Quarterly report pursuant to Section 13 or 15(d)

Acquisitions - Allocated Purchase Price (Details)

v3.10.0.1
Acquisitions - Allocated Purchase Price (Details) - USD ($)
$ in Thousands
1 Months Ended 9 Months Ended
Sep. 30, 2018
Jul. 31, 2018
Apr. 30, 2018
Oct. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Feb. 28, 2017
Jan. 31, 2017
Sep. 30, 2018
Dec. 31, 2017
Fair value of total purchase consideration:                    
Liabilities assumed $ 0               $ 0  
Fair value of net assets acquired:                    
Goodwill 1,009,462               1,009,462 $ 751,052
ClickPay                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 138,787  
Common stock issued at closing                 48,034  
Deferred cash obligations, net 9,821   $ 9,800           9,821  
Noncontrolling interest financing     24,400           24,369  
Contingent consideration 0               0  
Total purchase price     $ 221,000           221,011  
Fair value of net assets acquired:                    
Restricted cash 1,313               1,313  
Accounts receivable 2,288               2,288  
Property, equipment, and software 89               89  
Goodwill 172,618               172,618  
Other assets 443               443  
Accounts payable and accrued liabilities (2,697)               (2,697)  
Client deposits held in restricted accounts (1,313)               (1,313)  
Deferred revenue 0               0  
Deferred tax liability (4,430)               (4,430)  
Total fair value of net assets acquired 221,011               221,011  
ClickPay | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 29,100               29,100  
ClickPay | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 20,700               20,700  
ClickPay | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 2,900               2,900  
BluTrend                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 8,500  
Common stock issued at closing                 0  
Deferred cash obligations, net 0               0  
Noncontrolling interest financing                 0  
Contingent consideration 0               0  
Total purchase price 112,700 $ 8,500             8,500  
Fair value of net assets acquired:                    
Restricted cash 0               0  
Accounts receivable 226               226  
Property, equipment, and software 0               0  
Goodwill 3,887 $ 3,900             3,887  
Other assets 122               122  
Accounts payable and accrued liabilities (5)               (5)  
Client deposits held in restricted accounts 0               0  
Deferred revenue 0               0  
Deferred tax liability 0               0  
Total fair value of net assets acquired 8,500               8,500  
BluTrend | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 730               730  
BluTrend | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 3,510               3,510  
BluTrend | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 30               30  
LeaseLabs                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 84,500  
Common stock issued at closing                 5,300  
Deferred cash obligations, net 15,888               15,888  
Noncontrolling interest financing                 0  
Contingent consideration 7,000               7,000  
Total purchase price                 112,688  
Fair value of net assets acquired:                    
Restricted cash 0               0  
Accounts receivable 2,625               2,625  
Property, equipment, and software 865               865  
Goodwill 84,127               84,127  
Other assets 363               363  
Accounts payable and accrued liabilities (167)               (167)  
Client deposits held in restricted accounts 0               0  
Deferred revenue (2,325)               (2,325)  
Deferred tax liability 0               0  
Total fair value of net assets acquired 112,688               112,688  
LeaseLabs | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 8,300               8,300  
LeaseLabs | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 17,800               17,800  
LeaseLabs | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 1,100               1,100  
Axiometrics                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 66,050  
Deferred cash obligations, net 6,895               6,895  
Contingent consideration 812               812  
Total purchase price               $ 73,800 73,757  
Fair value of net assets acquired:                    
Restricted cash 0               0  
Accounts receivable 1,620               1,620  
Property, equipment, and software 400               400  
Goodwill 54,190               54,190  
Other assets 273               273  
Accounts payable and accrued liabilities (367)               (367)  
Client deposits held in restricted accounts 0               0  
Deferred revenue (7,115)               (7,115)  
Other long-term liabilities (774)               (774)  
Deferred tax liability 0               0  
Total fair value of net assets acquired 73,757               73,757  
Axiometrics | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 15,500               15,500  
Axiometrics | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 6,830               6,830  
Axiometrics | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 3,200               3,200  
Axiometrics | Non-compete agreements                    
Fair value of net assets acquired:                    
Intangible assets 0               0  
AUM                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 64,775  
Liabilities assumed 0               0  
Deferred cash obligations, net 4,637               4,637  
Contingent consideration 0               0  
Total purchase price           $ 69,400     69,412  
Fair value of net assets acquired:                    
Restricted cash 5,954               5,954  
Accounts receivable 2,409               2,409  
Property, equipment, and software 319               319  
Goodwill 45,907               45,907  
Other assets 850               850  
Accounts payable and accrued liabilities (2,150)               (2,150)  
Client deposits held in restricted accounts (5,954)               (5,954)  
Deferred revenue (321)               (321)  
Other long-term liabilities 0               0  
Deferred tax liability 0               0  
Total fair value of net assets acquired 69,412               69,412  
AUM | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 10,800               10,800  
AUM | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 7,470               7,470  
AUM | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 208               208  
AUM | Non-compete agreements                    
Fair value of net assets acquired:                    
Intangible assets 3,920               3,920  
On-Site                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 225,300  
Liabilities assumed 0               0  
Deferred cash obligations, net 25,809               25,809  
Contingent consideration 0               0  
Total purchase price         $ 251,100       251,109  
Fair value of net assets acquired:                    
Restricted cash 3,458               3,458  
Accounts receivable 4,484               4,484  
Property, equipment, and software 789               789  
Goodwill 182,592               182,592  
Other assets 853               853  
Accounts payable and accrued liabilities (1,124)               (1,124)  
Client deposits held in restricted accounts (3,458)               (3,458)  
Deferred revenue (565)               (565)  
Other long-term liabilities 0               0  
Deferred tax liability (1,240)               (1,240)  
Total fair value of net assets acquired 251,109               251,109  
On-Site | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 16,960               16,960  
On-Site | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 41,360               41,360  
On-Site | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 7,000               7,000  
On-Site | Non-compete agreements                    
Fair value of net assets acquired:                    
Intangible assets 0               0  
PEX                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 5,103  
Liabilities assumed 0               0  
Deferred cash obligations, net 928               928  
Contingent consideration 0               0  
Total purchase price       $ 6,000         6,031  
Fair value of net assets acquired:                    
Restricted cash 0               0  
Accounts receivable 107               107  
Property, equipment, and software 0               0  
Goodwill 3,300               3,300  
Other assets 95               95  
Accounts payable and accrued liabilities (242)               (242)  
Client deposits held in restricted accounts 0               0  
Deferred revenue (221)               (221)  
Other long-term liabilities 0               0  
Deferred tax liability (108)               (108)  
Total fair value of net assets acquired 6,031               6,031  
PEX | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 2,350               2,350  
PEX | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 590               590  
PEX | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 160               160  
PEX | Non-compete agreements                    
Fair value of net assets acquired:                    
Intangible assets 0               0  
LRO                    
Fair value of total purchase consideration:                    
Cash, net of cash acquired                 298,040  
Liabilities assumed 377               377  
Deferred cash obligations, net 1,506               1,506  
Contingent consideration 0               0  
Total purchase price             $ 299,900   299,923  
Fair value of net assets acquired:                    
Restricted cash 0               0  
Accounts receivable 4,460               4,460  
Property, equipment, and software 1,507               1,507  
Goodwill 202,868               202,868  
Other assets 475               475  
Accounts payable and accrued liabilities (192)               (192)  
Client deposits held in restricted accounts 0               0  
Deferred revenue (861)               (861)  
Other long-term liabilities 0               0  
Deferred tax liability 0               0  
Total fair value of net assets acquired 299,923               299,923  
LRO | Developed product technologies                    
Fair value of net assets acquired:                    
Intangible assets 42,000               42,000  
LRO | Client relationships                    
Fair value of net assets acquired:                    
Intangible assets 49,000               49,000  
LRO | Trade names                    
Fair value of net assets acquired:                    
Intangible assets 666               666  
LRO | Non-compete agreements                    
Fair value of net assets acquired:                    
Intangible assets $ 0               $ 0