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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Company's Goodwill
The following table sets forth details of the Company’s goodwill balance as of September 30, 2017:
 
Insurance
 
Healthcare
 
TT&L
 
F&A
 
All Other
 
Analytics
 
Total
Balance as at January 1, 2016
$
35,824

 
$
19,276

 
$
13,278

 
$
47,891

 
$
5,326

 
$
49,940

 
$
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

 
$
5,326

 
$
63,538

 
$
186,770

Currency translation adjustments
204

 

 
445

 
534

 

 

 
1,183

Balance as at September 30, 2017
$
38,314

 
$
19,276

 
$
13,428

 
$
48,071

 
$
5,326

 
$
63,538

 
$
187,953

Schedule of Finite and Indefinite-Lived Intangible Assets
Information regarding the Company’s intangible assets is set forth below:

As of September 30, 2017

Gross
Carrying Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Finite-lived intangible assets:


 


 


Customer relationships
$
75,372

 
$
(40,975
)
 
$
34,397

Leasehold benefits
2,826

 
(2,490
)
 
336

Developed technology
14,314

 
(8,177
)
 
6,137

Non-compete agreements
2,045

 
(1,739
)
 
306

Trade names and trademarks
5,379

 
(3,887
)
 
1,492

 
$
99,936

 
$
(57,268
)
 
$
42,668

Indefinite-lived intangible assets:
 
 
 
 
 
Trade names and trademarks
$
900

 
$

 
$
900

Total intangible assets
$
100,836

 
$
(57,268
)
 
$
43,568

 
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

Schedule of Finite Lived Intangibles Assets and Weighted Average Life
Information regarding the Company’s intangible assets is set forth below:

As of September 30, 2017

Gross
Carrying Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Finite-lived intangible assets:


 


 


Customer relationships
$
75,372

 
$
(40,975
)
 
$
34,397

Leasehold benefits
2,826

 
(2,490
)
 
336

Developed technology
14,314

 
(8,177
)
 
6,137

Non-compete agreements
2,045

 
(1,739
)
 
306

Trade names and trademarks
5,379

 
(3,887
)
 
1,492

 
$
99,936

 
$
(57,268
)
 
$
42,668

Indefinite-lived intangible assets:
 
 
 
 
 
Trade names and trademarks
$
900

 
$

 
$
900

Total intangible assets
$
100,836

 
$
(57,268
)
 
$
43,568

 
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

The remaining weighted average life of intangible assets is as follows:
 
(in years)
Customer relationships
5.15
Leasehold benefits
1.67
Developed technologies
3.77
Non-compete agreements
1.93
Trade names and trademarks (Finite lived)
5.23
Amortization of Intangible Assets
The amortization expenses is as follows:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2017
 
2016
 
2017
 
2016
Amortization expense
$
3,487

 
$
2,848

 
$
10,492

 
$
8,281

Estimated Future Amortization of Intangible Assets
Estimated amortization of intangible assets during the next twelve months ending September 30,
2018
$
12,667

2019
11,947

2020
5,705

2021
3,207

2022
2,461

2023 and thereafter
6,681

Total
$
42,668