Acquisition and Divestiture (Tables)

12 Months Ended

Dec. 31, 2016

Business Combinations [Abstract]

Summary of fair values of assets and liabilities assumed at acquisition date

The Company determined the fair value of the net assets acquired as follows:

	Purchase Price Allocation
Cash	$	4,110
Prepaid expenses and other assets	3,145
Property, Plant & Equipment	2,882
Long term assets	1,986
Intangible assets:			Wtd. Avg.
Tradename	1,000		1 year
Technology	32,100		7 years
Customer relationships	29,000		10 years
Goodwill	91,732
Total assets acquired	165,955
Accounts payable and accrued liabilities	17,722
Deferred revenues	8,204
Long term liabilities	15,491
Net assets acquired	$	124,538

Operating results of discontinued operations

The following is a summary of the operating results of BPO which have been reflected within income from discontinued operations, net of tax:

	Year ended December 31,
	2016			2015			2014
Net revenues	$	145,613		$	150,714		$	150,013
Costs and expenses:
Cost of services	96,737			83,931			82,028
Selling, general and administrative	2,615			2,324			2,146
Total costs and expenses	99,352			86,255			84,174
Income from discontinued operations	46,261			64,459			65,839
Gain on sale of discontinued operations	95,311			—			—
Income from discontinued operations before taxes	141,572			64,459			65,839
Provision for income taxes	(67,039		)	(24,192		)	(24,921		)
Discontinued operations, net of taxes	$	74,533		$	40,267		$	40,918