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Acquisition and Divestitures (Tables)
 12 Months Ended
Dec. 31, 2017
Business Combinations [Abstract]  
Schedule of business acquisitions
The following is a summary of the components of the consideration transferred as part of the acquisition:
Cash consideration for outstanding Intralinks’ common shares
$
746,071

Cash consideration for accelerated equity awards to Intralinks’ employees upon change in control
7,873

Cash consideration for vested unexercised Intralinks’ stock options
19,838

Cash consideration for existing Intralinks’ debt
77,800

 Cash consideration for shareholders purchase price settlement
2,794

Total cash consideration transferred
854,376

Fair value of replacement awards
4,702

Total consideration transferred
$
859,078

The following is a summary of the components of the consideration transferred as part of the acquisition:
 
(Restated)
Cash consideration for outstanding common shares
$
102,538

Issuance of Common Stock
22,000

Intellectual Property Settlement
(10,000
)
Total cash consideration transferred
114,538

Issuance of Common Stock
(22,000
)
Cash Consideration Transferred
$
92,538
Summary of fair values of assets and liabilities assumed at acquisition date
The Company determined the fair value of the net assets acquired as follows:
 
Purchase Price Allocation (Restated)
 
 
Cash
$
4,110

 
 
Prepaid expenses and other assets
3,005

 
 
Property, Plant & Equipment
2,882
 
 
Long term assets
1,870

 
 
Intangible assets:
 
 
Wtd. Avg.
Trade name
1,000

 
1 year
Technology
32,100

 
7 years
Customer relationships
29,000

 
10 years
Goodwill
81,015

 
 
Total assets acquired
154,982

 
 
Accounts payable and accrued liabilities
17,622

 
 
Deferred revenues
7,331

 
 
Long term liabilities
15,491

 
 
Net assets acquired
$
114,538

 
 
The Company entered into a number of acquisitions as described above, during 2015. The table below summarizes the fair value of the net assets acquired as follows:
 
(Restated)
 
 
 
Zentry
Razorsight
F-Secure
 
Total
Cash
 
$
1,172

 
 
$
1,172

Accounts receivable
 
120
 
 
120
Prepaid expenses and other assets
 
1,111

 
 
1,111

Equipment
2,900
879
 
 
3,779
Other assets - long term
 
144

 
 
144

Intangible assets:
 
 
 
 

Technology
23,200

9,200

3,071

 
35,471

Customer relationships
2,300

11,690

20,475

 
34,465

Goodwill
9,100

6,985

26,454

 
42,539

Total assets acquired
37,500

31,301

50,000

 
118,801

Accounts payable and accrued liabilities
 
2,216

519

 
2,735

Lease obligation
 
333

 
 
333

Deferred revenues
 
965

 
 
965

Contingent consideration
 
122

 
 
122

Deferred taxes
 
2,381

 
 
2,381

Redeemable noncontrolling interest
12,500

 
 
 
12,500

Net assets acquired
$
25,000

$
25,284

$
49,481

 
$
99,765

The purchase price allocation as of the date of the acquisition were as follows:
 
Weighted Average Life in Years
 
Purchase Price Allocation
Cash
 
 
$
39,370

Accounts receivable
 
 
46,182

Prepaid expenses and other assets
 
 
9,775

Property and equipment, net
4
 
14,075

Goodwill
 
 
482,822

Intangible Assets:
 
 
 
Developed technology
6
 
79,400

Capitalized software costs
1
 
277

Trade name
18
 
47,800

Customer relationships
10
 
284,100

 
 
 
411,577

Other assets, long-term
 
 
3,865

Investment in unconsolidated affiliate
 
 
5,800

Total assets acquired
 
 
1,013,466

 
 
 
 
Accounts payable
 
 
4,853

Accrued expenses
 
 
21,421

Deferred revenues, short-term
 
 
12,449

Deferred tax liability
 
 
110,044

Deferred revenues, long-term
 
 
1,051

Other liabilities, long-term
 
 
4,570

Total liabilities
 
 
154,388

Net assets acquired
 
 
$
859,078
Operating results of discontinued operations
The following is a summary of the operating results of BPO which have been reflected within income from discontinued operations, net of tax:
 
Year ended December 31,
 
2016
 
2015
 
(Restated)
Net revenues
$
145,241

 
$
150,714

Costs and expenses:
 
 
 
Cost of services
96,737

 
83,931

Selling, general and administrative
2,615

 
2,324

Total costs and expenses
99,352

 
86,255

Income from discontinued operations
45,889

 
64,459

Gain on sale of discontinued operations
113,130

 
—

Income from discontinued operations before taxes
159,019

 
64,459

Provision for income taxes
(68,459
)
 
(24,191
)
Discontinued operations, net of taxes
$
90,560

 
$
40,268

The following is a summary of the operating results of Intralinks during the year ended December 31, 2017, which have been reflected within income from discontinued operations, net of tax:
 
2017
Net revenues
$
213,178

Costs and expenses:
 
Cost of services
35,393

Research and development
19,148

Selling, general and administrative
114,737

Restructuring
15,995

Depreciation and amortization
41,780

Total costs and expenses
227,053

Other income, net
1,448

Loss from discontinued operations
(12,427
)
Gain on sale of discontinued operations
122,842

Income from discontinued operations before taxes
110,415

Provision for income taxes
(34,920
)
Discontinued operations, net of taxes
$
75,495