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Business Acquisitions (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Allocation of Purchase Price to Assets Acquired and Liabilities Assumed
The allocation of the purchase price to the assets acquired and liabilities assumed (in thousands) with respect to each of these acquisitions at their respective acquisition dates is summarized as follows:
 
2017 Acquisitions
 
2016 Acquisitions
 
Fiery
 
Productivity Software
 
Industrial Inkjet
 
Productivity Software
 
FFPS
 
Generation Digital
 
CRC and Escada
 
Rialco
 
Optitex
 
Weighted
average
useful life
 
Purchase
Price
Allocation
 
Weighted
average
useful life
 
Purchase
Price
Allocation
 
Weighted
average
useful life
 
Purchase
Price
Allocation
 
Weighted
average
useful life
 
Purchase
Price
Allocation
 
Weighted
average
useful life
 
Purchase
Price
Allocation
Purchasing agreement
10 years

 
$
9,330

 

 
$

 

 
$

 

 
$

 

 
$

Take-or-pay contract
4 years

 
9,000

 

 

 

 

 

 

 

 

Customer relationships

 

 
8 years

 
3,030

 
7-9 years

 
5,240

 
6 years

 
2,512

 
3-4 years

 
8,890

Existing technology
2 years

 
2,570

 
5 years

 
890

 
4-6 years

 
5,870

 
5 years

 
846

 
5 years

 
7,760

Trade names
5 years

 
1,020

 
5 years

 
290

 
4-5 years

 
850

 
5 years

 
763

 
4 years

 
2,020

IPR&D
< one year

 
70

 

 

 

 

 

 

 

 

Backlog

 

 

 

 
one year

 
191

 
< one year

 
56

 
< one year

 
370

Goodwill

 
6,590

 

 
3,012

 

 
11,632

 
 
 
1,426

 
 
 
28,147

Total intangible assets
 
 
28,580

 
 
 
7,222

 
 
 
23,783

 
 
 
5,603

 
 
 
47,187

Net tangible assets (liabilities)
 
(5,537
)
 
 
 
(298
)
 
 
 
(3,738
)
 
 
 
5,177

 
 
 
(11,924
)
Total purchase price
 
 
$
23,043

 
 
 
$
6,924

 
 
 
$
20,045

 
 
 
$
10,780

 
 
 
$
35,263