BUSINESS ACQUISITION (Tables)

6 Months Ended

Jun. 30, 2018

Business Combinations [Abstract]

Schedule of purchase price allocation

The preliminary allocation of purchase price to the assets acquired and liabilities assumed is as follows (in thousands):

	Preliminary Fair Value
Net working capital	$	305
Fixed assets	106
Intangible assets	8,700
Goodwill	11,535
Net deferred tax liabilities	(2,659		)
Total preliminary purchase price	$	17,987

Schedule of the fair value of definite lived intangible assets acquired

The fair value of the intangible assets with definite lives are as follows (dollars in thousands):

	Preliminary Fair Value		Weighted Average Amortization Life
Technology	$	6,000	7 years
Customer lists	1,700		1 year
Trademarks and tradenames	1,000		4 years
Total intangible assets	$	8,700	5.5 years

Unaudited pro forma revenue and net income from continuing operations of business acquisitions

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(in thousands)
Pro forma revenue	$	185,820	$	158,737	$	369,201	$	296,935
Pro forma net income from continuing operations	$	45,188	$	7,758	$	80,956	$	14,966