Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

The table below sets forth the purchase consideration and the fair value allocation of the tangible and intangible net assets acquired (in thousands):



	January 1, 2017
Calculation of Purchase Consideration:
Cash paid, net of working capital adjustment	$	6,000

Estimated Tangible and Intangible Net Assets:
Developed technology	$	3,800
Current liabilities	(58		)
Goodwill	2,258
Total estimated tangible and intangible net assets	$	6,000

The table below sets forth the purchase consideration and the fair value allocation of the tangible and intangible net assets acquired (in thousands):



	March 8, 2017
Calculation of Purchase Consideration:
Cash paid, net of working capital adjustment	$	148,500
Assumed stock options	1,375
Total consideration	$	149,875
Estimated Tangible and Intangible Net Assets:
Cash	$	211
Accounts receivable	11,421
Current assets	883
Long-term assets	4,446
Customer relationships	93,260
Developed technology	4,770
Trade name	170
Current liabilities	(1,608		)
Long-term liabilities	(288		)
Goodwill	36,610
Total estimated tangible and intangible net assets	$	149,875

Unaudited Pro Forma Financial Information and Business Combinations in Operations

The pro forma adjustments were based on available information and upon assumptions that we believe are reasonable to reflect the impact of these acquisitions on our historical financial information on a supplemental pro forma basis, as follows (in thousands):



	Pro forma Year Ended December 31,
	2017		2016
Revenue	$	350,007	$	322,238
Net income	33,191		6,173
Net income per diluted share	$	0.68	$	0.13

The following table presents the revenue and earnings of the business combinations in the year of acquisition as reported within the consolidated financial statements (in thousands):



	Year Ended December 31, 2017
Revenue	$	33,418
Net loss	(4,072		)