ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2018

Allocation of Total Purchase Price Paid for Acquisitions

The fair values of the assets acquired and liabilities assumed at the date of the transaction were as follows (in thousands):



Cash	$	11,583
Receivables	37,521
Prepaid expenses	1,679
Fixed assets	1,499
Intangibles	60,590
Goodwill	164,487
Deferred tax assets	142
Other assets	1,149
Total assets acquired	278,650
Accounts payable	7,007
Accrued expenses	9,818
Accrued salaries and wages	10,784
Deferred revenue	1,505
Long-term obligations	2,097
Total liabilities assumed	31,211
Net assets acquired	$	247,439
Net cash paid	$	235,856
Actual cash paid	$	247,439

Schedule of fair Value of Intangible Assets Acquired

The following table summarizes the fair value of intangibles assets acquired at the date of acquisition and the related weighted average amortization period:



Intangible Asset Type	Weighted average amortization period	Fair Value
	(in years)	(in thousands)
Customer relationships	16	$	56,700
Backlog	1	3,890
Total		$	60,590

Schedule of Pro Forma Information

The table below summarizes the unaudited pro forma consolidated results of operations as if the acquisition of Sotera had occurred on January 1, 2016. The unaudited pro forma financial information was prepared based on historical financial information. The unaudited pro forma results below do not include any adjustments that may have resulted from synergies, eliminations of intercompany transactions or from amortization of intangibles (other than during the period following the closing of the Sotera acquisition). The pro forma financial information is not intended to reflect the actual results of operations that would have occurred if the acquisition had been completed on January 1, 2016, nor is it intended to be an indication of future operating results.



	Year Ended December 31,
	2017			2016
	(unaudited and in thousands)
Revenues	$	503,531		$	551,549
Net (loss) income from continuing operations	(19,261		)	3,000