Acquisitions (Tables)

6 Months Ended

Jun. 30, 2020

Business Combinations [Abstract]

Summary of Acquisition Accounting

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

Accounts and other receivables	$	1,513
Prepaid expenses and other current assets	396
Property and equipment	1,030
Other assets	5,612
Goodwill	168,990
Other intangibles	44,750
Current liabilities	(4,415)
Other noncurrent liabilities	(6,130)
Deferred income taxes	(4,178)
Aggregate purchase price	$	207,568

The following table summarizes acquisition accounting for the SOLE, r2c, and Travelliance acquisitions (in thousands):

Accounts and other receivables	$	91,457
Prepaid expenses and other current assets	1,833
Property and equipment	922
Other assets	4,593
Goodwill	122,406
Other intangibles	82,926
Current liabilities	(78,473)
Other noncurrent liabilities	(4,657)
Deferred taxes	(11,647)
Aggregate purchase price	$	209,360

Summary of Preliminary 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	Indefinite	$	8,700
Proprietary Technology	6	15,600
Referral Partners	10	810
Supplier Network	10	2,640
Customer Relationships	20	17,000
		$	44,750