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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets  
Schedule of goodwill

 

 

 

 

Balance at December 31, 2017

    

 

74,613

Adjustments to Goodwill

 

 

(29)

Balance at March 31, 2018

 

$

74,584

 

Schedule of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

 

 

Amortization Period

 

 

 

 

Accumulated

 

Intangible

 

 

    

(in years)

    

Gross Value

    

Amortization

    

Assets, net

 

March 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

8.56

 

$

6,716

 

$

(1,537)

 

$

5,179

 

Client relationships

 

8.48

 

 

34,949

 

 

(6,770)

 

 

28,179

 

Non-competition agreements

 

4.96

 

 

5,404

 

 

(1,011)

 

 

4,393

 

Developed technology

 

7.38

 

 

26,791

 

 

(4,358)

 

 

22,433

 

Domain name

 

10.00

 

 

29

 

 

(5)

 

 

24

 

Total intangible assets

 

 

 

$

73,889

 

$

(13,681)

 

$

60,208

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

 

 

 

 

 

 

Amortization Period

 

 

 

 

Accumulated

 

Intangible

 

 

    

(in years)

    

Gross Value

    

Amortization

    

Assets, net

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

8.56

 

$

6,716

 

$

(1,320)

 

$

5,396

 

Client relationships

 

8.48

 

 

34,949

 

 

(5,652)

 

 

29,297

 

Non-competition agreements

 

4.96

 

 

5,404

 

 

(739)

 

 

4,665

 

Developed technology

 

7.38

 

 

26,791

 

 

(3,438)

 

 

23,353

 

Domain name

 

10.00

 

 

29

 

 

(4)

 

 

25

 

Total intangible assets

 

 

 

$

73,889

 

$

(11,153)

 

$

62,736

 

 

Schedule of estimated amortization expense

 

 

 

 

Years Ending December 31, 

    

 

 

2018 (April 1 - December 31)

    

$

7,550

2019

 

 

9,636

2020

 

 

9,296

2021

 

 

9,283

2022

 

 

8,975

Thereafter

 

 

15,468

Total estimated amortization expense

 

$

60,208