilities	(420		)
Deferred tax liability	(836		)
Identifiable intangible assets:
Customer relationships	2,300
Goodwill	2,599
Total purchase price	$	5,092

During the three months ended December 31, 2016, the Company finalized its purchase price allocation for the acquisition based on their fair values as set forth below:



	Amount
Tangible assets	$	517
Tangible liabilities	(993		)
Deferred tax liability	(643		)
Identifiable intangible assets:
Customer relationships	1,918
Developed technology	1,571
Trade names and trademarks	231
Goodwill	2,510
Total purchase price	$	5,111

Summary of Company's Goodwill

The following table sets forth details of the Company’s goodwill balance as of December 31, 2016:



	Insurance			Healthcare		TT&L			F&A			Analytics		All Other		Total
Balance as at January 1, 2015	$	35,824		$	19,276	$	13,833		$	48,555		$	16,785	$	5,326	$	139,599
Acquisitions	—			—		—			—			33,155		—		33,155
Currency translation adjustments	—			—		(555		)	(664		)	—		—		(1,219		)
Balance as at December 31, 2015	$	35,824		$	19,276	$	13,278		$	47,891		$	49,940	$	5,326	$	171,535
Acquisitions	2,510			—		—			—			13,598		—		16,108
Currency translation adjustments	(224		)	—		(295		)	(354		)	—		—		(873		)
Balance as at December 31, 2016	$	38,110		$	19,276	$	12,983		$	47,537		$	63,538	$	5,326	$	186,770

Schedule of Finite-Lived Intangible Assets

Information regarding the Company’s intangible assets is set forth below:



	As of December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	75,181	$	(32,968	)	$	42,213
Leasehold benefits	2,715		(2,247		)	468
Developed technology	14,186		(6,468		)	7,718
Non-compete agreements	2,045		(1,612		)	433
Trade names and trademarks	5,360		(3,322		)	2,038
	$	99,487	$	(46,617	)	$	52,870
Indefinite-lived intangible assets:
Trade names and trademarks	$	900	$	—		$	900
Total intangible assets	$	100,387	$	(46,617	)	$	53,770



	As of December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	64,816	$	(24,215	)	$	40,601
Leasehold benefits	2,789		(2,109		)	680
Developed technology	12,234		(4,363		)	7,871
Non-compete agreements	2,045		(1,451		)	594
Trade names and trademarks	4,770		(2,683		)	2,087
	$	86,654	$	(34,821	)	$	51,833
Indefinite-lived intangible assets:
Trade names and trademarks	$	900	$	—		$	900
Total intangible assets	$	87,554	$	(34,821	)	$	52,733

Schedule of Indefinite-Lived Intangible Assets

Information regarding the Company’s intangible assets is set forth below:



	As of December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	75,181	$	(32,968	)	$	42,213
Leasehold benefits	2,715		(2,247		)	468
Developed technology	14,186		(6,468		)	7,718
Non-compete agreements	2,045		(1,612		)	433
Trade names and trademarks	5,360		(3,322		)	2,038
	$	99,487	$	(46,617	)	$	52,870
Indefinite-lived intangible assets:
Trade names and trademarks	$	900	$	—		$	900
Total intangible assets	$	100,387	$	(46,617	)	$	53,770



	As of December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	64,816	$	(24,215	)	$	40,601
Leasehold benefits	2,789		(2,109		)	680
Developed technology	12,234		(4,363		)	7,871
Non-compete agreements	2,045		(1,451		)	594
Trade names and trademarks	4,770		(2,683		)	2,087
	$	86,654	$	(34,821	)	$	51,833
Indefinite-lived intangible assets:
Trade names and trademarks	$	900	$	—		$	900
Total intangible assets	$	87,554	$	(34,821	)	$	52,733

Estimated Amortization of Intangible Assets



Estimated amortization of intangible assets during the year ending December 31:
2017	$	13,910
2018	12,156
2019	11,257
2020	4,111
2021 and thereafter	11,436
Total	$	52,870