Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of the allocation of the purchase price as of the acquisition date

We have performed a valuation analysis of the fair market value of MicroPact’s assets and liabilities. The following table summarizes the final allocation of the purchase price as of the acquisition date:



(In thousands)
Cash	$	1,983
Accounts receivable	10,535
Other current assets	8,979
Other noncurrent assets	10,417
Identifiable intangible assets	136,143
Goodwill	76,319
Accounts payable	(602		)
Accrued expenses	(4,092		)
Other noncurrent liabilities	(8,879		)
Deferred revenue	(13,510		)
Deferred tax liabilities, net	(13,125		)
Total consideration	$	204,168

Schedule of pro forma information

The following unaudited pro forma consolidated operating results information has been prepared as if the MicroPact acquisition had occurred at January 1, 2018, after giving effect to certain adjustments, including amortization of intangibles, interest, transaction costs and tax effects.



	Twelve Months Ended December 31,(unaudited)
	2019		2018
Revenues	$	1,098,226	$	1,009,427
Net income	146,200		146,998
Basic earnings per share	$	3.78	$	3.82
Diluted earnings per share	$	3.65	$	3.66