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ACQUISITIONS AND DIVESTITURES (Tables) | 9 Months Ended
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Sep. 30, 2022
Faneuil |
Schedule of Assets Acquired and Liabilities Assumed | The following summarizes the estimated fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):
​ | ​ | ​ | ​ | ​
​ |  | Preliminary |
​ | ​ | Estimate of |
​ | ​ | Acquisition Date |
​ | ​ | Fair Value |
Cash | ​ | $ | — | ​
Accounts receivable, net | ​ |  | 704 | ​
Prepaid and other assets | ​ |  | 8,420 | ​
Net fixed assets | ​ | ​ | 5,622 | ​
Right of use lease assets | ​ | ​ | 16,526 | ​
Other assets | ​ | ​ | 3,824 | ​
Customer relationships | ​ | ​ | 61,310 | ​
Goodwill | ​ | ​ | 75,902 | ​
​ | ​ | $ | 172,308 | ​
​ | ​ | ​ | ​ | ​
Accrued employee compensation | ​ | $ | 202 | ​
Accrued expenses | ​ |  | 2,763 | ​
Right of use lease liability - current | ​ |  | 3,129 | ​
Right of use lease liability - non-current | ​ | ​ | 13,601 | ​
Deferred income | ​ | ​ | 811 | ​
Other liabilities | ​ |  | 9,382 | ​
​ | ​ | $ | 29,888 | ​
​ | ​ | ​ | ​ | ​
Total purchase price | ​ | $ | 142,420 | ​
Avtex |
Schedule of Assets Acquired and Liabilities Assumed | The following summarizes the fair values of the identifiable assets acquired and liabilities assumed as of the acquisition date (in thousands):
​ | ​ | ​ | ​ | ​
​ | ​ | Acquisition Date |
​ | ​ | Fair Value |
Cash | ​ | $ | 18,638 | ​
Accounts receivable, net | ​ |  | 22,214 | ​
Prepaid expenses | ​ |  | 26,389 | ​
Current income tax receivables | ​ | ​ | 93 | ​
Net fixed assets | ​ | ​ | 3,162 | ​
Right of use lease assets | ​ | ​ | 3,614 | ​
Other assets | ​ | ​ | 480 | ​
Tradename | ​ | ​ | 5,300 | ​
Intellectual property intangible | ​ | ​ | 770 | ​
Customer relationships | ​ | ​ | 128,200 | ​
Goodwill | ​ | ​ | 378,882 | ​
​ | ​ | $ | 587,742 | ​
​ | ​ | ​ | ​ | ​
Accounts payable | ​ | $ | 20,580 | ​
Accrued employee compensation | ​ |  | 4,325 | ​
Accrued expenses | ​ | ​ | 250 | ​
Right of use lease liability - current | ​ | ​ | 678 | ​
Deferred revenue | ​ |  | 56,765 | ​
Accrued income taxes | ​ | ​ | 332 | ​
Deferred tax liability | ​ | ​ | 1,930 | ​
Right of use lease liability - noncurrent | ​ |  | 2,936 | ​
​ | ​ | $ | 87,796 | ​
​ | ​ | ​ | ​ | ​
Total purchase price | ​ | $ | 499,946 | ​

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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