XML 42 R30.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as of the date of acquisition as updated for any changes as of December 31, 2019 for each respective acquisition:
 
Continuum
 
Think
 
test IO
Cash and cash equivalents
$
2,251

 
$
2,344

 
$
663

Trade receivables and contract assets
9,139

 
2,637

 
688

Prepaid and other current assets
936

 
900

 
96

Goodwill
26,617

 
20,477

 
12,150

Intangible assets
14,450

 
6,882

 
6,219

Property and equipment and other noncurrent assets
8,902

 
1,214

 
151

Total assets acquired
$
62,295

 
$
34,454

 
$
19,967

Accounts payable, accrued expenses and other current liabilities
$
3,746

 
$
2,025

 
$
910

Long-term debt (Note 8)
3,220

 

 

Other noncurrent liabilities
490

 

 
1,734

Total liabilities assumed
$
7,456

 
$
2,025

 
$
2,644

Net assets acquired
$
54,839

 
$
32,429

 
$
17,323


Fair Values and Useful Lives of Intangible Assets Acquired
The following table presents the estimated fair values and useful lives of intangible assets acquired from Continuum, Think, and test IO as of the date of acquisition and updated for any changes during the year ended December 31, 2019 for each respective acquisition:
 
Continuum
 
Think
 
test IO
 
Weighted Average Useful Life (in years)
 
Amount
 
Weighted Average Useful Life (in years)
 
Amount
 
Weighted Average Useful Life (in years)
 
Amount
Customer relationships
6.5
 
$
5,800

 
7
 
$
6,117

 
7
 
$
2,456

Favorable lease
11.2
 
5,500

 
 

 
 

Software
 

 
 

 
6
 
3,461

Contract royalties
8
 
1,900

 
 

 
 

Trade names
5
 
1,250

 
5
 
765

 
4
 
302

Total
 
 
$
14,450

 
 
 
$
6,882

 
 
 
$
6,219