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Acquisitions (Tables) - PAY.ON [Member]
12 Months Ended
Dec. 31, 2017
Purchase Price of Pay.ON

The purchase price of PAY.ON was comprised of (in thousands):

 

     Amount  

Cash payments to PAY.ON shareholders

   $ 180,994  

Issuance of ACI common stock

     5,379  

Working capital adjustment

     (232
  

 

 

 

Total purchase price

   $ 186,141  
  

 

 

 
Preliminary Purchase Price Allocation

In connection with the acquisition, the Company recorded the following amounts based upon its purchase price allocation as of December 31, 2016.

 

(in thousands, except weighted average useful lives)

   Weighted-Average
Useful Lives
     PAY.ON  

Current assets:

     

Cash and cash equivalents

      $ 1,627  

Receivables

        2,649  

Other current assets

        502  
     

 

 

 

Total current assets acquired

        4,778  
     

 

 

 

Noncurrent assets:

     

Property and equipment

        332  

Goodwill

        140,526  

Software

     5 years        34,150  

Customer relationships

     15 years        21,718  

Trademarks

     5 years        2,300  

Other noncurrent assets

        28  
     

 

 

 

Total assets acquired

        203,832  
     

 

 

 

Current liabilities:

     

Accounts payable

        1,058  

Employee compensation

        681  

Other current liabilities

        866  
     

 

 

 

Total current liabilities acquired

        2,605  
     

 

 

 

Noncurrent liabilities:

     

Deferred income taxes

        15,086  
     

 

 

 

Total liabilities acquired

        17,691  
     

 

 

 

Net assets acquired

      $ 186,141