Business Combinations, Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations, Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of allocation of purchase price to assets acquired and liabilities assumed

The Company’s purchase price allocation to net tangible and intangible assets of SCIO is as follows:

Assets:
Cash and cash equivalents	$	9,842
Restricted cash	2,790
Accounts receivable	19,924
Other current assets	2,076
Property and equipment	1,824
Other assets	1,751
Intangible assets
Customer relationships	47,800
Developed technology	21,400
Trade names and trademarks	3,700
	111,107
Liabilities:
Current liabilities	(12,482		)
Deferred tax liabilities, net	(17,132		)
Other non-current liabilities	(200		)
	(29,814		)
Net assets acquired	$	81,293
Goodwill	163,751
Total purchase consideration	$	245,044

Schedule of Goodwill

The following table sets forth details of changes in goodwill by reportable segment of the Company:

	Insurance			Healthcare			TT&L			F&A			All Other		Analytics		Total
Balance at January 1, 2018	$	38,333		$	35,233		$	13,679		$	48,372		$	5,326	$	63,538	$	204,481
Acquisitions	—			—			—			—			—		163,751		163,751
Measurement period adjustments	—			(1,728		)	—			—			—		—		(1,728		)
Currency translation adjustments	(130		)	—			(982		)	(1,179		)	—		—		(2,291		)
Impairment charges	—			(14,229		)	—			—			—		—		(14,229		)
Balance at December 31, 2018	$	38,203		$	19,276		$	12,697		$	47,193		$	5,326	$	227,289	$	349,984
Currency translation adjustments	73			—			(240		)	(288		)	—		—		(455		)
Balance at December 31, 2019	$	38,276		$	19,276		$	12,457		$	46,905		$	5,326	$	227,289	$	349,529

Schedule of indefinite lived Intangible Assets

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

	As of December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Accumulated Impairment		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	97,602	$	(43,330	)	$	—	$	54,272
Developed technology	26,976		(10,687		)	—		16,289
Trade names and trademarks	5,100		(2,579		)	—		2,521
	$	129,678	$	(56,596	)	$	—	$	73,082
Indefinite-lived intangible assets:
Trade names and trademarks	$	900	$	—		$	—	$	900
Total intangible assets	$	130,578	$	(56,596	)	$	—	$	73,982

 

	As of December 31, 2018
	Gross Carrying Amount		Accumulated Amortization			Accumulated Impairment			Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	129,790	$	(56,367	)	$	(5,549	)	$	67,874
Leasehold benefits	2,644		(2,567		)	—			77
Developed technology	37,154		(14,653		)	—			22,501
Non-compete agreements	2,045		(1,937		)	—			108
Trade names and trademarks	9,639		(5,326		)	(278		)	4,035
	$	181,272	$	(80,850	)	$	(5,827	)	$	94,595
Indefinite-lived intangible assets:
Trade names and trademarks	$	900	$	—		$	—		$	900
Total intangible assets	$	182,172	$	(80,850	)	$	(5,827	)	$	95,495

Schedule of amortization of Intangible Assets

The amortization expense for the year is as follows:

	Year ended December 31,
	2019		2018		2017
Amortization expense	$	21,558	$	20,377	$	13,975

Schedule of finite lived Intangible Assets useful lives

The remaining weighted average life of intangible assets is as follows:

	(in years)
Customer relationships	7.66
Developed technology	3.64
Trade names and trademarks (Finite lived)	2.38

Schedule of estimated future amortization of Intangible Assets

Estimated future amortization expense related to intangible assets as of December 31, 2019 is as follows:
2020	$	14,458
2021	12,753
2022	11,335
2023	9,046
2024	6,704
2025 and thereafter	18,786
Total	$	73,082