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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Business Combination, Separately Recognized Transactions
The amount of Revenues, net and Net loss resulting from the acquisition that are attributable to the Company's stockholders and included in the Condensed Consolidated Statements of Operations and Comprehensive Loss were as follows:
Three months ended June 30, 2020
Revenues, net (1)
$46,663  
Net loss attributable to the Company's stockholders(8,911) 
(1) Includes $3,271 of a deferred revenue haircut recognized during the three months ended June 30, 2020.
Six months ended June 30, 2020
Revenues, net (1)
$63,707  
Net loss attributable to the Company's stockholders(9,518) 
(1) Includes $4,805 of a deferred revenue haircut recognized during the six months ended June 30, 2020.
Schedule of fair value of identifiable assets acquired and liabilities assumed for all acquisitions The following table summarizes the preliminary purchase price allocation for this acquisition:
Total
Accounts receivable$52,193  
Prepaid expenses4,295  
Other current assets68,001  
Computer hardware and other property4,302  
Other intangible assets(1)
491,366  
Other non-current assets2,960  
Operating lease right-of-use assets 25,099  
Total assets$648,216  
Accounts payable3,474  
Accrued expenses and other current liabilities35,812  
Current portion of deferred revenue35,126  
Current portion of operating lease liabilities 5,188  
Deferred income taxes47,467  
Non-current portion of deferred revenue628  
Other non-current liabilities52,908  
Operating lease liabilities 20,341  
Total liabilities200,944  
Fair value of acquired identifiable assets and liabilities$447,272  
(1)Includes $3,966 of internally developed software in progress acquired.
Purchase price, net of cash(2)
944,220  
Less: Fair value of acquired identifiable assets and liabilities 447,272  
Goodwill$496,948  
(2)The Company acquired cash of $20,777.
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination The following table summarizes the estimated fair value of DRG’s identifiable intangible assets acquired and their remaining weighted-average amortization period (in years):
Fair Value as of February 28, 2020Remaining
Weighted - Average
Amortization
Period (in years)
Customer Relationships$381,000  17.6
Database and Content50,200  4.7
Trade names5,200  4.0
Purchased Software23,000  6.4
Backlog28,000  4.0
Total identifiable intangible assets$487,400  
Business Acquisition, Pro Forma Information Unaudited pro forma information for the Company for the periods presented as if the acquisition had occurred January 1, 2019 is as follows:
Three Months Ended June 30,
20202019
Pro forma revenues, net$276,771  $286,137  
Pro forma net income (loss) attributable to the Company's stockholders1,925  (91,455) 
Six Months Ended June 30,
20202019
Pro forma revenues, net$542,112  $553,937  
Pro forma net loss attributable to the Company's stockholders(62,512) (191,956)