Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed as of Dates of Respective Acquisitions

Acquired Assets and Liabilities. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed for our 2018 acquisitions collectively as of the dates of their respective acquisitions (in thousands):


Cash and cash equivalents	$	7,090
Settlement assets		103,444
Trade accounts receivable		24,341
Other current assets		7,683
Property and equipment		13,539
Software		10,354
Goodwill		51,590
Acquired client contracts		63,570
Other assets		11,316
Total assets acquired		292,927
Client deposits		(6,102	)
Trade account payable		(7,147	)
Accrued employee compensation		(2,966	)
Settlement liabilities		(102,221	)
Other current liabilities		(1,706	)
Other non-current liabilities		(10,204	)
Total liabilities assumed		(130,346	)
Net assets acquired	$	162,581

Summary of Supplemental Pro Forma Information

This supplemental pro forma information has been prepared for comparative purposes and does not purport to be indicative of what would have occurred had the Business Ink and Forte acquisitions been completed on January 1, 2017 or January 1, 2018, nor are they indicative of any future results.

	(Unaudited) Year Ended December 31,
	2018		2017
Total revenues	$	960,160	$	935,565
Net income		69,759		64,868
Diluted income per common share:
Income from continuing operations	$	2.12	$	1.97
Weighted average common shares		32,855		32,865