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Business Acquisition (Tables)
9 Months Ended
Sep. 30, 2018
Business Combinations [Abstract]  
Schedule of Business Acquisitions
The following is a summary of the allocation of the purchase price to the assets and liabilities acquired:
(In thousands)
As Reported
December 31, 2017
 
Measurement Period Adjustments
 
Final
September 30, 2018
Total consideration
$
129,828

 
$

 
$
129,828

Less:
 
 
 
 

Cash
15,546

 

 
15,546

Accounts receivable
4,171

 
100

 
4,271

Property and equipment
2,530

 
(1,329
)
 
1,201

Customer relationships (a)
15,000

 
200

 
15,200

Developed technologies (b)
24,100

 

 
24,100

Trademarks and trade names (c)
1,460

 
10

 
1,470

In-process research and development

 
21,600

 
21,600

Other liabilities
(685
)
 
(772
)
 
(1,457
)
Recorded goodwill
$
67,706

 
$
(19,809
)
 
$
47,897

(a) Weighted average life – 9.0 years.
(b) Weighted average life – 3.4 years.
(c) Weighted average life – 4.3 years.
(a) (b) (c) The weighted average life of these amortized intangible assets is 5.5 years.