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ACQUISITIONS AND DISPOSALS (Tables)
3 Months Ended
Mar. 31, 2018
Nowait, Inc  
Business Acquisition [Line Items]  
Schedule of Purchase Price, Assets Acquired and Liabilities Assumed
The final purchase price allocation is as follows (in thousands):
 
February 28, 2017
Fair value of purchase consideration
 
Cash:
 
Distributed to Nowait stockholders
$
31,892

Held in escrow account
7,945

Total purchase consideration
39,837

Fair value of net assets acquired:
 
Cash and cash equivalents
$
1,004

Intangible assets
12,670

Goodwill
25,959

Other assets
1,065

Total assets acquired
40,698

Liabilities assumed
(861
)
Total liabilities assumed
(861
)
Net assets acquired
$
39,837


Estimated useful lives and the amount assigned to each class of intangible assets acquired are as follows (dollars in thousands):
Intangible Asset Type
Amount Assigned
 
Useful Life
Enterprise restaurant relationships
$
8,500

 
12.0 years
Acquired technology
2,900

 
5.0 years
Trademarks
610

 
3.0 years
Local restaurant relationships
600

 
5.0 years
User relationships
60

 
3.0 years
Weighted average
 
 
9.6 years
Turnstyle Analytics Inc  
Business Acquisition [Line Items]  
Schedule of Purchase Price, Assets Acquired and Liabilities Assumed
The purchase price allocation, subject to finalization during the measurement period, is as follows (in thousands):
 
April 3, 2017
Fair value of purchase consideration
 
Cash:
 
Distributed to Turnstyle stockholders
$
16,648

Held in escrow account
3,093

Total purchase consideration
$
19,741

Fair value of net assets acquired:
 
Cash and cash equivalents
$
30

Intangible assets
4,252

Goodwill
16,048

Other assets
250

Total assets acquired
20,580

Deferred tax liability
(450
)
Liabilities assumed
(389
)
Total liabilities assumed
(839
)
Net assets acquired
$
19,741

Estimated useful lives and the amount assigned to each class of intangible assets acquired are as follows (dollars in thousands):
Intangible Asset Type
Amount Assigned
 
Useful Life
Acquired technology
$
3,250

 
5.0 years
Business relationships
672

 
5.0 years
Trademarks
250

 
3.0 years
User relationships
80

 
3.0 years
Weighted average
 
 
4.9 years