ACQUISITIONS (Tables)

3 Months Ended

Mar. 31, 2019

Fair Values of Net Assets Acquired and Liabilities Assumed



	Continuum		Think
	As of March 15, 2018		As of November 1, 2018
Cash and cash equivalents	$	2,251	$	2,344
Accounts receivable	6,676		2,259
Unbilled revenues	2,463		284
Prepaid and other current assets	936		609
Goodwill	26,617		22,482
Intangible assets	14,450		6,882
Property and equipment and other noncurrent assets	8,902		642
Total assets acquired	$	62,295	$	35,502
Accounts payable, accrued expenses and other current liabilities	$	2,745	$	2,205
Due to employees	1,001		13
Long-term debt	3,220		—
Other noncurrent liabilities	490		1,040
Total liabilities assumed	$	7,456	$	3,258
Net assets acquired	$	54,839	$	32,244

During the first quarter of 2019, there were no adjustments recorded related to the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition.

During the first quarter of 2019, the Company finalized the fair value of the assets acquired and liabilities assumed in the acquisition of Continuum. The Company adjusted initially recognized intangible assets and their useful lives as well as recognized an additional intangible asset in the form of a favorable lease and removed a noncurrent liability associated with an initially recognized unfavorable lease. The Company also finalized a working capital adjustment that resulted in cash collection in the amount of $76 reducing the original amount of the net assets acquired. These adjustments and a revaluation of contingent consideration resulted in a corresponding decrease to the originally recognized value of acquired goodwill.

Fair Values and Useful Lives of Intangible Assets Acquired



	Continuum			Think
	Weighted Average Useful Life (in years)	Amount		Weighted Average Useful Life (in years)	Amount
Customer relationships	6.5	$	5,800	7	$	6,117
Favorable lease	11.2	5,500		—	—
Contract royalties	8	1,900		—	—
Trade names	5	1,250		5	765
Total		$	14,450		$	6,882