Acquisitions	3 Months Ended
Mar. 31, 2017
Acquisitions [Abstract]
Acquisitions	(5) Acquisitions In 2016, the Company completed the acquisitions of Challenger and Hybrid, for total consideration of $22.8 million, $6.0 million of which was contingent and based on their future performance. The aggregate allocation of the combined purchase price included $1.2 million of cash, $9.9 million of identifiable intangible assets, $12.9 million of residual goodwill, and $1.2 million of net liabilities assumed. The contingent consideration liability was $2.2 million as of March 31, 2017 and December 31, 2016. Expected future payments of $1.7 million and $0.5 million were recorded in Other long-term liabilities and Accrued expenses and Other current liabilities, respectively, in the Company’s consolidated balance sheets at March 31, 2017 and December 31, 2016. Management believes that the contingent consideration liability of $2.2 million approximates its fair value as of March 31, 2017, based on the fair value of expected future payments estimated based on forecasted future performance. The fair value of these liabilities would be categorized as Level 3 in the fair value hierarchy.

Acquisitions

3 Months Ended

Mar. 31, 2017

(5) Acquisitions

In 2016, the Company completed the acquisitions of Challenger and Hybrid, for total consideration of $22.8 million, $6.0 million of which was contingent and based on their future performance. The aggregate allocation of the combined purchase price included $1.2 million of cash, $9.9 million of identifiable intangible assets, $12.9 million of residual goodwill, and $1.2 million of net liabilities assumed.

The contingent consideration liability was $2.2 million as of March 31, 2017 and December 31, 2016. Expected future payments of $1.7 million and $0.5 million were recorded in Other long-term liabilities and Accrued expenses and Other current liabilities, respectively, in the Company’s consolidated balance sheets at March 31, 2017 and December 31, 2016.

Management believes that the contingent consideration liability of $2.2 million approximates its fair value as of March 31, 2017, based on the fair value of expected future payments estimated based on forecasted future performance. The fair value of these liabilities would be categorized as Level 3 in the fair value hierarchy.