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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2020
Business Acquisitions in 2019 and 2020 [Member]  
Schedule of Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the amounts of identifiable assets acquired, liabilities assumed and aggregate purchase price for the acquisitions for the six months ended June 30, 2020 and 2019 (in thousands):

 

 

 

Six Months Ended

 

 

 

June 30,

 

 

 

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 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