Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Business Combinations [Abstract]

Summary of Acquisition Accounting

The following table summarizes the preliminary acquisition accounting for the acquisitions (in thousands):

Trade and other receivables	$	37,986
Prepaid expenses and other	1,426
Property and equipment	5,745
Goodwill	55,711
Other intangible assets	53,259
Liabilities assumed	(32,202		)
Deferred tax liabilities	(17,217		)
Aggregate purchase prices	$	104,708

The following table summarizes the acquisition accounting for STP (in thousands):

Trade and other receivables	$	243,157
Prepaid expenses and other	5,757
Deferred tax assets	20,644
Property and equipment	44,226
Other long term assets	14,280
Goodwill	663,040
Customer relationships and other identifiable intangible assets	548,682
Liabilities assumed	(312,297		)
Aggregate purchase price	$	1,227,489

The following table summarizes the acquisition accounting for the acquisitions completed during 2015 (in thousands):

Trade and other receivables	$	521
Prepaid expenses and other	996
Property and equipment	197
Goodwill	9,561
Other intangible assets	39,791
Deferred tax liabilities	(2,437		)
Liabilities assumed	(2,331		)
Aggregate purchase prices	$	46,298

The following table summarizes the preliminary acquisition accounting for Cambridge (in thousands):

Restricted cash	$	37,666
Trade and other receivables	61,801
Prepaid expenses and other current assets	15,190
Property and equipment	7,106
Other long term assets	10,025
Goodwill	500,391
Customer relationships and other identifiable intangible assets	271,793
Liabilities assumed	(194,552		)
Deferred tax liabilities	(93,364		)
Aggregate purchase price	$	616,056

The following table summarizes the acquisition accounting for these acquisitions (in thousands):

Trade and other receivables	$	27,810
Prepaid expenses and other	5,097
Property and equipment	992
Goodwill	28,540
Other intangible assets	61,823
Deferred tax asset	146
Deferred tax liabilities	(5,123		)
Liabilities assumed	(42,550		)
Aggregate purchase prices	$	76,735

Summary of Final Estimated Fair Value of Intangible Assets Acquired and the Related Estimated Useful Lives

The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Trade name and trademarks	1	$	180
Technology	4	1,750
Customer relationships	8	51,329
		$	53,259

The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Banking relationships	20	$	705
Trade name and trademarks	Indefinite	35,110
Technology	5	16,039
Customer relationships - excluding Accounts Payable Solutions	7-18	178,190
Customer relationships - Accounts Payable Solutions	20	41,749
		$	271,793

The final estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Customer relationships	14-20	$	39,791
		$	39,791

The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Customer relationships and other identifiable intangible assets	10-18	$	61,823
		$	61,823

The estimated fair value of intangible assets acquired and the related estimated useful lives consisted of the following (in thousands):

	Useful Lives (in Years)	Value
Customer relationships	8.5-20	$	348,414
Trade names and trademarks	Indefinite	154,851
Technology	6	45,417
		$	548,682