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Business Combinations (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2020 and 2019 (in thousands):

 

 

 

Nine Months Ended

 

 

 

September 30,

 

 

 

2020

 

 

2019

 

Cash

 

$

233

 

 

$

826

 

Accounts receivable

 

 

3,314

 

 

 

1,843

 

Funds held for clients

 

 

1,716

 

 

 

6,878

 

Operating lease right-of-use asset, net

 

 

1,427

 

 

 

2,789

 

Other assets

 

 

250

 

 

 

99

 

Identifiable intangible assets

 

 

4,788

 

 

 

7,725

 

Operating lease liability - current

 

 

(408

)

 

 

(1,013

)

Other current liabilities

 

 

(1,856

)

 

 

(2,245

)

Operating lease liability - noncurrent

 

 

(1,019

)

 

 

(1,776

)

Client fund obligations

 

 

(1,716

)

 

 

(6,878

)

Total identifiable net assets

 

$

6,729

 

 

$

8,248

 

Goodwill

 

 

48,584

 

 

 

24,369

 

Aggregate purchase price

 

$

55,313

 

 

$

32,617