Business Combination (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Assets Acquired and Liabilities Assumed

The Company accounted for this transaction as a business combination. The following table details the fair value of assets acquired and liabilities assumed from the PayGroup acquisition:



(In thousands)	Assets/Liabilities (at fair value)
Cash and cash equivalents	$	1,834
Accounts Receivable	3,778
Prepaid expenses and other assets	535
Property and equipment	1,082
Long-term deferred tax asset	834
Goodwill	26,931
Other intangible assets	19,340
Other long-term assets	499
Total assets acquired	54,833
Accrued liabilities	2,092
Accounts payable	1,965
Unearned income	946
Long-term debt	1,141
Long-term deferred tax liability	2,904
Other long-term liabilities	1,115
Total liabilities assumed	$	10,163

Schedule of Intangible Assets Acquired and Weighted Average Amortization Period

The following table details the major groups of intangible assets acquired and the weighted average amortization period for these assets:



(Dollar amounts in thousands)	Amount		Weighted Average Life
Customer Relationships	$	9,440	12
Trademark or tradenames	1,760		14
Software packages	8,140		10
Total	$	19,340	15