Acquisitions (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of the allocation of the purchase price as of the acquisition date

We have performed a valuation analysis of the fair market value of Socrata’s assets and liabilities. The following table summarizes the allocation of the purchase price as of the acquisition date:



In thousands
Cash	$	1,724
Accounts receivable	3,616
Other current assets	2,057
Other noncurrent assets	68
Deferred tax assets, net	20
Identifiable intangible assets	75,000
Goodwill	75,657
Accounts payable	(1,254		)
Accrued expenses	(1,604		)
Deferred revenue	(5,915		)
Total consideration	$	149,369

Schedule of pro forma information

The following unaudited pro forma information of the consolidated results of operations have been prepared as if the Socrata acquisition had occurred at January 1, 2017, after giving effect to certain adjustments, including amortization of intangibles, interest, transaction costs and tax effects.



	Twelve Months Ended December 31,
	2018		2017

Revenues	$	943,723	$	865,944
Net income	139,315		150,515
Basic earnings per share	3.62		4.04
Diluted earnings per share	$	3.47	$	3.84