Business Combinations (Tables)

12 Months Ended

Dec. 31, 2017

Business Combinations

Schedule of consideration paid and the preliminary fair value of the assets acquired and liabilities assumed

Assets acquired:
Cash and equivalents	$	8,428
Accounts receivable		87,474
Inventory		1,245
Prepaid expenses & other		13,974
Property, plant and equipment, net		60,657
Identifiable intangible assets, net		251,060
Deferred charges and other assets		2,723
Other noncurrent assets		93
Goodwill		406,060
Total identifiable assets acquired	$	831,714
Liabilities assumed:
Accounts payable		(29,444	)
Short-term borrowings and current portion of long-term debt		(11,335	)
Accrued liabilities		(30,432	)
Advanced billings and customer deposits		(18,926	)
Long term debt		(15,704	)
Deferred taxes		(46,991	)
Other liabilities		(2,226	)
Total liabilities assumed	$	(155,058	)
Total consideration	$	676,656

Schedule of identifiable intangible assets

	Weighted Average Useful Life (in years)		Fair value
Trademark—Novitex		9.5	$	18,000
Customer relationships		16.0		230,000
Internally developed software—Connect Platform		5.0		1,710
Non-compete agreements		1.0		1,350
			$	251,060

Schedule of unaudited pro forma results

	December 31,
	2017			2016
Net Revenue	$	1,456,225		$	1,333,089
Net Loss	$	(121,172	)	$	(121,232	)