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Business Combinations (Tables)
3 Months Ended
Mar. 31, 2020
Business Acquisitions in 2019 and 2020 [Member]  
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table is a preliminary summary of the identifiable assets acquired, liabilities assumed and aggregate purchase price for the acquisitions for  the three months ended March 31, 2020 and 2019 (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Cash and cash equivalents

 

$

125

 

 

$

-

 

Accounts receivable, net

 

 

871

 

 

 

550

 

Client funds

 

 

1,716

 

 

 

-

 

Operating lease right of use asset, net

 

 

224

 

 

 

-

 

Identifiable intangible assets

 

 

3,629

 

 

 

654

 

Other current assets

 

 

53

 

 

 

5

 

Operating lease liability - current

 

 

(66

)

 

 

-

 

Other current liabilities

 

 

(779

)

 

 

(288

)

Client fund obligations

 

 

(1,716

)

 

 

-

 

Operating lease liability - noncurrent

 

 

(158

)

 

 

-

 

Total identifiable net assets

 

$

3,899

 

 

$

921

 

Goodwill

 

 

11,158

 

 

 

2,165

 

Aggregate purchase price

 

$

15,057

 

 

$

3,086