Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.10.0.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill
Changes in the carrying amount of goodwill during the years ended December 31, 2018 and 2017, were as follows, in thousands:
Balance at January 1, 2017
 
$
259,938

Goodwill acquired
 
491,079

Measurement period and other adjustments
 
35

Balance at December 31, 2017
 
751,052

Goodwill acquired
 
304,162

Measurement period and other adjustments
 
(2,095
)
Balance at December 31, 2018
 
$
1,053,119

Other Intangible Assets
Intangible assets consisted of the following at December 31, 2018 and 2017:
 
 
December 31, 2018
 
December 31, 2017
 
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
(in thousands)
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Developed technologies
 
$
207,310

 
$
(100,445
)
 
$
106,865

 
$
164,640

 
$
(76,577
)
 
$
88,063

Client relationships
 
264,228

 
(107,155
)
 
157,073

 
213,728

 
(78,390
)
 
135,338

Vendor relationships
 
5,650

 
(5,650
)
 

 
5,650

 
(5,650
)
 

Trade names
 
22,956

 
(10,682
)
 
12,274

 
17,556

 
(4,325
)
 
13,231

Non-compete agreements
 
4,173

 
(1,395
)
 
2,778

 
4,173

 
(605
)
 
3,568

Total finite-lived intangible assets
 
504,317

 
(225,327
)
 
278,990

 
405,747

 
(165,547
)
 
240,200

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trade names
 
8,388

 

 
8,388

 
12,137

 

 
12,137

Total intangible assets
 
$
512,705

 
$
(225,327
)
 
$
287,378

 
$
417,884

 
$
(165,547
)
 
$
252,337

Estimated Amortization of Intangible Assets
The following table sets forth the estimated amortization of intangible assets for the years ending December 31, in thousands:
2019
$
61,916

2020
52,679

2021
45,446

2022
35,686

2023
28,553