Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Identified Intangible Assets (Tables)

v3.7.0.1
Goodwill and Identified Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in Carrying Amount of Goodwill
Changes in the carrying amount of goodwill during the six months ended June 30, 2017 were as follows, in thousands:
Balance as of December 31, 2016
$
259,938

Goodwill acquired
99,446

Other
36

Balance as of June 30, 2017
$
359,420

Other Intangible Assets
Identified intangible assets consisted of the following at June 30, 2017 and December 31, 2016:
 
 
June 30, 2017
 
December 31, 2016
 
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
 
(in thousands)
Finite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Developed technologies
 
$
101,974

 
$
(68,078
)
 
$
33,896

 
$
75,671

 
$
(62,249
)
 
$
13,422

Client relationships
 
122,768

 
(69,894
)
 
52,874

 
108,468

 
(64,173
)
 
44,295

Vendor relationships
 
5,650

 
(5,650
)
 

 
5,650

 
(5,650
)
 

Trade names
 
9,680

 
(2,229
)
 
7,451

 
5,899

 
(1,225
)
 
4,674

Non-compete agreements
 
4,173

 
(209
)
 
3,964

 
253

 
(170
)
 
83

Total finite-lived intangible assets
 
244,245

 
(146,060
)
 
98,185

 
195,941

 
(133,467
)
 
62,474

Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trade names
 
12,133

 

 
12,133

 
12,502

 

 
12,502

Total identified intangible assets
 
$
256,378

 
$
(146,060
)
 
$
110,318

 
$
208,443

 
$
(133,467
)
 
$
74,976