Acquisitions (Tables)

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the fair value of the purchase price and purchase price allocation for the acquisition (dollars in thousands).

Cash purchase price	$	3,193
Fair value of contingent consideration	4,505
Total purchase price	$	7,698
			Amortization
Purchase price allocation:			Period
Technology-related intangible assets	$	2,704	5 years
Customer-related intangible assets	653		5 years
Marketing-related intangible assets (tradename)	121		3 years
Goodwill	5,130
Total assets	8,608
Accrued expenses	44
Billings in excess of costs and estimated     earnings on uncompleted contracts	866
Total liabilities	910
Net assets acquired	$	7,698

The following table summarizes the fair value of the purchase price and purchase price allocation for the acquisition (dollars in thousands).

Cash purchase price	$	3,191
Fair value of contingent consideration	220
Total purchase price	$	3,411
			Amortization
Purchase price allocation:			Period
Fixed assets	$	50
Customer-related intangible assets	818		4 years
Goodwill	3,156
Total assets	4,024
Accrued expenses	558
Billings in excess of costs and estimated     earnings on uncompleted contracts	55
Total liabilities	613
Net assets acquired	$	3,411

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

Below is a summary of the potential maximum contingent consideration we may be required to pay in connection with completed acquisitions as of June 30, 2017 (dollars in thousands):

Acquisition:	Original range of potential undiscounted payments	As of June 30, 2017 Maximum contingent consideration due in
		2017		2018		2019-2020		Total
Maverick	$0 - $10,000	$	5,000	$	5,000	$	—	$	10,000
McKinney Rogers	$0 - $18,000	967		4,000		8,000		12,967
Emantras		—		*		—		—
		$	5,967	$	9,000	$	8,000	$	22,967
* There is no maximum contingent consideration payable to the seller.

Summary of changes in recorded amount of contingent consideration

Below is a summary of the changes in the recorded amount of contingent consideration liabilities from December 31, 2016 to June 30, 2017 (dollars in thousands):

	Liability as of December 31,		Additions		Change in Fair Value of Contingent			Foreign Currency		Liability as of June 30,
Acquisition:	2016		(Payments)		Consideration			Translation		2017
Maverick	$	5,258	$	—	$	(440	)	$	—	$	4,818
McKinney Rogers	—		4,505		334			—		4,839
Emantras	$	—	220		5			—		225
Total	$	5,258	$	4,725	$	(101	)	$	—	$	9,882