ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

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

The following table summarizes the preliminary allocation of the purchase price as of the acquisition date:

Cash	$	6,361
Accounts receivable	1,730
Other current assets	594
Other noncurrent assets	698
Goodwill and identifiable intangible assets	125,541
Accounts payable	(1,881)
Accrued expenses	(357)
Other noncurrent liabilities	(742)
Deferred revenue	(688)
Deferred tax liabilities, net	(8,326)
Total consideration	$	122,930

The following table summarizes the allocation of the purchase price as of the acquisition date:

Cash	$	331,783
Accounts receivable	149,515
Other current assets	12,988
Other noncurrent assets	20,974
Identifiable intangible assets	777,000
Goodwill	1,446,868
Accounts payable	(150,099)
Accrued expenses	(63,154)
Other noncurrent liabilities	(11,493)
Deferred revenue	(3,294)
Deferred tax liabilities, net	(190,596)
Total consideration	$	2,320,492

Schedule of pro forma information

therefore the following unaudited pro forma consolidated operating results information has been prepared as if the acquisitions of Rapid and US eDirect had occurred on January 1, 2021, and NIC had occurred on January 1, 2020, after giving effect to certain adjustments, including amortization of intangibles, transaction costs, and tax effects.

	Years ended December 31,
	2022		2021		2020
Revenues	$	1,867,011	$	1,785,623	$	1,577,117
Net income	147,028		157,765		183,994
Basic earnings per share	$	3.54	$	3.86	$	4.60
Diluted earnings per share	$	3.47	$	3.73	$	4.43