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GOODWILL
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL
NOTE 8:-
GOODWILL

Following the Company's acquisitions in 2017, as described in Note 1b, the changes in the carrying amount of goodwill allocated to reportable segments for the years ended December 31, 2017 and 2016 are as follows:

   
Year ended December 31, 2017
 
   
Customer Engagement
   
Financial Crime and Compliance
   
Total
 
                   
As of January 1, 2017
 
$
1,022,198
   
$
262,512
   
$
1,284,710
 
                         
Acquisitions (*)
   
24,346
     
-
     
24,346
 
Functional currency translation adjustments
   
7,378
     
1,808
     
9,186
 
                         
As of December 31, 2017
 
$
1,053,922
   
$
264,320
   
$
1,318,242
 
 
   
Year ended December 31, 2016
 
   
Customer Engagement
   
Financial Crime and Compliance
   
Total
 
                   
As of January 1, 2016
 
$
384,808
   
$
266,304
   
$
651,112
 
                         
Acquisitions (**)
   
651,892
     
-
     
651,892
 
Functional currency translation adjustments
   
(14,502
)
   
(3,792
)
   
(18,294
)
                         
As of December 31, 2016
 
$
1,022,198
   
$
262,512
   
$
1,284,710
 

(*)
Includes a reduction of $3,799 of goodwill in respect of 2016 acquisition resulted from a finalization of purchase price allocation.

(**)
Including a goodwill balance of $559,372 related to the acquisition of inContact.