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Business Combinations, Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Business Combinations [Abstract]  
Summary of Purchase Price Allocation for Acquisitions
During the three months ended December 31, 2015, the Company finalized its purchase price allocation for the acquisition, which is as follows:
 
Amount
 
(In thousands)
Net tangible assets
$
1,790

Identifiable intangible assets:

Customer Relationships
13,260

Trade Names
680

Developed Technology
1,420

Non-Compete Agreements
680

Goodwill
33,155

Total purchase price*
$
50,985

 
 
 
 
 
* Includes amount of $4,125 deposited in escrow accounts in connection with the acquisition.
Summary of Company's Goodwill
The following table sets forth details of the Company’s goodwill balance as of December 31, 2015:

Operations Management

 
Analytics

 
Total

Balance at January 1, 2014
$
90,622

 
$
16,785

 
$
107,407

Goodwill arising from Blue Slate acquisition (1)
4,554

 

 
4,554

Goodwill arising from Overland acquisition
28,667

 

 
28,667

Currency translation adjustments
(529
)
 

 
(529
)
Allocation on sale of a business unit (2)
(500
)
 

 
(500
)
Balance at December 31, 2014
$
122,814

 
$
16,785

 
$
139,599

Goodwill arising from RPM acquisition

 
33,155

 
33,155

Currency translation adjustments
(1,219
)
 

 
(1,219
)
Balance at December 31, 2015
$
121,595

 
$
49,940

 
$
171,535

 
 
(1)
Goodwill arising from the Company's acquisition of Blue Slate Solutions, LLC (“Blue Slate”) in 2014 was reclassified into Operations Management segment because of Company's change in segment reporting.
(2)
Relates to the sale of a business unit (acquired with the acquisition of Business Process Outsourcing Inc.). The net loss recognized from the sale of this business unit is $149 and is included under “other income, net” in the consolidated statements of income for the year ended December 31, 2014.
Summary of Company's Intangible Assets
Information regarding the Company’s intangible assets is set forth below:
 
As of December 31, 2015
 
Gross
Carrying Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
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
5,670

 
(2,683
)
 
2,987

 
$
87,554

 
$
(34,821
)
 
$
52,733

 
 
As of December 31, 2014
 
Gross
Carrying Amount
 
Accumulated
Amortization
 
Net Carrying
Amount
Customer relationships
$
51,598

 
$
(16,836
)
 
$
34,762

Leasehold benefits
2,927

 
(2,004
)
 
923

Developed technology
10,814

 
(2,402
)
 
8,412

Non-compete agreements
1,365

 
(1,323
)
 
42

Trade names and trademarks
4,990

 
(2,150
)
 
2,840

 
$
71,694

 
$
(24,715
)
 
$
46,979

Estimated Amortization of Intangible Assets
The Company had $900 of indefinite lived trade names and trademarks as of December 31, 2015 and 2014.
Estimated amortization of intangible assets during the year ending December 31,
2016
$
10,869

2017
$
10,792

2018
$
10,469

2019
$
9,707

2020
$
9,996