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Business Combinations and Other Transactions (Tables)
 12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Summary of fair value of consideration transfer
The following table summarizes the fair value of consideration transferred and our allocation of that consideration based on the fair values of the assets acquired and liabilities assumed as of the date of acquisition (in thousands):
 
 
As of
July 30, 2018
 
Cash
$
158,898

 
Contingent consideration liability
 
18,616

 
 
$
177,514

`
Less: Transaction-related receivable
 
(20,200
)
 
Net fair value of consideration transferred
$
157,314

 
 
 
 
 
Allocation:
 
 
Estimated useful life (Years)
Net tangible assets and liabilities:
 
 
 
  Restricted cash
$
15,913

 
  Other current assets
 
5,600

 
  Other non-current assets
 
3,116

 
  Current liabilities
 
(6,219
)
 
  Long-term debt
 
(17,717
)
 
  Other long-term liabilities
 
(3,767
)
 
Total net tangible assets and liabilities
$
(3,074
)
 
 
 
 
 
Identified intangible assets:
 
 
 
  Patents
$
154,000

9 - 10
  Goodwill(1)
 
6,388

 
Total identified intangible assets
$
160,388

 
 
 
 
 
Total fair value of consideration transferred
$
157,314

 
(1) Goodwill consists of expected synergies resulting from the combination of our and Technicolor’s patent licensing businesses in the increasingly complementary areas of mobile and video technology. We expect almost all of the goodwill resulting from the Technicolor Patent Acquisition will be deductible for income tax purposes.
Schedule of Pro Forma Information The amounts in the table are unaudited (in thousands, except per share data):
 
For the Year Ended
 
December 31,
 
2018
2017
 
(Unaudited)
Actual revenue
$
307,404

$
532,938

Supplemental pro forma revenue
$
314,096

$
541,921

Actual earnings
$
65,031

$
176,220

Supplemental pro forma earnings
$
52,754

$
107,531

Actual diluted earnings per share
$
1.84

$
4.93

Supplemental pro forma diluted earnings per share
$
1.49

$
3.01
Schedule of expected benefit payments Expected future benefit payments under these plans as of December 31, 2019 were as follows (in thousands):
2020
$
94

2021
177

2022
239

2023
568

2024
248

2025 - 2029
1,935