Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the purchase prices and purchase price allocations for the acquisitions completed during the year ended December 31, 2017. A description of the acquired businesses is summarized below the table.

Acquired company	YouTrain		CLS		Emantras		McKinney Rogers
Acquisition date	8/31/2017		8/31/2017		4/1/2017		2/1/2017
Cash purchase price	$	4,898	$	436	$	3,191	$	3,259
Fair value of contingent consideration	—		888		220		4,505
Working capital adjustment	180		—		—		—
Total purchase price	$	5,078	$	1,324	$	3,411	$	7,764
Purchase price allocation:
Cash	$	673	$	—	$	—	$	—
Accounts receivable and other assets	234		—		—		—
Fixed assets	215		—		50		—
Technology-related intangible assets	—		—		—		2,704
Customer-related intangible assets	1,313		253		818		653
Marketing-related intangible assets (tradename)	—		—		—		121
Goodwill	3,268		1,090		3,156		5,196
Total assets	5,703		1,343		4,024		8,674
Accounts payable and accrued expenses	348		19		558		44
Deferred revenue	28		—		55		866
Deferred tax liability	249		—		—		—
Total liabilities	625		19		613		910
Net assets acquired	$	5,078	$	1,324	$	3,411	$	7,764

The following table summarizes the purchase prices and purchase price allocations for the acquisitions completed during the year ended December 31, 2018. A description of the acquired businesses is summarized below the table.

Acquired company	TTi Global			TTi Europe		IC Axon		Hula
Acquisition date	11/30/2018			8/7/2018		5/1/2018		1/2/2018
Cash purchase price	$	14,195		$	3,000	$	30,535	$	10,000
Fair value of contingent consideration	—			—		905		—
Working capital adjustment	(850		)	—		—		—
Total purchase price	$	13,345		$	3,000	$	31,440	$	10,000
Purchase price allocation:
Cash	$	1,780		$	125	$	538	$	—
Accounts receivable and other assets	14,218			1,684		3,110		—
Fixed assets	300			9		368		—
Customer-related intangible assets	4,428			762		10,365		1,367
Marketing-related intangible assets (tradename)	454			45		239		106
Goodwill	4,655			2,179		21,613		8,527
Total assets	25,835			4,804		36,233		10,000
Accounts payable and accrued expenses	10,066			1,609		983		—
Deferred revenue	219			126		979		—
Deferred tax liability	2,205			69		2,831		—
Total liabilities	12,490			1,804		4,793		—
Net assets acquired	$	13,345		$	3,000	$	31,440	$	10,000

Schedule of Changes in Contingent Consideration Liabilities

Below is a summary of the changes in the recorded amount of contingent consideration liabilities from December 31, 2018 to December 31, 2019 for each acquisition (dollars in thousands): 

	Liability as of		2019 Additions		Change in Fair Value of Contingent			Foreign Currency		2019 Payments		Liability as of
Acquisition:	Dec. 31, 2018				Consideration			Translation				Dec. 31, 2019
IC Axon	$	594	$	—	$	(594	)	$	—	$	—	$	—
McKinney Rogers	83		—		(83		)	—		—		—
	$	677	$	—	$	(677	)	$	—	$	—	$	—