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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Allocated Aggregate Purchase Price of Acquisitions

The following table summarizes the amounts of identifiable assets acquired, liabilities assumed and aggregate purchase price for the acquisitions in 2016, 2015 and 2014 (in thousands):

 

 

 

2016

 

 

2015

 

 

2014

 

Cash

 

$

10

 

 

$

—

 

 

$

1,381

 

Accounts receivable, net

 

 

6,649

 

 

 

1,501

 

 

 

4,204

 

Funds held for clients

 

 

37,230

 

 

 

—

 

 

 

—

 

Property and equipment

 

 

440

 

 

 

—

 

 

 

—

 

Other assets

 

 

294

 

 

 

52

 

 

 

464

 

Identifiable intangible assets

 

 

22,177

 

 

 

7,037

 

 

 

17,952

 

Accounts payable

 

 

—

 

 

 

(62

)

 

 

(3,319

)

Accrued liabilities

 

 

(1,133

)

 

 

(1,552

)

 

 

(3,513

)

Income taxes payable

 

 

—

 

 

 

—

 

 

 

(1,058

)

Deferred taxes

 

 

—

 

 

 

—

 

 

 

(1,834

)

Client fund obligations

 

 

(37,230

)

 

 

—

 

 

 

—

 

Total identifiable net assets

 

$

28,437

 

 

$

6,976

 

 

$

14,277

 

Goodwill

 

 

34,803

 

 

 

13,471

 

 

 

51,873

 

Aggregate purchase price

 

$

63,240

 

 

$

20,447

 

 

$

66,150